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 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.
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 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.
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 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
About the Author:
For more details about Derrick Harper's online business, make sure to check out the Wealth Funnel System and see why it is one of the few online businesses available with a 100% MONEY BACK GUARANTEE.
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