| Comment Number: | 522418-11063 |
| Received: | 7/17/2006 1:28:19 AM |
| Organization: | Quixtar |
| Commenter: | Imzan Ogeer |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My name is Imzan Ogeer. I am an Independent Business Owner (IBO), affiliated with Quixtar. I have been an IBO for 4 years. The Quixtar opportunity has completely changed my and my family lives for the better. Thank God for this business. This business has removed the risk associated with other traditional type of business (huge capital investment and start up cost, time, expertise, location, employees, insurance and many others). For an initial cost about $200 you can get started in an opportunity that can make you a wealthy. I have investigated other opportunities and found that Quixtar is absolutely the best opportunity, period. The Quixtar opportunity is our only chance in the world for us to make it in the USA, utilizing the Free Enterprise system the country was built on. Since my wife and I started with Quixtar, we have continuously grown in our business, to now we have reached the level (in qualification) of Sapphire. And I estimate that within the next few (2) years my wife and I will be 100% financially free. Something my wife and I with our careers and degrees cannot do. I suggest the FTC should teach people that the Free enterprise system is far more superior to the education system that enslaves people in the masses, to a life of stress and hardship that comes from the belief that a job will give people the life they deserve and want, "the American Dream". The founding fathers of this nation were all business owner and they have develop a nation of greatness. However, it is the education and job system now that is the root of all the social and economic problems that face the nation today. In regards to the proposed rules and regulations, I am completed outraged with the proposal that restrict us (IBO's) from registering someone until after 7 days of seeing the business plan. This is completely against the free enterprise system. We should encourage people to get started in business. Not make it harder for them. It is our experience that people who get started and grow successful businesses, get started within 24 to 48 hours after see the business plan. If we wait after 7 days, the excitement of becoming a business owner in the prospects point of view, will be gone and they would have lost an opportunity that could have change their life. With regard to providing prospects with all legal allegations against Quixtar and IBO's. I agree that prospects should have access to information that is pertinent to making an informed decision. However, I disagree that we should have to give information about lawsuits against us. A prospect might read about a lawsuit that we have won and was wrongfully accused...but the prospect might not focus on the fact that we have won, and only focus on the negative aspect about the lawsuit. This would hurt the prospect and the IBO. This has personally happened to me with one of my prospects (he read something on the internet that wasn't true). There are many big companies private and non-private out there that have 100's of lawsuits against them. Should all stakeholders be given a list off all lawsuits before anyone does any kind of business with them? How will this affect these businesses? This proposed rule seems like a double standard. Lastly the proposed rule, “give prospects 10 reference within their area". This would be an impossible task because we can register people in different states or cities or towns where there might be no IBO's currently. Where will we get the references from? However, we do give prospects the opportunity to meet with other IBO's (at various levels in the business) at our local or regional seminars, rallys, and conferences. I believe the Quixtar opportunity is a blessing to this great nation and that the proposed rules above will be detriment to our success. I kindly ask that revisions be made to the proposed rules. Thank You, Imzan Ogeer