|Received:||7/3/2006 8:34:33 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO since quixtar started, and while I haven't made an enormous amount of money, I haven't had to work for anyone else since retiring as a Pharmacist. I have also enjoyed the friendship and relationships with some of the finest people in the world. The proposed ruling as it stands would put an unreasonable burden on people like me, and I feel, would cause a large amount of people not to pursue the opportunity at all. The 7 day waiting period would cause the shy ones to never start, or change their minds and miss the opportunity, especially with a legitimate opportunity where they can get all their money back anyway. The requirement for references is unnecessary. Some of us who have small businesses would have to refer people in other organizations and that would violate their privacy. You may end up talking on the phone all day and never be able to build your business. To provide a litigation list in not needed. Quixtar, and other IBO's would be exposed to many unfounded accusations. Besides, most of us wouldn't know how to find them. As to providing people with specific earnings disclosures, I always make sure they know this is an opportunity and the amount they earn is related to their willingness to work and learn. I talk to them about the average earnings, but what they earn is related to their effort. There is no need to provide financial substantiations other than that published by Quixtar The intent of this legislation is good. It will help all legitimate business. However, some of these proposed rulings would cause many people to leave the business, or never start. I hope this makes since to you and will be of help.