ACN Business Review: Is it A Scam?

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.

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.

Overriding residual income is much more substantial than personal residual income. It comes from the customer base of individuals who have joined ACN and are on your team. When you refer friends or family to ACN and they join, a percentage of the customer billing they create is considered your “overriding residual income.” However, the amount of money that you receive is dependent on a number of factors. For details on the percentages and specifics 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 big question of the day is, does this work? Is it real? Is it legal? Are there hidden fees? And so on and so on. ACN has been in business for 15 years and they’ve been approved to do business in 20 countries which means 20 different governments have given them the OK. It isn’t a scam and it isn’t illegal. Furthermore, MANY people have made money with ACN and a select few have made A LOT of money. Individual results may vary, and you need to understand that in a business like ACN it is a PROVEN STATISTIC that an average of 97% of individuals FAIL. When it comes to multi level marketing, direct sales, direct marketing (whatever you want to call it) that is just how the cookie crumbles.

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