| Comment Number: | 522418-09835 |
| Received: | 7/15/2006 11:16:48 AM |
| Organization: | LTD |
| Commenter: | Michael Deeb |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
After reading the proposal for your guidelines, I began to worry about the future of my business. I'm actively building the business with all of my heart and fire and because of some severe challenges, I have to put in extra effort just to do the work to build this business.I truly believe that to require a prospect to register within 7 days would not benefit the prospect whatsoever, especially since there is money back guarantee that they can take utilize at any point within 6 months, which by then they should have already made their money back provided that they are serious about the opportunity and willing to do the work. If not, then they should definitely get their money back, and I always encourage someone to do so if it looks to me that they're not serious. Also, within a 48 hour period of time, doubt begins to take place within the mind of the prospect. That would put more of a responsibility in my hands to relieve that doubt by meeting with every prospect every two days before they register. Now, for someone who makes 5 -10 prospects per day such as myself, who normally has transportation challenges already, it would be very inconvenient, especially if I have to meet with the 5 people I had at the meeting every two days. That's about 15 meetings before they get registered, 3 for each prospect. In that time, they could've gotten registered and I could've booked 3 meeting and done meetings for each of them, which would have set their foundation for making money. I was also concerned about the rule requiring IBO's to submit profit statements to back up their profit claims. I don't believe that this benefit anyone in any manner. When I prospect someone I do not tell them how much money I make. It is irrelevent to what they want to accomplish, and I never even guarantee them that they'd make money. Quixtar is not get rich quick, it requires HARD effort in order to make money and that's up to the individual to decide. After a year-and-a-half of building this business, through every up-and-down I still don't know how much my mentor makes. But I know this; when he tells me something, it works. Money is not the goal of the Quixtar opportunity, it's a significant lifestyle. When I prospect someone, I'm always focused on whether they keep their options open for new opportunities. Very rarely do I use the word money. I'm also not sure how providing a list of people that are actively building their businesses in the local area would help at all. It seems like an unneccessary precaution, especially since I use the credibility of my business associates in the local area anyhow. If someone is studying to be an electrician, I tell them about Pat Flannagan who is from Massapequa Long Island and how he used to be a Local 3 Electrician and retired in 18 months because of this business. If I prospect someone living in Massapequa Long Island, I tell about everyone in the Local Area like Pat Flannagan, Vic Manarino, Rob Senicola who now lives in South Bellmore etc. I have a copy of The Achievers Magazine with Wayne and Suzanne Calander on the cover for my prospects living in Freeport and I have them take a look at the story inside of how they used to live in Freeport and how Wayne used to work for the Airline Industry and how he started the business BEFORE it was online, the struggles he had to go through, etc. It gives them such hope and light, and to see their eyes light up and say to one another We gonna get outta the ghetto and smile and laugh that they have hope is such a reward. This provision is not neccessary, as I duplicate what many successful independent business owners have done by using the relatibility concept. This violates the right to privacy, and I believe that it's unessential. I must also comment on the provision to present a list of lawsuits to the prospect. Whatever disputes have arisen in the past have nothing to do with the legality of the business. If anything, I believe that a list SUCCESS stories should be require