|Received:||7/12/2006 11:44:31 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO since 1996. First with Amway then Quixtar. I have not reached my final goal; however, I have had tremendous personal growth by being involved with this business opportunity and continue to strive to reach my final goal. I received enough information to make a decision as to register or not. I supply my prospects with the same information and any other information they request. I was told it is not a "get rich quick" plan and I make sure my prospects know the amount of money they make is dependent upon the amount of work they put in. A waiting period of 7 days is not necessary, especially since the registration fee will be returned if they are not happy with their decision. That being said, I see no benefit to waiting 7 days. A 7 day waiting period would be a waste of time. Extreme privacy issues arise with suppling any lists of IBO's, litigations and exact monies earned. While I do not specifically point out the average gross monthly income, it is included with the materials I provide a new IBO. If asked directly, I tell the prospect the amount and show them where it is listed on the material. I am against the proposed changes to the FTC rule. It would be next to impossible to provide all the information the changes would require and prevent me from conducting my business efficiently. It would decrease my profitablity and intrude on my privacy.