| Comment Number: | 522418-10368 |
| Received: | 7/16/2006 10:21:35 AM |
| Organization: | Terry and Lori Taylor |
| Commenter: | Aaron Olsen |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have owned our direct selling business for several years and have enjoyed the products and services provided by Quixtar. In addition we have recently become associated with Winter's Marketing Leadership Development Team and have been genuinely impressed with the caliber and quality of the leadership and their training program. I think that a seven day delay in getting a new ibo started will only serve to delay their desired success. This rule implies that an adult is incapable of making a decison regarding their future, and the government is protecting them. How many other decisons need to be delayed for seven days ? If we choose to buy a car whould there be a mandatory seven day waiting period ? I do not feel that this rule should be enacted. Due to the very nature of an INDEPENDENT BUSINESS, a referral from other IBO's will reflect how they view thier own personal business which has everything to do with them and nothing to do with the potential IBO and their work ethic, and method of pursuing their goals. The rules implies that the ramdom success or lack thereof of referred IBO's will depict and predict results of the prospect which does not stand to reason. We do not discuss personal incomes at all and therfore would not be impacted by a proposed rule requiring validation. The literature we provide to prospects is only the FTC approved business plan. We do not ask someone how much money they make at their job, considering it personal and would not expect to ask someone how much money they make in their business either. I also feel the requirement to provide litigation could include litigation pending that has no merit and could have a negative or slanderous effect and the desire to provide accurate and objective information would not be possible. In closing I would like to say that I think that the rules proposed unfairly and negatively impact legitimate business owners and opportunities. Although they may have a positive impact on bogus opportunities, those same companies will find some way to skirt those rules. Perhaps a solution would be for the govermnet to be more fast acting and shut them down once found and not expect "rules" to inhibit their negative impact on people.