|Received:||7/16/2006 11:29:20 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My wife and myself are IBOs for the past 6 years with Quixtar inc. We were able to meet the goal of making $500 in a month. Our next goal is to make $1000/month. Thanks to Quixtar business, we learnt dream building, goal setting and with the help of mentors who have already accomplished such dreams we learnt that we can also achieve those using a game plan a training program. Thanks to the team we are part of and a quality business powered by Quixtar Inc., we have multiple benefits to our family like thinking and speaking positive, good communication skills, developing leadership skills and most of them is the platform where we can try, fail and adjust. Before registering with the business, I had an opportunity to see the business plan through an accomplished person in the business. It was clear that there is a compensation plan for making the income through the business, there is hard work involved. We were encouraged to participate in the training program as well as follow certain pattern in working the business. When we sponsor others, we provide the same information to the prospects: compensation plan, importance of attending the training program etc. Our prospects understand that the Quixtar business opportunity is not a "get rich quick" plan, that hard work is required, and that there are no guarantees of success. They learn this first from a platinum and above (qualified person) in our business. Our prospects typically spend about $170 to register with the business and about $100 to get the training program literature. While being part of the business, I got a chance to see several business presentations and read books which describe legitimate businesses. I do work as a software engineer and did work for several companies as a consultant. With that experience, these are my comments. The requirement of a seven-day waiting period: My request would be that we should have an open business policy where the prospect registers with the business when they feel they have enough information. Most of our prospects are well educated and professionals and so are we. Business is conducted on trust. I see the same thing at work. There is no waiting period required before I choose to join the company. The requirement to provide references: My request would be that we should let people start the business without any restrictions. People joining the business should be given a chance to figure out the business for themselves. This business can be started on a low investment and there is nothing to loose.