ACN:Pyramid Scheme or Exciting Biz Op?
REDDING LIFESTYLES, SHASTA COUNTY
May 4th, 2009
In the past few weeks, I have been approached by two respected colleagues inviting me to attend an informational meeting about a business opportunity. When I tried to coax details from the two, they were evasive. However, I did get the company name which allowed me to do some research on the Internet.
ACN, American Communications Network, appears to be a global corporation selling communication products including phone and satellite TV services. For $499 buy in, you can then sell products and services to family, friends and clients. Why the buy in fee? According to those that have joined, it’s a necessary fee to assure you will be committed to pushing the product.
The hook is the residual income you will earn every time someone you have sold the services to makes a call or runs up their communications bill. Who wouldn’t want to make income off their friends, family and clients while they sleep? Well, not me for one.
I looked up ACN on http://www.ripoffreport.com/ and wasn’t excited about what I saw. First, their is the three minute video done by a SoCal TV station investigative reporter that talked to current and ex members of this company. The interview he did with ACN’s attorney was particularly telling. Click here to watch:
http://www.myfoxla.com/dpp/news/investigative/ACN_Good_Opportunity_or_Pyramid_Scheme_20091129
Google ACN and you will get a mix of information from ACN, members and others calling it nothing more than a multilevel marketing scheme. I suggest before you write a check, do some research and decide for yourself if ACN is a legitimate way to make thousands upon thousands per month or if this is a scam that will soon run out of steam and implode when no new recruits pay the piper.
I would also recommend reviewing some of the posts on Ripoffreports.com concerning what happens if you terminate your phone service early. It could cost you a whole lot more than the sign up fee!
530-224-6767 or 530-941-7492
BRAD GARBUTT
REALTOR/BROKER ASSOCIATE
REAL ESTATE PROFESSIONALSGMAC
CORNER OF COURT AND PLACER
QUARTER CENTURY LOCAL REAL ESTATE EXPERIENCE
ACN is a company of the highest integrity. In line with that claim and goal three former Attorney Generals are on staff and any Independent Representative who fails to be truthful and follow the rules will be dismissed. If you look for the negative side of any company, you will find it.
Pyramid Scheme? Firstly, they are illegal. And by definition a “pyramid” is based on putting in money, more money and more money without the benefit of real products. That’s not the case. And if it were a pyramid, there are some interesting people involved including Donald Trump, NBC, he producers and sponsors of The Celebrity Apprentice, several national publications with favorable reports and thosands of Independent Reps who are helping people and changing lives.
ACN may be legal.However, it is certainly operating a business that is unethical at the best…..Try to get the answers to these questions:
* how many reps have been recruited since 1993 ?
*how may are still active in the business ? they say over 200,000…..My upline has been in the business for less than a year and over 200,000 had been recruited between them and me….Does that mean that the the equivalent of everyone who became reps over 15 years are no longer in the business ?
* what is the average income of reps at various levels of so-called achievement..ie TT,QTT,ETT,TC,etc…..Youl will never find out…..Any legitimate company would be happy and proud to share this information…..
* Is Donald Trump and Independent Rep ? and how much was or is he paid to endorse the company ?
Thanks Bruce. I agree with your opinion of this scam. My point is anyone thinking of writing a check for $499 needs to ask questions and research the company’s claims thoroughly before making a decision. Hearing from a rep that has been with the company for some time is more telling than the sales pitch at recruiting sessions…
thank you for this information. in this economy many people are desperate to make money. this is just another scheme to rip off the unsuspecting.
You’ve been duped by the best Ske…good luck on your ACN venture!
(These are the words and sole opinions of Travis Westbrook and do not necessarily represent the opinions of ACN or any of its affiliates)
I may be only 23 years of age. But when real opportunity is in front of me I take it. I am a recently new QTT for the fine company ACN and so far what I have experienced is purely positive. Our company is one of few who is truly providing life changing opportunity for all walks of life. There are no false promises within our company. I ask this to any and all, is it the fear of the truly possible that holds you back from taking a hold of an opportunity such as the one ACN provides? I strongly agree with researching this or any business investment opportunity before going forth. Doing so will provide you or anyone with the necessary knowledge that is needed in backing any strong business. So I end with this, to any of you open minded fine individuals who can truly see what we are offering to you and for you, research first and in doing so you will be ready to commit to the greatest opportunity you will ever have presented to you.
I was approached by a rep for these guys. He actually brought another rep with him who was the “talker.” All he was obsessed with telling me was I had to recruit people. All I wanted to know was how would I sell the actual products? He constantly gave me vague answers. THe idea of recruiting to people to sell something I didn’t know how to sell made no sense. Why wasn’t the rep showing me a website where these products are sold? Why was it so hard to get a definitive answer from him? I then asked to see the box his fancy ACN videophone (that I never saw or heard of) came in. It took me a second to see it had no markings on it at all. No barcode, no info on where it was made… NOTHING. That sealed the deal for me. I am mad at myself for not realizing the scam for the beginning (pay a fee first? Yeah, right) but I am usually a tough nut to crack when it comes to convincing me to join anything. You didn’t get me ACN scammers! HAHAHAHAHAHAHA!!!!
Travis Westbrook, you sound like a classic brainwashed, clueless robot. No wonder you fell for it. ACN has NOTHING to offer. I have never ever seen their products being used. Where is their website Travis? How come your rep never explained a thing about SELLING PRODUCTS? All he talked about for an hour was RECRUITING!
A friend is trying to get me in on ACN and so I did the homework. Here is what the deal is, you can make money, but you need to invest money first. You need to attend meetings, they want you at National Conventions. From the eyes of someone who has not been to a meeting but has heard both sides of the argument I can tell you that my friend has changed–like a drug addict and after 3 months of meetings she has yet to sell a soul, and it isn’t without effort.
The opposite is true for her sister, she is doing well, not buying a beach house well but not desperately begging for me to sign up. The difference? If you have a wide amount of friends, connections and you have done some sort of thing like this before you could feasibly make money, and if you get enough people signed up the pay out is real, so it isn’t really a scam. However you have to really do the math, and realize as the low dog you need to sell a million in product to make 10,000 (over the life of a two year contract) calculate the odds of becoming a top producer (less than 3 percent success on this) and realize that selling to friends means when the dish goes out during a storm they are going to blame you, billing issue they blame you, bad reception, yup you got it…Get them to sell for you, and statistically only 3 out of 100 friends will succeed. They won’t be at all resentful at the family picnic when they never see their 500 dollars back, nope.
Those truly in the telecom know can tell you can become an independant rep for many communication companies without paying a fee, forcing your friends to sell for you–heck you can even sell to businesses if that is what you really want. Have any of you ACN folks really looked into ACN comps vs industry communication comps? I was paid 35,000 dollars base plus 4% for residential lines a few years back. I even made commission on my own phone line, how about that…
If you look about the legal disputes in Australia and Canada as to whether ACN is legit, you see why they have attorney generals on their side. Having some sales training, I know what a warm call is–it is all I do, and well I have never sold to a family member. Perhaps they want you to sell to your family becuase they are easier to guilt and less likely to sue.
25,000 people can’t be wrong..so the Nazis were right? and so is Al Quieda?
Ok and thousands of people have pointed out that Trump paid, not paid, vested or not has endorsed them. Well if ACN is so great, why is he coming up with his own Trump Network MLM that sells vitamins and is now touting it at “prelaunch” as the best thing ever-but wait I though ACN was the best thing ever? Confused…
So the video phone, been around since the early 90’s and not really catching on that well. Maybe Trump will change that but I am not getting on the picture phone to call in sick to work in my beach clothes,that is for sure!
I find it interesting that after all this great training and 3 months of meetings my friend can’t tell me what VOIP stands for, never mind how it works, but she wants me to sell it for this “perfect storm”. She has yet to realize that the dish network is the same as satellite TV, so what are they training her on I do not know.They are certainly not training her on theon the product-which I the consumer find well, kind of important.
So end of the day, yes you can make money at ACN, yes people do but it is still a great deal of work and a substantial financial investment. I get concerned about these people with great passion who can only argue what they were trained to do in the meeting. If you have done enough of homework, and I mean “unbiased” homework–not just going to a meeting than you might find you might clean up just as much on commissions working part time at the mall selling cell plans to outright strangers, and maybe, just maybe you’ll be the owner of your own cart some day–perhaps a franchise. Personally, I would wait because Donald’s MLM is going to be the biggest and best ever!
When I was presented with this opportunity by a family member I absolutely was interested, but not without doing my research first. A long story short, I kept an open mind and spent 15 hours researching ACN knowing the internet will have a million good and bad things to say about it.
It *IS* a legitimate company and people DO and WILL continue make money from this. The question comes into whether you feel like you are the right fit for this business. Yes, even though they tell you residual, residual, residual – you need to understand to make any money you are going to have to recruit – that is that. There is no way to leverage anything without recruiting.
I think the key to doing this right is having an upline you can actually trust. People who are not going to BS you and give you all the hype, but rather tell you straight up that this opportunity is hard work and you are not and may never make thousands of dollars a month from this, BUT if you do work hard and stick with it the potential is there. Even if you stuck with it and worked hard, made your money back from it and then never did anything else – was it not worth the experience? If you are going into this to make a million dollars your first month and never do a thing, do not waste your money.
Next, you have to hold your morals what ever they might be. Don’t go around deceiving people into thinking they are going to make a million dollars on their second week. Most of all – study who your upline is/will be and make sure they hold the same values as you. What I know is with this business you can get many different personalities (as in any business) – people who want to lie and cheat you and promise you the world, and those who will be honest and straight up with you and tell you it takes hard work but it IS possible if you put in the time and effort.
As well, YOU as an individual need to put in the time and effort understanding the products and services if you don’t already. Know the terms, abbreviations and what they do. Take responsibility for doing your homework on what you are trying to promote and I believe you will be a lot more successful when talking to others.
DO NOT force people to join – that is how and why people lose family/friends. If they say they are not interested do not prod them and prod them to join. I see so many stories of how ACN ruined people’s lives because their family and friends no longer want to talk to them. I have to ask how were you recruiting? I hate pushy car salesman who try to get you in the door to make a sale – it makes them seem desperate for something. I much rather enjoy an individual who comes up to me and simply tries to help me on my purchase and gives me a card so I am able to call him if I am ready to make a decision. Do not push and push – for most people it is annoying and leaves a bad taste in their mouth. Put yourself in other people’s situations and try to figure out how you would react on the techniques you are using.
I do not like how ACN promises that the video phone will someday be in homes all across America – that is predicting the future and I do not know how they can necessarily make statements like that. The good thing is they are continually developing new products and services, so although the video phone may never explode you do have the chance to eventually market something that will.
Look at the comp plan carefully. The system IS top heavy. You have to work hard to move up and be getting paid. Go into this business knowing that, again, YOU WILL WORK HARD to make money. This is not a GET RICH QUICK business, NOTHING is no matter what or how they portray it.
It is a business. To me, the fee is relatively low and it is not the only business that people pay up front fees before ever seeing a dime of money. People wanting to sell real estate spend money on classes and training before even making a sale. For all they know they may NEVER make a sale and in turn never make their money back on what they invested into it.
If you can do it money wise and you feel you’re the right fit for it, do it. If you’re willing to take the risk and work hard it can pay off.
Brandon leaves a balanced post. I’ve been an ACN rep for a few months, and I can attest that it does work. As in any endeavor in life, if you expect big results with little effort, you will be disappointed. I’ve been a traditional business owner for many years, and in this economy, that model does not perform like it used to. ACN takes time and work, but it is worth the effort. The products and services are provided by all the major telecommunications companies we are all familiar with, like Verizon, Direct TV, etc. After my research, I decided that since we all use these services anyway, and will continue to in the future, I might as well participate in the income. There are no secrets here, no “get rich quick” promises. There is, however, a great opportunity for people who are willing to put forth some effort to change their lives for the better.
I decided to google ACN today to see how it was doing and if it had yet been unveiled as the ’scam’ that it is. Two years ago I was approached by an older married couple (”friends”) of mine who tried to bully and push me into becoming and ACN rep for weeks, telling me that they had organised for a senior rep to come from abroad to speak with me and that it’d be really rude not to go etc etc etc…
I was 23 at the time and having difficulty in my current job but thankfully had my wits about me, did my research and decided not to go along with it. They refused to tell me how much they each made, they refused to go into detail about the products they were selling, yet they were highly intent on me being involved and this really got my back up.
I’m glad I had the strength of character to say NO as the peer pressure these people use against you is intense and especially now more than ever when people are so vulnerable, they could end up losing more than just the initial fee. Needless to say, I no longer keep in touch with these friends. If nothing else, ACN will give you a life lesson
Wow, google has become “intensive research” for some folks – how amusing!
I am an ACN Rep and have been for several years. I was lazy when I first got started, and “I” didn’t do what I needed to do to build my business. I finally “got it” about two years ago and decided to get off my duff and treat this business with the respect that it deserves. Now, my business is growing – I make several hundred a month in residuals – and earn bonuses every month. I don’t whine about how I didn’t make money as fast as I thought I should, or blame anyone else for my fears or lack of effort in the beginning. The training and support were always there – “I” didn’t work hard enough, or consistantly enough to make the level of income that was available. Others worked harder than me and did extremely well (even friends that started at the same time as me). Some did worst than me (some people come onto my team and never signed up a customer, while others signed up 40 or more personal customers).
Anything that people don’t understand, have failed at, or are too afraid that they may fail at it – is easy to dismiss as a scam, bad, etc.
So…if you have had a less than desirable experience with ACN or any other business venture – accept responsibility for YOUR failings, learn from it & grow from it. Maybe, a better person will emerge to lead you to success in your next venture!
One more thing-
I wonder if Real Estate folks are as unethical and self-serving as folks have been saying. I have some friends and family members that had some bad experiences with realtors and they say it is all a scam. I hear that they “are in bed with” mortgage folks to rip people off. It must be true because I found it during my intensive research on Google!!
I have a longtime neighbor, whom I’ve known for 20 years but rarely see/talk to, cold-call me & ask if I was open to the idea of making some money. She’s kinda dingbatty & has been involved with Amway & other such MLM crap over the years. I told her upfront that yes I was, as long as it didn’t involve sales. She lied thru her teeth & said “No, this is an exciting new technology, an opportunity to get in on the ground floor” yada yada yada. I figured it was BS but what the heck, I’ll give her a bit of my time.
So I go to the meeting, & as expected there’s a few other average-Joe folks there. She gets up & starts the enthusiastc canned intro for the rep, whom she’s known for all of 3 months. Turns out he remembered me from years ago, when he was working a roofing job & needed my assitance. It was a crap job that I had a hard time getting paid & I remember at the time thinking the guy was a schlubby idiot. But, like I said it was a long time ago so I’ll be polite & listen to his spiel, for a little bit anyway.
After Ms Dingbat effusively yaps about how great this opportunity is & runs the intro video hosted by the whoredawg mother of all scammers himself (I won’t mention any names, but the word “apprentice” should clue you in), she turns it over to Schlubby. He prattles some more vague jibberish (”Now who can argue with that?”) for several minutes, then on cue Ms. Dingbat’s whipped husband dutifully passes around clipboards with some flashy brochure showing the classic Pyramid Scheme, along with the dreaded trigger phrase “MLM.” Just like they taught him at the $499 seminar I guess (more on that in a moment).
At this point I’m thinking to myself “Ohh-KAY what part of ‘I don’t do sales’ did Ms. Dingbat not comprehend?” As Schlubby continues his pull-my-string Chatty Cathy pitch about all the wonderful people he met at some training session thing he went to, I look around at the other Potential Marks (& Markettes), wondering if they are also choking on this load of camel dung but are too nice to cough it up. I mean, people like Ms. Dingbat & Mr. Whipped have always preyed on their so-called friends & families ever since the dawn of MLM! The Conjob Hokey-Pokey– That’s What It’s All About!
So while Schlubby tapdances & sings I flip past the glossy cover page & illustrated, misleading MLM pitch sheet (you, too can Get Rich!)– it actually SHOWS a frikkin PYRAMID!!!!– to find what appears to be some sort of enrollment form with teeny-tiny print. WTF? $499 enrollment fee? Service agreement? Webpage monthly fee? Credit card number? WHOA beeeyatch, time out!
That’s when I decided these fools had wasted enough of my time. I stood up, looked Schlubby in the eye (realizing he, Ms. Dingbat & Mr. Whipped must’ve already coughed up the $499-plus & now were desperately trying to climb up the slippery slope of the pyramid– on OUR poor-bastard shoulders!) and politely said “Excuse me, but I gotta go. This isn’t for me,” handed Mr. Whipped his clipboard-with-marketing-materials-&-convenient-pen-to-sign-away-my-$499, turned on my heels and said AMF.
Schlubby seemed taken off-guard, probably his “trainers” had told him his Potential Marks & Markettes would most likely be far too polite to ever do such a thing. Whatever, dude, rots of ruck finding enough sheep to fleece!
The next day I googled “ACN complaints” & much to my non-surprise, quite the manure pile floated up. So I gave Ms. Dingbat a courtesy call & said “I just wanted to let you know I checked ACN out & it’s a scam– you might want to think about it before you get too involved.” Hey, I’ll be a good neighbor even though she tried to scam me– maybe she really DIDN’T know. Yeah, right– she cuts me off mid-sentence, gets all huffy & says “IT’S NOT A SCAM!!!” & hangs up on me. You’re welcome!
I guess she won’t be inviting me to any Amway-Tupperware parties anytime soon. Boo-hoo!
All I can say is, buyer beware– with phoney friends like her, who needs enemas? Assume everything’s a scam til proven otherwise & take 10 minutes to check it out before forking over so much as a wooden nickel!
We arrived at the same conclusion. However, I did my internet research before deciding whether or not to attend a sales pitch. Even Donald’s blessing didn’t convince me this was not a pyramid scheme. Sorry about your neighbor. Hope you can still get along…Brad
I didn’t have time or opportunity to check it out beforehand– she called me the evening before the “Sham-wow powwow” & was cagey, wouldn’t divulge any information as to the name of the company or what it was scamming. Otherwise yeah I’d have disrupted the hell outta that meeting!
Where I live, the houses are all on acre-plus lots, so neighborliness isn’t much of a factor. One neighbor up & died on Dingbat’s street (the next one over) & I had no idea for like 2 years.
I attended on tonight (August 17th) off an invitation from someone I just met. Not knowing anything or heard from the company before, I thought the presentation went well. But the writings on the contract application pretty much explain what is expected from one aspirant IR (Independent Representative) and what’s needed to be done to secure one’s place in their Compensation plan. I wasn’t too particularly sure as to how to interpret Term on the line item 2, second sentence–on the part with the split infinitives. That line is quite vague, and it didn’t seem to make sense. The fee–was explained, and made sense as to how it would come into play once you’re an IR. Nothing hidden. I did not jump right it and join as I needed more reading on the matter, and ‘this’ is one that I encountered. I don’t have a full time job at this time, and that’s the reason why I being extra careful, and cautious before I make commitment on trying a new line of sustenance; and I see that having read a few of what’s been experienced by others it really is a trying business.
I just went to one of these meetings last night.
I’m still debating about investing $500.00. Can anyone break down or explain where this money is going to? I believe this money is use to pay bonuses to keep members motivated into recruiting more people. The other question I have is what happens when these video phones are sold in retail stores? It may look like I’m bashing the business, but I feel these are valid questions.
I attended one of those meetings here in orange county-CA last week and the Rep who is supposely a top “closer” wouldn’t answer me simple questions about their product line,he showed me a bunch of numbers that didn’t make a lot of sense to me till he finally came out and said to me that it is all about the number of prospects I’m able to recruit.He finally showed me some of their products after I said I was leaving…Bottom line…the products are worthless, any one with a half a brain can get a similar deal with direct t.v. ADT security services and use their cell phone to make long distance phone calls and besides that, anyone can download skype on their P.C. and talk to anyone worldwide and see each other with a web.cam for FREE and replace their so called “high-tech phone”. He kept mentioning about the residuals that a rep can make…I just did a simple math and calculated earning pennies unless if You’re able to keep recruiting more and more prospects. He then admitted to me that there are a lot of “blue -collar” people out there that dont have the type of knowledge I have , and those will be easy for me to recruit..He also talked about Donald trump which I never cared for. By the way, The sign up fee is $499.00 but the whole package out the door is about $700.00 plus some type of monthly garbage fees..I believe now, after attenting that vague meeting and watching the report from fox news about ACN that this company is nothing more than a scam….
I agree with your assessment of this gig. Most commenters on this post agree with your conclusion.
I think it’s funny how ACN has posted a bunch of propaganda comments on your site, Brad. I don’t understand how anyone can be so ignorant as to think that these businesses work.
ACN IS A SCAM! you make no money! People wake stop dreaming You cant put it on a resume you wont get hired. It targets youth who dont know any better and less educated adults. Go to college get a real job is your best bet to success! Put that 500 dollars into a roth IRA or invest.
I own several successful businesses in town, and after being involved in ACN for a little over 7 months, it now has replaced my income and has given me the peace of mind that i have been searching for for many years. It’s not for everyone especially not for people that feel so obligated to make their two cents known and leave negative comments about something that they will never fully understand. This business has given me the priveledge to touch many others lives, and to give someone hope through a harsh and trying economy. As a closing statement to everyone that has negative words….You be right and ill be rich! after all someone has to wash our cars and sell our houses…
I’d just like to point out that all of the positive comments in this thread revolve around exact words used by ACN representatives. Words like “I didn’t make money until I worked hard enough” or “it’s not for everybody” and “it replaced my income” are all used in their marketing schematics.
This may be a legitimate way to make short term money if you “work hard” enough, but it’s going to come at the cost of your friends and family and it’s very likely that it won’t propel you into retirement (who the fck would buy one of their crappy phones? You KNOW legitimate companies are going to be coming out with better ones when the demand is there).
First of all, Rocket Rick on post # 14 should be a comedian if you’re not already! I was about to pee my pants I was laughing so hard after reading your story! As for ACN, my father-n-law just joined this company around the first of this month and they’ve been holding these meetings at their house for the past few weekends now but I only got to catch the tail end of one of the “training meetings” rather than a “recruiting meeting”. I will admit, pretty much all of the “too good to be true” things I usually just brush it off and forget about it due to my scepticism, but one thing that caught my attention at this piece of a mtg I saw was a photocopy of 2 checks from ACN to a lady that joined the company in August (2 months ago). One was for $450 and the other was for $500 and they came 2 weeks apart. I realize that this is some of the bonus payments that they talk about, but if this isn’t too extremely hard to reach then at least it would pay for your entry fees so you wouldn’t necessarily have lost anything for trying. Now I’m not by any means saying I think this company is the way to go, but I have seen proof that you can get paid which to me helps their pitch! I’d still like to hear from someone that’s been in for a few months to a year as to how much you could realistically expect to make with residuals and bonuses. Any info would be much appreciated!
If you research exponential math you will realize that it is very unlikely that you will get any significant residual income. Your income will come from bonuses which are sources from getting new reps. The services are there so as to male the scheme legal. That is why they focus on getting more reps and not selling the service. They know where the income is coming from even if you don’t.
To prove me wrong they will site examples of 10% but that requires a depth of 7 levels. With an understanding of exponential math you will know that is highly unlikely and therefore you will lose your 500 and your friends in the process.
I will be proven right as soon as the exponential math depletes the number of idiots out there. It will stop growing and most 99% will be loosers. Then it’s back to walmart for them until the Donald comes out with a new one. Then we will meet again and discuss how the new one is just like acn.
I just want to point out to all of you that a businesses success or ethical value cannot be judged by how many people fail at it. I’ve been selling commercial insurance products for the last six years, and there have probably been ten times as many people come and go from this business than have tried and failed in ACN. Also, just because some idiot rep cannot explain why or how it is a sound business model doesn’t mean that it is not. It sounds like most of you want some one to give you a risk free, guaranteed, nothing required of you hand-out. To succeed in anything requires hard work and creativity, so good luck at whatever you do, but no one is going to GIVE you all the things most people work very hard for!
This is for Joe #18…
I’m not promoting ACN, but I will take a crack at why they would charge you $500 dollars to start your position.
I’ve started three businesses, and all three of them cost me quite a bit of money to launch. There is a lot of overhead associated with having offices, employees, benefits, call centers, websites and technology, accounting and legal fees, marketing, product development and management (someone, probably a team of people have to manage all the relationships and interactions with the name brand companies ACN represents). This all costs money! Lots of money! I do know ACN has thousands of employees. And I’m not talking about the independent reps, but actual staff employees.
So my first answer is simple, business overhead. Many of the people that have left comments on this page have had someone else sign their paychecks their entire career, and they have no clue how much it costs to give them a place to go to work everyday.
Your second question is are the bonuses paid to recruit people? Technically the money comes from the services that the new recruit acquires. If an independent rep recruits a new person, and that new rep doesn’t sell any services, then no one gets any money or bonuses. So no. But, the bonus is paid based on the new services sold and it is definitely a motivator for people who are just getting started.
In closing, the multi-level aspect of the business works. It really does. Most sales organizations are multi-level, just ask for your companies organizational chart. You’ll see that there are many levels, and the people above you get bonuses and incentives based on your production. Also, the truth is if I were DirectTV for example, and I wanted new customers to sign up for my service, I would want 1,000 people telling a few of their friends and family to sign up. That would be much better than having one really hard worker that worked 60 hours a week and sold a few hundred services. So you can’t be mad at ACN for creating a model that actually sells more services than any one person could (no matter how much you compensate them or how much they worked). Traditional corporations use the strategy of under staffing and overworking their employees, the ACN model is more people do less work. The over all result is that more products and services are sold, and a few people get really rich, but most people don’t. And some people quit before they make any money.
Hey Brad, I just did the same kind of research you did on google and found out that Realtors are all crooks!! How can you say that you helped thousands of families? Based on the information I found on the internet, it sounds like all you did is scam people out of money. You know I used to think you were an intelligent guy, but, like most fools, you opened your mouth about something you know nothing about, and confirmed your true identity!!
ACN is a business opportunity for some and a scam for others. Does it really matter? Any multi level marketing company will allow very few to become rich and have residual income. The best of luck to those that join but the above is the truth. The 1 problem I see with multi level companies is
#1 – You will piss off a lot of people in hopes of creating a selfish income for you and your family. Don’t we live in such a great world where our focus is constantly on ourselves and not on others?
To comment #23, success is what an individual thinks of his or her own accomplishments. Nice job with your several successful businesses. I would have to say that success means $#*$. It’s all personal and individually created. Who cares about Donald Trump and his endorsements? I wonder how many people from ACN are joining Donald Trumps new multi level company since he is soooooo succesful.
Awesome
I have a friend who got involved with a similar company years ago. It was a MLM long distance company that popped up around the time of deregulation. At the time there was AT&T or AT&T. No other choice for long distance. WHAT AN OPPORTUNITY!
My friend quit his job and devoted 60 hours a week to this MLM. He rose many levels to the point where he was renting meeting rooms and holding recruiting seminars. The money started to flow in — then trickled off. As fast as he recruited new “Sales Reps” they’d lose interest and fade away. After about a year it became harder and harder to recruit and customers of the “product” became disillusioned and switched providers.
After more than a year of 60 hour weeks he confessed that he had 5 figure months occassionally but if averaged it out he was making little better than minimum wage.
I would like to hear from ACN reps that were successfull and have been with the company for over 2 years. I would also like to hear from someone that Joined ACN was with them for a couple of years and left. Why did you leave? What are you thoughts about ACN now?
Thank you,
T
I just left an invite for dinner and an opportunity for an investment at groundlevel… i.e. ACN… it’s funny with all the comments that the last one requesting ACN reps to respond that were successfull was not responded to.. hmmm makes me wonder… definitley a pyramid… it seems to me that what ACN has to offer is the actual video phone which requires a computer i.e. high speed internet or wireless etc… for it to even work… the rest of the services are “brokerage” services… where commission is paid to ACN for brokering the deal that is why they are “compatible” with all carriers. They asked for $499 and talked about the residuals with the flashy video.. I already make six figures a year albeit low six figures.. My question is how do you tell someone i.e. a friend that what they are getting into is not good when they are so excited about it??? If this is legit than why hasn’t someone answered the last comment on this thread from 1/29/10???????
I was just invited to attend one of these meetings next week Monday and it was NOT disclosed to me as to what the company name was or what they did. So – I simply called the hotel and asked them what company had booked their banquet room for Monday night and they happily told me. I have been online for the past two hours trying to find a business plan or anything like this about the company and it just is not there.
The person who invited me did so after I told her about the company I am with. Ladies and Gentlemen – unless you have a lot of time to spend nagging relatives, friends (who will soon be x-friends), don’t get involved with an MLM. horizontal marketing does not create residual income because there is nothing to leverage. You create competition and this is why you get paid for recruiting, not selling. This is why as you recruit more, you climb higher because you move to the next level. If the business you are looking at sells a product but focuses more on recruiting than on product training – BE VERY CAUTIOUS!!!
The company I am with operates on a VERTICAL MARKETING process. Where you come in with this business – you stay and build from there. 100% of everyone’s volume flows upward so the business plan CREATES SYNERGY, CREATES A TEAM CONCEPT where we work with each other and develop our client base. This company was ranked 66 of the top 500 online retailers in the US in 2009. Our corporate IT department HIRED AN ADDITIONAL 74 IT PROFESSIONALS in 2009 because of our growth. We have over 40 million products available through our 3000+ partner stores – making our web portal (not a website or just a few pages) the only place anyone needs to go for their shopping needs. Yes, we have our own branded products as well but why would you limite yourself to selling a handful of items? Why would you work for a company that is so hush-hush about who they are when you are invited to a presentation? I cannot say the companies name in this posting but if you would like more information and to learn of a company that EXEMPLIFIES A TEAM CONCEPT, that works in SYNERGY WITH EVERYONE ON THE TEAM and NOT IN COMPETITION WITH EACH OTHER – please email me at jamesbrodnicki at comcast dot net. I will be happy to share as much or as little information as you want.
This economy is the time when home businesses take off and my recommendation is for everyone to look at their entrepenuerial skills – we all have them to some degree. But get enough information about a variety of businesses so you can make an informed and educated decision of who you want to be affiliated with. I hope to hear from you.
If you want to do research on a subject, then do real research. A google search is not research. Everyone knows for $10 you can write anything on the internet. It’s a bathroom wall. I went ahead and did some real research for those that must have cheated in school, and here is what I came up with.
The BBB has ACN as an accredited business. It’s listed as a telecommunications company, started in 1993, with an A+ ranking. If so many people have been scamed as was stated earlier, how on earth after 17 years could this company have such a high ranking with the Better Business Bureau. They received the top award in 2009 for all direct sales companies regarding training for their representitives. The DSA or Direct Selling Association gave ACN the “success award” in 2009 for their outstanding performance and growth. The DSA is an industry regulatory organization just like the CPA is for Accountants. I talked with volunteers for Ronald McDonald houses in my area and what I found is that ACN has donated over a million dollars in charitable donations. I looked deeper into the services and here is what I discovered. Traditional local and long distance- I compared my providers prices with ACN’s and ACNs were less money. I did the same with the high speed internet prices, and again ACN had cheaper prices. The digital phone service was the same cost as Vonage and cheaper then Comcast by far, with video technology that the other two do not offer. As far as cell phones, they have all the major carriers, with the same price on the plans and the hardware (phones) is significantly discounted. For example, the Droid is $100 cheaper through ACN then directly from Verizon. Satellite TV, both major carriers with better prices on the plans. For example, ACN customers save $5 a month more ordering Directv through ACN instead of ordering straight through Directv even with Directvs best deals that are advertised. ADT home security. They will install a house for free, up to $850 worth of hardware, plans are the same price signing up through ACN.
ACN is saving people money on a lot of the services they are all ready using. If Representitives are going to their families and friends asking them to save money, it seems to me that they are doing them a good deed, rather then making money off them. Yes, they do make a commission off of these services, but if you are a friend of the person asking you to sign up services it sounds like a win win to me. I would prefer to sign up services through a friend and save money instead of paying it to some huge Corporation directly. If my friend makes a commission from me, that is fantastic. I would love to help a friends business. In todays economy, saving money on services seems like a good thing.
As far as the business model, I cannot find a flaw in it. I read above about the whole pyramid thing. All businesses are built based upon a pryamid. Look at a bank. The CEO makes millions a year, the managers make decent money, the tellers don’t make hardly any money, and the bank doesn’t operate without customers. Does the teller ever have a chance to make as much as the person at the top,the CEO? Never going to happen. Doesn’t that make it a pryamid? Lets look at my Brothers situation. He went to a good college, spent 6 years and $60k on his education. He now works for a computer company in the Silicon Valley. The average salary at the company is 70k. The CEO makes 35 million a year. It would take him over 400 years to make the same amount of money. He has no chance of ever making the same money as the person at the top. Isn’t this a pryamid? I am a business owner myself and it cost me over $100k to start my business and I can tell you one thing. I make a 6 figure salary a year with my business, as long as i’m not sick, hurt, or taking a vacation. I make a decent living, but will never get rich with my own company. In doing the research for this letter I started attending local ACN meetings to hear what the Representitives were saying. Not once did I ever hear anything vague about the business. Every meeting I heard the top people say ” this is not a get rich quick scheme, if anything we said made you beleive that this was a get rich quick scheme, then you were not listening to what we have been saying”. They did say, “this is a chance to build long term wealth, slowly, and through hard work”. “however,if you do not work, you will not get paid”, “if you do not aquire customers, you will not get paid”. This was not pushy or vague in any way. These people I met, were some of the nicest, inspirational, and most integral people I have ever met in my life.
In conclusion, ACN allows people to perhaps help their family and friends save money on services that they will use for the rest of their lives and in return get paid a commision. Why should they not get paid a commision for their time. Some will make no or little money and some will become millionaires from the company. For a small investment of $500 to own your own business, to have a chance to make a lot of money, why not give it a go. People spend lots of money on the lottery and have a very small chance to win big. Does that make it a scam. I have gone to dinner with friends and spent $500.I have decided that for a $500 investment I will become a representitive. I’ll keep in touch and tell you how it’s going. For the people that went to some bad meetings, as in any business you find the good with the bad. It is lack of knowledge that make people sceptical. Go out and get your questions answered to see if the business makes sense for you.
Good luck making your decision,
K.M.
Thanks KM,
You could not have said it any better. I have been an ACN Rep for five weeks and already made my $499.00 back through the bonus. I also keep hearing that its not a get rich quick scheme that the company has been established for 19 years and is still growing. A friend of mine was actually convinced that ACN wasn’t a scam by reading this site and all of the weak arguments. The main one is always Pyramid, well, the pyramid concept is in every working entity. I also think its ironic that of all people a Realtor would create a site calling a legitimite company a scam when in this day and age Realtors are scamming the public in the housing market and legit MLM companies are helping people. Great Site….Thanks for promoting ACN.
I intend to follow your advice.
Interesting but predictable “scam-site”. Predictablt negative comments.
Nick Cordano has the most credible response given that he has actually worked the business. Most people are governed by their fears, and they are quick to criticize, but slow to act and rely upon faith in their own abilities. There has never been a statue erected to a critic, and for good reason.
The negative posters use the fact that 3% achieve the highest levels as a reason not to do this. This is the very reason I chose to do it. I am a physician. In my educational process, there was a substantial weeding out phase, with only a percentage making it to M.D. Being in the top 3% was not a reason to fear, but a reason to have faith in one’s own ability.
By the way, I also have a law degree and have passed the Bar Exam, and many posters know who I am. It takes a person wholly ignorant of the law to call or label this a pyramid scheme. Interesting that a Realtor would chose to bash a busniness he knows nothing about.
Network marketing eliminates the numerous middelmen and advertisers and distributes a produce or service directly to the consumer. Look at the revolutionary way Michael Dell marketed computers directly to the public via the internet and eliminated the retail store. Brilliant, efficient, and he did both the consumers and his company a service.
ACN found a way to distribute Wireless, Satellite TV, Local Long Distance, ADT, and of course VOIP directly to the consumer thereby creating value for both the rep and the customer. Brilliant job.
To Kevin M, if you want to want to gauge a company’s performance, I suggest you NOT use the BBB as a benchmark. The BBB has a fundamental conflict of interest … it survives only by donations of member companies. If the BBB were to cause injury to a member company, that company might leave BBB and BBB would in turn lose money.
Case in point. I own a flooring store in the Denver area. Home Depot, Carpet Exchange and others come up through the BBB with a squeaky clean bill of health. Do I really believe that? No, I come across angry customers of these and other big box retail stores all the time.
People simply don’t contact the BBB any more when there is a problem. First, it doesn’t occur to them to do so. Second, the BBB will try to bury the complaint by acting as an ombudsman, which IMO, means making the complainer go away.
So, as you sit here making fun of people who use Google to do research, I suggest that using the BBB as a metric is much more frivolous.
well I glad to hear that I am not the only one that wasn’t stupid enough to get involved with this MLM..My friends cousin was involved with this company for about a year and was the leader of the Grey and Bruce county up north, Ontario, Canada and thank god I had him to talk to since I was just recently approached and went to one of those meetings that my friend invited me too. So not only did I speak to someone that had involvement with this company but also had the internet to search up on this company..as he called it a total scam, and in the end he put out more money than he actually gained, plus lost some good friends and hurt some family in the end. Now really is this something anyone would want to get involved with??? I even had the women that ran the meeting call me after I told my friend I wasn’t interested…saying she wanted to find out with turned me off, well I already told my friend what turned me off, so why does she need to contact me…
Think about it before they talk you into it…
oh and I forgot to mention unless you have a whole lot of people you can talk into this then you will definitely not go far…but for the people that have many connections lets say for instance a doctor…lots of connections, you have faith in them to get in involved in something that you would rather not think is a waste of money so yes they will do well for sure in the beginning maybe even for some years, but its just a matter of time..like all pyramid, MLM, business in the past they eventually crumble…
As a response to the above:
“people that have connections..lets say the doctor…”
A common theme among the skeptics is to state that those who succeed have uncanny sales ability, or its because they are a doctor and have unusual influence over others [as if someone would go to school all those years only to get involved in a scam; think again!], etc; but you never hear them saying they themselves lack the work ethic and fortitude to accomplish it themselves. They also seek to blame the opportunity or find some reason outside of their own sphere of laziness.
Once again, ACN saves customers money 90% of the time through wholesale wireless and satellite TV discounts. They also offer people of character and work ethic a chance to become financially free. You skeptics need to start looking inside rather than blaming others for your own failings.
It’s interesting to see this discussion continue on. Some people in ACN make money, some don’t/ The same is true in Real Estate. Of all the Licensed Real Estate Agents a high percentage complete less than one closed transaction a year.
With ACN those people who sieze the opportunity and work the business, a high percentage of them have success.
Bottomline?
Whether it’s a career in Network Marketing with ACN or a career in Real Estate, it works for some and not for others.
Hi,what a nice pants,thanks for sharing.I will get one like that.bill
The problem with people getting involved with any direct marketing company is that when they sign up, they simply do not have the tools to succeed.
New members are often told to create a “warm list” and advised that if they do that, they will find success. Fast Forward a couple of months and they often have little to show for. What happens then is that these people unfortunately do not have anyone to blame, so they blame the company, such as ACN. While it is not fair, that is the reality.
There are plenty of people who are making good money with ACN. If more people had the education and true knowledge of how to market the goods of their company, there would not be so many people looking to place blame.
If you are an ACN member and are looking for good old fashioned education for your business, consider network marketing education that I have recently come across.
Before this revelation, I too, was like all the others on this discussion saying all the negative things that the majority of everyone is saying here. I am glad I found the answer to a successful direct marketing program.
I went to the recent national convention, and I saw the majority of the crowd was a lot of down on their luck hopeful’s gunning for an opportunity. Everyone seemed brainwashed as well. I didn’t feel good the whole weekend of the convention and was getting negative vibes urging me to run.
The part about people who use ACN’s services will save money 90% of the time is an outright LIE!
I did ACN a few years ago and EVERY SINGLE CUSTOMER HAD A SUBSTANTIAL INCREASE IN THEIR UTILITY BILLS. Not just in one area of the country, but in several states.
That was the deal-breaker for me. If their main business premise is based on a lie, I can not perpetuate the lie — this little concept called Professional Ethics!
I immediately cancelled my contract with ACN, switched off my own services, and ate the $499 loss.
At the time, I was somewhat open to MLM companies and there may still be some valid oppportunities. I found that I very-much disliked the business even if they had told the truth. These people pretended like they didn’t work, but wherever you saw them, they were ALWAYS pitching ACN to everyone! Seems like there always working and always working. Surely nobody can LOVE annoying and pressuring their friends… And how much fucking Starbucks can one drink?!
I do agree with Donald Trump on one thing — do what you love! Do what you love because it takes alot of effort to make something successful. Do what you love and you better be damn good at it! Do what you love and always strive to do it better! But when you do what you love, you are always working and you are never working all at the same time!
At any rate, ACN will try to get you to fly all over the country telling you it is what the most successful people in the business do. While ACN’s top scammers will indeed be there (to count their chickens, no doubt), this is in my opinion a mechanism to get people to not want to walk away from their loss because now it is too substantial. $499 isn’t as hard to walk away from as $4,990!
Additionally, there will be no new information at these regional trainings, just the same BS. It becomes like that old car that you keep sinking money into — eventually you must cut your losses.
As for attorneys being on the payroll — attorneys are there to thread the loop-holes of the law so no one goes to jail. They are not there to make sure ACN is ethical!
Finally, I am not a disgruntled ACN failure. I chose to not perpetuate a lie about utility rates.
Bottom line — ACN’s product SUCKS as bad as theit ethics!
Correction: (”They’re” always working and of course I know that opportunity is not spelled “oppportunity”).
these reviews are giving me mixed thoughts yous are all confusing me, im 21 and i went to a meeting a friend brought me to and i was talking with a 68 yr old who is doing this and he was telling me how his son brought him into this cuz he said he got screwed over by the economy in 02 and in 08 n he lost like his pension n 401k i dont know what the 401k is but he said then his son brought him in to this and now hes making like 10 grand a month and why would this old man lie to me and his son lie to me, i talked with him as well, and everyone there was real nice n really excited about life and i know when my bank account is high im always in a good mood too so im just saying i think alot of ppl are callin it a scam cuz they heard from someone else who prolly spent a day tryin to make money n it didnt work so they started talkin shit about it, thats jsut my opinion
I have been an ACN rep for a little over a year. I love this company. I’m glad it’s not for everybody because then it wouldn’t be an “opportunity.” Everybody would be a rep. I own a successful court reporting firm in town, so I guess that’s a pyramid. People work for me and I get a piece of the action, just like the rest of the business world. I don’t need to go into a huge litany of explanations of why this company is so credible and where it’s going in the future. Kevin M. #37 and the doc say it best. But there are some BIG things right around the corner and I’m thrilled and thankful to be positioned where I am in this company to financially secure my future and my family’s future. If it doesn’t work for you, it’s probably because you didn’t work it. I’ve seen plenty of reps do nothing and make nothing. As with any endeavor, it takes work.
Bookmarked your internet site. We appreciate you expressing. Absolutely worth enough time from our research.
I understand that but where does it take us?
7 percent of all statistics are made up on the spot.
ha. love sites like this! been a year and half and doing acn full time now guys! i still have all my friendships, more time freedom, and now more income. I am a redding local so if you dont think people with out a college education can ever achieve success i would be more then happy to meet with you. regardless of what your thoughts are toward acn, it is like anything else in life. If you dont put effort in you wont get anything out of it. And for anyone who thinks they are goin to be rich in less then a year with acn you have about a 4% chance to do it….haha. so stop thinking its a get rich quick scam and put a 2-5 year game plan just like any other business you would start. God bless guys
I totally agree Acn is hard to build. Some people earn , most people don’t. I have done comparisions and am glad I moved on with my team from ACN to better choice.
Nice…
Thanks, I always aprisiate a good read. Dont stop posting!…
I have looked into ACN and it is legit. Any business that you own costs something to start – usually vast amounts; I know because I’ve had 2 businesses myself. The fee to start an ACN business is tiny compared to other businesses.
If you feel comfortable approaching people to help them save money on their phone/internet/TV bills then it will work for you. If you don’t feel comfortable doing that “selling” then its not for you.
Any business keeps some of the money you make for it so don’t freak out about “pyramid” – that’s a nasty word that detractors like to use. Do you work for a boss who doesn’t earn money on your work? There’s good multi-level marketing and bad. I like ACN and I’m offering it to everyone I know – with no pressure.
Owning this business is a long-term investment of my time and effort, like any successful business is. If it’s not for you, that’s ok. I think its great and will create the income I want in due time. Can you say the same about your source of income?
Interesting. I grew up learning about work ethic. I grew up being told that I could be anything and that the sky was the limit. It’s funny because you grow up being told this and then you get done with school and they tell you to get a job. What a dream killer.
I saw an interesting common denominator amongst the negative comments. I saw LAZY people making excuses for failure. Conversely, in the positive comments, I saw people championing hard work and commitment. I’ve met with multi-millionaires from a number of industries, including ACN and other network marketing companies and the SINGLE most common advice given by all of them have been to work harder than everyone else and to never quit. I’m trying to find something bad about this advice but it’s not working out for me.
“Opportunity is missed by most people because it is dressed in overalls and looks like work.” There is a reason the top 3% of income earners in the world ARE the top 3%: They took risks, worked hard, and never quit. There is a reason the other 97% work for the 3%: They like the security and safety of a check every two weeks and they’re not willing to take the risks or put forth the effort required to become one of the 3%.
I Googled “FedEx Scam” (since I work for them and this seems to be the preferred and definitive method of obtaining solid factual evidence). Even though FedEx has routinely been named one of the top 100 companies in the world to work for and has been well respected around the world as innovative and reliable, Google produced over a million page results on my search query. I also searched “All Jews worship the devil” and came up with even more results. So out the window goes Google and it’s conclusive authority.
In closing, whether you choose to get involved with ANY network marketing company or just start your own business, IT WILL REQUIRE WORK. And to Mr. Garbutt, with his glaring ignorance and blatantly incredible lack of actual research, how is that you can look at any network marketing company as a scam when a real estate broker makes a percentage of his agents efforts? McDonald’s is a franchise corporation that does the same thing as a network marketing company. They sell a franchise for over a million dollars and then they receive additional revenue from the franchise owner’s efforts. And the success of everyone involved has a common denominator: WORK!
So go out there and work everyone! It’s what has made this country great. It’s what’s made us innovative. I wish success to everyone in whatever you do. But make whatever you do the best work you’ve ever done. EVERY DAY.
Nice post regarding “chapter 4 job order costing”. I frequently enjoy your updates on the topic http://www.CanIGetADotCom.com/blog9 On Occassion does articles on some of the same. You might consider a link swap. Anyhow, have a good day would ye.
Do not complicate the method used to supply information. Maintain it quick and relevant and your article promotion will give more profits as compared to cheap articles written with piles upon piles of happy talk with no real message to share.
There are plenty willing to pay thousands just to be exposed to this information. And we are presented with it free of charge. And how come, so few follow through and put it into action?
All I can tell you that ACN is a legit company and if you do the work, then you will be successful. You can say all you want, but my residual checks will not stop from coming in every month.
I came across this website purely out of curiosity, and mostly because I have some sort of sick fascination with reading horror stories about scams (especially pyramid schemes).
As a person with a fair bit of education, not to mention amongst other things an MBA (which took many many years of dedicated work to achieve, there are no shortcuts in life or business no matter what anyone tells you), I already knew, without even bothering to look at anything that this “business” is involved with, that it is (as you say) not for me.
Let me put it to you straight. When a cousin, whom I barely even know, calls out of the blue and offers “the investment of a lifetime,” one should not be surprised that the “radar” goes off in my head. Lets not even consider that this woman does not even yet have a grade 10 education, yet she still decides that she is capable of giving me financial advice. This would be, to sum it up, financial advice to someone who has spent 10 years in school learning from the some of the best business people in the world, and 10 years of professional practice).
I have always believed you should hear family out, right or wrong, in the best of situations and in the worst. I will always make time for even the most “unknowns” of family members, as it is family that matters above all. So I gave this woman a few minutes of my time, and I am ashamed to admit, more or less out of the purpose of hearing another good ol’ pyramid horror story.
My thoughts out of this are as follows:
1) These business “opportunities” are not evolving. You think with 20 years of precedent, and the internet, they’d at least make more of an effort to obsfucate and confuse. But no, same old, same old.
2) If you are ever asked to invest one cent, repeat one cent, I would suggest asking for a comprehensive financial reports for the last three business years. When I request comprehensive reports, I like to see things such as the necessary ratios, GAAP and non-GAAP. You should look at inventory turnovers, etc. etc. of the parent business, and then ask to see some representative reports for the individual franchisee “locations.” This is just the top of the iceberg, however I am sure I’ve already confused the vast majority of you people on here that more than likely don’t have a clue what I am talking about. This should concern you.
3) Any efforts to “skirt” around any of my questions during a business presentation is usually a indicator of what you would refer to as a “red flag.” I would advise to you all that I, personally anyways, would be concerned about making an investment of any nature in such a company.
4) Any efforts from myself, in my opinion, to invest have always been very quiet and as “far under the radar as possible.” It has been in my experience that making any investments where the population at large soon flocks to afterwards has never ended well. I am sure this statement is going to come under attack, for example “but people bought google at 150, and its at many hundreds of dollars higher due to many people wanting to buy it.” You would be correct, but alongside this comes what we refer to as “volatility,” and volatility is good for short term investments, but in a long-term scenario it usually is never beneficial (I’m talking very long term). Long story short. If an investment asks of you to “tell the world,” you are no longer an owner, but an advertiser. Are you making any salary for this? Remember salary does not include “bonuses.”
Look, I’m going to make this simple. Everyone on this board, who is writing on the “pro” side of the debate about this business, also sound like doped out robots. Have you ever wondered, hey, who am I to advise people about investments when I have a grade 11 education? Would I say hey, you know what, I am a doctor now too? No, that would be ridiculous, correct? After all a doctor to have many years of internship and education to refine his trade, correct? Alas, I have to then argue, that an investment advisor, or financial advisor of any substance, also requires many years of education and experience. They usually also require what is known as CFA accreditation, and that means amongst other things, they possess a recognized University degree, and 4 years of practical experience in the field. Would you ask any less of people trying to tell you what to do with your hard earned money?
Just saying.
Nice to read such articles.
What a good post! Please post more.Thanks!
Im really loving this site, and hope this, along with the excellent article some other people have written, will help people
Very interesting read. Just want to quickly say that before you chose a Real Estate agent do your research. Theres some selfish ones out there that are not in the best interest of the client. I know from personal experience. The best way to find an agent is through word of mouth. ACN/MLM works in the same manner. You will also know that not all ACN/MLM reps are as good or as polished as other reps. Thats business in general. I will use Real Estate as an example since it is an agent that has started this cool and interesting thread. Your going to have your good and bad agents. Your also going to have your inexperienced and experienced agents. Finally, your going to have good and bad experiences with Real Estate agents.
I have read through everyones comments and have learned alot about ACN as well as what uneducated people think and what educated people think. Im going to go out on limb and say that both educated and uneducated people have succeeded at ACN. Im also going to say that both types of people have something in common. They both have blinders on. You dont have to be part of a MLM company to see the potential. We already know Donald Trump endorses ACN which means he believes in MLM as a great way to do business. Another well known business man Robert Kiyosaki who is the author of Rich dad Poor Dad (Robert Kiyosaki) also believes in MLM. Both are successful in their own robotic (in reference to the comment made in the last paragraph of 64) right. In repsonse to the robot comment. If you really think about it and yes you will have to take your blinders off. If you look at TRADITIONAL business isnt it the most robotic way of doing business on the face of the earth?
I have always looked at both sides of a debate equally. Lets keep in mind that no one is going broke in ACN/MLM as its worked on a part time basis. The potential is there with very little money but with the potential of making BIG money.
My wife is a property manager for her parents Real Estate Business. She started out with 8 properites (given to her by her mom) and with hard work on a consistent basis she now has over 90 properties and making good money. However, she works long hours and doesnt really get a day off and vacations are always accompanied with some sort of stress from work. Not bad stress but work is on the mind even though her mom over sees things while she is gone. We went to the Pro Bowl in hawaii this year and it was a very nice vacation because she forgot her charger to her cell:)
Its all in perspective and peoples opinions will vary.
Its Monday and its time to be robotic and go to work;) Have a good week all and God Bless!!!!
Forgot to mention that my wife pays $500/mo. for desk fees and her paper work is about $200/mo.. She has more costs to keep her business open but I think your getting my point. A one time fee of $500 is nothing compared to starting your own TRADITIONAL business.
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