|Received:||7/15/2006 10:18:07 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Dear Members of the FTC committee, I'm an independent business owner affliated with Quixtar. My husband and I have been in this business for approximately 2 years now. I've read all of your proposed new guidelines and here are my comments: Basically, these new rules are essentially trying to take care of a moral problem with people. In many businesses including the giant corporations, we hear stories every day of lying, mismanagement, fraud and stealing people's retirements. It's a shame that our nation has come to that, but that seems to be where we are. I'm all for having high standards is business. I have found the Quixtar corporation to be ethical and fair in it's practices and have no complaints at all. Regarding my personal experience, my sponsor in the business was very secretive about how much money she made and what pin levels she had achieved. I realized that before I ever signed up. Subsequently, I've discovered that she was not very active in the business and doesn't work it at all.(which was why she was not very forthcoming) .and, that's fine with me. My husband and I do not treat our new people this way. We tell them anything they want to know (it builds trust that way.) Very early in our business, we had 1 person sign up (my sister-in-law), who went to work and talked about the business to her co-workers. They told her that it would never work, so she freaked out and wanted out of the business. So, my husband and I refunded her money instantly. We've been very ethical with everyone. Regarding your proposal about waiting 7 days to sign up and having a list of references, it sounds good, but won't work. This is a people business and the best time to sign someone up is within 24-48 hours after they are shown the business. Quixtar will refund their money if they are not happy. What typically happens is that the new person goes to a search engine and types in Quixtar and there are some very bitter people on the internet spewing negative, untrue remarks about the business. So, if they are required to wait 7 days, they will probably lose interest or come to the conclusion that this opportunity is bogus. I don't have a problem with providing references, but you will have people that will try to steal your new prospect and say," come join my team, we're doing better than the other team." When I signed up 2 years ago, a friend of mine in another group tried to get me to come in her group and for me to ditch mine (it was very unethical and I told her so.) We live in a very litiginous society and if we have to disclose every lawsuit or threat of one, we will have very few prospects. Regarding financial documents, my husband and I tell people how much money we're making in the business if they ask (it's not much right now). But, when we get to making the big bucks, I would be uncomfortable with that. Because, it would open us up to bogus lawsuits with people trying to take our money. So, I don't agree with that either. Overall, I'm very happy with my experience with Quixtar. I have learned so much in the past 2 years and it has changed my life. I've met the most incredible people and have a passion to build this business. I haven't been as successful as I would like, but it is totally my own fault for not doing the work it requires. Please configure your guidelines to best keep out the bogus companies, get rich quick schemes, and scams. But, do it in such a way as to preserve our right to have our own independent businesses. If someone builds their business on lying and bad ethics, it will fall apart anyway. Thanks for your time and consideration.