Comment Number: 522418-10217
Received: 7/15/2006 11:07:12 PM
Organization: JACOBSON Enterprises
Commenter: eric jacobson
State: PA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

My wife and I have been independent business owners in Quixtar for 17 years and we have reached the "Platinum" level. The teaching we received over the years has greatly benefitted our families in our professional and personal lives. When we invite others into our business we provide them with a great deal of information and we suggest that they meet other independent business owners that we work with before they get started in their business. They are provided with paper documentation about the sales and marketing plan and they have an opportunity to ask questions from others in the organization. We specifically tell people that the business is not a "get rich quick" plan. Adiitionally the documentation they are provided with explains the requirements and work needed to be successfull. The proposed regulations for a seven day waiting period, references, etc. would cause undue burden on our business. When a prospect has a desire to purchase products that need needs to be met in a timely manner. A waiting period would affect that. Since the products are guaranteed, customers and prospcts are protected if they have concerns with any product. If they become an owner and they change their mind almost all of the signup charge is refundable. The requirement to provide references would discourage current owners from being in business and would invade their privacy. Each person's financial benefit is based on their level of effort, so providing my information is not relevant to the income they can make, since they can exceed our income. We simply do everything we can to help them be successfull. The Marketing plan is designed to create win-win situations where we can't be rewarded until we help someone else be successfull first. Thank you.