| Comment Number: | 522418-05886 |
| Received: | 7/4/2006 7:06:38 AM |
| Organization: | Quixtar |
| Commenter: | William McGuire |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom This May Concern, The Quixtar opportunity was presented to me by one of my very trusted friends in Textile Engineering. After attending one of the business meetings, I was very excited to know that I could get started as soon as I wanted to. However, there was no pressure. The mentors I worked with me and helped me build aspects of my business at least a week before I ever registered. They never pressed me to register or even mentioned it, but rather left the decision up to me. I noticed that one of the parts of the proposal requires that new IBOs would have to wait at least 7 days to register with Quixtar. I find this appaling. To compare this with the corporate world, I also work for GE, one of the most respected companies in the world. When I was sent my offer letter from them, I was given 2 days to tell them if I was going to accept the job and the offer letter they sent me outlined my job duties. However, after working for them for a while now, I have found that the offer letter they sent me was misleading, considering I have not worked on a single item that was outlined in the offer letter. I however have found no fault in Quixtar with the plan they presented to me and have been able to build a successful business based on concepts and details they outlined the first night I saw the plan. Also, I wasn't forced to accept the offer in 2 days like GE. Another item that needs to be addressed is the clause that says that at least 10 references of other IBO's in the area have to be given to a new prospect. How many jobs in the nation require 10 references. Quixtar runs based on the fact that by serving the people below you, your business is benefitted. Therefore, I have found that often, I was given a list of as many people's names as I wanted that wanted to help me build my business. Who in American truthfully has time to contact 10 references to find out if they want to pursue any opportunity. I've found most Americans including myself would rather just jump on the ball after talking to those who are going to help them. Talking to 10 different IBO's would greatly slow down their business growth. Every IBO I have worked with has been happy to show me how well they are doing by logging in and showing the amount of money they are actually producing. However, what ever happened to the day of privacy, courtesy and respect for not asking about people's personal financial situations. I dare not to even ask my grandparents about their finances even when I was trying to help them invest, because I know that they along with most of America considers this rude and inappropriate. It seems appaling to me to think that I have to let a person know my current paycheck amount. Also, since every IBO works at a different pace, there is no plausible way to show how every single IBO produced the income they are creating now. This would be like asking the CEO of GE to disclose every step it took him to make it to the top of the GE structure. I doubt he remembers all of the steps it took to get there. Lawsuits against Quixtar can be found through googling legal claims and since every new prospect will most likely have access to the internet, since it's an internet based company, then, if they really feel it necessary, I'm sure they can find the appropriate information to back their questions. I appreciate the FTC trying to protect Americans against bad businesses, but realize that the severe litigations made that I have mentioned above, are not necessary, slow down the growth of all IBO's businesses, and increase the time and cost of doing business. Please do not pass the the above litigations, because by doing so, you will greatly hamper my business and other IBO's Thank You, William McGuire