Comment Number: 522418-10253
Received: 7/16/2006 12:34:38 AM
Organization: Quixtar-Worldwide Group
Commenter: Clayton Harada
State: HI
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I have owned a Quixtar powered business for 7 years. I also own a tradiional business which I run concurrently. My Quixtar business has provided me with the following: income for kids schooling and misc. household expenses, leadership training, mentorship. As our business expands I will create additional retirement income. The Quixtar business fits into my existing life with my other business because it was designed to be opererated part time. My work load from my tradional buisiness has been reduced because my Quixtar business allowed me to replace income with a business that is time efficent. I've owned two businesses before my Quixtar affiliation and I would honestly say that the training received through the Worldwide Group/Quixtar is second to none. When I registered 7 years ago I received sufficient information to make a quality decision. I approached the Quixtar business as a would any other traditional business. When sponsoring people, this same information is provided to them. Many people who become involved with a Quixtar powered business have no prior business eperience so I explain that good business principals still apply and that this is not a get rich quick scheme. People who want to get rich quick do not get into my business, and if they do without telling me their intentions, usually quit immediately and are offered a refund for their registration. From day one, my business associates have guided me in all aspects of my business. Nothing was ever hidden from me. No false claims were made. I leared the hard way about business because owning a more tradional business cost time, money, and many mistakes are made along the way. My Quixtsr business is very simple compared to what I've experienced in the past and represents a new breed of business for the future. New prospects usually spend between $130-$150 to register. This includes registration material and product samples only. I refund prospects the entire fee should they decide the business is not for them. I have done this once in 7 years. I do not believe there is a perfect business. There will always be exceptions to a business such as Quixtar. I feel the regualtions in place are adequate and implementing complex rules and regulations would not benefit our industry nor would it stop dishonest people from taking advantage of people in Quixtar or similar businesses. If a 7 day waiting period is implemented it would be of no benefit to myself or my prospect. This would also cause the growth of new business to be hampered. Because our businesses are built on volume created, the ability to register people quickly, then teaching them how to create volume is key in growth and a profitalbe business.As I mentioned before, it is easy to "unregister" so there is no need to have a waiting period. Having to provide references would also not benefit our business. I don't belive with this type of buisiness that my existing downline would like being called by strangeres. Those wanting to build a business, rather that just buying products will get to meet others in my business (in person) on a regular basis. A litigation list is also unecessary. I do not believe that a person starting a business for $150. really needs to review the history of a company and the litigation it has gone through. With current technology anyone can research information and make a decision on their own. If I required litigation infomation from everybody I came in contact with I would be paralized from doing anything. Lastly, I do not provide personal earning infromation to anyone. I will tell them approximately how much I made the previous year is asked. Free enterprise comes with problems but I believe that our overall system works well and if too many regulations are put into effect-it will cripple and hurt all small businesses.