| Comment Number: | 522418-11161 |
| Received: | 7/17/2006 4:50:24 AM |
| Organization: | Quixtar |
| Commenter: | manjari agochiya |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Me and my husband Vipul Agochiya have been doing the quixtar biz for almost 3 yrs. now. We have already attained the platinum level our next goal is emerald. We have built this business in our TV time and have reaped huge rewards like greater family time together, and a stress free happy life together. We could have never imagined oursleves getting all this in a job. When we were registered we were given a literature pack after the presentation which explains the plan and some CD's to listen to which helped us to make a deeply informed decision about the biz. And we do the same when we sponsor people in our business. We always cover in the plan that this is certainly not a get rich quick scheme as for everything in life hard work is required. our prospects invest about 60-70 dollars for the licence and about the same for the product pack. This money is 100% refundable if they decide to leave infact even if they return half used products the company still refunds the money, I haven't seen any company do that it is amazing, The standards maintained by quixtar are mind blowing. A 7 day wait for the new person is going to take away their excitement about something that would change their life. There is no benefit in waiting the long cause why deprive someone of the opportunity if they want to run with the idea. The profitablity of the biz would automatically go down for us and our downlines it will only delay the process and get very cumbersome. If we have to give references of other local IBO's the whole model will become unfair as we as IBO's run the risk of our guy getting signed up with someone else that would extremely complicate the whole process and take away from the purity of the model. It will make a lot of people feel cheated and that is definitely not goof for the health of our business. Also on the flip side if some other IBO would give away my name and number to strangers/prospects of other swhom I don't know it would be a direct invasion of my privacy and that is extremely unsafe. It could lead to a lot of unwanted scenarios. whenever we sign up people we always tell them the income potential as in SA 4400 and the average IBO income if they don't do anything in the biz which is $115. Making separate disclosures for every example we use would completely take away the IBO's attention of the plan and there would be too many unnecessary details to explain whic would confuse the person who's trying to understand a new concept. Yes we always describe how the quixtar business has positively impacted our life style. Cause that is what is tangible for people. we disclose a round about monthly figure to people so that they know that this is in store for them. Sometimes we also show copies of our own cheques to people just to show them that it's for real. well as far as disclosing the financial records go I think it is inappropriate cause lets say if I invest in stocks in a company I am not going to say show me all your financial records only then will I would wanna know the health of the company for sure but other than that neither does the prospect have the time nor do I feel safe keeping our financial records as an open book to everyone. What if someone misuses the information it just doesn't make sense. hope you understand that our life would become miserable and the business practically very hard if you pass this rule so please do not pass the rule as it will be detrimental to millions of people.