|Received:||7/17/2006 11:50:40 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My wife and I have been involved with the Amway/Quixtar business for 11 years. We have reached a level to where neither one of us have a full time job. There have been many tangible and intangible rewards being involved with this company and the team of people that help us build our business. We have also been able to help many people make money, and their lives have been enriched by being a part of a great team of business leaders. We have some concerns after reviewing propsed new rulings regarding our type of business model. The first concern is the waiting period proposed. Since our business model offers a money-back guarantee, if someone decides that he/she does not want to be involved for any reason, it is very easy to get their money back without even having to return products that came with their registration pack. It has been our experience that the longer someone waits to register after seeing our presentation, the more likely it is for things to come up in their lives and the level of importance of starting a new venture gets placed towards the end of their "things to do" list. We believe that this robs people of beginning a venture that can make all of their dreams come true. We provide help to all people who register with us and we know that if they really want to succeed with us and our business model, we can help them achieve their goals. The sooner they register, the sooner we can coach them and help them see a profit right away. The other concern we have is with the proposed rule of giving references of business owners to a prospective business owner. This seems to be an invasion of people's privacy. Giving out addresses and phone numbers would definitely be an intrusion. Furthermore, if someone isn't yet registered and talks to another business owner, that business owner could potentionally "steal" the prospect from the person who initially talked to the prospect. This just doesn't seem fair. We provide ample information to our prospects so that they can make an informed decision about our business. Our team teaches not to put pressure on our prospects, but to share our opportunity and let the prospects decide for themselves if this is something they would be interested in or not. We believe we give out adequate literature and we introduce our prospects to many different people with diverse backgrounds at our opportunity meetings. Another concern we have involves disclosing our financial statements. This also seems like an invasion of privacy. We have a sound business model, and the figures we give at our opportunity meetings are very conservative. As I stated before, we have been involved with this company for eleven years, and nothing we have been told about the money-making aspect has been overstated in any way; in fact, at each new level the money has exceeded what we had been told. We have a concern about having to show our financial records to strangers that may not even choose to become a part of our team. We would not know how that person might use our information. In closing, we appreciate you letting our voice be heard, and we hope you will take our concerns into consideration. We don't take for granted living in these United States where we have the opportunity to own our own business, and have the opportunity to fulfill the American Dream for ourselves, and to show others how they can do the same. We are doing just that with our affiliation with Quixtar. Thank you for your time.