|Received:||7/17/2006 3:13:09 PM|
|Commenter:||Philip T. Comfort|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:After 30 years of being a well respected CFP and Clu I saw the Quixtar opportunity. IT WAS A VISTA OF FRESH AIR~~~No large "up-front" fees, No purshases require, no ongoing Huge committments of money, a level playing field, with an understanding that those who "do the work" will make the money! I fully believe after more than 10 years as an IBO that EVERYONE can do this business. It is the greatest business opportunity on the face of planet earth! People have great opportunity to meet other IBO's by attending FREE Introductory seminars held weekly or monthly, money back guarantees on a small investment with no obligation to spend more, I explain that those who follow our system of success and follow the pattern for a succesful business will make their dreams come true. Not all succeed because they won't do what it takes, stay at homes, not willing to list their contacts much less talk to them will not make it happen. I didn't need to be referred to other IBO's in my area as I understood from git-go that all are unique, some will-some won't! I also knew from my years as a CFP that we live in a litiginous society, i.e. McDonalds sued because of a burn from coffee put between the buyer's legs as she drove off. If were to be made aware of lawsuits against very successful companies I might as well shrivel up and die! We make a lot of money by helping others and I always explain that this is a business of helping others and if you are in it just to make money selfishly you're not going you're not going to last long. We have available all kinds of full disclosure documents which we provide prospects, ansd we invite them to ask tough questions. Not only do we make great money, the pattern helps us develop interpersonal skills , grows us as persons and develops close and long lasting friendships. People who care for you and lift you up when you're down and will be there when you need them. What a GREAT BUSINESS!!! With our money back guarantees, small investment obligation (also with a money back guarantee), veritable fountain of useful information, unparrelled track record of success and people willing to help you do as t hey've done? how can u lose? Nothing is guaranteed but compare this business opportunity to the odds of suceeding in business , marriage/divorce statstics, raising children into responsible adults--there is nothing that can do what being an IBO is like. When I looked at this bsiness and had it explained how it worked, that no one made money by registering me and tha the only was they made money was to help me make a LOT of money, otherwise they made nothing and had just wasted their time,i practically shouted, I don't care who it is, this makes so much common sense, why isn't everyone doing it? I'm in!!! I appreciate the FTC's desire to get rid of flakes and get rich schemes and as I always tell people based on my financial Planning experience, 'if it sounds too good to be true, it usually is!" so I'm all for some reasonable regulation to weed out the snakes in the grass, with eliminating or hamstringing legitimate honest business opportunities. I believe with our guaranteed money back policy we already provide people adequate safeguards against mispresentation or outright lying! 7 days is reasonable when buing a car but not when it come to a legitimate busines opportunity such as Quixtar. When I have shown someone how the business works, gone over it in detail how you make money by helping other get their dreams and goals, provided them all of our printed material to have to wait a week before I could register them would present a major obstacle in helping them to start a profitable business. When it comes tp finacial discloseure what I make is entirely my busines, If I wantd to ask a banker or one of the members of the FTC what they made other than what was publicly disclosed would be wide of the mark. Thank you for your consideration. Philip T. Comfort, Founder's Platinum-Ruby Producer.