|Received:||7/13/2006 12:52:48 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO with Quixtar for about 5+ years. I have been gradually increasing the amount of money I am making and as long as I stick to my goals and am productive, my business continues to grow. I am currently trying to attain the level of Platinum. I feel very prod to be a part of the Quixtar organization and I have grown personally as a result of the personal relationships I have made. I feel that all the information given to me at the time of my registration was clear and concise and in no way presented as deceptive. In turn, I always advise anyone that I present this idea to with all the information they need to understand what this business opportunity is and what is expected and needed in order to be successful. I absolutely tell all of my prospects that this is not a 'get rich quick' plan and that hard work and commitment is required. I advise them it grows faster for some than others, and it is determined by the amount of work you put in to it. I advise my prospects that the initial registration fee is $51.50 and that it is refundable if they have second thoughts. However, I don't sign anyone up until they've had a chance to think it over and make sure this is something they want to do. If prospects that are signed up had to wait seven days before registering, I think this would be very hard, as it would create somewhat of a blockage. I don't think there would be any benefit to a seven day waiting period. Quite the contrary, if there was a seven day waiting period and it was at the end of the month, there would be no possibility for the new person to make any money that first month and they would have ot wait another whole month. And then their friends and prospects would also have to wait, and wveryone would be 'waiting'. I think this is a bad thing, as you want to get momentum going quickly. I don't feel it would be appropriate to provide a list of references before registering prospects. They can come and meet the team for themselves. In person is a better way. I read the income potential to the prospect from the Quixtar site upon registering, but I also tell them how much my Up-Line is making and how much successs they have had. I then advise them that not everyone makes that much money and that some people never make any money, based on their own personal efforts. I do not tell my prospects how much money I am making, but I advise them I am having success which is equal to the effort I am putting in. I do share that my life has been greatly impacted since becomiing an IBO and I would not change any of it for a minute. I would not feel good about having to provide prospects with my financial records. I would not give my finaqncial records to anyone. This would be very inappropriate and not professional.