|Received:||7/6/2006 4:37:18 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I've been an Independent Business Owner (IBO) for 4 years. I've been able to meet certain goals while doing this business along side my family and other activities. Its a flexible business that I couldn't do if I had to start from the ground up with a brick and mortar store and continue to work my job and take care of my family. Quixtar's start up cost are cheap, for me, under $50.00, their products have a money back guarantee. I've returned a couple of products and Quixtar has always refunded, no questions asked. To start a brand new business from the ground up, from research & development to manufacturing & marketing the product and services, it can cost thousands of dollars, which is way more than what the average person has to spend. Quixtar continually holds business events to help IBOs learn what it takes to be a leader. New IBOs, we are their mentors, we guide them to help them accomplish whatever their goals are. Not what our goals are. The trusted friendship that I have built with new IBOs is a benefit that is better than the income. When my husband & I registered as an IBO four years ago. We received the information from the top leaders in Quixtar by attending an "open meeting" that my sponsor had us attend prior to signing up. Our sponsor wanted to ensure that we made an informed decision about the company, ranking in the ecommerce world, infrastructure and their rules and regulations to maintain the company's business integrity. All paperwork and books were received for us to review prior to signing the applications. We were impressed and we continue to duplicate what our sponsor did. We have permanent scheduled open meetings, ie, 3rd Thursday of every month, so our leaders are there to complete a Powerpoint presentation on what Quixtar is all about and what it takes to earn an income in this business. We never have an individual sign up the first time they see it by us and we explain this to them. We feel if they are really interested, they will attend the open meeting. We want to make sure all questions are answered and new people joining Quixtar understands this is not a quick way to get rich, it requires their time with a lot of hard work. There is no guarantees of success, however, we do provide books, CDs and DVDs as well as monthly business development seminars to show our down line that what they believe, they can achieve by working their business every day. One of your requirements is for a person to wait 7 days before registering, which affects their enthusiasm to get a start on the business with their friends and family since their friends & family also wait 7 days. Time to track prospects and follow up time to call each person, today is the day you can sign up, will cost the IBOs time and money, not the company. The company depends on us to find the interested people that truly want more in life. The requirement to provide references, there is two issues to this, #1-under HIPAA privacy guidelines, to give a list of IBO names, addresses and phone numbers without their permission is a violation of privacy. #2-It would not be fair if I took a prospect to an open meeting to meet our leaders, while they are waiting 7 days and meeting other IBOs, another IBO has the opportunity to say come join my team. A brand new IBO has the opportunity to meet other IBOs at the business development functions. They don't need my references. Requirement to provide a litigation list involving the seller, key personnel and representatives, this proposal lacks an adequate explanation of what a seller is. One leads by example, I have never had any litigation issues while being an IBO. We maintain Quixtar's business integrity of moral principles, beliefs and values as an IBO. Requirement to provide specific earnings and financial info, an invasion of privacy under HIPAA guidelines. I use Quixtar's pamphlet, SA4400. The best representation is the positive impact of the what we do with the extra income earned.