DSN $100 Million Club 2009

The $100 Million Club list was published in the September 2009 issue of the Direct Selling News. Only 68 companies worldwide earned a spot on the list. Ambit Energy was ranked #46 based on $197 Million in revenues in 2008. This was only their second full year of revenues!

Wholesale Corporate Revenue: $197 million

Marketing Style: Person-to-person

Compensation Plan: Multi-level

Products: Electricity and natural gas

Markets: Texas, New York and Illinois (United States)

Distributors: More than 50,000

Employees: 230

Headquarters: Dallas, Texas

Year Founded: 2006

Reliant Energy Bought by NRG

Although they had over 1.8 Million customers, Reliant Energy is now out of the retail electricity business. Due to a large debt load and credit issues, Reliant sold their business to NRG Energy for $287.5 Million. Reliant was the incumbent provider in the Houston area after being split from Houston Light & Power (HL&P) when Texas deregulated electricity. NRG Energy will still use the Reliant Energy brand, so most customers will not even realize they are with a different company. In the same manner, when customers decide to upgrade to Ambit Energy's service, the only change will be the bill which will have the Ambit Energy logo and a lower amount due.

Network Marketing Helps People Survive or Even Thrive in Bad Economy

NBC 13 News in Alabama did a video report on people that use network marketing to create a second income or even a primary income.

"If someone invites you to be part of a network marketing opportunity, take time to research that company. It's also helpful to check to see if they belong to the Direct Selling Association. That's a group that makes sure that these companies are legitimate enterprises and not risky schemes." --Chris Malone