|Received:||7/16/2006 11:04:44 PM|
|Organization:||Yusten and Associates|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:To Whom It May Concern: My wife and I have been IBOs affliated with the Quixtar organization for about 2 years.During these two years we have learned a great deal about business and more importantly about helping people.Our primary goal of being business owners is to help people learn to help themselves. Tha being said I would like to comment on the proposed rules that you are currently looking at to govern this business model. When we were sponsored in this business we were given information that helped us realize this was a legitimate business opportunity. We took our time to research and analyze what we had been shown and realized the potential.We never for a moment were given the impression that this was a get rich quick business rather that those who were willing to put in the work wopuld be rewarded.As we talk to people about this business model we give them the same information we were given so that they can make the choice for themselves.If a seven day waiting period were required the affects on business would be substantial.As any business that sells a product, volume is what we try to create.By imposing a seven day waiting period the volume that could be going through my business would be reduced.The waiting period provides no benefit to a prospective partner because people make their decision based on information they recieve immediately not 5 days down the road.A seven day waiting period is only delaying income for the new IBO seven more days.As for a litigation list, this seems silly.Wal-Mart has more lawsuits against it than just about any other business.Would Wal-Mart be required to list all litigation against them at every store throughout the nation?An allegation is just that, an allegation, it doesn't mean it is true.Whatever happened to our core belief of innocent until proven guilty?It also would be very inaapropriate for me as a business person to ask another business person how much income they have generated for their family.It isn't polite and the proposed requirement of showing my personal income to potential prospects is out of line.I wouldn't tell them how much money I make as a teacher why should I tell them how much I make in this business. The rules that are being considered are troubling to me.They would change the way we do business.I believe the waiting period should be eliminated, requiring 10 references should be eliminated, litigation disclosures should be eliminated as well as disclosures of income.Please consider my comments as you review the rules governing my industry.Understand that I want to provide my prospects with information to help them make a positive decision for themselves whether that means becoming an IBO or not.This business is about helping people, at least for Yusten and Associates, not hurting them.Thank you for reading my comments.