Comment Number: 522418-07480
Received: 7/10/2006 11:14:13 PM
Organization:
Commenter: Logan Barrett
State: KY
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I applaud the goal of eliminating scams and fraudulent businesses. However, I do not think it is necessary to inhibit legitimate entrepeneurs in the process. Let us not let noble intentions do more harm than good. Anyone can bring a lawsuit at any time against anyone. Should a business have to disclose attacks against them, especially those without merit? As a business owner, a seven-day waiting period would only slow me down. Are we suggesting that paying $200 for a home-based business is a more important decision than buying a gun or having an abortion? Do we believe that people are simply too stupid to make intelligent decisions? Maybe there should be a seven day waiting period before purchasing a car. Or, maybe we should try to protect people without taking away their freedoms. I always encourage my prospects to get credible information and meet the people with whom they would be working when making a decision. Requiring me to give lists of others who may or may not have my best interests at heart would not help in any way, only hurt. I already give information produced by Quixtar to any prospect. I think more people could be helped by making sure that company produced materials make real claims, not by putting extra burdens on those in the field. Prospects would be better served to check with legitimate organizations such as the Better Business Bureau, Direct Selling Assoc., etc. than being required to wait several days and talk to someone who will not be helping them. When sponsoring someone, I make a commitment to helping them succeed. There is no incentive for me to try to talk them into my business. Business like Quixtar should be used as examples of what a good business is. We should not be punished along with others.