Not too long ago I ran across this company called, Ambit Energy. I started doing my research on this company but time and time again I kept seeing people posting questions such as, ” Is Ambit Energy A Scam?” Meaningless to say there is a doubt that surrounds this company as there are many customer complaints online based on Ambit Energy.
Before I go any further just know that Ambit Energy is an MLM business and within this type of business there are bound to be many complaints as people believe it’s a get rich opportunity but it’s not , it takes hard work and skill to thrive inside the world of MLM.
From what I read online, there seems to be some websites that have reviewed Ambit Energy but it seems more like they are justifying why this company so great and not a scam making it a sales type of review instead of just giving a biased review that people can benefit from. I plan to break down this company to the best of my knowledge.
What Is Ambit Energy?
Ambit Energy was found back in 2006 by Jere Thompson Jr. and Chris Chambless. They are a multi level marketing company that provide products and services by offering natural gas and electricity in energy markets in the U.S that have previously been regulated. They operate in about 15 different areas which include California, Connecticut, Delaware, Illinois, Maryland, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Texas, Virginia and Washington, D.C.
The company headquarter is in Dallas, Texas but their call center is actually in Plano, Texas. As you know Ambit energy hires consultants or distributors that work directly with customers on how Ambit Energy could benefit them.
MLM Business Model
First things first ! There is an initial $429 fee and a $24.95 monthly fee , lets take an in depth look at the business side of things.
In the world of MLM many people will not make money and the people that do will tell you it’s not easy work. In reality it takes a lot of hard work that most people are not willing to put in. What I seen from many reviews that I’ve done on MLM companies is that people tend to label a company a scam if it doesn’t workout for them without even understanding the business aspect of things before joining an opportunity like this.
The process in theory, you become a distributor then you sign up people to your team and then your team members sign more and more people making you rich. Okay ignore that rich part because that just isn’t realistic at all lol. It’s hard enough of getting people to sign up but you need to also take to account how these people might pay for the fee but never get anyone else to sign up (this happens a lot). This sign up that you brought into ambit energy barely has no value to you at all.
What makes A MLM Company A Scam ?
- They don’t have a valuable product or service (ambit energy does have good product and services)
- If the company isn’t financially stable (Ambit Energy makes 1 billion on revenues yearly) That’s pretty stable!
- The company isn’t reputable ( the complaints come from people that haven’t succeeded not about the actual company necessarily)
In other words, Ambit Energy is a very successful business as you can see from their revenue. Think about it, if these reviews on Ambit Energy were scams like many people claim , why would they still be generating so many customers ? The truth is most people will just write up reviews online on certain websites because they didn’t make money with it.
These people are probably the ones that just sign up and expect to make a full time income with no effort. Everyone that is associate with MLM knows that it takes a lot of hard work and determination !
If you are bringing up the lawsuits then be aware that these are investigations that are going on based on the price of services increasing but these were known in the terms and condition. the services offer 7% saving starting but after 2 years this would be open to increasing depending on the market but many people didn’t take this into account unfortunately.
From what I researched and found out by my time is the fact that Ambit Energy is not a scam but like most MLM opportunities they are just difficult to succeed with.
If you are a person that is comfortable with public interaction and are willing to put in work then you could be successful with MLM.
Have you had any experience with Ambit Energy ? Share your thoughts down below in the comment section.