|Received:||7/16/2006 11:23:54 PM|
|Organization:||World Information Network|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My husband and I have been IBO's for approx. 5 years. We have achieved the Platinum level in our business, and have slipped backwards in volume and compensation due to our own lack of leadership and involvement.We share with new prospects that our income is not at that level. We are, however, passionate and believe in this business model and are moving forward. We have long term goals of achieving the Diamond level. The Quixtar business fits into our life because of it's flexibility, association, quality products and income potential. We have become better people, parents and spouses because of our association with our leadership and the mentoring program they provide. We have been very happy and pleasantly surprised with this whole business model. Not once have we ever said "that's not what we were told" or felt disillusioned at all. My husband, quite a skeptic and being the numbers person that he is, has been able to figure out our compensation almost always to the penny since we started our company. We always tell our new business partners about our experience. We thoroughly explain the compensation plan and always inform our new business partners about the average monthly gross income that is recognized and reported by Quixtar. We make sure they are provided and read that part of our presentation literature. We explain that this is not a get rich scheme and it takes time and hard work and that not all people are successful. There are several specific issues regarding the FTC proposal could affect our business and the business of many others. -- Should prospects wait 7 days before registering? This would greatly inhibit growth in not only our business, but the new IBO who is starting their business. This business is all about achieving Goals. Retarding growth in reaching a goal does not promote Success. This would not benefit the prospect. Eliminate the proposed waiting period. Quixtar provides the prospect the opportunity to get his money back if not satisfied. Should a Prospect receive references? In our business, prospects are given an opportunity to meet leadership and/or other team members before they register. They are free to ask questions and gather more information. We want them to meet team members and leadership and feel confident and comfortable that they are making the right decision for their family before they register. Should we provide the prospect a list of all lawsuits, arbitrations etc? If a prospect has concerns, we encourage them where and how to research these questions, noting that not all litigation concerns are valid and have merit. Requiring an IBO to give a prospect a list of lawsuits would open up false accusations that have no merit against Quixtar. Should IBO's be required to provide prospects with personal financial documents to back up any income claim? We use the tools that Quixtar has approved to discuss income ~ our income is personal and is not discussed ~ we do not make any income claim about our income. We feel IBO's should have records of their income and should not be required to disclose it except when an investigation is required. We believe that the prospect needs to make a decision based on qualified information and that Quixtar provides us that direction and information. We do believe that the FTC needs to address all of these issues however we feel there are less burdensome ways to so that the ways proposed.