| Comment Number: | 522418-05185 |
| Received: | 6/29/2006 11:03:18 PM |
| Organization: | Reynolds Marketing |
| Commenter: | Dorothy Reynolds |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been a Quixtar IBO for 3 years now and it has been the most positive experience of my life. When I got started, I was extremely skeptical, but felt confident with the information provided and the FTC documentation I received as well as knowing Quixtar was in good standing with the BBB. As a physical therapist, wife and mother of 1, this business is very suitable for my needs and fits well into my busy schedule. I am consistently making around $300 extra/ month through the opportunity and have goals to increase to $1000 and then $2000/month within the next year. From the beginning, I have been taught to hold the utmost integrity with getting new people started in the business and allow people to make an educated decision to get started in our business opportunity. Because decisions to get started in this type of business is based on belief in themselves, the system and us as mentors, it would be extremely difficult to help people get started while they are excited if they had to wait 7 days. By the time 7 days pass for most people, they forget why they were ever excited to make a change in their life to begin with. Also, by providing too much information that has a negative conotation early on, people may choose to walk away from a great opportunity without ever experiencing the positives of this business. I stress to everyone I get started that this is not get rich quick and it does require work, but I don't see a benefit in sharing legal information about lawsuits up front that proabably will never affect the success of a prospect. Isn't that what the BBB information is for? Regarding providing a list of IBO's in the area: I don't feel there is much benefit in providing references of people that the prospect does not know or know anything about. It makes much more sense for the prospect to attend an open meeting like we have now (if they are serious about getting a business started) and meet other business owners in the area and the ones who may be working directly with them. Regarding disclosure of income: I feel that is a violation of my privacy to have to disclose my income to prospects. If I am hiring someone as a physical therapist (my background), it would be obsurd never expected for me to reveal my income in my full time endeavor. However, I could reveal the income potential as a physical therapist, with no guarantees, of course. This is exactly how I handle income potential as an IBO only revealing the FTC approved documentation numbers. I cannot guarantee or determine the amount of income someone may generate and it is not fair to base their success on mine, since our situations and backgrounds are probably different. In closing, I feel that the way we currently conduct business is fair and reasonable. The first meeting with someone, we check interest and compatability. Then, the prospect has the opportunity to meet other IBOs in the area and see the FTC approved business plan. We then follow up with them within the next 24 hours while the info is fresh in their minds and answer questions, address any concerns, and provide more credibility of the business itself by showing them around Quixtar.com and mapping out a plan of action with regard to their goals and then showing them how simple it really can be. At any time, they have the option to quit and get their money back, so they are not taking any big risk. We treat everyone with honesty and integriity and help those who want to be helped.