| Comment Number: | 522418-12787 |
| Received: | 7/17/2006 11:59:46 PM |
| Organization: | |
| Commenter: | Salvi |
| State: | MA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been a Quixtar powered business owner for the past 3 years now and I have had a positive experience with the Quixtar Corporation - right from the day I signed the dotted line. The reason I got started is because I was provided enough details to make an informed decision. I do the same with all the new prospects who join my business team. We educate people and they make their decisions. I knew that this is not a Get Rich Quick scheme and I make sure that my prospects understand this clearly as well. There are so many advantages for starting this Business. The low startup capital is just one advantages of this business. Apart from this the Quixtar Corporation also offers a product starter pack and they guarantee a full money back if not satisfied within 6 full months. So far one of the people used this and he was surprized to see his money back. He eventually continued in the business after looking at the integrity of the leadership in the Quixtar corporation and the BWW Education system that we associate with. Other advantages include a continuous improvement in products, services and partner stores. The Business and Personal Development education programs offered through BWW has impacted me and my family's life in a positive way. We have access to some of the Best Thinkers in the world today. Me and my wife are a better Home Team because of this business (Quixtar and BWW). I build this business on a part time basis without affecting my career path or job. I have actually recieved promotion becuase of the leadership skills I gathered through the education program. My wife has been able to keep herself busy by educating friends and family about better choices and product offerings. Because of this business we and all of our team has started to lead a Goal oriented life. Nobody taught me this during my school or job. Words are too few to describe all the intangible gains from being associated with the Quixtar powered business. I wanted to comment on the FTC Proposal because it will directly or indirectly affect my business as well as many other Quixtar powered business owners. 7 day mandatory wait period: From my experience, a mandatory wait period of 7 days will impact my business in a negative way because the prospects will use this time to get opinion from their friends/family who may not be well informed about this unique business model. We do not force our prospects to sign up. We provide information to make decision. I think this decision making wait period should not be mandatory. List of references: Providing a list of references will lead to privacy violation for the IBOs. We allow the prospect to meet the team of IBOs in a professional environment. The team can range between 24 - 10000 people. So the prospects actually get a chance to meet the people face to face rather than get a number and address. Also, we do not expect references from the prospects. Plus, Quixtar suggests equal opportunity for everyone. If my prospect gets a reference of someone else they know, they would join them even though all the effort was mine. This does not seem fair to me. In case of Quixtar powered businesses, the IBO meetings schedule is published to the prosepcts ahead of time and the venue and locations do not keep changing (except for maybe a major business conference). I feel prospects get enough time to check the credibility of the people as well as the Quixtar Corporation. Litigation List: We refer the prospects to Better Business Buereau, Direct Sellers Association, US Chambers of Commerce, D&B and other websites to do research. It will be a case similar to people entering a Walmart being handed a litigation list before entering a store. This will affect any business in a negative way. Earnings Disclosure: When we share this opportunity with prospects, we share information about the average income for an Active IBO. This is also on the new IBO signup form as well as in the Agreement package.