|Received:||6/24/2006 11:31:19 AM|
|Commenter:||Iris S. Dian|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:At the age of 83, I am reflecting on my personal history. It feels to me that I have been in sales all of my life. I started for $.10 an hour at Woolworths at age 16 selling ribbon by the yard. Loved it and even worked through lunch hour. At age 47, was one of the first women stock brokers in Cleveland, Ohio. That was 1970 - market dropping, advice given me was to get involved in insurance to service the declining market. Acted on this advice and continue to take 12 hours of continuing ed each year to maintain my license. Little better than a year ago, good fortune introduced me to XanGo. After a few set backs - an accident leaving me unable to get around for 13 weeks and my husband suffering a very serious illness, I am still very excited about XanGo and enthusiastically pursuing the business. This business will give me a great residual income to help myself and my family financially. My disabled daughter ill for 40 years has been an expense for many years and my sales ability has enabled us to remain financially independent. This is my goal in XanGo. Because of selling I have been listening to Jim Rohn, Zig Ziglar, John Miller and followed their self improvement suggestions to improve personal and business skills. It is great and I appreciate the concern of the FTC mission in these efforts to eliminate fraudulent groups. My concern is regarding the impact the regulation will have on legitimate direct selling groups. Please don't destroy or penalize me for my efforts to be self supporting. Implementing a 7 day waiting period causes the customer to loose its sizzle or cool off. It is impractical for many reasons. Customer often needs and wants our product immediately. Additional record keeping unnecessary waste of time, talent and expense. Can also cast a negative light on our values. The elimination of the $500 threshold does not affect us at all. The litigation reporting is irrelevant to almost all legitimate business. Also it is unfair in that it does not distinguish between winning and losing lawsuits.