ACN MLM Scam: Read This Review
If you are reading this article, I’m betting that you are researching ACN after seeing their business presentation at a hotel meeting or a friend’s house. You probably heard them promote their video phone and show off their products then proceed to tell you how a onetime investment of $499 can start you off to earning some serious income. I wouldn’t be surprised if after the presentation you were more confused than ever but you liked what you heard. So to help put it all together and help you understand exactly what ACN is, I’d like to give you an unbiased review of ACN and help you understand their products and their pay structure.
Let’s start with the basics. ACN is a telecommunications company that started 15 years ago in Detroit. They offer a number of products that include home phone service, cell phone service, satellite tv, digital phone service, and the mother of all their products: the VIDEO PHONE.
Representatives earn money in three different ways: personal residual income, overriding residual income, and bonuses. Personal residual income is earned when representatives receive a percentage of their customer’s billing. But they must be customers that were personally referred by the representative. ACN says that you can earn “up to 10%”of the total customer base, but they neglect to inform you that you only earn that amount if your customer’s are spending a minimum of $10,000. Essentially, the personal residual income typically amounts to less than $50 a month so it is hardly worth mentioning.
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.
Finally, the most important source of income for ACN representatives: team customer acquisition bonuses, otherwise known as TCAB’s. These are bonuses that are received when your organization grows. The amounts of these bonuses vary heavily since it is dependent on a number of factors. Put simply, when you or someone on your team signs up a new representative it counts towards your bonus for that given month. Depending on how many new sign ups occurred in a month for your organization, a certain bonus is paid. You basically get paid when you recruit new individuals into your business and when you acquire customers.
What most people want to know is if it works, if its legal, if it is real, and so on and so on. Considering that ACN has been around for 15 years and that they do business in 20 countries and counting, it is pretty obvious that they’re a legitimate opportunity and far from illegal. Though you aren’t guaranteed to make the millions, there are definitely individuals who have. Individual results will vary. In an industry like ACN’s, there is a 97% failure rate. Only the few make it past that hump. Though this may discourage some people, that’s just how things are. Nobody said it was going to be easy.
So the questions isn’t whether or not ACN works, but if it is the BEST way to spend $499 and achieve all of the financial goals you have in life. Well, not necessarily. ACN’s model for building a business is very old fashioned. You can only know so many people, and in an industry like ACN you need access to as many people as possible. It’s all about spreading the word and finding new recruits. I can guarantee that the top earners go the extra mile when it comes to recruiting. You’ll find that some of the big money makers do advertisements, make new friends, talk to strangers, and more. Chances are you won’t be making the big bucks by simply talking to your friends and family. Sooner or later you’re going to have to get creative and start meeting new people. For some people this is a scary thought, but it’s true.
If you know how to use the internet, building a business like ACN doesn’t have to be difficult. Rather than hound your friends about an opportunity, talk to people who are eagerly waiting for an opportunity to make more money. I’d like to talk to you about a business called the Wealth Funnel System. It is for people who are looking to increase their income stream, but have time freedom at the same time. Its creator, Derrick Harper, is an internet marketing veteran who has been making money online for well over ten years. He has worked with very popular companies like MTV, CMT, Pfizer, Weber Grills, Johnson and Johnson, and more. He has made millions online and what he has done with the Wealth Funnel System is created a business that TEACHES individuals how to make money on the internet. The fortune is in the skill set, and the Wealth Funnel System GUARANTEES your success. It is one of the very few opportunities you can find with a 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
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