Friday, August 1, 2008

ACN Business Review: Is it A Scam?

By Joe Marquez


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 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.

They pay out commissions in three different ways: personal residual income, overriding residual income, and bonuses. The personal residual comes from customers that you acquire yourself whether they are family, friends, or even strangers. They claim that you can receive up to 10% of the total billing of your customer base, but to reach that tier your total billing has to be upwards of $10,000. So basically, personal residual income equals pennies on the dollar and is ALWAYS insignificant to the new representative.

The second type of residual income, overriding, is the same as personal residual income but with a twist. When you refer your friends and family to the business and they join, when THEY acquire customers themselves you TOO collect a percentage of those customers bills. However, the percentage that you receive is dependent on what level that representative falls on. Rather than get very detailed, you can visit this website for a detailed description of their full compensation plan: https://myacn.acninc.com/MyACN/ShowDoc?DocName=docs/us/en/301.pdf

Lastly, the mother of all commissions with ACN: team customer acquisition bonuses, otherwise known as TCAB's. These are earned when new representatives join your organization. How much these bonuses amount to is dependent on a number of things. Essentially, whenever someone signs up with ACN either through your own efforts or the efforts of another representative in your organization, you get paid. ACN tallies up the total number of new recruits for a given month, and a certain amount is paid to you. So basically, you get paid when you recruit new individuals into ACN and when you acquire new customers.

But the question that most people want answered is if this works? Is it legal? What' the catch? And so on and so on. ACN has been in business for 15 years now and they conduct their operations in 20 different countries. There is no question that they are not operating legally and that they are not a scam, especially with a Donald Trump endorsement. Not only that, but even thought you aren't guaranteed to make lots of money, there certainly individuals who have. Individual results will vary, but you need to remember that in an industry like direct marketing, with ACN or any other company there is a 97% failure rate. That's just how things are with these types of opportunities.

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.

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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