|Received:||7/13/2006 2:37:53 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We’ve owned our own business affiliated with Quixtar.com since its inception. Our business team has consistently moved between $5,000 and $10,000 of product each month for many years. We are in process of developing our team to exceed $25,000 a month in sales with in the next year. We are very fortunate to have found a business model that allows us to maintain our current lifestyle and profession while being able to spend a modest amount of time developing an asset to meet our ultimate lifestyle choices in the future. Certainly the monetary benefits is what initially intrigued us to start our own business, but as we learn about developing character, learning and applying ethics and integrity, goal setting, and people skills, we realize we’re not only benefiting from the money, but how to be better people and how to better serve our community. We were unsure if we would succeed when we registered, but we felt that with the information that was provided to us, we were able to make an educated decision that led to the start of our business. It is our goal and commitments to ensure anyone we sponsor are granted that courtesy so they understand it’s not a "get rich quick" plan. The great news is that the startup costs are so little, especially compared to tradition businesses. Typically, the startup is $137 including tax and shipping and includes a great sampling of popular products and the startup costs are fully refundable if they change their mind. The requirement of a seven-day waiting period would slow down our growth of our business as well as the business of the new business owner. Since Quixtar.com offers a fully money back guarantee, there is no need to have a buffer period. Additionally, it would ad additional expense to travel a second time to accomplish the registration when the prospect was ready to register during the initial decision making process. The requirement to provide references could adversely affect the growth and results of our business. If we have to refer our candidate to another IBO, the candidate may feel that if the person is qualified to be a reference they may be more successful and chose to align their business with the reference instead of us. We also are not in favor our releasing our address and phone numbers to people we haven’t built trust with. We offer and encourage our prospects to meet other IBO’s at our business presentations. The requirement to provide a "litigation list" is going to make Quixtar.com more of target. If I’m an unethical competitor in the direct selling market, it would behoove me to create bogus lawsuits to give the appearance that Quixtar.com is a bad company. This could really deter prospective owners from getting involved in a top notch company because it has outstanding litigations that haven’t been resolved. The requirement for specific earnings disclosures is not going help anyone reach their full potential. We feel that the best case scenario is the most important income disclosure. Averages are skewed by under achievers and don’t represent the full income potential available. Since we’re not presenting the Quixtar opportunity as a get rich quick scheme, a disclosure of the income based on the results achieved would be the fairest presentation. The requirement for financial substantiation is not an effective means of “proving” income claims. If a person is dishonest enough to lie about income, what is to prevent them from creating a fictitious document substantiating the lie? While we agree that misleading or false income claims should not be tolerated, the personal achievement of a sponsor is not an indication of the potential achievement of another. Sharing ones specific finances is a personal matter and not appropriate to mandating.