Bob Stephens, ACN's legal counsel, countered Mr. Fitzpatrick's assessment, offering that ACN follows all law and is a legitimate multi-level marketing organisation.
I was recently invited to wait an outline meeting of the ACN home business opportunity in Wilmington, Delaware. A professionally produced video was shown and the reside presentation was satisfactorily done as well. Donald Trump's endorsement was highlighted during the meeting, although from my investigation it looks he is an official spokesman for the organisation, and isn't an autonomous representative. There were several glowing testimonials by successful agents. All remarks were upbeat from those present about the organisation, compensation and MLM structure. The video phone was presented as "unique" in the marketplace, which I have considering the fact that found not to be the case.
The organisation sells a range of telecommunications services. ACN is creating "buzz," with a new video phone and service, which uses voice over internet protocol (VOIP) digital technology.
In 2004, Vonage's Visiphone was discontinued, leaving Packet8 as the only provider with a videophone. That is until ACN's new product offering in videophones. ACN's IRIS 3000 Videophone is well designed including an monumental 7-inch digital screen, a light-adjusting digicam sensor, digital photo frame for displaying photos, downloadable ringtones, and constructed-in videomail. It also supports Uniden cordless phones and has the ability to get news, weather, sports, and other online content. regrettably, the ACN and Packet8 videophones do not interoperate.
Robert Stevanovski, Greg Provenzano and Tony and Mike Cupisz (twin brothers) founded ACN in 1992. They opened for business in January 1993 using a direct sales, or network marketing frame of mind. They started by reselling long distance from LCI Communications. They were with this organisation for five years, until Qwest Communications purchased LCI.
For any person browsing for a good business opportunity, ACN be a contender and certainly be evaluated carefully, especially bearing in mind Donald Trump's recent approval. They appear to have a good product and opportunity, although the product is not unique in its market. As with any business idea or organisation, this not be for everyone, and a little research is always wise.
In 1998, ACN was indexed in Inc. Magazine as the 22nd in line of the 500 fastest growing privately owned companies, with having reported sales of a little more than $98 million. They have also been highlighted in Success from Home and USA Today. This year's annual revenue is reportedly in the neighborhood $500 million.
American Communications Networks (ACN) is based mostly on technological products which can be distributed due to multi-level marketing (MLM). The organisation was recently endorsed by Donald Trump. Some say it is a fantastic home business opportunity that's given them additional income Others call it an illegal pyramid scheme. Which is it?
As in any business, a promotional plan and marketing system is crucial for success. Success or failure by any particular individual is not a measure of the validity of ACN or any business opportunity or model. Those choosing to launch their own business, whether it be MLM, franchise, or "niche" startup, should recognize in advance what to predict and the have the tools necessary to make sure success.