| Comment Number: | 522418-10160 |
| Received: | 7/15/2006 8:39:17 PM |
| Organization: | |
| Commenter: | J Pruiksma |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am an independent business owner who has worked as a school social worker. I have lived paycheck to paycheck. With an opportunity such as this, I can grow my business as large or small as I wish. Flexibility is key, which is why anyone can build it and succeed. A team of business colleagues assists the business owner in developing business skills. Benefits are emotional and mental growth. No other business provides such ongoing support. This is not a get rich quick plan; hard work is required. Informed decisions, choices are provided; a person may quit at any time, no pressure is applied to stay. Continuing education via books and audios, major conferences and open business meetings provide the business prospect with information to make quality decisions. A waiting period of 7 days would affect my profitability and cause a prospect to lose interest; they can be reimbursed if unsatisfied. A requirement to provide 10 references infringes on privacy and would channel business to other business owners. Eliminate the requirement to disclose lists of arbitration and legal claims within the last 10 years. This would affect not only cases found against the "seller" but cases without merit. One should not be required to provide prospects with personal income from one's business. How much I make monthly or annually does not reflect my success. The impact that Quixtar has made on my life has been tremendous; personal growth precedes financial success. The requirement to disclose additional detail regarding the income potential of a Quixtar business (we share the average monthly gross income of active IBO's) would be cumbersome, time-consuming and a waste. This is totally inappropriate: this is a solid business: we don't question a doctor, lawyer, plumber, piano technician what they make regardless if they are old timers or brand new in their fields! To do so is an insult to the character and integrity of business owners who want to help others to succeed, and will teach them how to succeed, even surpass them.