|Received:||7/17/2006 12:49:54 AM|
|Organization:||Retail Solutions powered by Quixtar|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My wife and I have been a Quixtar IBOs for almost 5 years now and our experience with the business team and the company has been phenomenal to say the least. I was offered an unconditional money back guarantee if I decided to leave the business within 10 months, a lot of tools were provided to me to make an informed decision and no one pressurized me to get in. We have been able to build our business to the Q-12 level and my wife is able to stay home to raise our son, thanks to Quixtar and our support team. We typically get people started for $315-320. $69 Quixtar registration $110 Education pack (Optional) $140 IBO Favorite 1 pack (Products bundle- Optional) When we get people started, we make it very clear to them that this business requires hard work and that it is not a get rich quick scheme. I have had instances where IBOs joined and resigned within a few weeks and they got a full 100% refund from me. Quixtar normally deducts $9 for shipping and handling if some one resigns but we pay that from our pocket because we do not want people to bad mouth our business. Also we DO NOT make any head hunting fee to get people in, our income comes from building a long term business with someone, so we always under promise and over deliver. We show our bonus statement from Quixtar for the previous month if someone asks us about our income. But this may not work for a new IBO who is starting off in the business opportunity as his income may not be high in the initial months. So a mandatory rule to substantiate income my be unfair to most IBOs. I feel that an IBO should be obliged to show list of litigations to the prospect if he is personally a party to the litigation. A mandatory rule to show all litigation against Quixtar will be unfair to IBOs interest, because IBOs cannot be held liable for some other IBOs conduct in the Quixtar opportunity. We do not sign up the prospect until we have answered all his questions, so a 7 day waiting period does not give any advantage to the prospect. Moreover it will impede growth of business for a new IBO as he will have to wait 7 days to register each of his friends and family (which represents a big part of our business). It would have a direct impact on our profitability. I do not see the advantage of providing 10 references of IBOs in the local area. We cannot rely on testimonial from strangers who might take away our prospects by manupilation.