| Comment Number: | 522418-08919 |
| Received: | 7/13/2006 5:19:13 PM |
| Organization: | Quixtar |
| Commenter: | Charles Muratore |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The new proposal, I'm sure is with good intent, however there are better solutions at hand for all parties to reach their goals. I'm sure that the Federal Trade Commission's goal is to expand free trade in a secure environment where the truth prevails, and business flourishes. I've been a member of Quixtar for 5 months now, and it has changed my financial life forever. I'm 22 years old, and this is my career for financial independence. When I registered, I had an extrodinary amount of information presented to me, all from valid sources such as your organization the FTC to ensure that I would be involved in a legit operation. I had dozens of other credible sources, a literature pack reviewing numbers and figures, and was presented the opportunity to listen and meet other Independent Business Owners in the organization. All prospects that I speak with have full knowledge that this is a business opportunity, and business is a different arena than that of the employee world. They are aware that it takes work, and its not "get rich quick". I insist upon this point to ensure my prospect has the desire to be in business for themselves. They know it is 50 dollars to register, and we sugest that the best way to get started is to get to know some of their products and to get started with some literature and cd's. It is all completely refundable, and they are fully aware of this. The total is a sugested 250, with regestration starter bundle and kit. The 200 is optional. If prospects had to wait, this would dramatically effect my business mostly because we search through a large amount of people to find the ones who have ambition. After this waiting period, if my new prospect wants to expose this concept his potential business is getting started with speed bumbs, that delay the process of expanding his new business. If a new supermarket were to open up, would they have to go door to door giving references from other supermarket owners that they sold groceries for your home and other items? Would a supermarket tell you that you have to wait seven days before you can purchase the milk in your hand? Its illogical, while the intents may be good in order to try to help people, how does it accomplish this? The best way to ensure the business is presented truthfully is to provide people with FTC regulated information that pertains to the incomes available in the business. Prospects meet other IBO's, if they don't then their business is not expanding. By forcing them to review a list it causes confusion, everyones sucess varies, and it is predicated by desire to succeed, which is the one thing our founding fathers ensured would never be restricted. By providing referances by location prevents us to expand to locations where there may not be as many IBO's. Further more it widens the opportunity for that IBO to choose to call an IBO on the list and cause detrimental effects within ones organization. Those who lie, will not last long, no matter what litigation you present there are quality business owners and poor ones. The truth, when given the chance to prevail, prospers when it is not shakeled by beurocracy. All of my prospects know the following, this is a regulated legit business. They know that it takes work, and that the income available is realistic, and that my income in the business is significant enough for me to continue to build it, and that it is worthy of my time. What is the purpose of someone in 2 weeks to disclose their income to a new prospect. Weather 2 weeks or 2 years disclosing that information should be a choice, not imposed. If an IBO is making millions some may feel rubbed off, and if they were making nothing people would feel it doesn't work, by having to discolse their income. How would that help a prospect decide that an IBO is building their business. Income sometimes takes months to catch up to the work that was done months before hand.