Ignite/Stream Energy is just another pyramid scheme. Yes, there are people making some money. But you can bet your bottom dollar, the big moneymakers are Chris Emhoff and his proteges who started the scheme. They made big money in Excel before it went bankrupt and I'm sure are becoming millionaires again (if not all ready).
If there were any way to get statistics, I'm sure most of the people getting in are not making enough money to even get their $329 fee back or pay the ridiculous $19.95 monthly web fee. I've seen so many ads run by Ignite reps directing you to their website. When you go to it, the website is no longer active.
When you think about it, it's pretty ridiculous to PAY a company to sell their product. Even commission only sales positions in legitimate companies do not ask you to pay to work for them.
This is a ridiculous premise and should be your first red flag that it's a pyramid. That $329 sign up fee is going straight in their pockets. If this company were not a pyramid, why wouldn't they allow you to make money just selling Stream Energy? Why the requirement to sign up 3 new associates? That's the 2nd red flag it's a pyramid.
I hope more people file complaints to the Texas Attorney General's Office about the pyramid scheme. I'm sure I'll get rebuttal from some "happy" Ignite Associates. Funny, though, the only Ignite associates I know, and that is quite a few, are not happy at all and regret getting into it.
My nephew worked very hard recruiting and selling, only to have those who he recruited not be able to get their 3, who couldn't get their 3, and so on, so it became overwheming for him and he quit. Naturally, everyone under him who were family and friends, are p*ssed off at him for him getting them into it in the first place. I've seen this scenario play out over the years in similar schemes over and over again.
I have fell victim to more of these schemes than I would like to admit. Unfortunately they are very convincing. They have these revival type meetings, get you all hyped up, march just "regular" folk across the stage who are now on their way to being millionaires, and make you believe you're going to be the next one on the stage. Usually, those "regular folk" have been involved from the start.
It's pretty interesting to follow up with those who post and defend these pyramid businesses. They are the ones making all kinds of money, saying you're crazy, you don't know what your talking about, etc. Then you follow up a year or two later, and they're no longer involved in their "highly successful" venture. They've moved on to something else and to another con.
0 comments