| Comment Number: | 522418-06483 |
| Received: | 7/6/2006 1:27:34 PM |
| Organization: | Quixtar Corporation |
| Commenter: | Tad Christenson |
| State: | IA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear FTC, I would like to express my gratitude for you trying to better legitimize the home based business market. I dream of the day that citizens can look at business opportunities and not worry about the phrase pyramid scheme or scam. However I am writing in opposition to this proposed rule. So I will be brief in explaining why: - The team of business owners that introduced me to this business gave me all the information I needed to make a quality decision, as did the Quixtar Corporation's website. - I have been a Quixtar IBO for about 16 months now, and have begun to put together an organization of my own. The first thing I was told before getting started was that the business is very simple, but by no means will it be easy. The growth will depend on me. Therefore the same standard has been passed on to everyone in my downline. The usual start up is right around $150 to $160, (which we promote $180 to prospects), our business standard is to under promise and over deliver, not over promise and under deliver. We like people being excited about having a business for such a small start up cost with the income potential our business has, with the applied effort. **- This business, and the people involved have led me to a much better and abundant life of value, friendships, hope, moral standards, charity, pride of country, pride of our service men and woman, love and support for family, and the dream and availability of free enterprise. I credit that all to my involvement with the Quixtar business. - The 7 Day Grace Period and Litigation Disclosure: When a person is looking at our business, we always provide a literature pack to look through that includes company facts, averages, a QandA section, a DVD, and the marketing plan. We walk them through a tour of the website, showing them the virtual office and many other tools provided with our IBO registration. They get to see prices, and ask questions that they have that we the IBO's perhaps have not answered already. They are given the knowledge that our business is also BBB complient. With the proposed rule of having a seven day grace period, and a list of litigations on the Company - I think that does nothing but hurt us. I feel that is about as useful as a Scare Tactic. I don't want to have to make somebody look at every thing that could possibly go wrong if involved (How Negative!). If that is the case, then why doesn't the insurance company have to tell you about every case in which someone had insurance and ended up not getting covered under a financially and even physically tragic event. That would also mean that the person getting started would have to do the exact same thing for their prospects! From my experience, I think that would scare people. That would slow down the growth of a business by months, and over the long term view, decades! This is a start up business, and I don't want someone to have to pain through getting to the point of being profitable because there are ugly and negative things that people have said about our company - and they have to share that with everyone before they can get started, and then, they have to sit and stew on that information for seven days on top of that. - Disclosure of local IBO's and their Incomes: I am absolutely against this, if someone would like to meet the local people involved - go to a meeting. I believe this is an invasion of personal and financial privacy. Also, what if the business is new to an area? How is an IBO supposed to supply names and addresses in a market that is not active yet? - I see no reason that I should have to disclose my income. That is private to me. Unless that is a rule for every other business in America who is bringing on sales personel, or that involves recruiting, then to be completely fair, I should not be forced to either. I have a business just the same as anyone else, and I strongly wish to not be discriminated against! Thanks, Tad Christenson - IBO