| Comment Number: | 522418-10626 |
| Received: | 7/16/2006 7:23:57 PM |
| Organization: | Quixtar |
| Commenter: | Mary Licari |
| State: | WI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been a quixtar IBO for about 10 years (Amway before 9-1-99) We love this business and have dreams and goals for our family now that we could never attain from a job. it provides us an ongoing income. the only way we make money is by helping others. since getting involved, we have a better marriage and are surrounded by people who really care. Our 3 children are also involved. I do not think it is neccessary to have a waiting period. we give people plenty of information to make a good decision. also they can get all their money back for 6 months if they change their mind. It costs so little to get started anyway. We make no money by starting someone out. We only make money by helping them to be successful. This is not a get rich quick deal. In fact we tell our prospects that we are not looking for people with that kind of mentality. It takes consistent part time effort. I do not think it is neccessary to give them 10 references. first of all, we offer to let them visit with upline if they wish, and many times before they get started they have an opportunity to come to a meeting where they will meet other IBO's. But certainly IBO's whose are not in our upline should not have their privacy invaded. Also, depending on their integrity, they may try to register them into their business. In regards to having to give every prospect a list of all lawsuits, arbitrations and other legal claims, I do not think this is necessary and should be eliminated from the proposed ruling. There are many people who are after a quick buck, and file false accusations. As far as disclosures for income claims go, I think a simple statement like we have is enough."the average monthly gross income for active IBO's is..." Thank you.