| Comment Number: | 522418-08330 |
| Received: | 7/12/2006 4:13:51 PM |
| Organization: | T.L. Enterprises (Quixtar I.B.O.) |
| Commenter: | Tege Lewis |
| State: | IN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
1. Prohibiting prospects from registering for 7 days. Anyone in any type of sales "knows" that you should follow up in 24-48 hours. If this is the case, then every insurance agent that meets with a possible client would have to wait seven days to sell them their insurance products!! That is not good business practice. I was a college coach, and when we got a recruit excited after a visit, we got on him immediately!! Otherwise he might visit another school in the aftermath and go elsewhere. Many opportunities are based on "timing and a thin thread", therefore I believe the "7 day hold period" would be unacceptable for Quixtar I.B.O.'s. 2. Require a list of references. -- Again, back to my coaching analogy. So if I wanted to be a head coach, I should get names of all the area head coaches and get their feedback on the profession. Regardless of whether they have had 3 losing seasons in a row!!! WRONG!! I'm going to talk to the head coaches that have been successful!! It's the same with our business. If you enforce this rule, you will have possible I.B.O's talking to "inactive IBO's" that DIDN'T work the business. I get new IBO's around the successful people!! That is just "common sense" for any profession or business!! 3. Income claims: When we show the plan, the ONLY income claims we make are the ones you , the FTC allows us to make!!!! 150K in 2-5 years IF you complete the marketing plan like we show!!! 4. Income substantiation: I'm not sure exactly what this means, except for the fact that you can go to Quixtar.com and see what the different bonuses are. Thanks for your time, Tege and Tricia Lewis