| Comment Number: | 522418-07951 |
| Received: | 7/12/2006 2:16:35 AM |
| Organization: | Quixtar |
| Commenter: | lee mccoy |
| State: | NE |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO with quixtar for a little over 4 years. I have ment my goal of developing a $400-500 per/month income. My next goal is platinum and an extra $2500 per/month. The quixtar business has enhanced every area of my life from my dayjob as a construction worker to my marriage. I feel I am being taught by the leaders of quixtar that success in all areas of life is very important. I am a firm believer in God and I love the fact that many leaders encourage a strong spiritual relationship with God. When I was registered into quixtar I recieved more than sufficient information to make an educated desicion. I was told to cpntact the Better business burea and the Federal Trade Commission to legitimize the opportunity. I was told that the startup cost of $131.00 and all education material of $100.00 have a 100% buy back policy for up to 6 months. Whenever I sponser someon else I explain the exact same thing to them. In fact I have had many people exercise their right to get their money back. My prospects are told that this is not an easy business. A very simple business, Yes, but easy, definitely not. This is a business of their own and success or income is not guaranteed. It depends on their effort. I give them examples of individuals on my team that have been successful through hard work and others that have not. A 7 day waiting period to register is only going to turn people off to the opportunity presented to them. It would slow the growth of a quixtar business down tremendously. I cannot see that this would serve any purpose, especially since thier is a 100% money back garantee for 6 months. A 7 day waiting period would mean that the future business owner would continue to spend money in the marketplace that he/she could be spending through their own business and be getting a percentage of thier spendings. If we are required to give names and numbers and address's of 10 other ibo's, I feel that this would violate peoples privacy including my own. If we don't get to pick the ibo's that they talk to, their is a chance that someone would try steal them from me. We are taught by quixtar and our business teams to introduce our prospects to as many people as we can, with as many different backrounds as possible, usually done at our local weekly business meetings. But also possible thru the many audio cd's and dvds and quarterly seminars that are hosted by the business team. The requirement to provide a litigation list is bogus and ridiculous. It totally cheapens the entire business to have such rules placed on them. Quixtar is made up of millions of ibos with millions of different backrounds. Most good, but some bad I'm sure. It is not fair for me to have to show my prospect all the unethical ways that people have tried to make money with quixtar. It is also ridiculous that I might have to show them every lawsuit filed on our company, even without merit. Every job that I have ever held has not been required to show me every lawsuit filed on their company. Just because we are independant business owners doesn't mean we should be required to show prospects litigation and filed lawsuits that every large company in the world deals with everyday, but isn't required to show their employees or investors. The requirements for specific income disclosures is not necessary at all. the 6-4-2 business plan is laid out pretty simply and all over everything is the average monthly gross income of 115.00. I think that this average on our paperwork is a good thing to have, but I don't think that a printout of everyones listed income is right. What right does a prospect have to know everyones listed incomes. Everyone gets into the business for thier own goals and dreams and if an upline has small goals and dreams than the downline may decide to not pursue a business opportunity that would greatly benifit them financially and/or otherwise. I never lie to anyone, If they ask, I tell them how much I make monthly and/or yearly.