Comment Number: 522418-09134
Received: 7/13/2006 11:39:51 PM
Organization: Quixtar/ Youngblood
Commenter: Matthew Parfait Jr.
State: LA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

My name is Matthew A. Parfait Jr. I have been in Quixtar for two in a half years. In that time frame I have had my own personal financial goals that I have met and not met. Never was me not meeting a financial goal a result of misinformation given to me from my sponsor in my Quixtar business. One of the most positives aspects of not reaching a goal in my Quixtar business is that I did not loose any money. Something that doesn’t happen in traditional business. Since the time before I signed up to be a Quixtar IBO until this very day, I have never come across contrary information concerning the opportunities in any aspect of my Quixtar business. I and any prospect in my business has never been under the impression that Quixtar is a “get rich quick” business. From the first time the marketing plan is reviewed to a prospect, at a BWW orientation, throughout the span of an individuals business, this fact is reiterated. I have reviewed the proposed changes in the guidelines . Rather than address them specifically, for there are too many to address to keep this short and sweet. The overall concerns I have with the proposed changes are as follows: Nothing should change, because nothing is wrong. Every business has risk. Registering in college is not guaranteed. When you are in orientation they say to look to the left and the right. Only one of you will graduate. Yet millions of students attend universities everyday, every month. Direct selling is no different from college. When you sign up there are no guaranties. The institution provides books and classes, for a fee, and it is upon you to take initiative, study and learn. Then after four years, or more, you are thrown into the real world with no support system and THEN you start to put into action the lessons and principles you learned. Direct selling is so much better. You have mentors who have done your business and are benefiting from teaching you everything they know. You don’t have that in traditional business because you are the competition. Most business professors have never owned a business. How exactly can that work. I started my business with no promises. Only men and women who told me this is what I did. This is where it got me, and this is how long it took me. Do what I do and the same will happen. If I wanted to achieve more than my of sponsor, there was certainly more than enough people to get that information from. In conclusion, Federal hands should not get involved in a already working business model, or in the way of free enterprise. Frankly you can’t stop a looser from loosing. That is only the looser’s fault, not that of the Quixtar/ BWW/ business mentorship voluntary program. Success is up to the individual. You know we are legal and legitimate, and have been helping families and individuals achieve their goals and dreams for decades now. Don’t try to fix a business model that is not broken.