| Comment Number: | 522418-06027 |
| Received: | 7/4/2006 11:19:48 PM |
| Organization: | Quixtar |
| Commenter: | David DeCamp |
| State: | RI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My wife and I have been Independent Business Owners for two years and three months. Our lives have been dramatically affected in a positive way. When we first started I had four jobs and we never saw each other. Through this opportunity we have been given the chance to be together much more often and to lead the lives that we have wanted. I have given up a couple of jobs by increasing our income to between 300 to 400 dollars per month. When we looked at this opportunity we were given more than enough information to make the decisions that we needed to make. It took us a month to finally register but it was our decision and our timing. When we register someone we give them all of the dollar amounts for the various tools that will be needed. We go into full detail on why the tools are important and also let them know that everything that we are discussing is totally optional. But so is success! In every event that we have ever attended it has always been stated quite clearly that this business opportunity is not a get rich quick program and it is what each individual makes of it. Quite frankly people want something for nothing and when they register with us and find out work is involved they sometimes quit and then blame the business for not working. When in fact it is them that doesn't work. During a registration meeting we go over the reasons that the person(s) wants to register with our team. We then go over the costs associated with registration. Both one time costs and the ongoing monthly costs. A person can be registered for under $50.00. By putting all of these types of businesses in the same category we feel is a great injustice. I have sponsored people in my business that have been in other MLM's and have nothing but great things to say about this opportunity and the people that they are getting to associate with. If people are going to exploit people then they are going to do it. The honest ones will remain honest and the scam artists will remain the scam artists. I have fully read your proposal and most of it does not apply to our specific industry and what we are doing. But when the new regulations are levied we will all suffer, even the honest businesses. By putting us all in the same category it puts the honest businesses in with crooked businesses.This type of regulation will not stop the people that are doing wrong to others but will dramatically hinder those honest people that are finally making a life for themselves. We understand and aplaude the efforts being made to get rid of the bad apples and clean this industy up. We would like to see it cleaned up. The good opportunities are being lumped with the bad. This needs to be specific and targeted to those that are doing the injustice. Not imposed on those that are doing the right thing. There are currently regulations in place but are not being enforced to their full extent. We believe that if these were enforced with greater effort there would not be a need to apply more restrictive methods.