| Comment Number: | 522418-07312 |
| Received: | 7/10/2006 1:04:06 PM |
| Organization: | Quixtar |
| Commenter: | Kathryn van Asselt |
| State: | CO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an Independent Business Owner (IBO) with Quixtar for 3 years. The opportunity has been a blessing both financially and personally. This is a legitimate company with honest IBO's. I am concerned about the proposed rulemaking. A 7 day wait period would delay the opportunity to generate income, which is the primary goal of any new IBO or prospect. Prospects are already encouraged to hear from local IBO’s who have been successful in the business. Adding the requirement to force conversations (recommendations) would deter from the progress that can be made for the new prospect. Providing a Litigation List upon registration (or at the Business Presentation) is unnecessary. Any large corporation has litigation and when a major company brings in any new partner or employee companies do not provide a list of all litigations. Making this requirement would be unreasonable and hinder the hope for success with new IBO’s. With Quixtar, we already state earning averages. When I sponsor new IBO’s they understand this is not a “get rich quick” but that they will have to work in order to get financial results. More litigation surrounding this concern would be superfluous. I have made over a hundred dollars (monthly) since working with Quixtar. I am proud of my accomplishments but do not feel it would be appropriate to share my personal income information with a new prospect. With this business, unlike traditional businesses, it does not matter how much the sponsor earns or does not earn. The income for the new prospect is determined by his/her personal business production, not the income of the sponsor. I understand there are illegitimate networking companies but Quixtar is a fair, honest opportunity for everyone. Please do not make suggestions to hurt the success of my business in an erroneous attempt to stop illegal and dishonest people. It would damage my opportunity to help others increase their monthly income and personal development. Sincerely, Kathryn W. van Asselt, Ph.D.