| Comment Number: | 522418-09560 |
| Received: | 7/14/2006 6:31:14 PM |
| Organization: | |
| Commenter: | Robert Powell |
| State: | SC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an independent business owner for 1 year. During this past year of first time business owership. I have been able to expand my knowledge of the merits of the free enterprise system upon which our country's greatest is based. Upon my registration, I was made aware that this was an opportunity and that to succeed I would have to work hard to achieve success and I tell those people that I sponsor the same thing. I was also told that the monies that I spent to register was fully refundable up to one year after registration. The process that I use to register new people is a three step interview process that normally takes from 3 to 10 days to complete. A mandatory 7 day waiting period would remove the flexiblity that my business requires. This flexiablity is geared to work with the prospects current time schedule. It is my belief that putting a mandatory time limit would put to much pressure on the prospects ablity to start his/hers business quickly and which would add an unnessary expense to the cost of starting this business. This is a business of individual ownership, there are so many different teams that it would be virtually impossible and unpractical to maintain a current list of local business owners. Further more I feel that it would be an invasion of my privacy to disclose to anyone and everyone my business status, my address and phone numbers and my earnings. To disclose to just anyone who expresses only a passing interest in this business this information leaves us all and especially single women vulnerable to predators or con artists.