| Comment Number: | 522418-03722 |
| Received: | 6/21/2006 6:49:59 PM |
| Organization: | Xango |
| Commenter: | Leathers |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am writing to voice my opinion on the recent proposed changes to the direct selling industry. I am fairly new to the industry and have just embarked on this journey. Outside of network marketing, my family has little chance of become financially independent. I whole heartedly embrace this opportunity to achieve the American Dream and suspect that many families, such as mine, do as well. This industry is the only level playing field for an average person to climb the ranks of financial wealth. For that very reason, many go into this industry blinded not realizing that it will take hard work and effort. The lack of understanding by some should not be a burden to the masses. There is no easy way to the top. However, like any other industry, there are unethical people. Rules or no rules, those people will continue to function as they wish. Only the ethical will follow the guidelines and perform as ethical as ever. In the end, only those who comply will be restricted. The proposed rules will not prevent unethical practices. Rather, they will create delays, burdens and challenges for legitimate distributors. The nightmare of gathering records and finding new distributors willing to field calls from those "considering the business" will no doubt hurt my business not to mention compromise their privacy. As far as providing litigation records without distinguishing wins or losses is suicide for any business. Not being able to show your company in the best light is unfair, detrimental and defeating. It's like being judged without an opportunity to defend oneself. In regards to the income claims, no one should be advertising highly inflated incomes however, if a company is able to provide an average income at the varying levels and can back it up with records, what is the harm?. After all, money is the bottom line in any business. "How much can I expect to make?" is the number one question on a new distributor’s mind. Dodging the question should not be the alternative. New distributors such as I, who is starting out, will be at a disadvantage as I currently lack the earning power. In sales, money talks. It's all about the bottom line. I hope you will take into consideration the points I've made and side with us who are fighting to achieve the American Dream. Thank you.