| Comment Number: | 522418-11592 |
| Received: | 7/17/2006 1:42:48 PM |
| Organization: | Quixtar IBO |
| Commenter: | Gregory Furman |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom it May Concern, Registering, as an IBO for the Quixtar business has always been an easy, unpressured information rich experience. I received a document the SA-4400 that described the financial possibilities for building this type of business. This satisfied my financial concerns and reinforced the concept that this is not a "get rich quick" opportunity. It was emphasized during all interactions with my sponsor that this is not a get rich quick opportunity, but one of integrity, hard work and caring for the individual. This was even made clearer by allowing a 100% money back guarantee if I felt that this was not for me once I started. Yes, I was able to get my money back after I started if I felt I didn't want to proceed with this opportunity. This being said, I feel that the seven-day holding period would stultify the growth of such a wonderful opportunity. Also, what purpose would this "waiting period:" serve when Quixtar offers you a 100% money back guarantee? A part of confusion for me also rests on the reference criteria. During and after the meeting the guests are introduced to fellow IBOs. Providing references of 10 people seem to be a bit overbearing and redundant when that is being taken care of during and after the meeting. Team meetings are also another venue in which new people can interact with the team and get their questions answered and meet more people. This was where I learned the most and met many different people and spoke to them about their perspective about the business. Providing references of people who are in your area doesn't make pure business sense. Why would I provide a reference of somebody in the area if I don't necessarily know the person? I have used the people at the plan and in my organization as references for anybody during and after the meeting. The follow-up process that we use also answers an individuals questions, this also provides an avenue to invite the individual back to another plan so that they can get a better understanding of the opportunity and also to meet additional team members. With this in place, I do not see the reasoning for providing the list of 10 people to call as a reference check. Also, why would I use somebody who just started as a reference check when they are just beginning to understand the business opportunity? Also, who would be updating this list in order to make sure it is current? Sincerely, Gregory D. Furman