Comment Number: 522418-09146
Received: 7/13/2006 11:55:01 PM
Organization: Hines Market Developers
Commenter: Ron Hines
State: TN
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I have been an IBO in the Quixtar/Amway network for over 10 years. During that time my family's lifestyle has improved due to the association with Quixtar the company and the organization to which I belong. I have always been kept informed of my options to improve my business while retaining the decision making authority. My sponsor is also my physician and therefore we have an honest and trusted relationship. I make every effort to develop that relationship with all my prospects. As a professional business consultant outside of the Quixtar network, I must count on my reputation to be successful. I can not imagine misleading a prospect about money or effort required to be successful with Quixtar. While the 7 day waiting period may keep unscrupulous operators from fleecing someone, I don't see why it would be necessary for the legitimate business owner. I usually take longer than that to educate a prospect before they become involved. During this time I introduce a prospect to my sponsor and others within their organization. I personally work hard to make sure that the prospect's decision is a long term one. There is no get rich quick scheme in this great land of ours. The issue of providing a list of litigations involving the corporation or individuals is irrelevant. Anyone in America can sue any business or person whether it is justified or not. A list of litigation would only be appropriate if it was based on resolved cases and not just filings. Such a list should be provided by a third party that was bound disclose the legal rulings. The issue of providing personal financial records is outside of the scope of private business. What my business generates is of no concern of anyone other than myself and the IRS. Private business means just that. I don't care what my sponsor makes because I can tell by their actions if they are the success that I want to emulate. Inclosing, my experience as a Quixtar Independent Business Owner has been very satisfying and profitable. My personal and family goals have been expanded by the association with the organization. As we have success, we work hard to lead others to the same success strategy. We show them the way and they choose to accept or not accept the effort and cost of doing business. If I misrepresent the cost or effort, their success and ultimately mine will be short term at best. As a business owner, I know that is not the way to succeed. I suggest that the FTC apply the laws and rules that we have currently without making more. We present an opportunity not a guarantee. As Ben Franklin is credited with saying, "opportunity often appears at the door dressed in work clothes." Go after the crooks and leave the hard working business owner alone. The Quixtar company is making constant effort to be the best legitimate home based business in America. Maybe the FTC should compare others to Quixtar's standards. Sincerely, Ron Hines