| Comment Number: | 522418-05533 |
| Received: | 7/1/2006 9:11:16 PM |
| Organization: | Davenport Enterprises |
| Commenter: | Derek Davenport |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom in the FTC, it may concern, I have been an IBO since August 2002. My first goal was to make additional monthly income, through being an IBO. (i.e. I have been able to switch my point of purchase for my own household consumables and through Davenport Enterprises (DE) I have been able to make from $150 to $500 dollars a month). Through DE my next goal is to teach any and all others how to duplicate what I have done. This is very easy to do. Other benefits are the self help and personal improvement plan that is offered and available to all IBOs that are parthened with World Wide Group (WWG).WWG helps teach IBOs and give them the support they need to run a strong and profitable business. When I registered as an IBO I recieved plenty of information to make an informed decision, and when I tell others of this opportunity I try to give them all information that they need to do the same. I tell all prospects that this business model requires a lot of work and is not for the faint of heart. It is not get rich quick scheme or plan. To register as an IBO requires a total money expenditure of no more than $250.00. This includes the basic registrationn fee and all busines tools to start and run a strong and profitable business. I tell tell that their is no guarantee of success; but in order for them to increase the odds of sucess with their own bussiness they must do all the hard work, necessary as taught by this business model, under WWG. Any and all IBOs can get a complete refund of their registration/sign up fee if they should decide to no longer participate in this business model. And further more, if that IBO has developed any kind of business volumn and/or organization, they can sell that back to the main affilate company, called Quixtar, for cash money. A seven (7) day waitng period is not necessary for any prospects because of the fact that any prospect can get a full refund for their sign up fee. Plus, a 7 day waiting period would hinder the business building process because many prospects may not want to wait to begin ownership in starting their own business. And many of those prospects would be hindered and therfore discourged if they had to wait, especially since one very important aspect of this business is network referrals. If the prospect knew of other people that were also looking for a business opportunity, as this one, and the pros[ects' prospects had to wait seven days this would stiffle the growth potential of any one business and thus have a chilling effect on the small enterpenur and the growth of their organization. It is not necessary to require references for prospects b/c their are many formal business meetings where prospects can go and meet other people that are also successfully involved in their own business. To provide references to prospects is not fair to the individual that made the initial contact because the prospect may decide to register with one of the references instead of the initail contacting IBO, and this would not be fair to the initail contacting IBO. Besides, all this it would be an invasion of my privacy if my name address and phone number were on a list for strangers to to call me. I WOULD NOT LIKE THAT..... AT ALL. It would not be approprate for a propect to learn of my income from having DE because of the fact that different people can conceive of inaccurate perceptions of the work that it took or would take to get to that level of yearly income. Even though this business model does have simple duplication involved, by no means is a good idea to let the prosect know about my income; b/c I can not gurantee what kind of sucess they would have. They may do as well as me; they may do worse; or they may do much, much better. How they do and the income they generate would depend on so many, many variable that would be outside the control of them and their sponser; Let alone all the variables that they do have control of.