Comment Number: 522418-07208
Received: 7/9/2006 10:05:33 PM
Organization: Gala Team/BWW
Commenter: JOhn Letizia
State: NJ
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I have been a Quixtar IBO for six years. During this time I have been a part of a growing team here in NJ.There have been many been several benefits. We make money! We also have made lasting friendships in our business.I have become a better parent and spouse through our system,my wife and I spend more quality time together. I am definitely more confident at my job and with other relationships outside of the business. It took several meetings but I received all the information I needed to make a quality decision. I follow the same process when I sponsor a new IBO.The business plan I show includes the 6-4-2 Plan as approved by the FTC.I also make sure to let people know the average IBO's income. Part of the process is to let prospects know what is required and what I recommend to get started. Usually I recommend at registration a product pack, pulication package and BWW starter kit which is about $250 but its their choice. I explain the value of each option. IN my presentation I just say there are some options but a money back warranty is given on everything for 3 months. In my business I believe that a waiting period of 7 days is normal anyway. Most people need time,I did. It took me several meetings over a few weeks to register. I don't believe there should be a definite 7 day period because now I know the importance of making decisions in a timely way.Some people can make decisions quickly and move on just as quick. Excitement is extremely important in this whole process and critical for anyone starting a business.Any delays by rule would add confusion to the new person.The corporation warrantees the money /investment so there is "No Risk". Prospecting is Hard Work. Most new IBO's don't understand this part.I do give references, my upline are my references. I always promote my upline to my prospects. Outside of that I believe that when I do the work I should be the one who gets paid. Others who build Quixtar outside of my organization should have the same rights as they do now. We have many different associations that can benefit a new person and many times this can help in the decision making process. I always recommend to a prospect to associate with people building the business but only ask questions to your upline because they have a vested interest in your success. Everybody gets sued these days it shouldn't always be news but some people thrive on this. They usually Don'T GET started. Association is the cure for this problem.When People are involved Perfection is out.I am against airing out all the dirty laundry but this is a sticky subject. Income and full disclosure is important. The plan with the numbers is so important. Average numbers should be revealed. My income from the business is not revelant to their success in the business.It's business there are no guarantees.Work ethic is critical to success but this a very forgiving business. I definitely promise to help them over the coming months.Because I've been in the business longer I know what to do but I edify someone in my upline who has had an impact on me and is where I want to be in life/business.I expain that this person is helping me and can also work with you.