|Received:||7/9/2006 5:34:32 PM|
|Organization:||Schwartz & Associates|
|Commenter:||Mark B. Schwartz|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My wife an I are independent business owners with Quixtar. We began with the Amway business in 1987. We have achieved some financial success and are making continuous progress toward our long-term goals. It is a great business model... we have learned not only how to be personally and professionaly successful, but in applying the principles taught to us here... we have helped many others to do the same. When we registered we received more than enough information to make an informed decision... we knew it was a sound model, built on work... hard work, study and applying the principles of success that we could optionally sign up for. Most importantly, we were never pressured ...or pressured any others to do anything. We were clearly explained our options and their benefits/ costs and we made our decsions accordingly. All of our prospects are explained all the individual costs of registering and the optional training and their costs/ benefits. A waiting period of 7 days is ludicrous... given the difficulty with arranging multiple schedules. This business is done in off-hours, and with juggling usually 4 work schedules/ family schedules/ etc. All of our prospects are provided detailed information in our introductory meeting(s) before registration... so once they decide they want to go forward, that should be it! The costs are a little less than $150 that includes sample packs ( that are all refundable), insurances, taxes, and one-year of complete Quixtar and our personal support. I've heard of programs that cost thousands and offer none of these. Do not include Quixtar with those phonies. Make others come up to our standards (That is, with a little research you can see all the comments by prominent, world reknowned businesses, business leaders, political leaders, etc). This proposed 7day waiting period is even worse when extended to new business owners who are excited ( and rightfully so) and then they in turn have to wait 7 days for each successive person in depth. That's like inviting a very hungry person to dinner and then telling them, sorry you'll have to wait 7 days before you can come over. The requirement for references is also extremely burdensome on all involved. Why don't you guys get this is a part-time business that is run by families without lawyers, secretaries, human resources, privacy consultants, etc. Our prospects are offered an option to come to business meetings with us to talk to anyone they want to at those meetings ... that should be enough. What is a litigation list. This is a family business run without lawyers. The lawyers at the FTC probably put this one in. This is NOT a $10,000 - $100,000 fee, but a simple, straightforward business. My financial records are between the IRS and me... and are also not an indicator of how well another can do. You guys have really missed it on this one. Free enterprise is part of what underlies the rights to pursue happiness that aour Founding Fathers fought for... In a world bogged down with jobs going overseas ( because, at east in part, because of litigation and burdensome regulations)... it is time for you, the FTC to go after the bad guys... and don't let that ripple into destroying the rest of us. We have a right to the pursuit of happiness, which Quixtar does not promise... but provides the vehicle that with hard work and help from those that went before us... is possible... not guaranteed... but possible. In a hopeless world, don't do another thing to steal that possibility... through this senseless, overbearing regulation.