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 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.
ACN compensates its representatives in three different ways: personal residual income, overriding residual income, and bonuses. Representatives earn a "personal" residual income from the total billing of customers that they PERSONALLY REFER. You can make "up to 10%" but that is only if the monthly billing from your customers reaches $10,000 a month. For the most part, the personal residual income is so small that it is completely ignored.
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.
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 harness the power of the internet, building a business like ACN can be VERY simple, provided you have the right information. I'd like to bring your attention to a different opportunity called the Wealth Funnel System. Like ACN, it's about building a business for yourself but doesn't require you to bother your friends or family. The creator, Derrick Harper, has made millions online and has been working on the internet since the early 90's, before most of us were even using the internet. He has worked with big companies like MTV, CMT, Pfizer, Weber Grills, Johnson and Johnson, and more. Nobody can argue that he is VERY experienced. He has put together the Wealth Funnel System to provide people with a business that can be equally as rewarding as it is educational. It teaches the skills necessary to be successful with any internet business venture, and is one of the only businesses you will find that has 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
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.
ACN compensates its representatives in three different ways: personal residual income, overriding residual income, and bonuses. Representatives earn a "personal" residual income from the total billing of customers that they PERSONALLY REFER. You can make "up to 10%" but that is only if the monthly billing from your customers reaches $10,000 a month. For the most part, the personal residual income is so small that it is completely ignored.
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.
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 harness the power of the internet, building a business like ACN can be VERY simple, provided you have the right information. I'd like to bring your attention to a different opportunity called the Wealth Funnel System. Like ACN, it's about building a business for yourself but doesn't require you to bother your friends or family. The creator, Derrick Harper, has made millions online and has been working on the internet since the early 90's, before most of us were even using the internet. He has worked with big companies like MTV, CMT, Pfizer, Weber Grills, Johnson and Johnson, and more. Nobody can argue that he is VERY experienced. He has put together the Wealth Funnel System to provide people with a business that can be equally as rewarding as it is educational. It teaches the skills necessary to be successful with any internet business venture, and is one of the only businesses you will find that has 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 internet business, be sure to check out the Wealth Funnel System and see why it is one of the few internet businesses around with a 100% MONEY BACK GUARANTEE.
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