| Comment Number: | 522418-09641 |
| Received: | 7/14/2006 9:22:14 PM |
| Organization: | Quixtar |
| Commenter: | Joshua Cochran |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it may concern I have been in business for 3 years now and because of the profits we have made from this business we have been able to pay off one of our vehicles sooner than required. We have also benefited greatly from the leadership in our business. When I registered in the business I was told everything. There was not a single detail hidden or held back and I provide that same information to the people that I talk to. I give them the BBB.COM web site and let them look us up, and I am very clear that this is a business opportunity it is not a get rich quick if so I would already be rich. A new prospect usually gets registered spending around $180 and as always this is 100% refundable if they are not happy. The issue proposed of the seven day waiting period is a very bad idea. This would slow us down greatly also if each person had to wait seven days then it would take forever to help someone make a profit, and there would be no point to business. What if you had to wait seven days once your auto shop was open to do business or tell your customers that here is what I can do for you but you have to come back in seven days it just does not work. Next a reference list come on, you would ask Ray Kroc for a reference list or Sam Walton. We should not need one either, Also as far as an earning disclosure, when you apply for a job would you ask your boss how much he makes no because it’s none of your business. It does not matter how much I make, it matters how much you can make. All these things will not help in any way they will only slow down good people from trying to make their life better and helping people along the way.