| Comment Number: | 522418-04782 |
| Received: | 6/28/2006 11:47:34 AM |
| Organization: | |
| Commenter: | Patricia Tefel |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have been building the business actively since 1970. When we first saw the plan, we decided we had everything to gain and nothing to lose. We decided to give a wholehearted effort and see if we could create a second income and perhaps a new career. After being involved for just 10 months, we doubled our full time incomes. We have raised our 5 children with the business as our primary income. They have learned life principles from the examples of leaders in the corporation as well as the leaders in our organization. All of our children are now grown and are well respected and successful in their lives and families. I believe our involvement in the Quixtar business has taught them the work ethic they all have as well as how to invest in other people’s lives. When we sponsor others in our business, we give them all the information they need to make an intelligent decision. We tell them, there is no such thing as something for nothing or “get rich quick”. We tell them it takes time and their personal growth to build a secure profitable business. We give them our personal story of how we invested “sweat equity” in our business and how we succeeded. Our prospects usually spend about $140 to get in the business, although some only $50. Those who spend more get products that they need to learn about our product line, as well as literature. All they spend if refundable if they decide to leave the business. The same day we got in the business, we also sponsored our uncle and father. They lived about 300 miles from us. If we had to wait 7 days each, what took us only a few hours, would have taken 21 days and another trip 300 miles away to get them started correctly. This would have meant a severe delay in each person’s success as well an unnecessary costs to us. That uncle remained in the business for years and had a nice extra income from his involvement. He is today in a nursing home but still speaks highly of the business. Providing a list of local IBOs to prospects would raise serious concerns for us. First of all, they could decide to go to another person to register when we put the work out to show them. I would also not like to have to take my valuable time to speak to other people’s prospects that would not build my business. It would be a serious invasion of my time and privacy. We have meetings where our prospects and new IBOs can attend and meet other IBOs we have an association with. They have a chance to ask questions and share experiences at those meetings. Just last week we had a meeting with our group where they had the chance to see other age groups, professions and those with different experience in the business. Having a list of litigations would be unfair and a serious distortion. We have been in the business over 30 years with absolutely no litigations concerning us. All careers and professions have people who do not do things correctly, that is part of the human experience. Then there are cases that are brought to court and no wrongdoing is ever done. The idea that I am like other unethical people is just as ridiculous as saying all government people are crooked because there have been some who are! We disclose to prospects in literature as well on their application forms the “average monthly gross income”. We also tell them that the potential is to do as we did, depending on what they put into it. To ask IBOs to offer their financial records is not only inappropriate but an infringement on privacy. People do not ask their employers for their financial income so they can expect to make that same amount in time. It depends on the employee’s personal efforts, creativity, persistence, as well as the company’s rules for advancement. Our IBOs all have the same chance to succeed according to their efforts, with no corporate rules to meet except to adhere to the code of ethics. I am all for proper business practices, but your proposals go way too far.