|Received:||7/9/2006 7:51:37 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Hi, I'm Shane and I've been An IBO for roughly 3 yrs.. This oppertunity that I've embarked upon with my girlfriend has been a blessing to us both as a couple, as parents, employees, sons, daughters, brothers, sisters, basically every aspect of our lives. We have not been as organized or consistant with our business as we should be and still we receive a check every month. This QUIXTAR business is all about giving back hope and dignity into others' lives and helping them, as well as ourselves, be the best we can possibly be and being as profitable as we can be at the same time. We as IBOs, never receive any portion of prospects' original registration money of $350 and therefore we aren't here to "get" there money. The QUIXTAR Corporation divides and compensates us for our purchases fairly and accordingly. Our goal is to help New IBOs become profitable. All Prospects are given information about the effort that they will have to put in and that this is not a "get rich quick scheme". They are also told about the advantages of having buying power (compensation chart) and having leverage through the compounding efforts of other people as well as their own. The bottom of the brochure in which we hand prospects to go over the proposed buisiness with, clearly says at the bottom of the business building page "average income for active IBOs is $115". Success is clearly up to us as individuals and we all know this from the beginning. I believe the above statements address the issue of a 7 day waiting period. What for, we have and give all the information necessary to make a qualified decision right from the start. Lastly, new IBOs can always get there money back if they decide they want out in the first 6 months. I believe this rule would harm IBOs and prospects alike rather than help, like I'm sure you're trying to do. To address the proposed rule about references, now that is just a nutty idea from the beginning. The last thing I want or need is strangers calling me for a reference. I have enough calls to take within my own organization. Does it make sense to ask for references from your hair dresser before you get a hair cut? I don't see the reasoning behind it, myself! As far as the rule about providing prospects with financial documentation about our personal finances is an unnecessary invation of our privacy. If The IRS or other legal issue came up, I agree it should be able to be produced. I just don't feel like its relevant to the prospect because what I make doesn't have anything to do with how much the prospect can or will make. I'm convinced I earn more a month than my direct sponsor and know for a fact that a personal sponsor of ours has made more than us a time or two. So what does revealing our personal finances accomplish. To address the issue of the requirement to provide a "litigation list", once again why and who? I've been told Walmart has a new lawsuit filed against them every 2 hours. Should they be plastering the store front with copies of their lawsuits, legit and fraudulant? How about every other "seller" of goods, should they be required to do the same? Pretty soon, I think we as consumers would lose the reason "why" we were there in the first place. In closing, I just want to say we're blessed to live in this country where we have options. I choose to build my business and feel passonate about the rewards and value that the direct selling business oppertunity brings for so many. Prior to starting this business adventure and still today, I have been working for a company in which they distribute through MLM dealers and have been stuck in the employment rut for all my life. I did however see the success that these dealers were having at it and knew I was not able to be a dealer for them without terminating my employment with them first and quite honestly I like and respect my employer, I just want to be in the position to be able to decide whether I want to work for someone else or not.