Comment Number: 522418-12562
Received: 7/17/2006 10:51:42 PM
Organization: quixtar
Commenter: darren phillip-pitt
State: Not in the US
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I have been a quixtar IBO for 3 years. I have been able to reach the Platinum level thereby being able to creat an income of 30k - 40k in annual income. I have also been able to help 1 other person accomplish this as well. This year my goal is to achieve the Emerald Level i.e. help 2 more people accomplish Platium. This will enable me to create an income of 70k - 80k a year for my family. Quixtar has enabled my wife to stay home and raise our 2yr old daughter full time. Besides creating strong source of secondary income I have also been able to create great friendships with people I have been able to help build their own businesses. When I got started I was fully informed and provided sufficient sources of information to make an educated business decision. The system which we use to educate people and inform them about the business is easily duplicatable and contains all necessary information and references if needed. The references we provide are FTC website, BBB website, QUIXTARFACTS WEB SITES, as well as informational brochures. To get started in the quixtar oppotunity the cost is $60 in the bahamas with a optional product intro pack for $120. I a person decides to leave the business they are provided with a 100% money back guarantee on all products, and a buy back policy on any optional tools. I am in favor of informing persons so that they can make educated business decisions, but some specific proposals made will greatly hinder our ability to build and expand our business. One such issue is having to wait 7 days before prospect can register. If I had to wait that long I would probably would not have gotten started. In most cases in order to help people to become successful you need to build their belief by helping them to get results quickly, through sponsoring other people. It also help to give a sence of ownership if they can immediately gain access to products. In most cases when someone sees the presentation they make a decision to get started right away, so they can start seeing how the business operates. For example when my wife and saw the plan I believed that we could become successful because of our work ethic, and what was outlined in the plan and we wanted to get started right away. If they told us we had to wait seven days it would have discouraged me. Not allowing someone to have the option to get started right away will also greatly hinder the earning potiential, because it would slow down their ability to create income quickly. Another concern is providing a list of IBO's for the prospect to contact. By doing this they will not be gaining facts about the oppotunity, they will be seeking an opinion and you cannot make sound business decision based on opinion you need facts. Also in most cases IBO's may not be within a specific geographic location thereby making it difficult to provide that list. I am in support of the overall proposal but those issues I discussed will greatly have an adverse effect on my ability to expand my business as well as help people become profitable in a timely manner.