| Comment Number: | 522418-10949 |
| Received: | 7/17/2006 12:19:56 AM |
| Organization: | Quixtar |
| Commenter: | Ron Moore |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO with Amway/Quixtar for approx. 11 yrs. During this time, without applying fulltime consistent effort, my wife and I have achieved the Platinum level. We realize that we started our business with the main purpose of creating extra income, but we have also developed tremendous friendships! As we share the business plan with other people, we always make sure that they have sufficient information before making their decision to join our buisness team. We do not ever lead them to think that this is a "get-rich-quick" business, however, we do inform them that they can create additional income with a part-time effort. One of the best aspects of our business is that when a person gets registered, they have the full knowledge that they have 180 days to "check" things out risk free. If they change their mind, they can return the starter pack to Quixtar for a full refund...no questions asked! We also know that momentum is very important, which means that when a new person has started their business, we try to share the plan to poeple for them as soon as possible to help them establish their organization. I believe that if they had to wait 7 days before signing someone else up, this could hinder their excitement which in turn, slows their momentum. I do not having any problems in speaking with "new" people about our business and I welcome that forum. However, I do not feel that it would be appropriate for a list of IBOs names and numbers to be supplied as a "reference". We have weekly business expansion meetings in a hotel conference center which provides the "new" people the chance to meet our local business team. This does not invade the privacy of others. We have literature that has been provided by Quixtar and approved by the FTC which states the business income potential. We provide this document (SA-4400) for the prospect's review and then we set a folllow-up meeting the discuss any questions or concerns. I do not feel that it would be appropriate to share the details of my business income with the prospects for several reasons: 1) I am a IT consultant by profession and I do not walk around sharing my IT income with others so why is it necessary to share my business income; 2) our business allows people to grow at their own pace which means that if I did share my business income, that could either motivate someone who thinks that this is great, or it could demotivet someone who thinks "wow, it took that long to create that small amount of income?". The length of time that it took me to achieve my level has no bearings on how long it will take others to make it happen. In conclusion, my wife and I are very thankful for the business opportunity provide to us via Quixtar! We are excited to share it with other people and we have no doubts that financial success will be achieved as a direct result of our business income!!