| Comment Number: | 522418-09276 |
| Received: | 7/14/2006 9:56:17 AM |
| Organization: | |
| Commenter: | Cynthia Brickey |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been associated with QUIXTAR since its launch in September 1999. As a QUIXTAR Independent Business Owner (IBO), my goal initially was to become associated with individuals who have good moral and ethical standards; that goal continues to be met. I have met people who are willing to give unselfishly of their time to help me build me business. This is certainly different from my experience in the business environnment in which I was employed. Prior to registering as an IBO, I met individuals who were associated with AMWAY for many years; I also enough received sufficient material in order to allow me to make a decision without being pressured, and also was made aware that the purpose of being associated with the business was not to "get rich quick". Finally before registering, I attended "Business" offerings by other organizations. I was sorely disappointed by the information I'd receive. In addition, I noticed many of the organizations offered various levels at which one could purchase at entry. My decision to become associated with QUIXTAR was the fact that the same registration fee was charged for all people, and the product pack is optional. Individuals are able to immediately purchase items and begin to build their business without waiting. IBOs and Customers are especially pleased and impressed by the security and recordkeeping system, and the fact that IBOs can get back money if they decide to leave the business. Requiring references is not necessary because of the type of character of most IBOs, especially the individuals who may be in one's direct line of sponsorship. Currently there are means of identifying and disciplining those found to be unethical. I don't believe an IBO should be required to provide proof of business-related income. If QUIXTAR were listed on the stock market, a prospective would be required, but this is not the case. It also would impact an IBOs ability to build a business. Currently, sharing the SA-4400 and other business information should be sufficient. Finally, since AMWAY has a long track record, and has products that many people are familiar with, putting new business rules in place would negatively impact both on AMWAY, QUIXTAR, and other existing legitimate businesses.