| Comment Number: | 522418-05897 |
| Received: | 7/4/2006 10:24:55 AM |
| Organization: | Global Enterprises |
| Commenter: | Paul Bergoffen |
| State: | MA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have been Independent Business Owners since 1981 and have enjoyed the process in place to help others reach a desireable level of success similar to our own. It has been a positive experience. Please consider the following input: The present legal guidelines which Quixtar has followed and subscribed to has given us the framework to build successful businesses with legality and integrity. There are inherent problems with the proposed rulings (16 CFR Part 437) that we believe could "cripple" our sponsoring into this great business opportunity. Re: 7 day ruling: momentum would be affected; additional expenses would be incurred that would be travel related; and the feature of immediate income for newly registered IBOs would be put on the back burner. Many of our new people have commented on the "microwave" feature of beginning their paths to profit. Re: Providing References: the privacy issue would be of concern here, as would the encouragement for the newest person to seek advice from people who would not be in their direct line of support. McDonalds can best be served by consulting with the McDonalds support team, not Burger King. Re: Litigation: there is enough trash and misrepresentation on the web now- why foster the exposure? We have always built our business with integrity that is backed fully with positive literature and rulings. Personal credibility usually shines through in the eyes of our prospects..Re: Financial substantiation: In our opinion this would be totally inappropriate and would be an invasion of privacy. I have never based my opinionn on the income of the person presenting an idea to me- but rather the wealth and/or quality of his information. This would further handicap new people who are only beginning to earn. Your consideration of these thoughts would be greatly appreciated. Thank you in advance for your time..