| Comment Number: | 522418-12710 |
| Received: | 7/17/2006 11:42:29 PM |
| Organization: | The Conder Group (Snipes Team) |
| Commenter: | Travis Conder |
| State: | VA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO for about 4 months now. I have been able to pay off a few credit cards, and get some money in the bank. I actually found Jesus Christ as my Lord and Savior and the last major function I went to. I was provided with all the details needed to make an informed decision about taking this opportunity or not. I provide all my prospective IBO's with all the same details. The typical registration fee is about $171 and some chnage. That is fully refundable! If I had to wait seven days before a prospect could register, it would effect my business in many ways. Part of this business is getting people excited about their future. If I had to make them wait seven long days before they could register, the "sizzle" would be lost especially knowing that they would have to turn around and do the same with people they were getting registered. The act of providing refrences has nothing good that could come out of it. One the reference could turn around and sponsor my prospect. Two it would invade people's privacy, lastly I wouldn't want someone else's prospect calling me invading my privacy. The requirment to tell prospects our income is rediculous. The CEO of Nike isn't required to tell any new employee his salary. This is a business and should remain business. Knowing someone else's finances becomes personal and takes away from the business portion of what we do. When a prospect asks me how much I make, I tell them I make enough to keep me out here talking about this great opportunity. If they want details, I explain that it isn't very business like to discuss that, but I made "About"/"In the neighborhood of" $X amount of dollars last month. I close by saying that I am excited about my future with Quixtar and the direction they are taking us IBO's. I strongly feel that implementing these rules and regulations would be taking a step backwards. I also feel very strongly that it would have a negative impact on my current business team and the future growth of my team.