| Comment Number: | 522418-08758 |
| Received: | 7/13/2006 12:35:58 PM |
| Organization: | Loya Enterprises |
| Commenter: | Katelynn Loya |
| State: | MI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an active IBO since February of 2006. The goals I set are put into a plan of action upon setting them and they are pursued without fail. I am very happy with the results I get and with the help I receive from my mentors/up-line. The information I received upon registering as an IBO was enough to allow me an informative decision based on the facts that were displayed. When registering new IBO’s in my business they will also received the same amount or more than when I was registered so they can make an informative decision. If they choose to stop building the business after they are registered they will receive the money back that they put into getting registered and also any purchases they may have made up to six months after purchasing them and/or getting registered. If my prospects had to wait seven days before registering they would not get the same effect of starting out on the right foot than if they were registered right away. I believe that they would not think it worked, which is does, if they didn’t see immediate results with in the first week after seeing our model. I want my prospects to have the best opportunity and best success rate that they can have. By waiting a week this would discourage them and put their dreams on hold for more than just a week. They would not be able to register the people they wanted until a week after they told them what they were doing. That would not produce an income that I would want to have and an income they would not want to wait for. Time is of the essence and if they have to wait longer than is necessary then you are pulling the rug out from underneath the people who have waited long enough to be winning in life. The rule on providing references before registering is quite disturbing. First, I would not want my information being dulled out among people I may not see again who can use it to infringe upon my rights. Also, the time it would take to get ten references for every new prospect or business owner I would make would be quite detrimental to my business and me personally. My new IBO’s would meet my other business partners within one to two weeks before and after registering so they do not need a reference to someone they do not even know. Team and group involvement is essential to having a successful business and my new IBO’s would not be deprived of having the best opportunity to succeed. Thank you for hearing out my opinions and I pray that you will consider my opinions and the opinions of other IBO’s very carefully and with the best intent before making any decision. Thank you again. God Bless.