| Comment Number: | 522418-12161 |
| Received: | 7/17/2006 6:46:01 PM |
| Organization: | Roshnet Enterprises |
| Commenter: | Sivakumar Swaminathan |
| State: | CO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
1.Me and my wife (Roopa Santhanam) have been IBOs for the last 4 years. We were introduced by our best friend who in our best interest introduced the IBO plan to us. We could see both of us having the freedom to exercise more choices into our daily routine without feeling the pinch for time and money. We also saw this as an opportunity to spend more time with our families in India. We have not drastically changed our routine or lifestyle to attain our goals. Instead we have been prudent in utilizing our unproductive time to share this incredible marketing plan with people who desire extra (in terms of Life(time) and style(Money)). We have no doubt that we will be front runners in our upline diamond's team. When we were introduced we were open to all available information and whatever decision we made henceforth was purely from our perspective. We were not forced or obligated at any point of time. We have interacted with innumerable number of people and never have we once received any feedback that caused our prospects to misinterpret the marketing plan and it's income possibility. This is so primarily because of the BWW education system that aptly covers the marketing plan on a weekly basis through successful business leaders. furthermore quixtar provides other support materials in the form of web sites, magazines, publications along with BWW created Literature pack and other support materials like CDs,DVDs before making an informed decision. We as part of the BWW team always strive hard to maintain high standards and do not by any means indulge in unethical practices like selling or signing up on the day the prospects see the marketing plan. Prospects who wish to sign up an IBO after seeing the plan typically spend between $45 and $125 on the Quixtar side alone depending on their finances and situation. the education system is optional and we make it clear to the prospects that although it is recommended,they can opt for it at any point of their IBOship. The FTC proposed 7 day waiting period would hinder our business by causing potential IBOs to sign up under some other LOS. Thereby the rewards of labour are biased. When we make it very clear that they are not obligated to anything, a 7 day waiting period is irrelevant to the current proposition. Moreover why should a genuine company that has not been black listed be under so much scrutiny for the sake of people who either miscommunicate the plan or spread rumours about a group that upholds high ethical and moral standards? This results in convincing people to join the business rather than the business presenting itself as a choice for people who want to expand their lifestyle. In our personal experience, while signing up IBOs we have provided all possible information from both Quixtar and BWW. Together with this we also provide all the IBOs with the LOS information so that they are free to relate and clarify any thoughts that might be of concern to them. Moreover a local association in every area enables the prospects to mingle with other business owners and get an unbiased opinion on any issue. We have seen profound success in these associations. When a propect intends to become an IBO, providing too many names other than our LOS creates conflict of thought and unnecessary doubt. Moreover a propect who wants to be an IBO is doing so as he/she sees how he can leverage on his/her unproductive time and create their own lifestyle and meet their individual goals. Therefore this has nothing to do with disclosing our income to prospects as this marketing plan enables them to make more money that we as sponsors do.We have never altered anything approved by the FTC when sharing this business opportunity including the numbers. We do on some occassions relate to people about how we have been able to replace some household expenses through this business opportunity. Further more, when prospects have not been involved in any litigation what is the need to provide impertinent information