|Received:||7/17/2006 3:20:17 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Thank you taking our comments into consideration. I have been an independent business owner for about two years now. There are no regrets. Prior Litigation: When I got started, there were several people who told me that Quixtar was a scam. So I checked it out on the Internet and found some lawsuits that have been filed. Therefore, there is no need for an Ibo to hand out a "litigation list". That information is readily available on the Internet. This happens naturally as a prospect considers the opportunity. References: There is no need to give out a list of references to prospects because, prospects are introduced to other business owners at conventions. Meeting other business owners before registering may create an environment where a prospect could be "stolen" from his/her original sponsor. Specific Earnings Disclosures: From the very beginning I was made aware that the initial effort in order to get my business running would be much greater than the early profits. Every income claim was balanced by the disclaimer that the average "active" business owner only earned one hundred and fifteen dollars a month, and that the majority of registered business owners were not active. There is no need for any further earnings disclosures. Financial Substantiation: There are two ways that I've witness financial substantiation thus far. One is when a more successful person earns a particular bonus and the entire team celebrates his/her success. The other is when no one is reporting any significant achievement. Waiting Period: We live in a very fast paced society. If a person has to wait seven days before he/she can get started, they will likely become distracted, and unknowlingly neglect the very opportunity that could vastly improve their life. Most importantly we must recognize the money back guarantee Quixtar has on all of it's products and services. This acts as a safeguard that allows a new business owner the freedom to reconsider at any time. Perhaps a money back guarantee rule would be the best way to enforce all of the above concerns. After all, a person cannot fully learn about anything, regardless if it is a job, church, or any direct selling opportunity, until he/she is totally involved. Thank you.