| Comment Number: | 522418-08134 |
| Received: | 7/12/2006 12:36:51 PM |
| Organization: | Quixtar |
| Commenter: | William Shuart |
| State: | VA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am an Independant Business Owner powerd by Quixtar. My wife and I have been IBO's since 2004 (almost 3 years now), and we are currently very active in our business. The Quixtar business opportunity should be used as a benchmark to compare other similar businesses against and I'll start off by saying this is an 'opportunity', not a job. This is becuase IBO's have access to over 1000+ companies (some of the being fortune 500's) and Alticore is always undergoing changes to make this opportunity better for potential business owners in the future. Being an IBO powered by Quixtar, the currently proposed rules would siginificantly increase the workload in our business while also putting our personal information at risk. As a consumer, we understand the need to protect individuals from poorly mananged and arranged businesses. However, the following items that are listed in this document are harmful to current and future IBO's who do operate their businesses with integrity and accountability. When offering the Quixtar opportunity, the prospects we meet with completely understand this is not a job, and understand it will take work to be successful. The prospect is also informed that it is their business and they can either follow our training program, or not and it is up to them if they would like help from people who are already sucessful in the Quixtar business. They also understand this is not a 'get rich quick' opportunity like they may have seen someplace else, and the registration cost of our business (about $170.00) is fully refundable within 6 months. I even tell prospects that I wish the business cost $1,000 or $1,500 to start because I don't think most people take the power of this business serious enough. Becuase of the nature of our business, waiting 7 days to register a prospect might incur hundreds of dollars and wasted time for an IBO especially if the prospect is at a distance. Because of the Money Back guarentee offered by quixtar, including a 6month gurantee on all of the products a prospect does not have to worry about registering, knowing they can get a FULL refund (including shipping). If I was to be used as a reference for prospects to call me and ask my experience with Quixtar, I would spend hours on the phone all day loosing productivity and incurring cellphone costs, etc. Our business team already holds weekly workshops that introduce prospects to the business plan and they can meet with other IBO's at that time. becuase of the quixtar business plan, any income statements should not be shared becuase every business is structured differently. Also, if an IBO shares their income statements with a prospect, the prospect could be offended by the statement and not beleive they could achieve the same income. We are all different and should not bias an individual to what someone else has already done. When meeting with a prospect, we never share our income numbers with them. We share lifestyle of other IBO's that we work with to illustrate examples and things that they have achieved through this opportunity I would like to discuss these matters in more detail and would like to comment further on a number of these bulletins. I believe that the FTC should guard against illegal, unethical, and immoral business ventures. We work with a billion dollar corporation that has a great track record and is getting better all the time. The main aspect that everyone needs to understand is that with all legitimate busnesses, whether it is a McDonald's or a home based business, they all take WORK. Most would rather have money sent to them and not do anything for it. Those are the people that file complaints about everyone else and never admit they just didn't 'work' the opportunity. Please feel free to contact me regarding these comments or if you would like any in depth explanation on these subjects.