|Received:||7/15/2006 10:24:05 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:We have been an Independent Business Owner (IBO) since Quitar started in 1999. It has given us tremendous opportunity that my wife can stay home with our daughter, but at the same time still making money and helping other moms to have opportunity to stay home with their kids as well. When we got started our sponsors gave us detailed information and we always provide the same information to the IBOs that we bring in to the business. We also tell them that it is not a get rich quick, it takes work and no guarantee for success just by registering. The registration cost is about $175 and it is money back guarantee within 6 months. So if they are not satisfied, they can get their full money back within 6 months. They don't even have return the products that came with the registration. We do not agree with the seven-day waiting period proposed rule because for new IBOs when they are excited they have to wait for a week to register their family and friends. That will definitely affect their income potential. We have groups in different town and states. If we have to wait seven days after showing them the business, that's not good because the excitement will already be gone. If the new IBOs change their mind after registration, that' s no problem because they can get full money back within 6 months. It has happened to us several times and they get full money back without no problem. We do not agree with the providing reference proposed rule. We have groups in other towns and states and most of the time we don't know any other IBOs in that town. Plus we want to respect other business owners privacy. We also don't like other business owners calling us or people in our group by other groups. We also feel that it is not fair if we already done the work and the prospects go with other business owner in the area just because they are related, but these people never show the business to them. We provide opportunity for prospect to meet other IBO in the team by inviting them to the business opportunity meeting. For example , we showed the business to a couple and 2 days after that invited them to meet the team. They came got excited and registered a couple days after that. We do not agree with providing litigation proposed rule. Every big company in America has litigation in their history. It doesn't make them a bad company. Plus if we shop at a retail store, we don't check their litigation history. We don't care about it. As long as they have the products that we need, we will buy it. This applies to Quixtar too. Most of the litigation don't have merit anyway. We always explain for new prospects the FTC approved income and profit potential. We never deviate from that. It will slow down our business tremendously if we have to make additional detail required by the proposed FTC. We always describe what the business has done for our life as a family. How it has allowed my wife to stay home and raise our daughter and put our values in her. We explain to them how much we approximately make monthly. Since our monthly bonus is deposited directly in to our account, there is now way we can show that to the prospects. That means showing bank accounts and that is personal privacy. We are thankfull what this Quixtar opportunity has done for us. We have the responsibility to share it with others and help them to have same opportunity.