|Received:||6/29/2006 10:16:55 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO with Quixtar for 2 years. It has been very rewarding and I have averaged $1000 per month income for the last year. The opportunity offers so much more than money. Mentorship and positive influence are more important to me than income. Before I registered, I saw the business plan, received literature explaining the opportunity (the average IBO makes $115 per month) etc. I was introduced to other business owners at a seminar that is held weekly. I was given a tour of the web site, and got my questions answered. I understood and inform all prospects that this is not a "get rich quick" plan and that it takes effort, they are promised nothing but an option for mentorship and a proven system to help them develop their business. New registrants typically spend $180 to register and can get that full amount in return up to 6 months after registering if they decide to quit. I see no benefit of having prospects wait for seven days to register after they receive the info. Most people are excited upon seeing the opportunity and the success of people they can see weekly. To make them wait would not protect them, it would be viewed as an inconvenience and become a frustration. To have my name on a list for people to call is unnessessary. I have access to at least 6 meetings 4 nights a week in my area, where I introduce prospects to at least 10 people who have experienced some form of success in Quixtar. These people are above the average of $115 per month. I know personally, at least 20 people who are making $40-60,000 per year, minimum. Having people call me, adds more time I have to spend spinning my wheels. To provide a litigation list would be opening the door to more confusion. I have never had a serious prospect be even remotely interested in how many IBO's or Quixtar itself has been in litigation. Intelligent people are talking to the people involved. Income disclosure is something that every IBO deals with, the question "How much money have you made?" seems to be typical upon someone seeing the opportunity. I photocopy my check each month and keep a copy in my binder. If anyone asks, I hand them the copy of the check from the previous month. I know other IBO's do the same thing. My business "is what it is". I teach people what I did to reach that level. I don't embellish. Most people first look at the opportunity as a money making venture, but almost all continue their journey craving the mentorship and freindships this business develops. It is about so much more than income. To propose more sanctions would only tie the hands of the people trying to take advantage of a great opportunity. This is a simple business model, that with consistent effort and dilegence has rendered success to everyone I've seen follow simple success principles. I strive to KISS. Keep it simple, and I encourage every IBO in my business to do the same. Integrity is priceless. Even IBO's who have quit, have nothing but good things to say. I have spoken to people who know someone who has quit, not because they were misled, but because they changed the direction they wanted to go. Some even encourage new prospects to "give it a try."