ACN MLM Scam: Read This Review
If you’re reading this, I’m willing to bet you either went to a friend’s house or maybe a hotel conference room and witnessed ACN’s business overview. You saw them explain the future of their video phone, all the money that can be made and how the one time investment of $499 could make a world of change for you. Well, I’m sure a lot of the information went over your head. So to help clarify things I’d like to briefly review their compensation plan and their products ONE more time and give you an unbiased analysis of the ACN business.
Let’s start at the beginning. ACN is a telecommunications company that is based out of Detroit, Michigan. The products they offer are home telephone service, cell phone service, Direct TV, VOIP telephone service, and their bread and butter: the VIDEO PHONE.
ACN compensates its representatives in three different ways: personal residual income, overriding residual income, and bonuses. Representatives earn a “personal” residual income from the total billing of customers that they PERSONALLY REFER. You can make “up to 10%” but that is only if the monthly billing from your customers reaches $10,000 a month. For the most part, the personal residual income is so small that it is completely ignored.
Overriding residual income is very similar to personal residual income, with one slight difference. It isn’t your PERSONAL customer base, but the customer base of those who join your TEAM that earn you money. When representatives on your team acquire customers, a percentage of their bills each month go towards your monthly check. Now, the size of an individual’s overriding income is dependent on several things. If you would like to know the specifics you can visit https://myacn.acninc.com/MyACN/ShowDoc?DocName=docs/us/en/301.pdf.
Lastly, the BIG source of income that representatives see immediately is the team customer acquisition bonuses, otherwise known as TCAB’S. Basically, these are bonuses you receive for recruiting others into the ACN business. The way that they pay out these bonuses is very elaborate and there are many variables and rules involved. But the bottom line is when either you or a representative in your team recruits a new person, they count towards your bonus and depending on how many representatives are recruited into your team in a given month, a particular bonus is paid. So you get paid when you acquire customers and when people are recruited into your organization. It’s that simple.
But the big question of the day is, does this work? Is it real? Is it legal? Are there hidden fees? And so on and so on. ACN has been in business for 15 years and they’ve been approved to do business in 20 countries which means 20 different governments have given them the OK. It isn’t a scam and it isn’t illegal. Furthermore, MANY people have made money with ACN and a select few have made A LOT of money. Individual results may vary, and you need to understand that in a business like ACN it is a PROVEN STATISTIC that an average of 97% of individuals FAIL. When it comes to multi level marketing, direct sales, direct marketing (whatever you want to call it) that is just how the cookie crumbles.
So the question isn’t whether ACN works, but rather if it is the BEST way to invest $499 and become financially free. Not necessarily. ACN’s model for building a business is VERY old school. You only have so many friends and acquaintances and I can GUARANTEE that the top earners in the company go far and beyond their circle of friends to recruit people into the business. Some representatives do advertisement in classifieds, signs on the road, ads in the internet, and more. You’ll even find some of them go out into highly public areas and just talk to strangers. More than likely, you are NOT going to make your millions by simply talking to your friends. Eventually you will HAVE to branch out and for most people that is an uncomfortable thought.
With the power of the internet, you can build an equally profitable business SIMILAR to ACN but do it in a MUCH faster time span. I’d like to talk to you about an opportunity known as the Wealth Funnel System. Its creator, Derrick Harper, has been making money on the internet for over 13 years. He has worked with very popular companies like MTV, CMT, Pfizer, Weber Grills, Johnson and Johnson, and more. There is no doubt that he knows what he is doing. He has made millions online and he has put together the Wealth Funnel System to teach individuals the fundamentals and basics of making money on the internet. Not only that, but it is one of the very FEW online opportunities that guarantees your success with a 100% MONEY BACK GUARANTEE.
It may or may not be as good as ACN but that’s honestly for you to decide. Either way, I hope this information has been helpful.
Wishing you the best success, Joe Marquez
