| Comment Number: | 522418-11258 |
| Received: | 7/17/2006 9:20:17 AM |
| Organization: | quixtar |
| Commenter: | kenneth ilg |
| State: | NJ |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
7-17-06 Gentlemen: I have been a Independent Business Owner for 2 years.The convenience of on-line shopping and working my business on my available hours has been extremely advantageous. When I registered, all information was provided to me: from the avarage IBO making $115.00 per month to the 180 day money back guarantee. When I sponsor others I provide them with the same information, and they understand this is not a get rich quick plan and there are no guarantees. The initial start up money averages about $175.00 and the new prospects can get all of it back in a 180 day window if they so choose. Regarding waiting 7 days before registering: I am opposed. Strike when the iron's hot, and if they change their mind FOR 6 MONTHS they can get all their money back by calling the 800 number. Typically, when I register someone, I make the new IBO aware of these conditions, give them a list of all Quixtar websites, a few sample products, and immediately begin working their call list to set up a team of 10 people as soon as possible. Waiting 7 days would destroy this momentum. Regarding providing a list of all local IBO's: opposed! I don't want the new person to consider registering with anyone but me.And, I don't want other IBO's giving my number out either, and violate my privacy. My new IBO's meet the other IBO's on my team at our weekly meeting, and can talk then, in a controlled environment. Regarding a Litigation list: opposed. The "seller" could include cases with no merit. Regarding the requirement for specific earnings disclosures: opposed. Regarding requirement for financial substantiation: opposed. I feel this is inappropriate. My earnings are based on my efforts and are directly reflective. When I started my Quixtar business I only had about one hour per week to work it due to my 80-100 hour work weeks with my job, and my Quixtar income reflected that. I feel that my income was fair compared to the time invested. A new IBO may not understand the dynamics of my specific situation (and most people who have never worked those kinds of hours can never understand them). Therefore, I feel that trying to substantiate my Quixtar income to a new person is irrelevant. Thank you. Kenneth R. Ilg