Momentis is a new Electric Service MLM Work From Home Energy Company

Momentis I just found another MLM energy company today called Momentis. I clicked on the link and the person who signed up for this opportunity must have already quit because the link was invalid.

This company is powered by an electric company that has been around for awhile now called, Just Energy.

I have talked to commercial businesses about Just Energy in the past and from my knowledge they have been very aggressive. They had feet on the street sales guys canvasing business districts offering their rates.

This practice is typical of even TXU and Reliant Energy so there is nothing wrong with this I just say this to explain Just Energy has and will try anything to be competitive hence why they are in MLM.

Momentis is an MLM company powered by Just Energy and they don’t just sell electric service but also natural gas, TV, internet, and phone.

If you are wondering about this opportunity and how it compares to the rest I have news for you. As far as I am concerned I already kind of know what the compensation plan will look like before even looking.

It has become increasingly predictable what these companies compensation plans look like. The main thing I would worry about is if the company will allow you to keep whatever ranking you achieve when they eventually change their compensation plan or add more positions.

Think about this, most of these MLM energy companies adjust their plans by adding a new rank in the mix. This dilutes your stake in the money pool and continuously makes it harder for you to remain at the top.

Some MLM companies will vet you and keep you in whatever position you achieve and will not allow a new rank to push you down but will in fact promote you to that new level that did not exist when you first joined.

What companies look out for you in this way? Not many.

Regarding the compensation plan it appears it looks similar to many, such as Ignite Energy, The Green Mountain Energy MLM, and a few others. You basically get very little compensation for actually signing up electric service customers directly.

You get bonuses for signing up customers within 30 day time slots. For each 5 additional customers you get in 30 days it appears they pay you $100. That means you are getting $20 a customer one time. You also get $1 a month for each active customer you personally maintain that you have signed up directly.

Overall the compensation you get for the direct work you put into getting active customers is very little compared to other MLM companies I know about.

The real money comes in by building large active down-lines of representatives that are selling the opportunity. The reason this is where the good money comes in is because large bonuses are paid out when new recruits join.

The site does not go into how much the Myteam bonuses are or how much the myLeadership bonuses are which is curious to me but I suspect they are fairly big in the $100 – $300 range.

Keep in mind to get these bonuses your recruit has to pay a large upfront membership fee and sign up 2 customers in 30 days. Once this happens you get the initial $100 mentor bonus. The additional bonuses are paid out as your recruits qualify for more levels and are trained.

This compensation plan is very similar to many others. The hard part is in building a down-line that is very active. This is very hard to do but can be done. I produced a video that explains what the long term goal should be with anyone considering joining an MLM company. For most of us including myself it is far beyond something I would want to get involved in.

 

Affordable Energy

Affordable Energy

A New Texas Electric MLM Company

There is a new MLM Energy company offering an opportunity in a similar fashion to Ambit Energy and Ignite Energy although they have made their compensation plan quite a bit more attractive. The company goes by the name of Affordable Energy and is a licensed Retail Electric Provider in Texas and offers patented energy efficiency products in all states and internationally.

Positive Aspects To Texas Affordable Energy

Affordable Energy has been in business for 1 year or so and are beginning to kick start the company into gear to take advantage of the Texas deregulated electricity market. Multi-level marketing is one of those things you can make big money at if you get in on it early before the momentum dies off. This company is just getting started and with their competitive compensation plan they are offering their independent sales representatives a much better commission then in comparison to Ambit Energy or Ignite. MLM can be a mistake if you go into it hoping to become rich but do nothing to work at it and grow your business. This opportunity is only worth the effort if you are willing to give your hard work and time to it. Follow the steps given by those who know how to build a successful MLM business and you will do fine. Be aware of the pitfalls and failures of MLM and take advantage of the positives of a new MLM start up and watch the momentum explode your business.

Affordable Electric Rates

Selling Electricity To Residential and Commercial Customers

By selling electricity to residential and commercial electric customers in Texas you can create a business that will pay you residual commissions throughout the life of the contract. You will also receive an upfront one time payment for any customers you sign up which will help keep a sizable income coming in as you build your sales organization. The concentration is on gathering electricity customers. They want you to obtain at least 5 Texas electric customers before you qualify to receive the full compensation plan. The time and effort to take advantage of the full compensation plan is simple and quick and allows those starting early to take advantage of downline residual commissions as your sales downline grows larger and gains additional legs.

PUCT (Public Utility Commission) Licensed REP And Sales Organization

At this time the founding partners of this PUCT licensed Retail Electric Provider are trying to build a team of sales representatives that will grow this business to where Ignite and Ambit are and hopefully overtake them in the process. By getting into this business at the ground level there is the potential to make a large amount of money that isn’t available with some of the other available companies and options out there.

Help In Building Your Business

The founding partners are available to help a new business sales representative build their business and gather the needed 5 electric customers. Meetings, conference calls, and training videos are all being planned and produced at this time and will be available soon. This business really is on the ground floor and so any seasoned or unseasoned MLM’ers should give this company a call or email to see how you can get involved. You may sign up or learn more at Affordable Energy

Learn more about other MLM Electric Companies in Texas:

Ambit Energy
Ignite Energy
Zurvita Energy

Learn more about Texas Electric Companies:

Texas Electricity
Bounce Energy

Ambit Energy Company Profile

Ambit Energy has a low deposit requirement for those with less then perfect credit but if you are looking for the Texas electricity company with the best option for completely avoiding a deposit or atleast a low deposit for Texas electricity service then hands down we recommend Ambit as well. If you have a smart meter Ambit can likely get you on a prepaid no deposit plan. Learn more by clicking here

Ambit Energy is an alternative marketer of electricity in Texas primarily selling electricity through an independent distributor network of people. Their viral marketing technique utilizes a multi-level marketing strategy which spreads by word of mouth through family and friends and weekly meetings generally held in hotel conference rooms and independent representative’s homes. Deregulation in Texas allows energy customers to purchase their electricity through multiple providers. In the past there was only one electric company and absolutely no choice to choose an alternate electric provider. Ambit Energy consultants are compensated on a referral basis as they sign up new company sales recruiters and electric customers.

Many people are attracted to the multi-level marketing approach of a work from home business like Ambit Energy. Although we are not an advocator of MLM type of businesses we do believe Ambit Energy is a good Texas electricity company and offers cheap and diverse fixed electric rate plans, green energy plans, and variable short term rates. We think Ambit Energy’s affiliate program is a better fit for many people who would like to make extra money selling Ambit but are not into the MLM business model.

Compensation Plan: MLM Referral Commission

Owners and/or Executives
Jere W. Thompson, Jr., CEO
Chris Chambless, Chief Marketing Officer
Jim Timmer, CFO

Jere W Thompson / Co-Founder and CEO
Chris Chambless / Co-Founder and Chief Marketing Officer
Jim Timmer / CFO
John Burke / Chief Information Officer
Jim McFelea / Senior VP of Operations


Ambit Energy a Scam or a Great Opportunity?

Texas Electric Company Deregulation

Electricity deregulation in Texas has provided some great opportunity to investors and small business owners in the state looking for a new way to make some money. Ambit is one of over 40 Texas Retail Electric Providers in the state selling retail commercial and residential electricity.

 

Ambit Energy Electric Company

The problem is not so much of an issue for those needing to have their electricity turned on or even by the company Ambit Energy but by those who think they have a good chance of becoming a millionaire or at least rich after the process of signing up to become an independent representative for Ambit Energy, Ignite, Affordable, or any of the other direct sales and MLM companies out there selling electric service in Texas.

The danger in this way of thinking is that if it is supported by some of the company’s spokesman it allows the beginning people in the MLM company to become wealthier while the new people signing up make more for their sponsor’s then they will for themselves. A better approach is to see this as a part time thing you might be able to make some extra cash with. An income report from the company showing just how many people make over six figures with an MLM company is a great way to decide if you have a statistical chance of making an opp like this work even if giving it 40 hours a week.

Not all Ambit Energy sales reps profit through their compensation plan in a dishonest way by promising new recruits hundreds of thousands and millions of dollars. If you do want to sign up with Ambit Energy we  encourage you to sign up with Ambit through a sales consultant of theirs that approaches the business in an honest and ethical manner. Our opinion is that you should sign up on their affiliate program which offers you the opportunity to sign up electric service customers directly without the need to build a downline. We believe you will save yourself much time and money by going directly for the customers rather than trying to make the MLM downline work in your favor. We have met and talked to a few Ambit Energy people that are honest and ethical about this opportunity and do not make outrageous claims. We believe these are the people you should associate yourself with if you decide to do this opportunity.
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What you will not find in the Ambit training material are some of the tricks of the trade that some of the seasoned MLM’ers use to make the MLM opp work. Many successful MLM’ers stack sales representatives and put customer’s under them if necessary to make the whole MLM sales structure pay out correctly so that you do make money. This idea is not discussed by Ambit Energy’s corporate offices as it is borderline illegal to structure the business to primarily build up independent sales reps with no emphasis on customers. The truth is although some of the top guys stack reps under other reps to build up their sales commissions they rely on these sells reps to sign up their friends and family. All of this primarily helps these super MLM sales people. If a new Ambit Energy sales rep wants to make the kind of money these guys make they would need to pull off some of the same type of stunts. Traveling the state, stacking reps and being that charismatic spokesman for the company is usually what it takes. The problem is that these techniques are not always explained  in the sells pitch and most people walk away thinking that the business will be easier than it really is. The truth is that the time it will take to make a truly successful business with Ambit through an MLM downline could be better spent starting a more traditional business or signing up on Ambit Energy’s affiliate plan and just sign up customers. The typical example pyramid chart showing what could be possible in a perfect world scenario is not an accurate representation of what someone in an MLM opp can expect. An income disclosure statement showing exactly how many people make over six figures would be a helpful guideline in deciding if this is right for you.

Many See the Ambit Energy Pyramid Scheme as Old Hat Hyporama

The Office scene about a calling card pyramid business shows that the amazingness of the MLM compounding effect has lost some of its luster as many have tried and been burned by pyramid schemes. The law on what denotes a pyramid scheme and what does not is open for interpretation but as a rule to make it legal a genuine product is required. The Ambit Energy Company opportunity is a great way to make money if you are realistic about how much you can make with something like this and it helps if you go ahead and decide if the affiliate or MLM based business model is best for you. In our opinion Ambit’s affiliate option is the best way to go.

Reality is Many MLM Companies Like Ambit Don’t Make It

Many of these types of MLM companies go out of business or bankrupt due to a concentration on recruiting reps while the customers dry up. Excel Telecommunications was one of the more successful MLM companies of the last 20 years in a deregulated industry and is a perfect example of an MLM company growing into a thriving success only to eventually implode on itself later. By having a concentration focused on recruiting new reps the whole MLM may topple down. Because there is a high percentage of this risk you could very easily be wasting 5, 10, 15 years building a business that will have nothing to show for you when it finally goes out. This is a warning when working with any MLM company including  Ambit, Affordable or Ignite Energy, Amway, Quickstar, Mary Kay and so on. You can make money with these companies but is it really worth the investment in time and personal relationships that could become ruined in the process by promising riches? If you choose to sign up with one of these MLM companies we encourage you to concentrate your efforts in signing up electric service customers and consider the downline part of the business an added bonus. By concentrating most of your efforts on building a downline you will find that most people in the business do not make enough money to justify the time spent in building their MLM structured sales team.

The downline you create may pay out decent money to some of the top people in your up-line but you or those you recruit will not see most of this money in most MLM type businesses. Instead of making money through sales associate recruiting we recommend just signing up people to the product or service in this case it being Texas electricity service.

Some other MLM or Direct Sales companies in Texas are, Zurvita Energy, Ignite EnergyAffordable Energy, and New Age Power Brokers.

Some other traditional Texas electric companies: Bounce Energy, Spark Energy, Champion Energy, Startex Energy and many more.

Electricity Bid helps you find an electric rate and provider to save you money and keep life simple.

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