| Comment Number: | 522418-07114 |
| Received: | 7/9/2006 1:21:09 PM |
| Organization: | M&M Enterprises |
| Commenter: | Michael Bradley |
| State: | OR |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been a quixtar IBO for a little over two years. I have met many personal goals since starting my own internet business powered by quixtar. I have paid off a lot of my debt, learned how to have better relatioships with my wife and children, and many other things.My next goal is to become totally debt free throught the quixtar business model. Quixtar fits right around my busy lifestyle. (a wife and 4 kids) There are so many benenefits to this business than the money. Gaining more self confidence, higher self esteem, meeting positive people and developing lifetime friendships with them. Learning how to become better at anything you do. My wife recently started a daycare business. She told me she would have never been able to do it without the support and knowedge that we have access to through our business support team. I recently got a big promotion in my industry which I would have never been prepared for without the education that I received through the business. The evening that I registered, I received all the information that I needed to register. There was no pressure from anyone for me to get started. I always do the same for the people that I talk to about the business. The people I talk to are informed that this is not a legal business which will require hard work, effort and because it is a business there is no quarantee of sucess. It is not get rich quick. I tell them this up front. My prospects tend to register for $51.50 which is a basic registration. This fee is refundable to the prospect if they choose to get out of the business. The business is about building teams of people and helping people getting started when they are ready so they can start their teams gets them moving in the direction necessary to start making income. Prospects could benefit from a waiting period. More time to gather accurate information, attend a meeting, ask questions. When I register someone in the business, I provide them with income disclosure infromation directly and direct them to the quixtar site for more disclosures. If after registering they want their money back, contacting the corporation will get them their money back. I rececntly had a couple that reigstered for $322.00. The next month they had to move to another state and decided they wanted out. They returned all the product and unreigstered and received a full refund minus shipping. I would not be comfortable providing names, phone numbers, and adresses of ibos in my area. The reason for this is that not all ibos build their business with the same strucure or positive attitude. It is also possable that they could register with one of these contacts rather than myself. This would be unfair as I was the one who put in the work to get the business in front of them. I feel that it would be a violation of my privacy if my information would have to be provided to other ibos that are not affilated directly with me. I always allow prospects to meet other ibos so they can get the best picture of how the business is helping them. For example, I have a meeting at my house every monday night. I showed the business to somebody on Friday. I then had him come to the meetng on Monday night so he could meet more people besides me that are in the business. This country has many lawsuits that have no merit to them. We should not have to provide the information on all the lawsuits because it justs causes confusion because most of them are not accurate. I always share a sa-4400 with IBOS. I do not feel it would be right to provide income disclosure for myself to new prospects. Income alone cannot help to explain the full value of the quixtar business to a prospect. The Quixtar business has changed my life in a positve way in very many areas. Finances-----paying off debt at a fast rate, investng money, and making better desicions with my money. Relationships-----Made great friends and have better relationships with my family/friends. I love it.