| Comment Number: | 522418-11466 |
| Received: | 7/17/2006 12:08:25 PM |
| Organization: | Quixtar-McNichols Marketing |
| Commenter: | Mark McNichols |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My wife and I registered with Quixtar about six years ago. We have been able to change positively how we earn extra income. Before registering with Quixtar, I was working second jobs and coaching. This did not lend us much time for each other. Through this opportunity, we have been able to spend significantly more time together and make extra income at the same time. Our next goal is for my wife to have the option to stay home full time for our children and for it to not negatively impact our lifestyle because of the supplemental income created through Quixtar. When we saw the opportunity, we received an appropriate amount of information both verbally and written from our sponsor to-be. We have duplicated their model and provide our prospects with the same information. A registration is less than $200 and it comes with a money-back guarantee for 6 months. Having a seven-day waiting period would negatively affect our business, and more importantly it would negatively affect those we register because it would prevent them from making money immediately, and that is exactly why they are starting a business. In addition, this would no doubt slow the growth of the business. I see absolutely no benefits of a seven-day waiting period especially when those who register are adults who have free will and can make their own decisions, especially about a way to positively affect their family’s future. After a prospect sees the business plan, we provide them with a very thorough Literature Packet. Included in this packet is information regarding the money-back guarantee and information pertaining to the “average IBO” income. The proposal for having to provide a list of local IBO’s for prospects to contact before they register would violate the privacy of the IBO in many different ways, but especially from the aspect of opening my family up to potential danger from people we do not even know. After a being given a brief overview of the business, the prospect has the opportunity to attend one of our classes and receive all of the details of the business including the opportunity to meet about 100 IBO’s at our local meeting. Attending our first business class as a prospect and meeting other IBO’s on the team was one of the most powerful points in our decision making process. We met with our sponsor at least three times before registering and they were able to help address all of our concerns.It is clear that Quixtar has covered its basis and that many of the good intentioned, but poorly directed proposals do not apply to Quixtar.