| Comment Number: | 522418-03638 |
| Received: | 6/21/2006 2:40:54 PM |
| Organization: | |
| Commenter: | Dwight Stanislaw |
| State: | CO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it may concern, I am writing this letter because I am concerned about the proposed Business Opportunity Rule R511993. I feel that if passed in its current form, it will not only destroy my small business, but prevent me from continuing to be a distributor. I have been a distributor for more than 3 years and Network Marketing has done so much more than provide extra income for me. I have grown as a person due to the amount of interpersonal relationships formed with people all around the country and in my own back yard. I have had my skills as a salesman and public speaker increase dramatically. I've learned the value of putting other people's needs ahead of my own and the unmatched feeling of watching those around me achieve their goals. Some of the sections in the proposed rule would make conducting my business difficult, if not nearly impossible. Selling and marketing products, as well as signing up new distributors to do the same, would be harder and only make my business suffer. For example, the seven-day waiting period. This waiting period sheds negative light onto my business and gives the accusation that something is wrong. Whether directly or indirectly, this is what the perception will be. Our company already has a money-back, risk-free trial sufficient enough for anyone looking to get involved. A Xango distributor kit costs a very fair $35. This is less than a weekend trip to the movies with the family. People purchase hundreds of items at much higher prices and are not required to wait for any amount of time, let alone seven days. This rule will require me to keep even more detailed records and send reports in to my company. This is a heavy burden on my small home business operation that will take precious time away from me conducting it successfully. This is a very bad thing. Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchases nearest to the prospective buyer. I am more than happy to share references of previous buyers, but handing out their personal information (without consent or approval) to strangers is a bad idea and makes me very uncomfortable. This would seem an easy opportunity for crooks and wrong-doers to get their hands on information they shouldn't be able to obtain so easily. I have been around the Network Marketing arena for many years and have seen many scams come across my desk from many individuals from all over. This proposed rule will do nothing to stop them. However, this rule will hinder and hurt not only my business, but the business of the hundreds of thousands of distributors nationwide who depend on Network Marketing to pay their bills and provide their families with everything they deserve. The people who violate the current rules will not think twice to break the new ones. This will only hurt the legitimate business operators. I am a good American citizen and implore you to help me and my fellow distributors. Thank you. Sincerely, Dwight Stanislaw