If you have found this article, I'm assuming that you are looking for answers after seeing the ACN business overview at a friend's place or a hotel meeting. You heard them talk up their video phone and tell you how much money is going to be made with it, and that a simple investment of $499 can get you in on the action. Well, chances are that a majority of what they talked about went over your head. So to help you further understand the business I'd like to briefly review their products and their compensation plan and give you an unbiased opinion of ACN.
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.
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.
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 mother of all commissions with ACN: team customer acquisition bonuses, otherwise known as TCAB's. These are earned when new representatives join your organization. How much these bonuses amount to is dependent on a number of things. Essentially, whenever someone signs up with ACN either through your own efforts or the efforts of another representative in your organization, you get paid. ACN tallies up the total number of new recruits for a given month, and a certain amount is paid to you. So basically, you get paid when you recruit new individuals into ACN and when you acquire new customers.
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 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.
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.
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 mother of all commissions with ACN: team customer acquisition bonuses, otherwise known as TCAB's. These are earned when new representatives join your organization. How much these bonuses amount to is dependent on a number of things. Essentially, whenever someone signs up with ACN either through your own efforts or the efforts of another representative in your organization, you get paid. ACN tallies up the total number of new recruits for a given month, and a certain amount is paid to you. So basically, you get paid when you recruit new individuals into ACN and when you acquire new customers.
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 information about Derrick Harper's online business, make sure to check out the Wealth Funnel System and see why it is one of the few online businesses around with a 100% MONEY BACK GUARANTEE.
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