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 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.
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.
Finally, the most important source of income for ACN representatives: team customer acquisition bonuses, otherwise known as TCAB's. These are bonuses that are received when your organization grows. The amounts of these bonuses vary heavily since it is dependent on a number of factors. Put simply, when you or someone on your team signs up a new representative it counts towards your bonus for that given month. Depending on how many new sign ups occurred in a month for your organization, a certain bonus is paid. You basically get paid when you recruit new individuals into your business and when you acquire customers.
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 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
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For more information 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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