|Received:||7/17/2006 1:06:05 PM|
|Organization:||TMR & Associates|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I am in full favor of there being stricter rules to protect consumers from getting involved in bogus pyramid schemes. However, I believe that some of the proposed ideas are way off base and would make it very difficult for independent business owners like myself to conduct business. I am an IBO with Quixtar. When I signed up, I was given information by my sponsor regarding the income potential, the work required to reach the different income levels, the average monthly income of active IBOs, among many other things. I was also introduced, on paper initially and later in person, to my "family tree" of my sponsorship. I learned what the different people above me make, where they live, what kind of lifestyle they have and so on. I also have met several of them in person and they have proven to be what I was told they were. In working to build my Quixtar buisness I have shown a business plan approved by you, the FTC. The facts and figures shown to and discussed with prospects by my local business team's mentors are approved by the FTC. Requiring a list of names and addresses of 10 other people in the business is an invasion of privacy. If I had a prospect that was considering being on my team and I had to give out 10 names and addresses of others involved with me and you were one of them, how would you feel? That prospect might not even get involved and now he or she knows where you live! That is a ridiculous proposal. Instead, the way we do it with Quixtar is invite them to a weekly business meeting. There the prospect can meet other prospects and active IBOs that want nothing more than for the prospects to make an educated decision. We show an FTC approved marketing plan and the prospects can meet with nearly 100 IBOs of various backgrounds and levels of success to help them make their decision.