| Comment Number: | 522418-04521 |
| Received: | 6/27/2006 9:36:14 AM |
| Organization: | Britt World Wide |
| Commenter: | Ram Yalamanchili |
| State: | IL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have been IBO's for the past 7-8 years. This has been the most rewarding opportunity to us. We are currently making atleast $2000 - $2500 for the last couple of years. This business opportinity allowed us to live with pride when our corporate careers were going through some up's and down's at a certain period of time. Our kids have been incredible blessed with this because of the positive attitude at home and working together with common goals as a family. The rule to wait for 7 days gives me the same scenario as stores should make the person wait for to think for 7 days before they want to buy an item. With the current day busy life styles, waiting for 7 days makes information to be diluted to the prospect and very ineffective. The rule to give a list of references is definitely breaching the privacy of other IBO's. As an IBO we are already busy taking care of our family, careers and quixtar business, we would not want additional time and responsibility of talking to someone and giving information which completely goes against why we joined the business to have more quality time with family. The rule to provide lawsuits for a company is like, when I go to interview for a job for a big company nobody provides their lawsuits and litigations for the past years. Why should our industry be any different. Eventhough this is not a job, but an opportunity to provide income which is not a very different objective. The rule to make different income disclosure is totally unacceptable, because this is not about one individual doing a business a certain way. Every body's business falls through a different way just like no snowflake is identical. As a prospect when we were presented the business and were presented the opportunity, we were provided with honest, legal and ethical information that allowed us to make a quality decision to build this business and it is fair that we provide the same opportunity for every body else.