| Comment Number: | 522418-06885 |
| Received: | 7/7/2006 8:34:09 PM |
| Organization: | World Wide Dream Builders |
| Commenter: | Jeff Heilman |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it may concern, I'd like first of all to personally thank who ever is taking the time to actually read this letter. This is the first time in my 12 years experience as an Amway Distributor/Quixtar IBO that I've found an important enough topic to write about to my federal legislature representatives. I do hope to make a few brief points. These points would never be received if it were not for you, sir or mam. First, I'd like to commend the FTC for making continued efforts to provide wide spread knowledge and favoritism toward the propagation of legitimate business opportunities vs. those who misrepresent facts, figures, opportunities, or who have in mind any agenda contrary to prospect's long and short term best interests. Developing my own business based on the Quixtar wholesale referal model has been the single most important decision of my business career. The FTC investigation in the mid 1970's had a major impact on my viewing Amway and then Quixtar as a legitimate manufacturer w/an innovative compensation plan for referals. After doing my own homework and deciding to build my own business, the income, leadership principles, and family values I've adopted into my own life have been of paramount importance in my development as an American Citizen, a husband, a father, an employee, an entreprenuer, and an employer. It is due to the FTC's findings that Amway/Quixtar is a legitimate and legal business entity that I've been able to enjoy the freedom to build my own business unencumbered by overhead, a boss, lots of employees, or other potential challenges associated with owning a "traditional" retail store/brokerage firm. I would now like to comment on the proposed Business Opportunity Rule as it would relate to my personal business if it passed: 1. Our organization (herin to be refered to as "we") follows the "Golden Rule", but we do so volunarily, and we prosper because of it. We present information to our prospects honestly and legally as we're taught and continually retrained to present by our training organization World Wide Dream Builders (herin to be refered to as "WWDB"). We present all prospects with an approved FTC WSA-4400 document and the appropriate PFR materials from WWDB and have done so with all of our presentations for the past 12 years. We make available the Quixtar business compendium and discuss BBB information for further research by interested parties. Also online resources are made available as well as personal contact information and references for people who are still further interested in doing their homework. We don't make claims regarding income other than the absolute minimums one could expect to make at the acheivement levels we present which are backed up by FTC and Quixtar documentation. Because of this integrity- based-approach our organization has always prospered and our IBO's enjoy the freedom to pursue consumption of and referal of manufactured goods at wholesale prices through Quixtar. 2. Can and should private ethical business practices be enforced by the Federal government? And if so at what cost? I would agree that the people/businesses who are dishonest and have their own personal agenda's placed above those of their prospects best interests, should be weeded out. The public has a right to access the most up-to-date and correct information about any opportunity, job, business or otherwise. But shouldn't the free marketplace continue to be the judge, jury and executioner? By allowing free market competition, business both inside and outside our organization who base their offerings on integrity will win out over businesses who do not. The Quixtar wholesale opportunity costs $50 to join, with nothing further required. This is a 100% refundable membership fee. Would America benifit from a 7 day waiting period to join Costco so that the government could enforce ethical practices before it allows wholesale access to manufactured goods? C'mon