That is a tough question. Some reps just join and do almost nothing, so their income is zero and they have big expenses. Some work hard, use gimmicks, and recruit a lot of new people, thus earning substantial income. Why is it hard to estimate income? Income rules change. The percentage of phone bills earned by reps changes. The number of customers you must have to earn bonuses from new reps changes. Do the math! The income has two sources: The first source is small.

Do the math. Some may say: Well, theoretically yes. In practice, sometimes it is not so. It is not easy to build a structure 7 levels deep and maintain it, especially when dropout rate is high. This income is low but residual if you keep the downline and don't let it vanish due to dropout rate. The second source is large. But it resembles the pyramid scheme. This income is high but not residual. To sum it up: The income thus depends on how many reps you recruit. Monthly fees a few dollars.

How many customers do you need to break even? Don't do ACN if you don't like it. If you know something, leave a comment at the bottom of this page. Note that FTC states Steer clear of multilevel marketing plans that pay commissions for recruiting new distributors. Complaints There are many complaints about ACN. It claims that "Defendants lure consumers away from their local utility companies or other energy suppliers by falsely suggesting that they will lower their energy costs. Defendants misleading scheme promises consumers low introductory rates, followed by a competitive market rate.

Legal battles The Bureau of Consumer Services in Pennsylvania got complaints about " slamming " switching to different provider without consent and " cramming " overcharging. Alleged breach of Trade Practices Act from But the federal court appeal reversed decision and ruled that "recruitment payments" did not fall under the definitions of the law.

Their task is to make the business more credible and to assure the business is legal and ethical. Pyramid scheme Is ACN a pyramid scheme? ACN is not a pyramid scheme. But there are several resemblances. So anyone yelling "ACN scam pyramid scheme! What is a pyramid scheme snowball scheme, chain scheme? It is a scheme in which people pay fee to join and then earn money from the fees of those who have joined.

Why ACN is not a pyramid? Why ACN resembles a pyramid? Secondly, it resembles a pyramid because the fee to join is quite high and the income from phone services is quite low unless you have lots of customers. The income of a rep from recruiting new reps may vary with time and in different countries. In some situations, income is substantial. There is one important point: So, it is unlike a pyramid scheme, where you simply recruit new people.

Fraud Is ACN a fraud? Is ACN bad? Is it a swindle cheating or defrauding? In my humble opinion, it is not. But I wouldn't do business with them either - due to reasons explained above. My ex wife was recruited for them, she was working so really hard by 5 months and they gave money to her just at the beginning, they sweetened her ears and washed her brain.

She lost everything, she los her home, her husband, almost her real job, just because they went inside of her brain and built a lies castle. Please, be careful, everything is just a house of cards. This post is from , four years ago, so how many of the people that replied defending ACM are still in that business and doing well? Are you living "economically free" with all the money that you now have secure in a bank? List of drop outs. Either 1 You quit ; 2 You get asked to leave; or 3 the organization is run out of business. There are leaders in this company that fall into each one of these categories.

Beats me! You can research your leaders to see if they have any verifiable business success. The word is that a huge percentage of people that have signed up have had little to no success — and the company alludes to that in their website small-print.

Senior leaders have been moving on, and you can see this yourself when you look at the COC and leader boards. You tell me. It always makes good business sense to research the actual success of the team you may join, and the credentials of the leaders you will be under, before you make a commitment. This is not a mule, it's a transportation device! Just think, you get to be trained and supported by upline mentors like this - Good luck!!

It is a network marketing company. Its main function is to acquire customers. Visit the presentations in your local areas. You be the judge. This, my friends is someone who knows little if anything about business, or even managing a budget. In both cases, the numbers are everything. Now, just imagine having Jason in your upline, sticking his nose in your business and sharing his "wisdom" with your recruits Do yourself a favor, and be sure to ask anyone who tries to recruit you, to show you proof that they have successfully run any other business Why are most of you so concerned with the figures?

Its pretty simple in the end. If you do NOT put in the effort you will gain nothing. Though you are trained among other things, when it comes down to it ACN is not going to do all the work for you. If you cannot get customers, you will not make money.. Just like any business. This place was not as big as some of the others that had much bigger crowds. The word is that these folks appear to have moved on to other things.

This is the second time I've heard of a group of senior level people walking out. What's the deal with this? Too much of a good thing, or what do they know that we don't? And, you get to donate to charities as well!! It sounds so good, doesn't it??!!! Well maybe you want to look at what you get for your money?

Second, exactly what kind of training will you receive, and what are the credentials of the trainers you will listen to? I ask myself why not just be a rep and make a ton of money? Answering the phones can't pay too well right? But, you can find out a lot by finding your local county recorder website, and putting in the name of the people in your upline. Do you know if they have judgments or liens filed against them?? Do you know if they actually own the houses and cars you see pictures of?

Do you know what their annual income is? Do you know if their ACN income is enough to even pay their bills? And do you know what the average person earns in this business?? Check it out for yourself!! It's as simple as that - check it out yourself. For example.. That would be really great, if there actually was such a rating!!

He also talks about saving people money This one really gets me because ACN is a middle-man broker that pays many levels everyone in your upline a commission on your sales. And finally, I've been to one of their conferences, and what they call education is a joke. What you will hear instead is a lot of kool-aid driven "never quit", show the business to everyone they discourage qualifying new partners like every other legit business would do..??!!

And, as a special treat at these conferences, you will get to watch a relatively small group of legacy Sr level reps go onto the stage, and off, in a circle, over and over, receiving congratulations for their achievements. The people at the top of this heap have changed very little over the years, and no one seems to be willing to ask why that group at the top doesn't expand and change if this business model really works Before making such accusations about a company please do you research.

However I do not do this job just to make money The next International Conference is in Phoenix Arizona which you should attend I helped a lady from my church who was paying 12 cents per kwh down to 6 cents This lady is a dear friend on a fixed income and cut her electric in half! I could share many more stories SO please Stop posting this kind of information when you do not have all the facts!

Great opportunities and I do not have to scrape for nothing to do this business If you get into the program and work the program it not only works for the IBO but it works for the customers as well. This is not a pyramid Go to the one of the International Conferences and get educated This organization helps feed hungry children here all over the world! Just get educated! Ron Not good Because, that means you chase your tail - you have to keep finding new revenue partners, etc just to replace the revenue from those that don't want to chase their own tail every year The quarterly senior level event speakers tell you how busy they are with meetings - why do you think that is??!!

A bunch of people that have actually made it through to the top levels have left this great opportunity" because of this tail-chasing I'm sure they know how this works - or doesn't! Ask questions and find out for yourself before you contribute your hard-earned money to this thing First of all, ACN's payment plan on personal residual income is like this: If you have 40 customers, you will have a bare minimum of 40 points, probably more like , because each service is worth an average of 2 points they range from points each.

Trump’s Multi-Level Marketing Telecom Endorsement Is Another Example of His Terrible Judgement

Also, every representative is incentivized to get 60 customer points, because that is when your income from your downline is maximized. If you can't do the business then don't waste your time joining.

If you can do it, then join and give it a try. It's simple. Don't badmouth an mlm just because you suck at it. The payment plan is very transparent. Just ask anyone in the company how it works and they will tell you. Well what went wrong with your life plan? They are what they are--a way for a company to make money selling you crap. I teach business courses at the community college level--as stupid as my students are, they still understand that MLM's are 1 unsustainable 2 of benefit only to th founding company 3 are predatory in nature predominantly afflicting the poor and uneducated.

If you want to better your life-- go learn a trade or go back to school. As a professor who has taught entrepreneurship, accounting, and economics at the undergrad and graduate level-- I assure you that statistically it is a near improbability that you will make any money in MLM-- and if you are having money problems, it is likely to leave you in a worse financial mess than you currently are in. He says it has been a problem for years and is getting worse! For March, he says his check is dated March 11, it was supposed to be in the mail on March 18 the third Friday of the month , but it wasn't postmarked until March 24 the following Thursday , and he didn't get the check until March Either the person in charge of mailing checks doesn't know what they're doing, or, the company is choosing to sit on these checks to earn more interest on the money that should have already been in their Reps hands.

ACN rep dropout rate

Either way, this is really lame. I would never work for a company that does this to it's own reps. Afterwards, training them to seek new events so they can duplicate the system as any franchise business would do. It's a business, one has to treat it as such to be successful. It's definitely not a get rich scheme by any measure. WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: Join Us. Already a member? Popular Content See all. Leaderboard See all. OFF Resources See all. Upcoming Events See all. Recent Jobs See all.

Warren Montana O. Monkey What is a Pyramid Scheme? What is network marketing or multilevel marketing?

Log in or register to post comments. Engagement Manag Management Cons Accenture. Principal Technology, Med Accenture. Manager Energy Accenture. See All Accenture compensation Data. Comments Jun 8, - Investment Banking Interview Case Samples. Private Equity Case Interview Samples. Jun 8, - 9: Hedge Fund Interviews. Best Response. Private Equity Interview Questions. Investment Banking Interview Brainteasers. Investment Banking Interview Questions. Jul 31, - 4: Financial Modeling Courses. Authored by: Jul 31, - 5: Never again. One of my cheaper lessons, actually.

Perkins poses an extreme risk to the market when drunk. Apr 2, - 4: Investment Banking Interview Questions and Answers. May 15, - Wow, you know what's great about these types of "comment sites"? Feel free to rant against my comments all you like, but at 51 years of age I am not effected.

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See you on the other side! Join Us Already a member? Life After Investment Banking Close Save changes. Get Notified? Notify me when there are new comments or replies on my discussion. Don't Allow Allow. Start Discussion. Investment Banking is Broken I just left IB and went entrepreneurship way, so this is a bit of a rant post and a throwaway account, but felt like I need to share. With all do respect to hard-working individuals out there - investment banking industry is broken and absolutely worthless.

The advisory side is the most See Highest Ranked Comments. What's odd about that is he really didn't make much money off of them, so he really just wasted his own time. Like most multi-level businesses, most of the money he brought in went to those way above him in his upline. I recall one of the first meetings I attended where my sponsor showed up in his fancy sportscar and had got not one, but TWO speeding tickets on the way in. That's a few hundred dollars in fines right there. Then when I was at his house a few weeks later, a process server showed up and gave his wife three more photo radar tickets he'd accumulated.

This guy was clearly leaking money like a sieve due to his own personal indiscretions. I drew the conclusion that someone who is that financially reckless would probably do anything to make that money back, even if his business practices are just as reckless. Now this guy was just one ACN rep, but he was the one I ended up with. I'm sure other ACN reps have had better and worse experiences with their mentors. It's now a year after I joined ACN and I've not heard back from my mentor since we initially stopped contacting each other. So a year later and I am continuing to be drained of my money due to ACN.

But hopefully I will soon be done with ACN entirely and can move on with my life. Please note that I have been percent honest about all this. Clearly I do not like ACN, but I didn't have to call it names and be belligerent toward the company or my sponsor. I figured if I put my honest and accurate account of my experience then people can read this and judge ACN for what it really is, rather than being influenced by a bunch of negative rhetoric.

First when you join, you are starting a business, not a job. If you can't make the distinction, don't join. Second this is not a get rich quick scheme, if you think it is, don't join. Third, you need to put in the time and effort to make the business grow, also if you aren't investing anything into your business, don't join. Sixth, the reason why your upline will pressure you in the beginning is because they want you to remake your initial startup fee of , and they benefit as well. Seventh and final reason, if you are so influenced by what others say about the company including my review, and can't make a decision on your own, don't join.

Personally for me, I think of this company as a way to learn leadership, sales, and life skills. I already remade my investment, and I'm ready to work this business long term. In just a few days I will be celebrating my four year anniversary. ACN has been a complete blessing in my life. Through the company I have been able to meet incredible people, travel, spend more time with my daughter, and make money.

I see a lot of the reviews on here are coming from people who are pretty inexperienced so I wanted to share my journey. I had a decent paying corporate job and wasn't really looking to add anything to my life. I originally signed up just to make a few hundred dollars a month. As I began to work the business I fell in love with it.

The environment was second to none. For the first time in my life I found myself getting out of my comfort zone. I began public speaking and had access to mentors I never would have had in Corporate America. Within 5 months I replaced my income that I was making at my job and decided to pursue ACN full time. When I think of hard work I think of manual labor.

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ACN requires personal growth and mental toughness. There is money to be made, but understand you have to put in the work. There are people making 7 figures a year with the company. The biggest thing you have to realize is it's a year game plan to live a life you never thought possible. If you put your head down, listen to your mentors, be coachable and execute you will have success.

If you quit everything you start You get in what you put in. The company is legit. The products are phenomenal. The co-founders are genuine, hard working men with great character. ACN is a company that will grow to a multi-billion dollar a year global powerhouse. As technology changes they continue to adapt and add more services. The ownership is always acting in the best interest of the field.

ACN for life!

Is ACN A Pyramid Scheme? Pyramid Scheme Vs. Legitimate Direct Selling - There is a Difference

Well I felt it was okay. I was told when I received the equipment to connect to my adapter that I had with Xfinity. But I noticed that they had me with a new telephone number, of which I didn't feel I could connect at that time due to my husband just passing away and I would be receiving quite a number of calls and it would be impossible for me to contact people with this change. Therefore, I did not connect this adapter at that time.

I called and they told me there was a request that my phones were changing. I had not contacted Xfinity, but ACN had requested this change without my knowing. The end result was I was without any phone service at all. It was at this time I requested Xfinity to reconnect my phones since I had not authorized ACN to have them to disconnect since I was not using their equipment.

I called ACN to let them know I wanted to cancel.

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They informed me I could not return the unused equipment. I have no idea what this means since I was unable to talk with a person due to high call volume. I don't see how they can do this since I was originally told by my son-in-law who was also new at this that if it did not work out I could get my money back. I am not blaming him because they pretty much did him the same way. He didn't get his commission check they promised. I am so tired of dealing with these people who think they can do whatever they want and get away with it.

Is there anything one can do to stop this type of business from going on? I am sure I am not the only one this has happened to. I did not even have 30 days to decide if this was for my situation. Come to find out they were more expensive than Comcast. I am disappointed that we have people who will take advantage of older adults, especially when just lost my husband.

I tried to explain my situation, but they made no exceptions. I feel taken advantage of. This seems to be dishonest. Unable to reach by phone due to high call volume. Having most of our family in other provinces and countries, we really liked the idea of being able to see them. We were told that if we were to transfer all the services, 2 phone lines and the internet we would get a discount and that the service was going to be the same or better, at least they promised higher internet speeds and unlimited download.

For the phones is unlimited long distance service. Our mistake was to transfer all the services to ACN. One of the lines was transferred to a digital box and the other one to the Video Phone. I kept the old internet just in case, good thing that I didn't cancelled immediately. Since transferring the lines, I have had nothing but complaints from my friends and relatives about the connection - very bad echo, beeping noises, hard to hear - sounds like I'm calling from a cave, suddenly be cut off, and so on They replaced the digital box, the ACN internet modem and I was calling almost every single day to get this fixed.

Guess what? At the beginning the customer service was very good, we SPENT hrs on the phone trying to the problem solved. But after countless times and hrs, I still was having problems. At the end one of the technicians told me, "the problem is that you are using the internet and making calls at the same time and that interferes with the phones Anther technician told me, "I can't understand what you are saying, do you hear me?

And he said, "then the problem must be in my line not yours. But this was just the beginning. They wanted me to keep talking with the Technical Support, they cut off the conversation a couple of times and didn't call back, etc. I think they wanted me to get tired of calling them. So I called my previous service provider and switched the phone numbers back with them and now ACN is charging me for the cancellation almost dollars for the 3 devices. Interesting enough, the video phone calling to other video phone was working fine, so I told them, give me another phone number for the video phone and I will keep the service of the video phone with you.

But no, they say that because I switched the number back to the old company, that is considered a cancellation. Right now my friend who convinced me to switch is trying to get the some help from the regional director. But let's see how the company respond to them. I bought it so that my family that live in a different province to us could see my new born baby. Since having the phone I have had nothing but complaints from my friends and relatives about the connection. Here are some of the complaints: And so on I would call more, but I have a newborn baby to care for so its hard for me to spend hours on the phone with ACN trying to figure out the problem.

Every time I call, they get me to go to my computer and run tests to see if there is a problem with my internet. After doing this every time I call , they agree that its not my internet that's the problem. Still nothing gets resolved. I finally got transferred to customer service as the technician said there was nothing else he could do. After spending another hour or more on the phone to the customer service representative, she informs me the only thing they can offer me is to change my phone to a land line. I told her that was not what I wanted, I wanted a video phone for a reason I asked more than 5 times for ACN to send me a replacement phone and I would send back the faulty one.

She denied me!