Comment Number: 522418-10228
Received: 7/15/2006 11:24:13 PM
Organization: iTeamUSA/Quixtar
Commenter: Richard Price
State: MD
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I have been an IBO for 1 year and 7 months. I have acheived various goals that I set, such as forming good habits of reading,listening and effective communication of who I am and what organization I represent. My next goal is to hit the 2500 pin and by doing so, help three people hit their personal goal of 300 pin. Through the process of being registered by a friend, I have met many new friends and associates that have benifitted me in all areas of my life. For example, I have recently purchase a house and through the Quixtar business I met a home inspector to help me with my new house. When I registered my Independent business, I was excited and any question that I had was answered by fellow business owners that I associated with through workshops and housemeetings. I always felt welcomed and comfortable to ask questions. On my team we always suggest a new person to come out and associate with the team to learn more and get help pushing thier business farther and to reach their goals. The requirment of a 7 day waiting period would affect my buisness greatly. I am opposed of this rule. The Quixtar business is based on convience and waiting 7 days to participate in the opportunity would push away potential customers and IBO's. Any person that i registered in this business registered when they were ready. Majority of those took a day or a few weeks to think and visit a workshop to check out a bigger picture of what the business is all about. So after thinking for a week, then they have to wait another week to be registered when they have already made up their mine. Furthermore, with this business and anytype of sales and marketing business momentum plays a big part of growth and moving forward. A seven day wait would greatly slow the process of building a network and might discourage new IBO's.