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