|Received:||7/11/2006 5:24:55 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO just short of 2 years. My goal is to create residual income and pull myself out of debt, I hope to reach my next pin level within 2 months. Being an IBO is very convenient for me as to I choose the times and days that I work according to the other commitments that I have. I have 2 boys with mental illnesses that suppresses me from keeping a normal bucket job, so having the opportunity to work my own hours are a blessing! I have also learned a great deal with the tools availabel through the Legacy website that also helps me deal with my family and everyone else in a more positive and effecient way. It is nice to be able to dream of the posibilities instead of just trying to survive each day and from paycheck to paycheck. There are just too many side benefits to being an IBO to list in such a short time! I beleive that I had a perfect amt.of info when I registered. My upline actually told me WHEN they showed me the plan that this WAS NOT a way to get rich quick, and that impressed me, so whenever I show the plan, I make sure to disclose that, I also make sure that they know that things will not just happen without any work and effort on their part, and I make sure to tell them that there are no quarantees of success. I charge $348.00 to register, 51.50 for office online with the rest of the money towards introductory products for them to sample. How can we advertise by word of mouth when we haven't had the chance to sample them ourselves? I am against the 7 day waiting period for our business thrives by excitement! And if we waited the proposed 7 days, signed a new IBO, then they would have to wait 7 days, it just doesn't seem right that this business is above board and would be crippled by this new proposal! It would rob me of my excitement-that hurry up and wait thing-and I know that to someone new to the business could be devastated by this! Not to mention that they register with an automatic 100 points, and if they register in the last week of the month, they would not get the benefit of registering someone else and those points from products could not come through in the same month, then their check the next month is cut in size considerably! If a new IBO decides to get out of it, they can return all of their product for a full refund..almost $300.00. As for providing a list of 10 other IBOs..I know that I don't have the time to answer the phone 24 hours a day for reference, and my upline is even more challenged with time at the moment! And not to mention, what if MY prospects find that they like one of the other IBOs on my list better than me? What guarantee will I have that they don't sign with them? New IBOs do have the opportunity to meet all the other IBOs at functions that we attend, or if they jump in and help me when I am too stressed for time, I am not against that at all, my concern is that my name, address, and number is being given out to people that I don't know and possibly never will know, I beleive that that is a violation of my privacy, and to other IBOs privacy as well. As for a litigation list..do I get one when I walk into Walmart, Cosco, Target, etc.? I know I didn't get one when I came to this website to fill this form out. If this ends up being a requirement, be fair and make EVERYONE do it! I also believe that our income projections found in our plan book should be enough..I think it could severly cripple my business to have to disclose that I made around $300 last year, and have been in it 2 years..I would have to sit there and explain how little I actually worked this business last year, and they are going to get the idea that it's not worth it, irregardless of my reasons, witch are truly legitimate..and private-if you get my drift? I appreciate having the opportunity to be heard on these matters, and I do support you in anything that you come up with to stop scams, but please be considerate to my business, and disallow these things that could cripple my future as an IBO.