| Comment Number: | 522418-11315 |
| Received: | 7/17/2006 10:16:40 AM |
| Organization: | Quixtar |
| Commenter: | Jason Duren |
| State: | UT |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
In response to rule Business Opportunity Rule, R511993 I disagree with the limits and rules that are being proposed. I have been an Independent Business Owner for several years The education and motivation that I have received from this business has been far reaching not only has it helped to build my business but also in my job and my personal life. The Quixtar business in not a get rich quick business it takes time and WORK. If you don't work you don't get paid. That is what I saw when I first got started. I liked that Idea becuse I see to many people out there wanting the lotto ticket or something for nothing business and those are the one's that complain about the business that you have to WORK from home. You don't get paid for doing nothing I want to address the cost of learning and seminars I currently work in and industry that involves seminars and continous education and the seminars and information that I have to purchase are the same if not more than the cost of tapes and seminars for this business. If you want to learn more go to the seminars if not stay home. There are no requirements to attend these seminars if you don't want too. The Information that I provide to all people I speak with is the complete information for how this business works. Its not magic its not luck its not the pie in the sky dream it is hard work that makes this business work. This rule in general would effect the business opportunities that are doing all possible to inform and educate all people who would like a change in there lives. The litigation list that would be required would is just unheard of in any business that is why department such as the bbb and the ftc are in place. I have never been to a business that has the last 10 years of customer complaints posted on the wall or even statement of misrepresentation, fraud, securities law violations etc out were everyone can read them. The point I'm tring to make is that if this is to be a requirement for all home based businesses then all business operations should be required to do this. The requirement to provide 10 references for propects before they can join violates the rule set up by the FTC themselves the do not call or the privacy law that are in place. This just doesn't do good for anyone. This would be so cumbersom because the list would change and some of these people don't want to be on a list that everytime someone has a question that they call you for an answer. I wouldn't want my name on that list. The financial disclosures that would be required by the FTC might infact help our business because we alway understate the amount that can be earned because it is better to understate the money that can be earned than to over promise and never achieve. The seven day clause is not such a good idea either because of the fact that most people would like to get started right away when they see this buiness opportunity. The Quixtar business has a safe guard in place for those that have buyers remorse and want out its call the 100% money back on registation fees as well as all products even if you just don't like the stuff. Try doing that at your local discount store. I am sure the FTC rule is proposed to help those that have been victims of fraud and to prevent future fraud. There are always better way to come up with the rules and requlations that will effect the industry that is to have people that are involved in these business meet to go over rules that would effect their industry and not just someone that has never work or been involved in a Home Based Business.