“What are you currently working for? What are you passionate about? What is your “why”? Spending more time with your family? Planning a retirement? Or just looking for a way to earn a little extra income?”
These are some of the questions that you’ll hear on the motivational video from Ambit Energy if you are interested to start a business with them as a consultant.
Want to find out if Ambit Energy is a good choice to start a business and reach your financial goals? Then Welcome to My Ambit Energy MLM Review.
I’m not associated with Ambit Energy in any way, so you can rest assured that this review is completely made for those who really are serious know how this business really works.
So…
Let’s get started…
What Is Ambit Energy? [MLM Review]
Table of Content
Ambit Energy Reviews: Summary
Company Name: Ambit Energy
Founders: Jere Thompson, Jr. and Chris Chambless
Year Founded: 2006
Joining Price: $75 one time investment+ $24.95/month
Rating: 25/100
Recommended: No
Summary: Ambit Energy is a multi-leverage company using electricity and natural gas. It’s mostly available in the United States (16 states at this time of review).
Ambit Energy is absolutely a legit company however it is very questionable whether doing this business will worth your money and time. MLM model is a broken strategy as it merely portrays a pyramid-like system.
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What Is Ambit Energy?
Ambit Energy is a marketing company that aims to help people to lower electricity bills or natural gas and at the same time earn money using multi-leverage marketing (MLM).
MLM is a marketing concept where people earn commissions on the people they directly referred (direct recruits) to the company and they also earn commissions on the people they indirectly (recruits of their recruits) referred to the company.
In order to help consultants earn money, Ambit has developed a support system to provide business-building tools, guidance, and unlimited training. In order to avail of this system, you need to pay the initial investment.
Again, Ambit Energy is a marketing company and not a service provider. Ambit will only act as a middle man between the customer and the service provider in a given area
Current Ambit U.S. Market:
- California
- Connecticut
- Delaware
- District of Columbia
- Illinois
- Maine
- Massachusetts
- Maryland
- New Hampshire
- New Jersey
- New York
- Ohio
- Pennsylvania
- Rhode Island
- Texas
- Virginia
Ambit U.S. Consultants can also work with Ambit Energy Japan, GK, and Ambit Energy Canada.
Ambit is always looking for new market areas. So, if your place is not on the list, you can always contact Ambit to hear an opportunity to open up in your area.
Ambit Energy Annual Revenues:
Revenue 2015: $1,400 million
Revenue 2016: $1,200 million
Revenue 2017: $1,150 million
Revenue 2018: $1,300 million
Revenue 2019: $1,310 million
How To Start A Business With Ambit Energy?
Steps in Starting a business with Ambit Energy:
1. Go to their website.
2. Check the plans and rates available in your area.
3. Fill up the form under “Start a business”
4. Pay $75 for the one-time investment.
5. Plus pay the $24.95/month for the Business Web Tools.
6. Start referring or recruiting new members to earn money.
Ambit Energy Compensation Plan
Ambit Energy has been consistently delivering good results years after years. These results reflect the overall income of the company and it doesn’t include the success rate for the sales team or consultants.
So, How To Earn Money With Ambit Energy?
Let’s try to look at the compensation plan of Ambit.
3 Bonuses:
- Getting new customers
- Your direct referrals get new customers
- Building a network by earning Residual income
How to get your initial investment of $100 back by earning points?
- 1 point for signing up
- 2 points when you set up your website
- 3 points when you referred 2 more customers
- You earn your first $100
How to earn more (recruiting new customers):
- 5 more new customers = $100
- Keep signing up new customers and you get $100 every 5 new customers
Recruiting new consultants:
Every time your direct referred consultant earns $100 by recruiting new customers, you’ll earn $100 too.
Promotion in the Ladder Positions:
As you continue to referral new consultants to ambit, you will get promoted according to your performance: Regional Consultant, Senior Consultant, Executive Consultant, and National Consultant.
The main key is – the more you promote, the more you get paid.
Additional Benefits As You Climb Up The Position Ladder
Regional Consultant (RC) – $55 for every new consultant aside from the $100 initial bonus (total $155).
Senior Consultant – $80 for every new consultant aside from the $155 from the RC bonus (total $235)
Executive Consultant – $80 + $235 (Total $315)
National Consultant – $25 + 315 (Total $340)
So the more you and your team refer new customers and new consultants, you earn residual income up to 7 levels.
Here’s the video.
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Can You Earn Money With Ambit Energy?
Yes. If you have what it takes – the huge network of consultants under your team, then you can earn money. But the big question is – can anyone earn money with Ambit. No.
Let’s say you are in the area where Ambit Energy business opportunity is available. The first thing you would think of in your network is your family and friends. However, these people should not be your target. Why?
Let’s say 5 of them join as customers and then you get your initial of $100 back. That’s good but this is where it normally stops. Your family and friends don’t care about your success in this business. Sure, they will join – but will they do the hard work? No. not likely.
Two things may happen when you try to recruit your families and friends:
1. They join and you’ll become more obliged to support them in anything and everything inside the platform – yes even they have the training. Believe me, I’ve tried this many times, this is more stressful than you think. Why? not all are an easy learner. And since they are your family and friends, you can be bothered 24/7.
The worst thing is if they don’t earn in the business, they (or some of them) will think you’re a scammer.
2. They will not join and you will not hear from them anymore – as they will think you want to recruit them with any opportunity you get.
So, who are your real target? The people who are exactly like you – the people who are hungry for success and willing to do the hard work with a good work ethic.
So, can you earn money with Ambit? You know yourself more than anyone else – so you know if you can really earn money with Ambit Business Opportunity.
Why Is Earning A Full-Time Income With an MLM Business Too Hard?
I have seen many MLM businesses and tried 3 MLM businesses in the past many years. I can say that the Ambit Energy marketing plan is not extra special.
Direct Selling and multilevel network marketing businesses offer a generous compensation plan. However, if you look closer, these incentives and payout systems are not that easy to achieve for an “ordinary person”.
What are the major things that can make you say yes to an MLM business?
- An overwhelming compensation plan that looks so easy.
- A nice presentation that you’d think everyone in your team will work hard
- You just can’t say “no” to the person who invited you
If you join an MLM business for just any of the reasons above even though you know that:
- You hate recruiting.
- You hate talking about the same thing over and over again.
- You hate public speaking.
Then, you will definitely fail!
If you want to succeed with an MLM business, make sure that you are ready to work hard and even harder in both direct selling especially with recruiting. Plus, you need to be ready with all the communications and administrative tasks in building your organization in order to earn at least a full-time income.
Okay…
Let’s say you want to earn a full-time income ($5,000 per month before taxes) with Ambit Energy. Let’s take a look at their Income Disclaimer.
From their disclaimer, your chance of earning a decent $5000 per month (before taxes) consistently, is actually at <1% of all the active Independent Consultants (ICs). That’s the National Independent Consultants.
Unfortunately, not all National ICs are earning full-time income either. In fact, you can see that some of them are only earning $1,676.55 per year.
And thinking about the average of 2244 days of hard-working? That’s over 6 years.
I don’t know about you, but 6 years is more than enough to build your own business.
Yes, ambit is giving you an opportunity to start a business with them, but it is NOT your own business. You are a Consultant, not a real business owner. You are more in the sales team of the company.
So, why are there only a few people who make real money with MLM?
Because it’s designed that way!
Only people on the top get rewarded (1%) and the people at the bottom lose money (up to 99%) with an MLM business. Ambit Energy is not exempted. Their own disclaimer proves this true.
This is exactly how MLM business works.
The further down you are in the team, the more difficult for you to earn money because the market becomes more saturated with other consultants in the same place.
An MLM business becomes only legit when the company can give a legal argument that members can earn commissions by doing direct product selling without recruiting. But “how much” a member can earn is not the issue of the legitimacy of an MLM business.
Here’s another statistic to digest: Of the people that do make money, the average YEARLY salary is only $2400. That’s only $200 a month or around $17 a day!
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Ambit Energy Reviews: Pros And Cons
PROS:
- No inventory needed compared to other MLM businesses
- Long years of tracked success
- Relatively low capital
CONS:
- Limited income potential
- Saturated market
- Limited states available
- MLM has a very low success rate
- MLMs are commonly mistaken as pyramid schemes and scams
- Focus on recruitment to earn money
Here’s A Better Way To Make Money
I honestly hope that by now I’ve talked you out of getting into the Ambit Energy.
Ambit Energy has indeed been delivering years of good revenue results but the story for the Independent Consultants is entirely different.
MLM is a broken money-making system and extremely hard to succeed with and I will never try to waste my time and energy again with any MLM Business, yes – not even Ambit Energy.
Talking about my experience with at least 3 different MLM businesses over the many years of hard work, I know it’s not an easy business model, especially if you don’t like product demonstration tasks, direct selling, business presentation and bothering your families and friends over and over again.
If you’re a person like me who prefers a more silent work atmosphere and can work anywhere and anytime, then you should check out Wealthy Affiliate if you still want to have a home-based and online business.
Wealthy Affiliate is the best place to learn how money-making online works and it has taught me how to earn up to $1174.09 a day after 6 months of training and consistent work without living my home.
It’s completely free to try too! If you want to learn more, click below:
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If you have the right training, supportive community & mentor, making money online is easy. Click below and get all the three: