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Your thoughts on ACN business opportunity, is it Worthwhile?
#1

Your thoughts on ACN business opportunity, is it Worthwhile?

A very intelligent friend of mine, introduced to me this Company ACN.

He's pretty hyped about this being the route to his first Million.

http://www.acneuro.com/

It has a lot of Mixed reviews online , ranging from a complete Scam to financial freedom success stories.

It's business model is based on Network Marketing using telecommunications as it's selling point.






I am very skeptical about this myself, and occupied with my own endeavors, but at the same time very intrigued.

So I was wondering if anybody here, has indulged in this type of business or can offer any information as to whether it is actually worth delving into.

Thanks
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#2

Your thoughts on ACN business opportunity, is it Worthwhile?

Quote: (06-19-2013 05:14 PM)A CLizzy Wrote:  

He's pretty hyped about this being the route to his first Million.

[Image: facepalm.png]

[size=8pt]"For I reckon that the sufferings of this present time are not worthy to be compared with the glory which shall be revealed in us.”[/size] [size=7pt] - Romans 8:18[/size]
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#3

Your thoughts on ACN business opportunity, is it Worthwhile?

Sigh.....Sigh........Sigh......

I remember this guy joined this thing and asked me to join as well. he seemed excited about it. he doesn't do it anymore.
People get into this kind of MLM because they got nothing else going on. When someone tells them, you can be 'this and this Soon', they somehow trust that (I don't understand how their brain operates), get very excited and try to sign up everybody.

They even got donald trump as an endorser.

If you are interested, do research on your own on google.

Don't waste people's time here. I hope you Do it since I don't know you.
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#4

Your thoughts on ACN business opportunity, is it Worthwhile?

[Image: 36eign.jpg]
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#5

Your thoughts on ACN business opportunity, is it Worthwhile?

Penn and Teller did a good episode of 'Bullshit!' pulling apart these types of schemes:




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#6

Your thoughts on ACN business opportunity, is it Worthwhile?

Quote: (06-19-2013 05:52 PM)cardguy Wrote:  

Penn and Teller did a good episode of 'Bullshit!' pulling apart these types of schemes:




Thanks for that, the women are beautiful.
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#7

Your thoughts on ACN business opportunity, is it Worthwhile?

Maybe a good form of supplemental passive income, but nothing to count on. I know people who did the MLM thing with vitamins, and they seem happy with it, as it requires very little work except convincing your friends/co-workers/church members to buy vitamins from them instead of the supermarket. Don't know how much the check they get every month is for, but it's definitely not enough to live on. Maybe enough to go on a nice vacation every year.
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#8

Your thoughts on ACN business opportunity, is it Worthwhile?

I'll go counter clock to most people and say that network marketing/mlm can be a viable biz, specially for those starting with no prior biz experience as it teaches you the basic foundations of running your own biz without much capital or risk on your part. And also, the training and personal development aspect of the better companies can be real good. Not to mention another great benefit, of that of finding a great business mentor!

When I first started in biz, fresh after university back in 2001-2002, I dabbed into NM with a financial services firm. While I didn't do well financially, it definitely taught me the basic foundations of business and how to run a biz.

When looking for a company to join, take your due diligence very seriously and join only a company that:

- Is sound and has a great track record.
- Pays on time (very important!).
- Has a solid and legit product that you yourself will love and use it for yourself.
- The product can be sold as a stand alone product. Meaning, can you make money selling the product only and without any mention or need of recruiting others in order to make money? If the answer to that question is yes, then proceed. If the answer is no, then walk away as it's nothing more than a glorified money game.
- Last but definitely not least, one that pays generously. The last thing you want is to push a product that only pays you 2-3 bucks per sale. The best ones are those that pay 500 and ideally 1k+ /sale.

A few years ago, I got involved with a company that was selling a high end service. I had 2 strong guys on my team who were making 1-2 sales each per month every month and where each sale was 1k in commission. That was a sweet deal as it was the closest I’d gotten so far to getting 2-4k/month in totally passiveness, without lifting a finger at all and with barely any work on my part. At most, 1 hour a day and even at that! That financed a big chunk of my earlier globe trotting around the world.

Nowadays, I’m past that and I prefer to stick to creating my own thing or even better, taking advantage of the opportunities in emerging markets. But I do know that should the need arise, network marketing can be a solid and lucrative option if all else fails. I do know personally a few guys and girls who are making 6, 7 and even 8 figures per year in NM. Plus, with the internet nowadays, NM is nowhere near what it used to be before the internet. Before, you had to chase your friends and family and attend those boring meetings; nowadays, none of that crap. Just have a capture page on your site and you can build a good sized list in a short time and can run your biz from anywhere in the world. It can be a great location independent biz. After all, like anything else, it's all a numbers' game.

All in all, I wouldn’t discard it and proclaim it’s all a scam. Sure there are a lot of scams out there, but that’s where it’s crucial for you to do your due diligence properly and thoroughly before getting involved with any company. It can be a great way for a newbie or anyone with no prior biz experience to learn how to run their own biz with minimal capital requirement and risk compared to a traditional biz. And use that as a learning experience for bigger and greater endeavors.

I don’t regret at all starting in that industry. I learned a lot, had a lot of fun and earned a lot as well. That served me as a tremendous business building foundation, way better than any MBA programmes would ever have at a huge price tag.

To me, network marketing is the business equivalent of GAME as it’s very interconnected with it. Sales, marketing, talking to people, convincing them, finding out about their wants, desires, dreams and goals and ultimately, going for the close/sale is the same as going through the motions when gaming a girl from meeting, getting the number, going on a date, escalating to sealing the deal and bedding her. Psychology and a numbers game. As simple as that. In both cases, you have to overcome the fear of rejection and approach anxiety. The best way to do that in business, IMHO, is to get into telemarketing to overcome the fear of rejection and NM/MLM to overcome the fear of approach anxiety and fear of rejection. Again, it may not be for everyone, but with the right company, right product, and generous pay plan, it can be a very lucrative biz and solid business learning foundation.

To tell you the truth, I’d much rather see young guys, fresh out of high school to get into network marketing than into college just for the sake of going to college due to peer/family pressure and end up in a useless degree with no job prospects at the end of and only thing to show for it, a big fat debt. At least with the NM, they learn real invaluable real life and business lessons that will be the foundations of an entrepreneurial mindset that will serve them infinitely better than a degree in basket weaving or, history or god forbid, gender studies. It taught me one of the most crucial things that we unfortunately are not taught in school: financial literacy and how to use our money, how to avoid and manage debt and the likes.

Regarding the OP's question and the ACN opportunity, only thing I can tell you is do your due diligence properly and thoroughly in light of criterias I've outlined above. And decide accordingly. And one last thing I almost forgot to mention: when you do find the right company, don't just join with anyone. Join with the person who will mentor you the best/most.

Good luck!
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#9

Your thoughts on ACN business opportunity, is it Worthwhile?

MLM is not a scam it's like dildo in your ass some men like it, most don't. You can be sure though that someone will be fucked sensless.


PS. You can't advance in that company its like working selling lemonade you do all hard work and your older brother takes 30% of it because he made sign for you and mom and dad takes rest for your future "savings" and you have nothing left.....
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#10

Your thoughts on ACN business opportunity, is it Worthwhile?

Originally I was going to post something along the lines that unless the OP is 18 years old, responding is a waste of time. Truth is people that keep asking me about MLM "opportunties" are serial silver bullet chasers. It gets to the point where you dont even want to explain shit anymore you just ignore their calls.

ACN is a ponzi scheme that "everybody uses." We all have phones right? Problem is the technology is 10+ years behind, dropped calls, wont work, you the representative have to set it up at the customers house and deal with the bullcrap when their phone doesnt work. The technology isnt there, the company gives no support; doesnt back its own brand/product, and you're surrounded by desperate silver bullet chasers drinking the koolaid.

I got in at 18 yrs old, didnt know a scam from an opportunity. My upline lost his job for embezzling funds from his school as the superintendent to pour into his business - Just to give you an idea of the kind of people that stay in and are attracted to ponzi schemes. I was straight out of high school and spending 9 hour days, sunrise to sunset literally just troubleshooting phones for unhappy customers. The local cable company (whose digital phone DID work) offered me a job because they got to know me by name, by then I was too burned out to take them up on it. I recieved $0 for putting in hundreds of hours for this "opportunity." They even stuck all my customers with $200+ cancellation fees despite many of them not getting a single minute of phone time. When I ran into a few members a while back and mentioned I left because the phones never worked for any of my customers, they werent shocked by this; apparently they didnt work for anybody. They simply nodded their heads and said, "well it isnt for everyone."

Skip the ponzi schemes. Build a real business, better yet, read: Millionaire Fastlane, Rework, Lean Startup, The $100 Startup. Then build a business. IF you rush to defend that MLM isnt a ponzi scheme bc ponzi schemes are illegal - simply put, "you're a moron."
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#11

Your thoughts on ACN business opportunity, is it Worthwhile?




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#12

Your thoughts on ACN business opportunity, is it Worthwhile?

Quote: (06-19-2013 05:33 PM)Therapsid Wrote:  

[Image: 36eign.jpg]

Once knew a broad that claimed selling that Mona Vee acai berry shit was her job. [Image: dodgy.gif]
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#13

Your thoughts on ACN business opportunity, is it Worthwhile?

Quote: (06-19-2013 10:20 PM)Vacancier Permanent Wrote:  

Nowadays, I’m past that and I prefer to stick to creating my own thing or even better, taking advantage of the opportunities in emerging markets. But I do know that should the need arise, network marketing can be a solid and lucrative option if all else fails. I do know personally a few guys and girls who are making 6, 7 and even 8 figures per year in NM. Plus, with the internet nowadays, NM is nowhere near what it used to be before the internet. Before, you had to chase your friends and family and attend those boring meetings; nowadays, none of that crap. Just have a capture page on your site and you can build a good sized list in a short time and can run your biz from anywhere in the world. It can be a great location independent biz. After all, like anything else, it's all a numbers' game.

Quote: (06-20-2013 02:13 AM)defguy Wrote:  

Skip the ponzi schemes. Build a real business, better yet, read: Millionaire Fastlane, Rework, Lean Startup, The $100 Startup. Then build a business. IF you rush to defend that MLM isnt a ponzi scheme bc ponzi schemes are illegal - simply put, "you're a moron."


Wow, there definitely seems to be a lot of negativity attached to the whole MLM business model, which probably makes this 10x harder.

But at the same time, There are a minority of people who still manage to prosper and make a killing.

So it seems to be really dependent on the individual's personality and his/her ability to develop and maintain a system. Exactly like any other business endeavor.

However, I don't think anybody can just wake up and create a product of value, or a profitable business model.

So, I agree with Valancier with regards to it being a great learning tool for enhancing your entrepreneurial skills. With an opportunity of actually succeeding.

I also agree with the fact, there is a lot of opportunity to market on the internet and target people who are actually interested in the scheme. (warm prospects)

Although that just makes you another internet/affiliate marketer, selling the progressively saturated MLM dream.

When you could just very easily invest time into researching unknown products and marketing in the same way.

Or even better, attempting to create something unique of your own.

Overall, I agree with the general consensus, the time and energy invested in this model in order to achieve financial freedom would be used a lot more efficiently by

attempting to be 100% independent and start something of your own.
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#14

Your thoughts on ACN business opportunity, is it Worthwhile?

In regards to the actual ACN opportunity, after watching the video on the original post in here, I'm not convinced about the product working in today's market place and in light of the technology available. With the advent of web cam chatting, be it yahoo messenger, skype, FB, and a host of other similar products, not to mention facetiming with Apple products and a host of other copy cats, the product is clearly obsolete nowadays. It would have been a good product to build a business around it say in the 90's. But not today.

All in all, whether it's a business opportunity, an affiliate marketing programme or a network marketing, the product is king. And ACN's product is clearly too late by a good 15-20 years. Don't waste your time on it IMO.

There are some decent to very solid and legit products out there in the affiliate marketing arena (NOT MLM) paying 1k+ per sale. It's still being very lucrative for me, not only now but I'll always have a part of my portfolio in those high end affiliate programmes.
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#15

Your thoughts on ACN business opportunity, is it Worthwhile?

I went to ACN before, the logic of the video phone didn't make sense to me.
I agree with Vacancier fully, the product is king. If the product cannot sell it self, then the business is a scam.
No ifs and buts.

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#16

Your thoughts on ACN business opportunity, is it Worthwhile?

Thanks, [Image: thumb.gif]

Really appreciate all the in depth replies.
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#17

Your thoughts on ACN business opportunity, is it Worthwhile?

Wow, there definitely seems to be a lot of negativity attached to the whole MLM business model, which probably makes this 10x harder. But at the same time, There are a minority of people who still manage to prosper and make a killing.

In these business models the minority of people making a killing are doing so on the backs and shoulders of others who have opted into the program. The terms and conditions of the program could change at any time based on the whims of whoever owns the program.

What if the owners of the program suddenly decide to change their terms or cancel the program altogether? You have no control over your business/venture.

Please watch that MJ Demarco video I showed you earlier in this thread. Apparently Amazon totally shafted an entire giant segment of their affiliates due to some new policy/law and people who could have been making 10-20K a month by piggybacking that system woke up to a horrible new reality. That's what can happen when you do not retain ownership over what you are selling.


However, I don't think anybody can just wake up and create a product of value, or a profitable business model.


???

This happens every day. Every day people wake up and create ebooks, membership websites, consulting programs, udemy courses, etc, that are products of value and profitable. Every day people strike deals to import goods into a range of markets

Maybe your point is that success is not going to be easy and happen overnight?

It's not supposed to be.

If it was easy then everyone would be a billionaire!

Product creation is a difficult process of vetting your market, testing to see if your product works, seeing who else is competing with you in that space, seeing how to differentiate yourself, tweaking your sales page and sales strategy, testing out different marketing channels such as google, FB, twitter, direct sales, etc.

Every overnight success you've ever heard of is actually 5-10 of toiling and labor to get there in the first place. Even this MLM model that you've shown us - whoever is at the top of this pyramid and making cash hand over fist - they had to make a ton of decisions and work hard to get it to where it is and have an army of people selling for them.

MLM is great.....when you are at the top.





I also agree with the fact, there is a lot of opportunity to market on the internet and target people who are actually interested in the [b]scheme. (warm prospects)
[/b]


Do you want to be part of a "scheme"???

Do you want to be a "schemer"?

Do you want to make your own masterpiece or be a dab of paint in someone else's masterpiece?

Although that just makes you another internet/affiliate marketer, selling the progressively saturated MLM dream. When you could just very easily invest time into researching unknown products and marketing in the same way. Or even better, attempting to create something unique of your own.


YES. You only have 24 hours in a day. If you are going to struggle and fail and potentially eventually succeed, why would you do it with someone else's product?

Overall, I agree with the general consensus, the time and energy invested in this model in order to achieve financial freedom would be used a lot more efficiently by attempting to be 100% independent and start something of your own.


You got it.

--

I didn't want or mean to sound unnecessarily harsh here. But I did something very similar to this (not an MLM) that ended up just being wasted money and several wasted months. It was a terrible ordeal. My kneejerk reaction to seeing this was to immediately try to get you to stop before you do something similar. Not that I have any vested interest in you or even know you.

As a newbie entrepreneur you are going to spend some time failing, making mistakes, and struggling.

Do you want to spend that time pushing someone else's product?

Or do you want to spend that time learning how to build your own products from scratch, learning how to build your own brand, learning how to partner with people/contractors, and building a long term leverage-able business asset that you totally own and control?

-
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