|Received:||7/17/2006 9:20:33 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My husband, Matt, and I have been business owners with Quixtar for almost 5 months. It has already been a blessing to our family. When we registered we received plenty of information on the business to make a very informed decision for our future and we make sure we inform our prospects. We strive for accuracy and integrity in our lives as well as our business. It is made clear that this business is not a "get rich quick" plan, that it takes hard work and dedication to acheive your dreams. I wouldn't want it to be any other way. At our curren jobs we could work ourselves to the bone and spend no time with our children and still not acheive financial freedom. We make money for our bosses or corporations who are not personally involved with our lives. Those same people govern how we spend our time. We have been lucky enough to meet many amazing people with the Quixtar business. People from across the country that truly care about my family and me and want us to succeed. I would like to comment on some of the propsed rules: A seven day waiting period would severly dampen the spirits of a prospect because they are ready to start changing their lives and the lives of many others. A waiting period would also slow down the profitability of their business. With a Quixtar business there is a money back guarantee, so there is no reason to slow down the growth of a new business with a waiting period. I feel that being forced to give out names and phone numbers of other IBOs is not a good way to have to run a business. Other companies and corporations are not required to do this when they have applicants looking to get hired. With my business I love introducing a prospect to as many other IBOs as possible. We have a team and we truly strive to get to know everyone we meet, and also to make a difference in their lives with this business. I don't feel that this would get the results the FTC is looking for. All a prospect would have to do is ask to meet with other IBOs or go the a seminar and see for themselves. Another point is if I have to give a prospect a name and number of another IBO who is not part of my team it is very possible that the prospect may sign up with that reference IBO. Providing documents of all litigation would not be accurately representing the business or the business owners. Not all suits are legitimate and some are brought about by people who were looking to "get rich quick" and weren't willing to work hard. The definition in the propsal doesn't specify what a "seller" is. Dishonest businesses would disregard this rule. An earnings disclosure is absolutely unneccasary. You are able to make as much income as you are willing to work hard for. I knew that when I registered and was not looking to "get rich quick", I was looking for a better way to make an income and willing to do whatever it took to achieve my goals and dreams. There are many IBOs who are "active" as far as the registration is paid but they are not activly building a business. They bring down the average income of "active" IBOs and I don't even feel that their activity should be counted in an average income statement. If I am asked what my income through this business is, I am honest. You cannot build a successful business without honesty. I would not like to have to provide documentation to prove it. Thank you for the opportunity to express my thoughts and feelings about these issues that may drastically effect my financial situation along with the goals that I have set for myself and my family.