Comment Number: 522418-10910
Received: 7/16/2006 11:58:25 PM
Organization: Independent Business Owner - Quixtar
Commenter: Janet Van de Walker
State: IL
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I became an IBO about 10 years ago to buy mostly Artistry and Nutrilite and did some linking. Since my husband died my goals have changed. I received enough information, especially what the average IBO makes and it is on-line so people know it when they sign up. I am also on the Chamber of Commerce in my community. It would affect me if my prospects had to wait 7 days before registering. I do hope you reconsider these issues as I also think it is unfair for me to tell prospects of other IBOs as some people do not wish to be as involved and are more private and I would probably lose these customers.Our training and support is not mandatory, yet I chose to get training and tapes and go to meetings. Other business' charge a great deal for the kind of education I can get for about $30 a month. It has changed my life in how I present myself and accept challenges. For instance, I became more outgoing and found personal strength with the tapes and speechs I heard as I was having difficult times and lost several (my 2 closest friends) and Dad, 2 brothers, 1 sister, husband and my Mother had a stroke. I have found the people in this business are of great character and very supportive no matter what level in the organization. There is no need for a 7 day wait period because if one wishes to withdraw they may do so and get back their small investment without question and without penalty. When a new IBO signs someone up for the first time, they are usually always with an upline IBO for support. There are meetings a new person may attend if they wish to do so, to meet others in their organization and to get more information on how to grow their business, most always with assistance. Why should I have to give a list of my clients, mostly business people, to someone new. When I deal with other small business' they are not required to give me names of their other clients, I respect my clients privacy and feel this would be an intrusion of their privacy. I share the SA-4400 info with them on sign up, but I do not feel I should have to give my finances. I do say "I am not where I wish to be at this time, and I often tell them the % that is my current goal". Also for instance, I spoke with a fellow Chamber member who works as a travel agent. Gas has gone up she said, she has had to give up lunches which she cannot afford, she never goes out to eat with her husband and she had to travel about 45 miles a day to work and the gas prices are horrible, she may have to sell her current home in a retirement community". Why would I have to disclose what I make to the people I prospect when they (i.e. as my travel agent friend does not have to disclose her list) do not have to disclose what they make at their jobs to us, their customers? This seems highly inappropriate. As a small business, a widow, person trying to build a future, I find it quite intimidating that the additional detail required by the proposed FTC rule, is not fair and very inappropriate and wonder why they chose my type of business as opposed to other businesses I work with in the community. Why a separate disclosure of what I make and list of clients??? Our SA-4400 explains it and I verbalize it to all my prospects. I am proud to be a part of such a great positve company as Quixtar who gives us opportunity to achieve goals and for the Quixtar family and all the great philanthrapy work that they and their IBO's do in America and abroad. Respectfully submitted by: Janet Van de Walker