Ignite Energy, the Opportunity Of A Lifetime Or Maybe Not?

by Donny Eisenbach on October 31, 2007 · 120 comments

in Ignite Energy, Stream Energy

MLM electric companies operating in the Texas deregulated electricity market: Ignite Energy, Ambit Energy, Affordable Energy, GME, Zurvita Energy, and probably more.

Family Wants Me To Sign Up With Ignite Energy?

Ignite Energy like most MLM opportunities is one of those things you eventually will hear from a family, friend, neighbor, or complete stranger. This energy company started up here in Texas by a very smart and creative marketer and he brought on some key players from the now bankrupt Vartec\Excel Telecommunications MLM business. This new Multi-Level Marketing Company called Ignite quickly organized meetings throughout the state that are much like going to a church where the sermon is about an amazing money making opportunity.

The Hit TV Show Office Makes a Funny Yet Solid Point About MLM Schemes

If you haven’t seen the show, “The Office” you need to as it is the funniest show I have ever seen. One of The Office episodes makes a great point about MLM opportunities like Ignite. Michael Scott, the office manager at Dunder Mifflin tries to recruit his employees into joining an MLM scheme that he claims is not a pyramid. Check it out. I am sure you will likely laugh even if you do love the idea of the Ignite Energy opportunity.

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Ignite Top Money Earners

Several top money earners rolled over from Excel into the Ignite Energy opportunity. These key money makers also had that charisma to head up and lead the meetings and inject the needed energy into the new representatives throughout the state of Texas trying to cash in on Texas electricity deregulation. The meetings have been a success and now it is hard to travel through a town in Texas without seeing an Ignite magnetic sticker on the side of someone’s car. Unlike Mary Kay, Avon, and Quickstar there is no inventory to hold on to and then turn around and sell. This means the capital investment in the opportunity is small. For many, this lure of a low cost low maintenance business is what draws them in. The residual money is paid out to sponsors on several levels as overrides from the sales of the representatives underneath them grow larger. A small percentage of income paid residually from each rep underneath you could amount to tens of thousands of dollars a month. The problem is not with the Ignite Energy the company but with some of the sales people MLM companies can attract.  The way it normally happens is you will have a rep you sponsor into the business and they will usually sign up about 1 friend and 2 – 3 family members as residential electricity customers and that will be about it. The rep is required to pay their yearly membership dues to stay in the business and if they sponsor someone they will get a large payment for this. The rep ends up making more money by sponsoring someone then they will from the electric customers they or their reps gather. The ones who make overrides from those they sponsor are the ones who sign up multiple reps and see to it that they get their minimum sales quota that is required for both them and the sponsor to make the residual money off of. In our opinion an affiliate type of pay program is a better choice where you concentrate on signing up electric service customers rather than building a downline. If Ignite Energy has an affiliate option we encourage you to do this instead.

Charismatic MLM Evangelists Travel Like A Tent Miracle Meeting Worker

The go getters in the Ignite business opportunity and any other MLM opp end up becoming a charismatic character that new comers begin drooling over and driving far and wide just to hear how they made it big in the MLM opportunity. This charismatic MLM’er is the one that makes the big money by gaining large crowds and creating that momentum that will drive his sales force into signing up more reps and customers into the business. He remains the top dog while his followers barely manage to meet their sales quotas. That is ok for the big guy as he gets large overrides on each rep that signs up in the opportunity even if only a few customers are signed up. This means that the newcomer signs up his family and friends and the sponsor leader receives a big check for the new representative joining the business. As the MLM business grows and you analyze the sales commissions you notice that most of the money being generated is from reps joining the business rather then energy customers signing up for home or commercial electricity. Building a large congregation to help spread the miracle of MLM by word of mouth is the goal and serves the MLM evangelist by creating the same enthusiasm of a fake miracle worker bringing in large offerings. In our opinion a much better use of your time would be in signing up with Ignite through an affiliate type of pay plan rather than trying to build a large downline. You can make money through an MLM downline but statistically not very many people make the kind of money you might see in a perfect world commission example that you see on opportunity presentation charts. An easy way to determine if you have a statistical chance at being a winner in an MLM work from home opp is to ask for a income disclosure statement. This type of statement will show how many people in Ignite make over $100,000 or more as well as other income tiers. You can review this and determine base don how many have reached a certain income level if you have a chance. We also recommend inquiring about how early did those making that kind of money join the opportunity to help in making your decision.

How Do The Real Money Makers Make It Big?

Next time you are asked to join an “opportunity” be sure to pay close attention to how the real money makers make their money. They are not sitting idly by as the money flows in. They are the charismatic leaders up on stage that travels the roads of Texas in a tour van as if living it up like a rock n’ roll rock star. Whether or not these guys are raking it in yet is beside the point. They fake it til’ they make it and reap the rewards with the less charismatic passerby’s never realizing the difference. Once the MLM Company goes bankrupt the big guys move on to the next biggest and best MLM opportunity on the scene. This is a characterization of what some of the sales people who join an MLM company like Ignite Energy are like and typically do. There are reputable people in MLM companies including Ignite Energy and it is important you sign up with someone who is not giving false claims of riches or exaggerated stories about success.

Should I Join The Ignite MLM Company?

If you truly must join the Ignite Energy opportunity you will want to take a survey of what is at stake. Will you be ok if 10 years down the road the business is bankrupt and you lose all your residual income? Are you willing to start working as a traveling salesman? All the big money makers travel throughout the state promoting the business. Do you realize the opportunity takes really hard work and a natural ability to be outspoken and zealous about the business to anybody and everybody? Are you prepared to go in it realizing most of the people you talk into the business will be wasting their money so you can get paid? Statistically only the leaders make the money while the grunts that sign up their friends and family and stay home are basically making money for the leader. If you are the type to go out and spread the Ignite gospel aware that you are selling something that will waist that persons time and money then you may be able to do this otherwise it’s best to leave this opportunity alone. Stream Energy is the channel that deals directly with the public, Ignite Energy is the MLM division that provides the opportunity available to independent representatives. If Ignite Energy offers an affiliate program for just signing up electric service customers we believe in our opinion that you should consider doing this instead.

Learn more about Texas Electricity

Learn more about Houston Texas Electric Companies

Some other MLM electric companies in Texas are, Affordable Energy, Ambit Energy, and Zurvita Energy

Other opps not considered MLM: New Age Energy Power Brokers

Learn more about traditional Texas electric companies that do not operate as an MLM company: Champion Energy, Bounce Energy, Startex Power, Spark Energy, Green Mountain Energy and many more at Electricity Bid.com

About Donny Eisenbach

Donny started ElectricityBid.com back in 2007 from his parents basement and has since married his wife Melody and had two sons, John Adam (6) and Noah (3) and our new 4 month old son. He enjoys tech related things, softball, kickboxing, going to the gym, excursions and activities together with his wife Melody. Our service allows you to shop and compare commercial and residential electric rates and providers. Would you take the time today to try our service and see how you like it. Thank you! and God Bless You!

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