| Comment Number: | 522418-09484 |
| Received: | 7/14/2006 4:17:28 PM |
| Organization: | International Connection - Quixtar.com |
| Commenter: | Diana Boyd |
| State: | IL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I encourage any efforts to reduce the number of "fly-by-night deals" that come along, but not to restrict the success of the many legitimate businesses in Direct Marketing. I have been an independent business owner for 23 years. During the last 5, we have concentrated on building our business, where previously we occassionally purchased and sold products to others. I have great concerns of the harm your proposed"Trade Regulation Rule on Business Opportunities" would cause me and my family. I believe the FTC and other regulatory agencies are adequately protecting people from harm in our industry. I am always clear to inform people that the amount of success they have is based on their own effort and accomplishnents and we only guarantee an opportunity. Our products are fairly priced and come with a 100% satisfaction gauarantee which ensures that no one can be financially hurt. Even the cost of our business kit and sample pack of products is less that $150.00 and is totally refundable! This is much better than having someone wait 7 days before they can register and start their own business. We believe the first few days after seeing the business is critical to getting them into action and moving them ahead with the information and the help they need to see their own results. It would be an invasion of privacy to provide a list of 10 IBO's in their area. Since the new person is a free agent, others could persuade the new person to join their organization, which would hinder my business growth. It would also be an invasion of privacy to disclose my personal financial records to my prospects. The financial records of the Quixtar corporation are in the public domain. We provide many opportunities for new people to come and review the Quixtar concept and meet other IBO's. Other IBO's legal conflicts have nothing to do with how we or anyone else conducts our business. Personal integrity and responsibility are at the forefront of business success. In conclusion, the proposed rules would hurt my Independent Business, as well as all others involved with our business model. There should be a level playing field which requires clear, simple and standardized income disclosures that apply to all direct sellers. There should be a reasonable cancellation policy. A 7 day waiting period before registering should NOT be implemented, nor should IBO references be provided to prospects or disclosure of past litigation. Financial records should not be required to be disclosed to prospects. Thank you, Diana Boyd