| Comment Number: | 522418-11959 |
| Received: | 7/17/2006 5:02:02 PM |
| Organization: | |
| Commenter: | Julie Martin |
| State: | TN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My husband and I are independent business owners affiliated with Quixtar. We wanted to express our concerns about the proposed new ruling and how it would affect our business. First of all, we have had our business for a number of years now. We love this opportunity. We're working with a wonderful team of people that have given us tremendous support and education. We have three small children and the Quixtar opportunity has fit perfectly with our lifestyle. Because we can build our business at our own pace, there have been times we have had to ease up on our efforts (like with a new infant), and times we have built our business hard. We appreciate the fact that we have had these choices. Now we are at a point where we are pursuing our business hard and we are very excited about it. We are concerned that some of the items that have been proposed would greatly harm the growth of our business. First, we are concerned about the 7 day waiting period before prospects could register. We were given all the information we needed to make a decision without this and we give our prospects the information they need as well. In addition, the cost to register as a business owner is on average $150 and is totally and easily 100% refundable by Quixtar for at least 6 months. We were told and we tell our prospects that this opportunity is not "get rich quick", there are no guarantees, and it requires hard work. Also, if new business owners had to wait 7 days before they could register someone, we would not be able to help them be profitable as quickly and, therefore, we would not be as profitable. Our business is a "win-win" opportunity. We are not successful until we help others be successful first. That is something that we truly value about our business. Also, the requirement for references concerns us. We work hard to meet our prospects and offer them this opportunity. If they had to call 10 other local business owners, they could decide to register with one of them instead. Also, we feel this is unneccessary because we introduce our prospects to other business owners on our team at a weekly informational seminar. In addition, we would not want our name, address and phone number given to people we have not met so that we could be contacted as a reference. We also do not agree with having to provide a "litigation list". Most all of the litigation out there does not concern us or our business team and a lot of it has no merit whatsoever. We have seen examples of litigation online and none of it reflects our experience with our business team or with Quixtar itself in any way. Our experience has been one of utmost integrity and true opportunity. Please don't hinder our business' growth by these proposed requirements. Of course we feel every prospect should have the information they need to make an informed decision no matter what opportunity they are evaluating. However, in our business we already provide them with this information and these specific requirements in this proposal would be very detrimental. Thank you for your consideration in this matter.