| Comment Number: | 522418-07396 |
| Received: | 7/10/2006 6:23:24 PM |
| Organization: | |
| Commenter: | frank allred |
| State: | UT |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Hi my name is frank allred and i have been a (IBO) independent business owner in quixtar for about 3.5 years now.I can not tell you how much this business has changed my life.It has changed it so much to the money we make to the the great people in this business to the personal development of me and my family and the advancement of free enterprise in this country.I want to let you know that i was completly informed when i registered in this business and that i inform my prospects the same way that i was informed,and that way is informing them that this is NOT a "get rich quick shceme" and that didication and hard work are required, just as in any legitament business,and that there are no guarantees of success.next i would like to adress the proposal on the 7 day waiting period and how adversly this would affect my business in the area of profitabilty. If a prospect decides this oppertunity is right for him and becomes a IBO he must wait 7 days to register a family member or a friend.In the intrest of time and money this can really become a burdan on the prospect, and therefore affecting him negitively.next i want to talk about diclosure of personal information to prospects,I believe this would violate an IBO privicy. In less i give them my information directly i would not support this.also these are independant bussiness not ONE bussiness.I certanly would not want people to know my assets in this world of litigation.we also provide prospects now with an average monthly gross income form called a sa-4400 and explain what the average in come is.thanks for your time