|Received:||7/5/2006 12:21:39 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My Wife and I have been in business for more than 30 years, the last 20 years we have been qualified Platinum's or above. Quixtar provides a significant portion of our current family income. Providing for two college educations, 2 weddings, travel to many exotic destinations, and allowing both daughters to learn by doing how to successfully own and operate a business of their own. Both are in our business today, the only business We would recommend to them. I came from a corporate career, my wife from a legal background, entering into any business requires due diligence on both parties. We as established business owners are looking for ambitious people, exhibiting a good work ethic who are trustworthy and responsible to their word. We do not feel it in anyone's best interest to have a prescribed waiting period. That implies something is wrong from the start and would compromise the relationship of mutual trust we are building at the very beginning. We explain to all that this is not 'get rich quick scheme' but takes work and committment to learning sound business princples. Cost to register is approximately $150 and has 100% money back guarantee. We provide a mentorship training and support system which is optional and available as their business grows. Giving prospects names, addresses and phone numbers, of other IBO's would be akin to committing business suicide. From personal experience this invites the imposter to enter your business just to get names and numbers and then seduce those IBO's into a scam or confuse them into apathy and attrition. This practice should be illegal and I would refuse the use of any of my information. We do encourage prospects to meet and get questions answered by members of our team, but in a controlled environment, team meeting or seminar, this usually weeds out the con artist. Burdening prospects with 10 years of lawsuits is unusual and cruel punishment for both prospect and IBO alike. Again this will only invite false claims from the small minded critic and competitor alike. While the illegal business would ignore and change business name and location before ever being sued. This practice would also create doubt in the legitimate business owners mind, would any employer hand his new hire a 10 year package of all the lawsuits? not unless he was 'going out of business' ! On the matter of disclosing income. I feel we have an excellent example in the SA4400, approved by the FTC, Keep it Simple, Average Monthly Gross Income of 'active IBO'. Income is private and personal, under promise, let reality be greater, a pleasant suprise in a supersized, instant gratification world.