Comment Number: 522418-08562
Received: 7/12/2006 11:57:38 PM
Organization: Quixtar
Commenter: Shane Justice
State: AL
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I have been a registered IBO with Quixtar for a little over two years. While I have not made much money with this opportunity as of yet, I have no one to blame but myself. I recently figured a few things out that I feel will help propel my business to the next level, and look forward to my future success. I commend the FTC for their goal of making sure that the public has all of the information it needs to understand business opportunities such as ours when presented to them. Uncovering scams and schemes that give us a bad name is a top priority of mine as well. That being said, I don't feel like I'm in Quixtar, I feel like I am Quixtar. I try to be a good example of the corporation wherever I go, and let everyone know that I'm proud to be involved with such an upstanding company. When I was presented the opportunity, the man who would later become my sponsor asked me if it all made sense. I told him that I think I understood most of it, but I would like some more information. He informed me that he was on his way to a business presentation where there would be some successful people and a chance to get some more info. I took the opportunity, and went to the presentation. By the end of the night, I had a much greater clarification of what this business had to offer. I knew this was going to be a lot of hard work, I knew there had been success with the business, and I knew I wanted to give this a shot. I told my sponsor to give a little bit of time to the registration money together, and I was ready to get started. I understood out of the gate that was not a "get rich quick” scheme, because I was told at that first meeting. I never felt pressured, and I made up my own mind. I think if I would have been made to wait seven days before I was allowed to get started, I might have lost interest and never started building my business. This only leads me to the conclusion that other “prospects” out there may be the same way. I couldn't imagine my life without the people in my upline, and would hate to think that anyone might miss out on these kinds of friendships because they were made to wait. When someone on our team has a guest at a meeting that is interested in getting more information, we provide them with some cd's, occasionally a book like "Rich Dad, Poor Dad", and an information packet. Inside this packet is a DVD with tons of info on the company from people in the company, as well as important people in our partner companies such as Circuit City. The packet also comes with several sheets with information concerning the average IBO income, FAQ's, and much more. Any products they decide to purchase have a 100% money back guarantee, and these are just a few of the ways we try to ease a new "prospects" concerns, and to help them make an informed decision. A rule that would require business owners to provide prospects a list of 10 IBO's for contact purposes would be an intrusion on so many levels. Many people who work with us have full time jobs, have active businesses, and family lives to attend to. Imagine the added difficulty of having to add an unknown amount of phone calls from people who want to know everything you've ever heard or done with your business, it just wouldn't work. To expect someone to disclose their income in any endeavor is a violation of privacy. If someone asks me how much I make at my job, I assume they are rude, and/or nosey and do not associate with them much. We always disclose the avg. IBO income. Whether I make more or less is none of anyone’s business but mine, God's, and the IRS. I'm really glad the FTC is setting out to help business owners like myself, by rooting out the scams, and helping keep this type of business a good name, I just feel the proposal needs some work. Thank you for the opportunity to let you know how I feel. Sincerely, Shane Justice IBO# 3749055 Quixtar