| Comment Number: | 522418-08362 |
| Received: | 7/12/2006 4:53:36 PM |
| Organization: | J.D.H. Enterprises within The Quixtar Organization |
| Commenter: | Jerome Hogan |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sirs, I have been an IBO for 3 years. When I first saw the business plan from my financial planner friend, I was out of work with no goals in sight. Now my goals are for my wife and I to become financially free and never have to work jobs again. The Quixtar business model not only provides a way to generate income through private franchizing, it helps you learn to help other people have better lives. I have become a Christian as a direct result of the first class mentorship program and now I regularly lead people to Jesus both inside and out of my business. My current monthly income through my business is $200.00 to $300.00, which I share with my prospective business partners if they ask. This may not seem like a large amount, but it is more than we ever received when buying from any of the local stores, we save gas and the most valuable thing any of us have, time, by shopping on-line, plus it all comes to our front door. When I was registered I did not fully understand the business, but I did trust my sponsor as he answered all my questions and provided all the information concerning income and money back guarantees. I was given written information explaining the entire business including the average IBO income and the obtainable levels of income if I was willing to work. We still do it this way. When I meet new people it is up to me to begin to build a trust between us and to be sure that I am fully honest as I plan on working with them for many years to come, so I explain that this is not a get rich quick type of business, or a pyramid business and that this business will require them to work to become successfull. Nothing in life is free, except Salvation and it costs to share that with the world. The cost to begin in our business plan is $178.00 which includes the business registration along with some optional energy products that the person can consume or sample out to get their business growing, but the most important thing they get is me, a dedicated business partner/mentor that is willing to invest my personal time, money and energy into them so they can have a better life. A seven day waiting period would not provide any benifit to my potential business partners as they already have a 6 month money back guarantee, plus the fact that if they don't believe this business is for them, I don't want to waste my time trying to convince them it is. People do exactly what they want to do, every time. When people are excited about becomming a business partner with me, they want it now, not 7 days later. We personally, physically help people start their business, so a 7 day waiting period would burden us in mileage and wasted time. The references requirement is not something I feel is needed. I remember how I was when I started and I would not have believed any more because a sheet of paper was given to me with supposed successfull people on it. I believed my sponsor because I knew him. I also saw other people just like us building businesses and telling about it. I really don't want my name, address and other personal info given to people I may never meet, do you? The litigation list is an invitation to people to file more useless lawsuits and we have more than enough of that today. Does Wal-mart have their greeters give each person entering their store a list of all the lawsuits against them each year, come on this one is really quite silly. If you look for negative you will find it, if you look for positive you will find it! The choice is yours! The bottom line is: The Quixtar business model is sound, it does work for those people that are willing to work and it is presented in a open, honest, complete format. We help people if they want our help. Quiters don't make money at anything, not even a job if they quit it. Thanks for your time, GOD bless, Respectfully, Jerome A Hogan