| Comment Number: | 522418-07623 |
| Received: | 7/11/2006 12:16:15 PM |
| Organization: | sdeprise |
| Commenter: | Chrissy Kulp |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My husband and I have been an IBO with Quixtar since November 2001. In this amount of time, I have been able to quit working 45 hours a week to be home with my teenage children. My next goal is to get my husband home from work. For a 51-year-old mother who has worked full time all her life and had children late in life, the benefit of staying home with my teenagers is immeasurable. My 13-year-old daughter especially needs me now. When I registered, I received more than enough info to make an educated decision. I provide those to whom I share this business similar information, and make sure my prospects understand that the Quixtar business opportunity is not a get rich quick plan, that hard work is required, and that there are no guarantees of success. I do not support the seven day waiting period, at least for our opportunity. My prospects typically spend $132.00 to register, and I personally guarantee that money back if they decide to leave the business within a year, for reasons of failure due to lack of success earned by true effort. I have not yet returned any money. Those in life who don’t work ultimately know they don’t. I do not support the requirement to provide 10 references. Two problems that may be associated with providing a list of local IBOs for my prospects to contact before they decide to register would be violation of privacy: some people don’t want others knowing anything they do!; and the prospect may register with another IBO not in my downline. Many opportunities are provided for free association with current and prospective IBOs, such as Open Meetings, at no cost. This does not even take into account the fact that I have some IBOs registered who are not locally located. I do not support the requirement to disclose past litigation. I have no idea and do not care what actions people take due to their real or perceived problems, unless I can do something about it. I can do nothing about past litigation, but do my utmost to make sure I help those I can. I do not support the requirement to make a different disclosure for every income claim. Not everyone works as slowly as I do, and I would not want to misrepresent what another can do. Averages work fine, and I support averages, in this case. I do not support the requirement to provide prospects with personal financial documents to back up or substantiate any income claim. I understand supply of this information may be required by the FTC and similar state agencies in an agency investigation, but not to people who have no business knowing my personal finances. I can describe the impact my Quixtar business has made on my lifestyle with many examples: 1. great personal growth 2. better relationship with my husband 3. credit cards all paid off and no more ever necessary 4. no more mortgage on the house 5. a great group of similarly minded associates 6. hope for the life of my children that they will not have to spend all their working life with people they do not particularly care to be with, doing something they may not care to do. My 13 year old daughter wants a big house with a library full of books for children who do not have access to them. With the inheritance she will get from us from this business, she will have that, and more.