|Received:||7/13/2006 7:34:50 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO in the Quixtar Business since its beginning in 1999. I am a retired teacher, living on a retirement income for 5 years now. Since the cost of living doubles approximately every 10 years, I need an additional income to keep my standard of living and help others to do the same. The product line is exceptionally high quality, there are tax benefits, an unlitmited opportunity financially, and the opportunity for my family to be immersed in an environment of positive people, raising the quality of life, and the ongoing educational system of life long learning. I was introduced into this business by a personal friend who took me to an open meeting, saw the plan in detail, understood its value to me and was given written information, CD's and DVD's, books, attended industry specific seminars and, and best of all, personal mentorship which I now continue to give to others. The fee to join is about $130 which includes a start up pack of sample products. There is a 90 day, 100 percent money back guarantee. Some issues that are of concern: 1) A 7 day waiting period is not necessary as each candidate will decide for themselves when they are ready anyhow, also they can cancel anytime, for the next 90 days, after a commitment with full money back guarantee. Meanwhile they could begin bringing in people, making money right away on products. Enthusiasm and the excitement of a new opportunity,often propels people forward faster to success. Would you give a child a shiny new exciting toy for Chirstmas and then take it away for a week! 2) Providing a list of references could be confusing and is not as realistic or informative as coming to the general meeting, seeing and talking to others,asking direct questions, meeting the quality of people, identifying the people that are most interested in their personal successes. 3)A litigation list? Of what value? What a cumbersome requirement, how to judge and determine what is legitimate, who and where...I am not an attorney and it would cause so many questions, confusion..I would never represent a company that was mired in such characteristics. Don't put that burden on an IBO. 4)Specific earning disclosures and financial substantiation are in the same catagory to me. The Quixtar Corporation already shows what the average gross income of an IBO is in the SA-4400 literature. What each of us earns is entirely up to us because we are all in the same business, same opportunity, it depends on how much time and energy each puts into the opportunity. Also I would not like to show my personal income tax report, publicly, to every one who looks at this idea. Where is our right of privacy, or anyone elses? Summary: If you look closely at the legitimate businesses of this nature, the Quixtar Corporation in particular, you will see that it is a simple, effective business made up of people from every educational, occupational background. I would expect any thinking, person see the responsibility and community integrity this organization has had for many years, before Quixtar as well. The history of the creation of Quixtar, the standards that already exist and code of ethics should be the measuring device from which all other companies are compared, making sure to protect those of us who are doing our best to contribute to the healthy growing side of the economny. New laws should protect the innocent and prevent those who would be dishonest in their activities from causing harm to others, in other words, ie. Don't throw the Baby out with the Bathwater!