|Received:||7/11/2006 1:19:49 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Thank you for this opportunity to comment on the current draft of “Business Opportunity Rule R511993”. We agree that fraudulent schemes prey on prospects that have a mega million lotto mentality and have not been taught entrepreneurship in our public schools. We support the objective of honest, accurate information for everyone considering a business opportunity. We started our business, Hopper Enterprises, in November of 1981 shortly after I was diagnosed with an incurable debilitating disease. I was a medical student and my husband was a public school teacher. One of my classmates helped us start an Amway distributorship and build to a 25% bonus level in 9 months. Our income allowed us to pay off our school and credit card debt, adopt our daughter, leave medicine and be at home to work our business around my illness and family. Now that we are retired baby boomers we couldn’t survive on my SSD of $660/month and his teaching pension after 30 years, without our business income. Our business is now supplied by Quixtar with a new internet business model and our training is still by our sponsor and the World Wide Dream Builder professional development system. CHALLENGES WITH THE CURRENT DRAFT 1. Even though Hopper Enterprises has never been sued we would be required to disclose the last 10 years of litigation involving the Quixtar Corporation. In our litigious society, every big corporation is victimized by frivolous lawsuits no matter how honorable the corporation truly is. Our prospects will not be helped by wading through legal documents. They need to know that we have had a regular supply of guaranteed quality products with clear use instructions and that regular merchandising training is easily available to them. 2. Giving prospects names and contact info for other Quixtar businesses in their area would destroy our business and only confuse our prospects. We are truly independent. All we have in common is source of supply and bonus schedule. I do not know them personally, or what techniques they teach, or how financially successful they may be. They have no incentive to help my people nor do I want to waste my time with people that will not be part of my organization. Our prospects’ success is not dependent on their location because they are not limited to a territory. Our business quickly spread to England and currently receives profit from Canada and Korea as well as many states in the USA. 3. Prospects having to wait 7 days before registering makes as little sense as snail mail to an online business. There should not be any waiting period for opportunities like Quixtar that refund fees if prospects are not satisfied. 4. Income in our business depends on how the business is structured and how much volume of product runs through each part on a monthly and yearly basis. We have always disclosed approved average figures published by Quixtar. 5. It is unreasonable to expect us to disclose personal financial information to prospects. Averages make sense to a new person. Our training includes teaching new business owners how to maximize their profitability at each level.