|Received:||7/10/2006 10:05:30 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Thank You for the opportunity to comment. Proposal Problem 1 is the seven day waiting period. I really think if you consider the way we develop our partner base in these business models there are far more than seven days involved with the prospect. I myself looked and investigated for 60 days. When I was ready I would not want to have waited another 7 days. Seems useless to me. Proposal Problem 2 is a requirement to list references. We have a team of people already involved with our prospects and they are introduced in every possible way, however I have a new area and have just my son there, how could I list 10 references if I am just starting at Team 1? If I knew of any other Quixtar IBO's in that area they would not be in my upline therefore that would create a huge conflict of interest. Proposal Problem 3, What a pandoras box. This is no better than accusing an innocent person of doing a crime, but everyone knows there must be something wrong with them so stay away. In reality the dishonest will still be dishonestly not reporting this anyway. Quixtar stands on its own merit, I can find good and bad in everyone person in any organization, that does not mean the entire organization is bad. Eliminate the requirements to disclose the past litigation. It has no bearing on my personal business. I also own a Sears Dealer Store, I was required to write my own proforma for this business. Sears in no way could influence my numbers nor could they guarantee my personal performance. Quixtar is no different, I have some people that have been working class and do not understand business to the degree that they can be as sucsessful as me in Sears, so how would I create any accurate disclosure of income? It is all over the board depending each individual's maturity and experience. It is a work in progress just like all of us. The only true measure is to publish as we already do the average monthly gross income for active IBO's. When I started it was $88.00. now it exceeds $100.00. We all know averages are Highs and lows. Problem 5 there are business models that show if and what you can make already in place, the action is not controllable. Maybe we could legislate that step I would like more of my partners to be more active. Sorry I needed to smile. The age old question in any business is how much can I make. The real question should always be how much can I earn and how well will I produce. Of course if I am making a claim that I personally made X then I could prove that. I just do not believe it is anyones business what I make. I will disclose it the Federal and State Governments when needed at tax time.