ACN Review: Scam Or Not?
If you have found this article, I’m assuming that you are looking for answers after seeing the ACN business overview at a friend’s place or a hotel meeting. You heard them talk up their video phone and tell you how much money is going to be made with it, and that a simple investment of $499 can get you in on the action. Well, chances are that a majority of what they talked about went over your head. So to help you further understand the business I’d like to briefly review their products and their compensation plan and give you an unbiased opinion of ACN.
Let’s start at the beginning. ACN is a global telecommunications company that started 15 years ago in Detroit. They offer several different products that include home phone service, cell phone service, satellite tv, digital phone service, and the mother of all their products: 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.
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.
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