| Comment Number: | 522418-07201 |
| Received: | 7/9/2006 9:43:31 PM |
| Organization: | Quixtar |
| Commenter: | Gary Feldman |
| State: | NH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been with this business model since April, 1980. I'm not rich financially yet, but I've learned more about honest and legitimate business practices here than my years in college. My biggest challenge has been that this opportunity has been "lumped in" with the thousands of illegitimate pretenders through the years. I'm glad that this is being addressed by you, but I'm concerned about some of the restrictions involved in your proposal. We've always had great credibility with the Better Business Bureaus, and Chambers of Commerce (locally and nationally). I wish to address some points of your proposal: I always do (and have been taught) to give many ma-terials to prospects to check out, and to give them names & numbers of people and places where they can get more info so they can make informed decisions AT NO COST TO THEM. Concerning giving lists of other IBOs in the area: many prospects may sign up with someone else after I spent my time & resources to help them personally. Aside from hurting my business, it would eventually duplicate and hurt the new person's business as well. That's NOT Free Enterprise-that's someone trying to benefit on the back of someone else's effort.Concerning my personal income: I was always taught that it's improper to ask someone how much they make. That lesson is still valid to me. Furthermore, my income has NO bearing on how much any IBO I register can or will make-that's up to them, which is one of the important points of Quixtar's marketing concept and differentiates it from the illegal pyramids. I don't get paid to register someone-I only get paid when I help THEM get success (I have people in my own downline that make more than me!). I always have examples of people I can point(& introduce) a prospect to that has the level of success they may be looking for. No promises, just examples, and all the help they need to achieve it. One more point: I honestly fear the "7 day wait " provision. First of all, it sounds like a rule they tried to impose upon us in China(enough said about that). Secondly, people can get their money back without having to "jump through hoops" to do so. I've never had ANY problem getting my money back for something I was ever unsatisfied with (for over 26 years now!) And, I can hardly put a price on the help and friendship I've received over the years from my mentors and associates. I respectfully ( but strongly) suggest that you put aside any pre-conceived notions some in your department may have about Quixtar (or about business in general), and fully investigate us (from factual sources and records). I trust you'll find why this business model, when left to the people of integrity that run it, has been so successful and prosperous for so many decades. Thanks so much for your indulgence! Gary Feldman.