|Received:||7/17/2006 4:14:09 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an IBO with the Quixtar cooperation for over 2 years and I have seen nothing but great things happen in my life ever since. I am being compensated for convenient shopping and I have the opportunity to meet people that I would not have met under normal circumstances. This business has been a blessing for me and my family so far and I expect greater things to come. The business and its educational system has enabled me to make a change in my Spiritual life. That's the best achievement anyone can ask for. It has also allowed me to improve my self esteem and self worth. When I got registered, I was able to make a decision that same day as to whether I wanted to be in business or just shop because the information I received was enough to help me decide that having my own business with this company would be priceless. I have given my prospects the same information I was given at the time I registered and even more as I continued to plug into the educational system. I let them know that it's not a "get rich quick" plan, some work is required, and their success dependent on what they put into it. I back up my statements with the literature that's provided through the system because you can't always trust what is being said via the comments on the internet. The typical registration fee along with optional product pack would cost anywhere between ($150-$250 est.), depending on what the prospect can afford at the time of registration. The minimum fee would be about $63 est. If the prospect decided w/in allotted time period to leave the business, there is a money back guarantee policy. I do not believe there should be a seven-day waiting period because the quixtar business allows the prospects to get their money back after registering if they decided it was no longer for them. This waiting period may take my business a longer time to expand. It would delay owners from developing income on a consistent basis. The prospects may be deter with the idea of having to wait for their friends/relatives to join them in earning an additional income. As for the issue of providing references to my prospects, I believe I would run a risk of having my prospect run into someone that may/may not be ethical and I may end up losing out. I do not agree with other IBOs giving out my information because you never know who is going to get your information. My prospects usually get the opportunity to meet other IBOs at our weekly, quarterly, etc. meetings and they are able to ask them questions. I don't think I should be required to substantiate my Quixtar income to my prospects, because there's no guarantee that my income would be like there income. I believe it's inappropriate to display that information because no individual needs to know the exact amount someone else is making due to security reasons, etc. I like the Quixtar business because it provides all the information a prospect needs to know when asked. There's an avg. monthly gross income established and it allows prospects to make a decision base on their dreams. I should not have to disclose any information about my identity or income to anyone, except if it's the FTC or other regulated entity.