| Comment Number: | 522418-10902 |
| Received: | 7/16/2006 11:53:35 PM |
| Organization: | Quixtar |
| Commenter: | Tracy Rupp |
| State: | IN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My wife and I have been IBO's affiliated with Quixtar since 1/2000. We have achieved the level of silver producer and have set our sights on our next goal of Q-12 platinums. We have found this business opportunity to be very flexible and easily incorporated into our busy family lifestyle. We choose when we work our business. In addition to the income we have earned, we have formed many new lifelong friendships and have had excellent mentorship. Through our business association, we have benefited from personal growth which has enriched our marriage and family life. We have hope for a better financial future for our family and know that our independent business affiliated with Quixtar is the vehicle to get us there. When we registered for our business, we received ample information to make our decision. We provide all of the people we sponsor with the same information and make available any additional information they desire. We make it clear to all our prospects that this business opportunity is not a "get rich quick" plan, that hard work is required and there are no guarantees of success. Our prospects spend less than $60 to get their IBO number when they register. Although we encourage them to purchase the product intro-pack ($55), it is optional. All of that money can be refunded if they decide to leave the business. Many of the proposed requirements in the new "Trade Regulation Rule on Business Opportunities" would have a markedly negative impact on our business. In particular, the requirement to provide a list of local IBO's for our prospects to contact before they decide to register is cumbersome, as well as providing unfair opportunites for other IBO's to register our prospect. A rule requiring us to allow other IBO's to give our name, address, and phone number to their prospects is a violation of our right to privacy. In our organization, prospects and new IBO's have regular opportunities to meet with other IBO's through Open Opportunity Meetings and Business Building Seminars. We consistently introduce our prospects and all new IBO's to other IBO's in the group so they have an opportunity to learn about their experience. The requirement of a seven-day waiting period would dramatically slow the growth of our business. there is no benefit to the prospect, and it would impose substantial costs and decrease the profitability of our business. In turn, it would negatively affect the value of the Quixtar Opportunity to our prospects if they in turn had to wait seven days or more to register their friends and family. Thank you for your attention in this matter. Sincerely, Tracy Rupp