| Comment Number: | 522418-10558 |
| Received: | 7/16/2006 5:32:56 PM |
| Organization: | Quixtar |
| Commenter: | Wade Fligge |
| State: | SD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear FTC, I have been a Quixtar Independent Business Owner for 4 years and this business has changed my life. I applaud you for wanting to weed out and protect people from fraudulent ponzi schemes, however I feel that the proposed regulations will hinder not only our home based business opportunity but America's Free Enterprise system entirely. Our business opportunity is based on a person's drive and desire to take control of his/her life and future as well as personal mentorship in not only business and finances, but also better marriages, spiritual lives, morals and values. Since we are paid in this business to create income and train others, each individual prospect that we talk to has different needs and desires AND ambition levels, so it is unfair and and actually crippling to the business owner to have to disclose every single piece of information possible that may not even have any relevence to the prospect based on his/her needs. As I mentioned before, income is only one of the benefits of running a business powered by Quixtar. It is difficult to quantify how much my marriage has improved, how my self-confidence has risen and how relationships have been enhanced in my life. If I disclose to my prospect that I make $100,000 a year in my Quixtar business and I am talking to someone who makes $250,000 in their job, it would not be that impressive to the prospect even though I may have an upline that makes $500,000 a year. It is not about how much I make, but the POTENTIAL that there is. And their income is in NO WAY related to how much income I make. In the same way, requiring us to provide a list of other IBO's in the area will not provide a prospect any more reliable information that is already available through the Better Business Bureau or specific websites that deal with e-commerce businessis such as internetretailer.com, or emarketer.com. The final area that I want to briefly cover is the requirement to provide lawsuits and litigations to a prospect. For one, anyone can bring an allegation, but that in no way means that it is true. In todays "sue happy" society, there are many people who look to gain something for nothing. And why does there always have to be negatives to provide. Why not provide a list of all the people who have greatly succeeded in business and read their testimonies??? I think the FTC needs to really revamp this proposal on home-based businesses because it is unfair and would not benefit the prospect in anyway. Thank you for your time and consideration. Wade Fligge