Comment Number: 522418-12678
Received: 7/17/2006 11:31:41 PM
Organization:
Commenter: Sharath Shivanna
State: NY
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

Hi, I am Sharath Shivanna, I have been a Quixtar Independent Business Owner for the last 3 years. I am very excited about the Quixtar business opportunity and have been able to create a substantial income of 2000 to 3000 dollars per month through this opportunity. We were shown the business by our friends and they provided us with enough information about the income potential, the background of the quixtar company and support system that we would be a part of. We also had the libery to take our time to make our decision of joining the business. This business perfectly fit into our lifestyle because we had the complete benefits of a full-fledged business but with minimal investment, both in terms of time and money. Now, when we share the business with our prospects, we make sure that they receive the complete information about the company, the income potential and the prospects' committments if they decide to join. We let them decide when they wish to join. There are people who are excited and are ready to join in a day or two and want to begin the process making income right away. Imposing the rule of a 7 day wait period would only delay their process of building their network quicker, especially with their friends and family. We request you not to impose the rule of the 7 day wait period on the prospects and let them have the liberty to decide. Regarding the requirement of providing 10 references to the prospects, we are already able to achieve this because we have weekly seminars being conducted where the prospects have the opportunity to meet with the team and get a credible chance to check out the opportunity. This clause would become difficult for a new Independent business owner since he or she wouldn't have the personal business references to provide to the prospect. We request you to consider our request to not impose these rules since it would make the process of building the business harder and considering the business as a spare time opportunity would become increasingly difficult. Thank you Sharath