| Comment Number: | 522418-12671 |
| Received: | 7/17/2006 11:29:47 PM |
| Organization: | World Wide Dreambuilders |
| Commenter: | Angelo Lumpkin |
| State: | WA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO for a little over four years. I have not met all of my goals pertaining to building my business to financial independence. However, thanks to my mentors, I am very much on track for getting debt free within the next 12-18 months. The Quixtar business fits virtually everywhere into my existing lifestyle. The business is a major priority for me, in order to accomplish my short-term and long-term dreams and goals, but it's nice to know that I can build my business at anytime, anywhere without it intruding or intervening on my other committments like church or work. There are plenty of other benefits other than income, though truthfully that was my main motivation. Other benefits are tax advantages, buying wholesale, seeing my retail profit from customers, and getting a performance bonus for running volume. I know that I received more than enough information to make a quality decision. It's practically a rule of thumb in our business, that no one should ever register with us without first going through the information and then having a follow up meeting to answer questions. With our new weblinks like ThisBizNow and InternetRetailer, we have more than enough information, to add to our own, that helps make our prospects make an informed decision. All of our speakers during the presentation, and even I myself before hand, will inform the prospects that this business model is not a "get rich quick" plan. We do feel it is our responsibility to inform them that hard work is required and that there is no guarantee of success, but during our presentations and follow-up meetings we encourage our prospects to treat this like an honest business so we can help them achieve their goals building financial independence. Initial registration fees, which includes licensing and product packs, are roughly $125.00. If anyone should ever feel the need to leave the business, according to Quixtar's guidelines, that person is entitled to a full refund of their registration fees. If I'm not mistaken, Quixtar themselves will actually refund the person themselves.