Comment Number: 522418-06317
Received: 7/5/2006 11:00:31 PM
Organization:
Commenter: Andrew Severein
State: PA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

The idea of a 7 day waiting period to become enrolled in some of these MLM companies sounds like a good idea. I see many young couples that are naive being talked into these companies on the spot without having the chance to research all angles of the business, thus being pushed into making an uniformed decision that ultimatly ends up costing lots of money. I have been personally "attacked" by some pretty slick but greasy MLM people that just wont quit without a signature. In my younger more naive days I signed on to a company that did not in any way advertise the amount of money involved in "educating" myself to do better. After spending nearly$350 on educating myself and not learning anything about the comapany but the rewards that could be had with a few hours a week i realized that I was to broke to continue. I have saved many young folks from making the same mistake I hope. I try to stay informed now on what is happening especially Quixtar (Amway) which seems to be making its rounds fairly heavily in our area right now.