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The article seeks only to discuss the strategies and activities of some of the reps within ACN (which often times are likely not in accordance with what ACN the corporation encourages or condones.) The scam works by convincing people that they have are going to make a lot of money in the telecom industry by selling a few video phones, satellite TV subscriptions, cell phones, landlines, etc and encouraging a few of their friends to do the same. Anyone can sell 3 services and we would argue that anyone could also find a friend to do the same.
The issue, in our opinion, comes when you actually try to do it.
Additionally, a recent study (see references) has shown that approximately 0.5% (less than 1 in 200) even make their initial 0 investment back.
The problem: certain representatives are so good at convincing you, that everyone believes they will be the 1 out of 200 who actually makes money! Here are a few things that should suggest why ACN is not worth your time or your reputation: Even panhandlers can make a little money by begging on the streets to a bunch of random people who they have never met.
As it turns out, the average (mean) panhandler makes over 400 times the annual salary of the ACN independent representative. Honestly, ACN is a beautiful idea: It seems to us they have taken the collective ability of 1 million people to beg and pester their friends/family for a favor, and turned it into an enormous business.
We admit, the begging power of this many independent representatives is huge – and hugely profitable.
Oh wait – but it’s alright because you gave everyone fair warning that making money in this business means hard work and they new from the get-go what the odds were of making money. maybe you did explain this, but 5 minutes after that talk you halled them off to a rah rah pep rally and subjected them to 3 hours of watching people who claim to be rich walk accross stage spouting how great ACN is.
ACN might make you rich if you work hard enough – but based on the data, it’s going to require that you make a lot of other people poor.
There is very limited data on the success rates of ACN Independent Representatives.
Most people are told from the start that less than one in 100 are successful in the business.
Jim Rohn probably said it best: Service to Many Leads to Greatness.
We want to achieve greatness at the service to many – ACN seems to seek greatness at the expense of many.
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The issue is that none of the beggers make enough money – all of the cash floats to the top.