| Comment Number: | 522418-08322 |
| Received: | 7/12/2006 4:07:43 PM |
| Organization: | Quixtar |
| Commenter: | John LaCroix |
| State: | KY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The folllowing is in regard to various requirements hwihch the FTC is considering putting on the company nad its distributors. I would like to address how my business would be affected. I have not been with the company but 4 months. i am cerrttain that this would slow down my ability to grow as a distributor. People would wonder why the new regulations were put in affect. As for lifestyle, I have addresed how this can have a positive effect through creation of a substantial income. I ALSO EXPLPAIN TO AND EMPHASIZE THAT A NORMAL TIME PERIOD FOR THIS TO HAPPEN IS 2-5 YEARS IF SOMEONE HAS GIVEN 10 HOURS PER WEEK TO THEIR DISTRIBUTORSHIP. In other words commitments are made by both parties concerned. The prospects that I have talked with usual;ly would spend $51.50 as a registration fee. In addition to this there are two kits that are suggested. These kits contain very marketable items which can help distributors as far as consistency of month to month business. Three are no guarantees in this business and I do not use the word "guarantee" or anything similar. Instead I suggest that they focus on making money to pay one or more bills or for to have an amount coming in which could replace their income. To me it seems that a seven day waiting period does NOTHING to address the real issues. The real issue is what is the potential return to the new distributor and how does that return function. As a distributor I make it a point to emphasize how the potential return is broken down when there is a large organization. I believe that the greatest weakness of this proposal is that it makes a presupposition that all IBOs have contracts with identical companies. What is needed is for the potential new distributor to understand two things; the first is the average time span to replace his/her income, the other is a detailed description of how monies are distributed when dealing with large groups. I make it a point to give potential distributors an accurate description of these two items. Thank you, John P. LaCroix