Comment Number: 522418-06837
Received: 7/7/2006 4:57:31 PM
Organization: Evors International
Commenter: Michael Evors
State: FL
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

First and foremost, I cannot express in words how the Quixtar opportunity and it's distributors have changed my life. I come from a family of contractors who have all worked to the day of their death because they had no other financial option but to work. I now have the opportunity to break the chain of poverty and negativity in my family. I have learned more about success principals, goal setting, having a PMA, wealth mentality, and Free Enterprise in the 3 1/2 years of being an IBO than all the years of school education I have received. Before I registered, my sponsoring IBO met with me many times one on one to give me information and answer questions. He introduced me to local success and other IBOs on his team. He also told me that this was a real business and that it was not get rich quick; that it would take time and effort. He also told me that registering my business would be an investment of around $200.00 and that it was fully refundable up to six months if I found this was not for me. Because of what my sponsor did for me, I received enough information to make an informed decision to get started and I go through the same process with every prospect I have. The Quixtar business model is made to be built fast which is incredible because you can earn back your initial startup costs very quickly. This is wonderful for those who do not have much expendable income to get started with. If a seven-day waiting period was imposed, it would deter a lot of people from getting started. I can't stress how vital it is to get a new IBO success right away so they know the business can work for them. It should be the responsibility of the sponsoring IBO to lead the prospect to the correct information and the responsibility of the prospect to research the information for themselves. When it comes to producing references: IBOs are not applying for a job with their prospects and should not be made to do this. We have weekly business seminars that prospects can attend and meet as many local business owners as they want. As an IBO, my business building time is after a full day of work. I have limited evening time to build my business and it would put a huge damper on my growth if I had to answer reference calls all evening. Producing past litigations to prospects is unprofessional and should be left private among only those parties involved. There are a lot of unmerited suits filed which could possibly mislead and disinform a prospect. Prospects know that anything great always comes under attack. Look at Walmart. They are sued every 8 hours, but there is nothing illegal about their business. Disclosing the financial records of an IBO to their prospects is very unprofessional and private. John Q. Public is not allowed to access your personal bank records so neither should a prospect. We are very clear in informing a prospect that their income will be in direct proportion to their own effort and that their sponsoring IBO's income is in no way a reflection of their own earning potential. In closing, I do agree with creating a level playing field by requiring clear, simple, and standardized income disclosures to all direect sellers and their prospects. Our 6-4-2 marketing plan already shows the very bare minimum income potential at each level of achievement. I was not mislead as to the earning potential, and as a matter of fact, all income I have made has exceeded what I was told I would make. Please, by all means, clamp down on disreputable businessess and pyramid schemes, but don't impose limits on the good and reputable. Thank you for your consideration of my comments