| Comment Number: | 522418-06672 |
| Received: | 7/7/2006 12:16:40 AM |
| Organization: | EcoQuest International |
| Commenter: | Eric Clough |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
EcoQuest International is the most honorable business opportunity I have come across in my 44 years. Our product line in 1998, when I became a dealer, consisted of air purifiers. I was never asked about becoming a dealer until I tried - and liked - the product. It was never about money. It was always about enjoying a quality product and then becoming a conduit (dealer) for providing those same products to other consumers - and keeping my eyes open for potential dealers. Rather than the disclosures the FTC is proposing, I would prefer giving poetential recruits a statement about personal responsibility. People need to understand that their results, or success, will be in direct proportion to their efforts. That's the way any endeavor works. The FTC's proposal about disclosing legal action doesn't make sense due to the frivolous lawsuit epidemic in this country. How many lawsuits are in the works at any given time against any national business? Why not make them disclose legal action? And the proposal about the closest geographic dealers serving as references doesn't make sense because of the personal responsibility issue. People who expected to get rewards without effort will be disgruntled and badmouth a company when they themselves were the reason for the failure, not the company. As for the 7-day waiting period, that's just plain stupid. That's a longer waiting period than handgun sales! There's no waiting period for purchasing an automobile, is there? And that's usually a 5-year commitment of several hundred dollars per month! Heck, I made an offer on my house on the same day I looked at it. And that's a 30-year commitment! In conslusion, I say again that the best solution is for recruiters to be required to provide some statement about personal responsibility. The three main rules the FTC is proposing are just going to drive us all crazy and be an administrative nightmare - for us and for the FTC.