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2008
31
July

ACN MLM Scam: Read This Review

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.

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 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 it isn’t a question of whether ACN is real or legal, it’s whether ACN is the best opportunity for the price they charge: $499. Not necessarily. ACN adopts a very old school method of building a business. Talk to friends, family, and acquaintances and make a list of people who you think would like to make more money. This is what they tell you. But what happens when you run out of friends and family to talk to? Either you quit, or like the top earners in the company you get creative. I know for a fact that some of the million dollar earners use advertisements on the internet, classifieds, stores, you name it. Some of them will just walk around a public area and talk to strangers. This is what it takes to make the big bucks. Sooner or later that is what it comes down to. That may scare some people, but it’s the truth.

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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