Quote:
Originally Posted by Skyliner
if you wanna lose all your friends then go ahead. It's a pyramid scheme: nuff said.
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I used to be a member a few years ago. It wasn't for me because I didn't enjoy selling to my family & friends. That was my experience. Here's another's:
http://bit.ly/f6qBAI
The ACN Scam | Understand This!
First of all, when we refer to the
ACN Scam we are not trying to say that what ACN does is illegal in any way. We are simply saying that the vast majority of ACN members have been “scammed” into believing that making money in ACN is more realistic than it actually is. The real argument of this article is that ACN is probably a silly way for you to make a living when you consider all the options available to you. The basic facts demonstrate that it is indeed a Pyramid Scheme (according to many definitions) and that it is horribly unlikely you will make the money you hope to.
This article has nothing but good things to say about ACN the corporation. They provide great services at a great price and have utilized a unique means of sales and advertising. 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 Basics of the ACN Scam
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. It’s a simple concept and in theory is quite easy. 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. 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. Additionally, a recent study (see references) has shown that approximately 0.5% (less than 1 in 200) even make their initial $500 investment back.
The problem: they are so good at convincing you, that everyone believes they will be the 1 out of 200 who actually makes money! Why?