| Comment Number: | 522418-12450 |
| Received: | 7/17/2006 9:51:59 PM |
| Organization: | XanGo LLC |
| Commenter: | D maves |
| State: | NV |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hello, I am writing in response to the FTC's Business Opportunity Rule. I have been in networking for over 15 years, I started when a friend shared how I could make additional income by sharing by word of mouth products that I could not purchase in a retail store. Oh my goodness I can not even tell you how this type of business has help me with my confidence and my public speaking and presentation skills. Working for myself instead of a boss whom is a micro manager and not having to listen to all of the negative things that go on in so many work places. One of the biggest things is not having to worry about someone breathing down my neck if I did anything wrong - not being judged by a boss. I know that the FTC is wanting to look out for our best interest in this industry, my concern is that its impact on legitimate direct selling companies, I do know that out in this big world of ours their are people who go into business to only do bad and just for the money, I feel that this particular rule is unfairly targeting legitimate direct selling businesses. How come you are not directing this at those bad companies?? I am not sure why the FTC would want to force direct selling businesses to have a waiting period. What would the purpose of this be? It would in my opinion just delay the start up of someone wanting to get his/her business off the ground. Again - I am not sure why the FTC would make someone pay a higher cost to start a home direct selling business. I look at it as how many people that start with NOTHING and build a very successful business. How would they start their business if it cost them $500.00? I know if it cost me $500.00 to start my business I would not be able to afford it. The litigation reporting would be so unfair - because in the long run it does not distinguish between the winning and losing of lawsuits and the irrelevance of the reporting of almost all litigation regardless of the outcome. Earning claims, the difficultly of collection of the required data and the targeted "bad actors" would not provide accurate data while the legitimate companies would. Last, I would be very concerned about the possibility of the corporate liability for ID theft - with that running rampant (sp)these days - I feel sorry for the corporations that this ruling will effect in a negative mannor. How about getting these legitimate companies leaders together and have them help write some laws that would have a greater positive impact on our industry - rather than have people who have not worked in our business sit around and write something they really know nothing about. Enjoy the day, D. Maves Nevada