| Comment Number: | 522418-09235 |
| Received: | 7/14/2006 4:52:12 AM |
| Organization: | Quixtar/Britt |
| Commenter: | Paulson forde |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hello, I have read and agree with agenda o the f TC on this matter however based on how we conduct business in Quixtar/Britt Organization this agenda is upheld. I was shown a 2-5yr plan and was told this business was an opportunity, not a guarantee. Everything mentioned checked out on the litrature given and business is done that way 8yrs later(since I got started). My wife and I are looking to make this our fulltime income and endevor since we are now married because of the association with the wonderful folks in this business. We get people started for about $200 explaining the refund policy at that point. Propects usually attend a briefing seminar free of charge where all details are explained to them. They also get to meet the other business owners on the team as well as take home CDs and DVDs to review some of those IBO stories. We then give them approved litrature to review and usually follow-up with them a few days later. Some people are really excited and want to get started right away, which we do after they review the numbers. (I was one such person) My concerns are how would my newest IBOs meet this rule when they are now getting started and may not personally know IBOs to refer prospects to. Also the fact that my prospect may sign up with someone else that I may have provided. It is better done where IBOs share their experiences at the meetings and therefore I don't have to have my name address and phone number given to other peoples prospects. After reviewing this rule with my team and learning that the majority feels the same way, I am in fear that what I spent so many years to build can come to screeching halt. As far as the litigation list goes there may be folks involved that have no connection with me or my prospect. I may now have to use valuable time and energy answering questions about cases which may or may not have had merit to them. We stick with the numbers that are approved for examples. We show checks where applicable however in light of direct deposits I don't feel at all comfortable sharing my bank account print out or tax return which is combined with other incomes. Having an excited person who have reviewed the information and is ready slows down my process and income because helping him get a network levels deeper may take us into the following months and I will not be able to get him/her as profitable fast enough. The litrature show numbers that correspond to a 2-5yr period as oppose to over night. There is no pressure to join and the person is invited to visit team events like education meetings and team picnics if they desire to do so before making a decision. There are facts provided about the company and the partnering companies that have checked out Quixtar before doing joint venture. I understand that probably all in this industry may now build their business around those measures however making things harder across the board may weed out some false ones but offset the good ones like the single moms I am helping in my community and those who have just muster up enough self esteem to even talk to peole about business........Having all these criterias imposed will make a person wonder if its worth the hassel. Also alot would seem like a catch '22' I can't get someone registered unless I provide them with 10 references which I don't have right away since I just got started after waiting 7 days....so I now have to have ten IBOs agree to give me their personal contact info. to give someone. Please consider my humble concerns for my business and business team which is depending on me to lead them to success. Worried Business Owner Paulson forde