Comment Number: 522418-11749
Received: 7/17/2006 3:04:36 PM
Organization: Quixtar - BWW Organization
Commenter: Ganta
State: NJ
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I was registered into the Amway/Quixtar business in 1992 as a single and subsequently met my husband, another IBO a few years later. We have reached the Platinum level in this opportunity. The Quixtar business has made a significant difference in both our personal and professional lives. While we are still in the process of obtaining higher levels in the Quixtar business, this opportunity has given us the confidence to transition from two full-time professional jobs generating a 150,000+ household income to our own successful environmental consulting company. This confidence is attributed to the success teachings and business principals that we have been exposed to in the Quixtar business. For us the opportunity not only provides a way to create additional income but it avails us to business mentors to guide our success. Mentors in any endeavor are rare but have been in abundance for us in this Quixtar business. In my former profession as a software engineer and project manager for over 18 years, I have not found a more ethical, supportive business environment. The FTC Proposed Rule attempts to protect the public from undue business risks, I believe that in today’s environment some controls are warranted. However, with regard to the stipulation, as currently stated, associated with waiting periods, actual/ potential income, and references would create an undue burden on Quixtar and individual IBOs. Quixtar has currently provided the appropriate levels of information and exposure to individuals actively building the opportunity to prospective business owners. In our business team, the prospective business owner can get started after see the presentation anytime that is mutually agreeable between them and the registering IBO/upline. I believe that people should be given the right to decide when to begin any endeavor in their life. Additionally, there is a money back guarantee, so if the decision to build the business changes there is no loss. Also, from my perspective, the Quixtar plan is explicitly regarding potential and average income. Statements regarding potential and actual incomes are irrelevant in my opinion as long as the compensation plan is clearly documented and executed. Given an equal opportunity, I feel personal incomes are purely dependent on a person’s willingness to discipline themselves to do what is required to create the income. In our tenure in the business we have not had anyone on our personal team tell us that they were leaving the business because they did not know that there was work involved to create the income or that they felt misinformed. In our experience, most of the people who quit the business were influenced by there personal circumstances or influence by the opinions of others. Finally, I understand that the FTC’s role is to provide business controls in an attempt to ensure an equitable business environment. However, I believe, as a Quixtar IBO, this rule as currently stated would negatively impact my ability to create a secondary source of income while operating a conventional business because to the additional administrative overheads in tracking and time to report compliance with such stipulations. In the end I believe that people are people and those with ethical intentions will follow the rules and those with unethical intentions will find a way around the rules.