|Received:||7/17/2006 6:38:28 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Personal Experience: We have been ibos over 5yrs and this Quixtar business has provided the chance for my wife to spend more time with our children. Our goal over this year to earned more than my job income. we received correct information to make a qualitive decision to register. when we sponsor other persons we do provide the same information we received.In our ECS mts it is quite clear,concise and said that our business optty is not "quick get rich scheme".At present full registration is approximately$325.00. Business owers can receive a full refund if left the business within 6 mos.We persoanlly have done so in the past. 7 day waiting period If waiting for the 7 days I beleive it will slow the growth and profitability of any ibo business in Quixtar. For ie: any person registering receive a literature pack for review and on the process then get registered when ready. A 7 day waiting period will have prospects forgetting the business plan and the life get in the way of actaul registration. Litigation list: A required list of local ibos would not be necessary because prospects meet ibos in the business. New ibos meet at a local meeting or product associations, team mtgs. In addition , the list of ligations against Quixtar or IBOS we believed should not be. Does anyone provide a list of ligitations suits when you start a new job?? or purchase a new computer..DELL or software...Microsoft?? Earnings disclosure: The disclosure we permit for any prospect about income potential is in the SA-4400 document. If we were req'd to make a separate disclosure for every example in explanation of income potential, we believe the business plan would take 3hrs to show every prospect. Most folks are concious of their time. Financial Substance: We do not share the income from which we make through Quixtar business. however, in terms of intangibles or tangibles we do share,. Also we have them meet our LOS, which have lifestlyes of the rich and famous. We bring them to their homes, autos, photos of their trips,etc. It is inappopriate to siclosure your financial income to your potential prospects. 1. Do you tell everyone your job salary?? NO. 2. Each individual has different reasons for earning whaterver amount in the Quixtar business. You may turn a person off if you said " You can earn $100,000/mth if their self-image only can see $200/mth. It best to leave your personal income out of the picture. Then folks want different aspects from our type of business. We have found personally, some folks are happy to earn addtl $300/mth or $1,000/mth. then another person just enjoys being around the postive environment and not building the network or a team,therefore just buying products for their household with a few clients.