|Received:||7/7/2006 12:39:59 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I started as a Quixtar IBO as a continuation of a Amway Distributor. When I saw the business plan it was explained to me that the income represents an extimated amount and that what I make depends on what I do. There was a SA 4400 to explain the money and the business. During my years as an IBO I have sponsered people the night of the plan and weeks later. Those who decided to quit were able to get their money back for the registration and products. The FTC already has guidelines that we must follow and through the years Amway and Quixtar has inforced these rules and regulations. The seven day waiting period will not stop people from signing up and then complaining that they were not informed. WE provide information the first night, SA 4400 and other information explaining that the average IBO makes $115 / mo. and that some of the IBO's do nothing. The 7 day delay will slow down a new IBO and cost extra money to operate his business. As a doctor I am appalled at the idea of providing 10 references. Do you require a heart surgeon to provide 10 references to a patient before surgery? Do you require him to provided a list of his pending / past law suits. There is no other business that requires this. UNLESS THIS IS THE FTC'S START TO HAVE ALL BUSINESS LIST THEIR LAW SUITS. In the Quixtar Business PLan we explain the income and in the first night pack there is a SA4400 for the prospective person to review. AS A DOCTOR I DO NOT DISCLOSE HOW MUCH I MAKE AS A DOCTOR, so why do you want me to tell the prospects how much I make. It does not matter how much I make it matters how much they can make. If I make $1,000 / mo and they do nothing does my income effect them. If I make $10 per month and they make $100 / month how does what make effect them? It doesn't. It is what they do with the business plan that matters. In Quixtar we have the ability to report to Quixtar any problems we see and they investigate it. If there is a violation of the rules and regulations the IBO membership is informed and if they do not correct the problem they are terminated. My question is, does the FTC plan to apply these proposed rules and regulations to Univeristies, Colleges, Schools who advertise that when you graduate you get a job making thousands of dollars a month? in reality they find out that there are limited jobs so only a few make it. I have discovered that Quixtar and the IBO's who promote the business plan and WHO ARE SUCCDSSFUL are the ones who are honest and ethical and follow the reules and regualtions of Quixtar and the FTC. The ones who don't are gone and move on to other things. This is the greatest business in the world. We work with people no matter who the are, race, sex age. Problem is we work with people and until they register and start building a business we cannot tell what type of IBO they will be. A seven day waiting period won't help with that. Listing law suits won't help with that. Telling them how much money I make won't help. What will control problems is a company like Quixtar who teaches it's IBO's to be honest and ethical and then enforce violators. Please do not make general rules and regulations that effect honest business people. Go after each company individually and stop those who are causing problems. Be like a surgeon, cut out the diseased part. Don't kill the patient to kill the disease.