|Received:||7/11/2006 7:48:32 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I am an Independant business Owner partnered with Quixtar. I have been in business for a little over 2 years. I believe based on my personal goals that Quixtar definitely fits into my long term plans. I got into the business to make money but found it is much more than that. Being able to meet and associate with successful, positive people has truly changed my life. When I was registered I was informed from the beginning that my success depends on me. I teach the same thing when I offer this opportunity to others. I make sure that it is understood that this is not a "get-rich-quick-deal". The minimal cost of $130.00 to register and get sample products was very attractive to me. I offer (as does my line of sponsorship) a 6 month refund on the $45.00 registration cost and will buy back any unused products. I feel this is important to help the prospect understand that I receive $0.00 for registering them. A seven day wait period should not be put into affect because from day one be build belief in the system by helping new IBO's register friends and family. If every time a person had to wait seven days before registering a new person the growth of the business would lag in respect to the excitement of the new IBO. Providing references of local IBO's to new prospectives would take away from my hard work anjd success in this opportunity. It would provide an opportunity for the prospect to sign on with someone else on the list or worse yet, what about my privacy. We provide full disclosure when we show this opportunity. Both in the Businee Plan and in the Busines Perspectus it mentions "average monthly income for "active" IBO's" is. I don't believe that income disclosure is needed. When asked, How much do you make?, my response is (and it's true), I am in a growth spurt and am excited about where I am going to be in 18 months. My current income is based primarily on the amount of work I put into this opportunity. My income is not important, helping you create additional income is what's important. In closing, it comes down to this. I offer an opportunity that takes work. I don't make any money registering people. My success depends on helping others. I offer prospects a second look at the opportunity (from another IBO) before registering them. I believe this important to be accomplished within the first week so we can help them start building their business. Full disclosure up front is important because it builds respect and trust.