|Received:||7/12/2006 7:56:30 PM|
|Organization:||Quixtar Independant Business Owner|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been affliated with Quixtar since it's beginning in 1999. I have been able to replace my income from my job by building my Quixtar business, so I will have more time with my 2 girls. The other benefits are the positive people I can associate with, the product education I learn, and being able to set my own schedule. When I was registered I was given a copy of the Quixtar Independant Business Ownership (IBO) plan SA4400. I was told that it takes work, effort, and time to build my business. I was told the first month I could make about $6 and the income was based on moving products or how much volume I moved. I knew it was not a get rich quick business, but long term it could produce whatever income goals I wanted to work for. I share the same infomration with IBOs that I register. Also, all the products in our registration pack were 100% money back guarantee, and the investment to get started is minimal, less than $380.00, which included a product pack full of Quixtar exclusive brands I could use or sale. If the requirement for a 7 day waiting period for new IBOs to register occurred, it would bring my business to a halt. When someone gets started they are excited to share the opportunity with others and do not want to wait. They want to order products right away to use or sale. The proposed waiting period would stop the new IBOs from building their business and creating volume to earn more income, too. That would effect my income as well in a negative way. It would be detrimental to give my prospects other IBO references, because there is a risk that one of my prospects may register with them. This would not be right, if I did all the work explaining the plan and then someone else registered the new IBO. I do not mind giving a prospect my name and phone number, but I meet so many people that I do not give my full address. If I did, I might put myself and my girls at risk. I am careful today who I give my address too. A new IBO can hear about others experiences on CDs I provide them to listen to, and they can meet other IBOs at our Introductory Seminars, Product Education sessions and trainings. There is plenty of opportunity for them to meet other IBOs. These proposed requirments regarding litigation lists, specific earnings disclosures, and personal financial information, is not appropriate. Personal incomes are private and IBOs should not be required to give prospects that information. I tell them what I did for a job and that I replaced my job income, but to give a prospect my financial records would not be right and is not any of their business. These proposed requirments would destory my business and cause a hardship on my family. All the hard work and time put into building my business would be lost. Just because a few IBOs do not follow good business practices, does not mean that the rest of us that do follow honest good business practices should be restricted or required to do the things you are proposing. Please reconsider your proposed requirements.