| Comment Number: | 522418-10979 |
| Received: | 7/17/2006 12:37:25 AM |
| Organization: | m.a.m. enterprises |
| Commenter: | maribel acosta |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO for 9 months. I have been able to accomplish 7 legs so far. My next goal for this month is to be Eagle. Quixtar fits my lifestyle pretty well, I work nights and I build my business during the day time. One major benefit is that I have become more health consciuos,I have improved my self-esteem, my communication skils with people and I have meet wonferful individuals that are willing to help me accomplish my goals. When I registered, I received a full load of information that guided me to make an informed decision to become an IBO. When I register new IBO's, I provided them with the same information that my sponsor provided me. My prospects do understand that Quixtar is not a "quick get rich" business, any they comprehend that it takes lots of hard work and dedication. I do not guarantee then success, I can only giude then to obtain sucess through Quixtar. They learn this information through success story CD's, and leadership books and literature that I provide them through the BWW education system. My new prospects spend about $300 to $325 when they get started. Their money is fully returned if they decide to cancel their business. My business can be affected if a new IBO has to wait 7 days to register a new prospect, because I have come across new IBO's that their family member or friend wants to immediately register and by having this waiting period the new prospect will loose interest in becoming an IBO. It would affect the value of Quixtar because it will decreased the value of growing your business at a faster pase. When I register a new IBO, I provide them with a literature pack that describes the business concept in details, when Quixtar was founded, how many products and services available and the benefits if becoming an IBO with Quixtar. I have not come accross the need to return any money to any of my IBO's so I would not be able to answer on how do they get their money back, but if I do, I will request for the assistance of my mentors. Quixtar's edification would decrease if an IBO had any difficulty getting their money back and they would not address anything positive about the business opportunity. I would affect me tremdously if I had to provide a list of local IBO's before registering because the prospect might have some thing more in common with another IBO than with me and also the new prospect might feel more confortable with that other IBO provided to them. It is a risk to provided them with a list of local IBO's. I can easy lose a new leg. It would not be fair if my prospect registers under some else. I belive that it is fine for another IBO to give my name to one of their prospects because I can tell them how great this business is and how much they can benefit from it, but I feel that giving my address and phone number is a violation of privacy. This is included in our cardinal rules and it is well addressed in every training that is provided to us by our upline platinum. My prospects are always registered in a 1 to 1 bases. My prospects get to meet other IBO's in our seminars, P.A.S.E. meetings and in phone team. My prospects get to learn about their experiences through CD's and private conferences held a few times a year. I do not provide any disclosure of my income with any of my prospects and new IBO's. I demonstrate what their income will be when accomplishing certain level in the business. I explain to my new IBO's briefly how this business has changed my lifesyle, for example, I tell them that this business has taken care of some bills and I now can afford a new vehicle, and I also tell them that I have developed good friends through this business that are priceless. I would not feel comfortably if the FTC required me to provide financial records because I am fairly new to the business and I am moving at a slower pase than others and this can affect my business because the new prospects will get discouraged and I will lose credibility, belief and faith.