Comment Number: 522418-07777
Received: 7/11/2006 5:28:08 PM
Organization: Worldwide Dreambuilders
Commenter: Joseph Lancor
State: TX
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

My wife and I have had a very good experience with Quixtar and have built the business to a very successsful level that will allow us to retire by the end of the year. Not only has the growing income been welcome as it will allow us to reach our dreams and goals, but the mentoring that has been provided along with the business aspect has helped our personal growth in ways too numerous to list. We were impressed from the start with the information available to us to make a decision about the business and strive to provide others with the same high quality of information. We understand that it is a business that requires time and effort to build and that growth is dependent upon action. There are no guarantees of course, but the incredible mentoring system we were able to plug into has made all the difference. All the products have a money-back guarantee for 180 days after the initial purchase so people feel quite comfortable buying products from the business. We always ask a prospect to check out the business, but 7 days would be difficult for people who want to get going and want to start building their business. I do not believe there is any benefit to a 7 day waiting period. If people are truly interested, they can check it out pretty quickly with the resources available to them. The 7 day waiting period would affect the profitability slowing down the natural growth of the business. We spend a goodly amount of time with each person who registers in the business to show them how the business works and describe how to build a Quixtar business tailored to their interest level. And they can always get their initial registration fee of $50.00 back should they decide the business is not for them. I would be very uncomfortable providing a list of other IBO's in the area for a new prospect because I don't know the integrity of other unknown IBO's. There is always the risk of that prospect registering with someone else. I want to build my business, not someone else's. My husband is an Architect, he does not send a potential client out to meet with other Architects before making their decision. That is not realistic in the business world!! Additionally, I don't want to have to deal with someone else's prospect. They've worked hard to help that prospect and they should be able to deal with them. I have a busy schedule, I don't need additional people calling me for information that would be signing up with someone else!! Besides, when we have business presentations at our house, prospects are able to meet other IBO's in our group that build the business along the same lines we do. As far as listing litigation, why do we want to list litigation that may be frivolous and have no bearing as to how we in our line of sponsorship build our business. We always show prospects the SA4400, which outlines the potential income available from building a Quixtar business. It is a standardized form, which has been approved by the Quixtar legal staff and works within the guidelines of the FTC. Having to provide additional details gets onorous and we may not want people to know our income level.. We certainly don't publish our substantial income from our Archtitectual business. Why would I divulge my specific income to someone I don't know well for fear he may want to visit my house late one night and decide he wants something we have. We let people know the level we have achieved in the business and that gives them a general idea of the income we generate. We explain the positive benefits the Quixtar business has had in our life. Afterall, this business is allowing us to retire, which wouldn't have been possible otherwise. We are achieving our dreams and goals and want to be able to give away that opportunity to others who want more out of life and more choice to live their life.