Comment Number: 522418-09827
Received: 7/15/2006 10:54:30 AM
Organization: Quixtar
Commenter: Scott Watson
State: NC
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I have been an IBO for 6 years. I am using the Quixtar business to supplement my career. Part of my goals as an IBO is to offer help and support to other people who may not be totally satisfied with their financial station in life. I am a college graduate, I've held the same job for over ten years. I see the Quixtar Business as a tool to help myself and other people attempt to achieve personal growth and development and achieve financial goals as well. When I was introduced to the Business Plan I was given printed materials, auido materials, and access to the company website to obtain information. I feel I was given more than adequate access to both positive and negative information. Now that I'm part to the building process, I want all of my prospects to understand that building anything worthwhile takes time and effort and energy. We have many options availale to educate and inform new prospects. I would like to address the seven day waiting period. I do not support a seven day waiting period for prospects. I do not supprort the idea to offer references of local IBO's. I believe everyone has an opinion and reacts differently to the same information. I believe that those who are willing to work and follow proven and legitimite practices should be rewarded. I do not support the sharing of other IBO's information. We do have available meetings and conferences for new prospects and IBO's to gather information. I don't support the litigation list requirement. Many mainstream legitimtie Fortune 500 companies experience fradulant and exagerated clains and suits. When a person goes for an interview with Walmart, or Microsoft, or any other company, in my experiences none of these offer a list of all the complaints or lawsuits brought against them. Quixtar offers an opportunity, and support and information. There are always those in any organization that abuse and manipulate the rules, our codes of conduct and rules of doing business have done an exceptional job of "weeding out" the ones who are not honest and upfront with prospects and IBO's. When IBO's offer the business plan we use an SA-4400 for supporting the potential incomes offered. I feel it would be inappropriate to offer prospects personal financial information. The business opportunity is the same for all prospects and IBO's. People pursue the business with different goals and time committments. It wouldn't be fair to the sponsoring IBO or the prospect to offer personal results. Personal credibility, work habits, attitude, being honest and sincere, all of these factors contribute to an IBO's results. Showing new prospects a big amount on a monthly check wouldn't guarantee their success, showing a small nomial amount wouldn't allow the sponsoring IBO to have any credibility with new people. New IBO's who wouldn't have huge financial rewards to "show", they use the company's results, yearly sales amounts and success stories of IBO's who have achieved substantial success. All new prospects and IBO's understand that there are no guarantees, only an opportunity to learn and grow a proven business idea. In closing, I would like to say personally that I have found an idea that I believe in and am very comfortable offering to prospects, family members and friends. I also understand that not everyone is looking for an idea, not everyone is comfortable with the Quixtar Business Model. As IBO's, we only want to keep the business simple and easy to offer and easy to build and develop.