| Comment Number: | 522418-10392 |
| Received: | 7/16/2006 11:40:16 AM |
| Organization: | Seek Enterprises |
| Commenter: | Indira Nambiar |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I OPPOSE the proposed 16CFR Part 437 Rule. It would make business inoperable for me and destroy many years that I have already invested in my wonderful Quixtar business. The Quixtar business opportunity is very fair and perfectly self-regulated. Prospects are shown what an average distributor makes as also income potential as approved by the Direct marketing Industry . I myself have voluntarily offered prospects many free product samples and product demonstrations even before any sign-up. This is a common and encouraged practice in our line of sponsorship in order to provide the prospect with as much info as possible before making a decision. We also inform prospects about the 100% money-back guarantee that the company offers on its products as well as on its start-up kit. The Quixtar-opportunity is totally no-risk. Distributors can choose to buy a start-up kit or not. Even the basic registration cost which is less than it costs my family of 4 to eat out once at an all-you-can-eat buffet, can be refunded if the distributor wants out within 3 months. As the objective of the FTC is to protect prospective small business owners from being cheated the rule needs to contain scam-operators and NOT small business-owners who have for years been plying their trade honestly and diligently.I have been very thankful for the rewards that I reap from my Quixtar business not only in terms of money but also for the rich lessons I learn from helping others succed in achieving their goals. This is a very transparent business, unifying races and communities steadily. The 7-day waiting period cannot help a prospect any more than a 90-day 100% money back guarantee can. In fact in the 7 day period a prospect could get more practical information after registration than he would if he was only asking around. While registering he would learn how easy it is to order online, work with his sponsors and the corporation. In the 7-day period, he himself would be able to offer the opportunity to others and get them started and learn how the business can grow for him. He would learn how his prospects like the opportunity and the products. And all of them would still be at no risk as they would be fully covered under the exit guarantee. In our business, we encourage prospects to meet other distributors in the area by inviting them to attend free open meetings and product training sessions where all serious distributors in the local area gather. In fact I and many others on our team often offer to give prospects rides to these local events where they can interact with other businessfolks and ask questions if they wish. This is way more effective than providing them with 10 references of local distributors. I personally would not like to be on any such list of references as I would be laying myself and my family open to calls from strangers about whom we know nothing. Requiring me to list all legal allegations, to every prospect is a great burden on my time as this is my part -time business and serves no purpose but to needlessly scare prospects . Everybody knows that there are no restrictions to suing a company or any business operator and anybody can sue for a real or perceived injustice. The Quixtar opportunity is a true example of the benefits of the Free Enterprise System. It deceives nobody and it rewards those who work smartly, sincerely and diligently. It allows a fair exit to people who thought they would like to participate in it but changed their minds. It provides products of excellent value backed by a 100% money-back guarantee. The program is intrinsically self-regulating in that nobody needs to participate if they do not want to and they can get out without losing their money in case they wish to within 3 months. This industry does not need any more rules. The proposed rules will surely destroy the motivation for building a business from home. It will be a blow in the face of FREE Enterprise.