| Comment Number: | 522418-05722 |
| Received: | 7/3/2006 11:08:00 AM |
| Organization: | Quixtar |
| Commenter: | Robert Waterhouse |
| State: | AL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
As an Independent Business Owner (IBO) connected to the Quixtar Corporation for the past 12 years, I believe it is important to state my opposition to the proposed rule changes the FTC is considering. When I began as IBO, my sponsor gave me adequte information to get started in business for myself. Having never owned my own business before, I had to learn how to be a business owner which included a lot of trial and error on my part. The system that our particular group of IBOs uses has helped tremendously, making it possible for me to learn the business. All of these voluntary investements have proved invalable both inside the Quixtar business and outside as well. I have worked very hard to create the business I have so far, and when I share this opportunity with others, I am very clear that this is not a "get-quick-rich" plan. It takes hard work and dedication - just like any other successful venture in life. I think a 7 day waiting period to sign up in our business would significantly reduce my ability to grow my business. If someone wants to sign up that same day, he or she should be able to. If he or she decideds to change his or her mind later, they are always entitled to a full refund. Providing references is another unneccesary hurdle. Quality organizations such as ours have regular business building meetings that prospective business owner can attend to meet the other people involved - there is no need to for IBOs to provide a reference list to prospects. A litigation list is again another unneccesary hurdle. That information can be researched by the prospect. As far as earnings, I currently share with prospects average monthly gross incomes - so additional, specific potential income is not necessary. As I write these comments the day before the 4th of July, I am reminded that we live in the greatest country on earth. Our forefathers fought for our independence from a tryannous government - one that placed tremendous burdens on the people to say the least. Now more than 200 years later, average citizens again need to keep a watchful eye on our government in order to keep oppressive regulations off our backs. Freedom to pursue our dreams and create, grow and manage our businesses without added government interference is what still makes America great!