| Comment Number: | 522418-06470 |
| Received: | 7/6/2006 12:42:51 PM |
| Organization: | Ming International, Inc |
| Commenter: | Plemon Ming |
| State: | MS |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an Independent Business Owner (IBO) for over 27 years. The Quixtar opportunity has changed my life for the better in many ways. I have become a better husband, father and person in general because of the education from this system that I chose to take advantage of. When I registered I received enough information to make an informed decision and have found the business to be far better than I believed it would be. I provide prospects with adequate information so they can make an informed decision also. They are told they will have to work hard, consistantly, to succeed financially. This is not get rich quick. New IBO's only have to invest just under $50 to $185 depending on the products they want to purchase to start their business and if they are not satisfied they can get a complete return on all of their investment. My business would be damaged severely by prospects having to wait 7 days to register. The longer you wait after having a clear presentation of an idea, the more negative thoughts you will have. If each new IBO's prospects have to wait 7 days they will not be able to build a business. I do not try to get anyone to do this business. I find out if they are willing to learn and have a reason to do this and offer the opportunity. They then decide if they want to be an IBO or customer. If they don't want either, they can be my friend. If I were required to provide a list of local IBO's to a prospect before they could register, they may know someone on the list that they would register under. If other IBO's are required to give my name, address and phone number, that violates my privacy. If I am required to provide a Litigation List, that would cause me to have to spend a large amount of time and money to comply with something that would serve no good purpose to the prospect. I provide a written statement of average monthly gross income to prospects now. If I have the burden of having to make a seperate disclosure for every example I use in explaining the income potential of a Quixtar business to a prospect it would be almost impossible and could not help the prospect make a better decision. I feel to have to offer my personal financial records necessary to substantiate my Quixtar income would be inappropriate and a further invasion of my privacy. Please do not restrict our ability to help other people improve their lives by unneccessary rules. Sincerely, Plemon Ming