| Comment Number: | 522418-05674 |
| Received: | 7/2/2006 11:48:32 PM |
| Organization: | |
| Commenter: | Clayton Naluai |
| State: | HI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have been IBOs for 20 years and have total trust and appreciation for what the Quixtar opportunity has provided. We have been able to retire because of the income provided from our business and have helped others do the same. Please consider the following points concerning your FTC proposals. #1. A 7-day waiting period is unnecessary and penalizes a person from getting started when, in fact, he's already made a decision to do so. No one has to wait 7 days when they've decided to buy car insurance which costs more than registering as an IBO. #2. It's unncessary and counter to Free Enterprise to provide a list of IBOs to a contact before they register. The prospect has already formed a relationship with the IBO who made the initial contact. In business as usual, companies don't offer a list of their competitors to their prospective clinets. #3. It would be totally inappropriate to be required to offer prospects financial records. This should be on a totally voluntary basis. Other companies are not required to do the same before hiring any employees. As an entertainer, I never had to show my paycheck before hiring a musician. My wife never asked to see the principal's paycheck before being hired as a teacher at the school. #4 In conclusion, thanks for the chance to respond. Please do not penalize all of us for the sins of direct sell companies who were not ethical. Rather, look to the Quixtar Corp. as a great business model to follow. The Quixtar Corp. has stood the test of time, affecting us in a positive manner along with thousands around the world.