| Comment Number: | 522418-05998 |
| Received: | 7/4/2006 8:07:17 PM |
| Organization: | |
| Commenter: | Catherine Brown |
| State: | NM |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO for 9 months,and have already achieved goals of making additional income per month.The Quixtar lifestyle is one of honesty,integrity,and the persistence of helping others.The benefits of being an IBO have been more than financial,especially personal growth and development. When I was sponsored, I was given ample information to make my decision, and I do the same for prospects. I let prospects know that the business is not a "get rich quick" plan.that there are no guarantees of success, and that hard work is required. The initial outlay is 121.00 with tax&handling. 100%of all costs are refundable. A 7-day waiting period benefits no-one and would adversely affect my business profit.If my registered IBO has to wait 7 days before registering their friends and family, it will ultimately hamper their ability to earn income with their business. It is possible to inform prospects of the business options and their rights and benefits without waiting 7 days or disclosing others' private information. That disclosure is a breach of privacy and does nothing to prove the veracity of the sponsor. The shady businesses that we all want exposed will not comply with this regulation anyway,and to insist that legal,responsible IBO's do so is to construct an unnecessary obstacle to growth. The requirement to require references is, to me, a violation of privacy. That said, the prospective IBOs have a unique opportunity to meet other IBOs in our business through bi-weekly classes (free), previews, and seminars....thus furthering their opportunity to research the Quixtar possibilties, and to draw their own conclusion,free of pressure. The requirement to provide a "litigation list" is open to filed cases without merit, further skewing the business' legitimate opportunities for financial and personal growth. I do not believe that the specific earnings disclosure would be beneficial to prospects, because, as has been explained, the income potential is relative to the amount of work applied, as is explained in our initial dealings with prospective business owners. A provision for financial substantiation is not needed, because the success for each prospect is based upon their individual work ethic and discipline, as is always explained in the prospects' interview. There is, at no time, a promise given that, for no work,they will receive reward or recompense. In closing, I would like to say that that this business opportunity,through a great company like Quixtar, has brought personal growth, relationship-building advice, and motivational life-skills training that I find invaluable. Please, do not let the unscrupulous practices of fringe businesses out there to prohibit and obstruct the legitimate, honest , and forthcoming companies like Quixtar to continue to provide an opportuinty for individuals to acquire their own business and personal development, if they so desire. Sincerely, Catherine Brown,R.N.