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Ordinary Man – Extraordinary Results: Steve Thompson (continued)

By the end of 2004 Steve had Co-Authored a Non-Specific MLM training book designed to help anyone and everyone interested in the industry entitled “Of Course You Can, How to Build a Successful Home Based Business”. In addition to the 8 years of volunteer services in the Emergency Medical and Rescue business, finding out that Thompson created a book that would help anyone in any business further exposed him as a person committed to helping others.

After a year in the Skin Care World, Thompson moved to the excitement of MLM Travel. Travel is a huge industry and just a lot of fun. Over the next few years he became a Top 20 Money Earner in Travel. And although he loved the company he worked with, and Travel itself, a larger opportunity was about to show on his horizon.

October 2006 all of Steve’s experiences paid off when he put his education and dedication to complete use when Ambit Energy chooses him as the Founding Consultant. This time, Steve had the experience to recognize the difference between a “Start-Up” opportunity and a significant business and lifetime opportunity.

“As a service organization, our vision is to be the finest and most respected residential energy provider in the United States.” Thompson explained “We have one of the most compelling story’s ever told in the MLM Industry, we built a company, and a product first that people needed, trusted and that could deliver and THEN we built the MLM model around it.”

Steve’s desire to help others over himself led him to look at Ambit Energy as a opportunity, because it held what Thompson refers to as the NECESSARY ingredients for success at every level. Leading the way for those necessary parts is ELECTRICITY Thompson stated “Things have to get pretty bleak before someone goes without Power!” which is Steve’s way of saying MLM companies that offer lotions, potions, powers and pills work as great MLM models until economic times get hard enough, then people stop buying the ‘extras’ as he put it.

“Electricity is the perfect product to offer: everyone needs it, everyone understands it, everyone uses it every month, and everyone likes to save money. Demand for electricity is growing. And states all across the country are just beginning to open their electricity markets to competition. Natural gas is no different. In markets where Ambit Energy provides natural gas service, our Consultants can offer the same kinds of savings and benefits we offer our electricity customers”

In order to ensure the security of those he brought to the opportunity table, Thompson evaluated the management team and founders. He found that Jere W. Thompson, Jr and Chris Chambless co-founded Ambit Energy, with some specific goals in mind. In order to accomplish this goal, Jere and Chris understood through decades of previous experience that they would need to assemble the finest management team possible. They assembled a world class leadership team that included Jim Timmer CFO, John Burke CIO, Jim McFelea Senior VP Operations, each with specific and extraordinary experience that created a one of kind, unprecedented story.

Steve also wanted to ensure that people at every level was getting paid for their efforts. “Ambit Energy has one of the most lucrative compensation plans in the industry. Our plan has been carefully designed to help you earn immediate income while you build for the long term. As an Ambit Energy Consultant, there are five different ways you can earn”

Steve explained that you earn through Jump Start Bonuses, Team Builder Bonuses (important to Thompson, because this creates an environment where you are incentivized to help those you recruit), Customer Residual Income (important to Thompson, because this creates an environment where you are incentivized to help your customers), Consultant Leadership Bonuses and Customer Residual Bonuses “The compensation plan has to reward people not only for results but through the right efforts and behavior, they did it, they created a system that rewards us for both”

Tomorrow Thompson reveals the HOW and WHY as well as what drives him…

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Ordinary Man – Extraordinary Results: Steve Thompson

“You can’t teach an old dog new tricks” or at least that is how I believe the sentence goes… however, every once in a while, you find that something or someone who surprises you. Steve Thompson just may be that surprise.

At 53 years old this entrepreneur is re-inventing himself; for his current life and the one to follow over the next 15 years. This man has a history of recognizing opportunities, and has made the most of each.

In Michael E. Gerber’s best seller ‘Awakening the Entrepreneur Within’ the author explains How Ordinary People Can Create Extraordinary Companies. This became important to us, as we try to understand what keeps Steve Thompson motivated, and why he continues to push so hard?

In Mr. Gerber’s book we read about the age of the ‘new entrepreneur’. How in today’s world we must reach further than simply to do something meaningful or deliver a good product… we must reach much, much deeper than simply creating more choices, or lower prices, or faster delivery. How in this age of the entrepreneur, we must kick butt in ways no one ever thought possible. Does this relate to Steve Thompson and his Ambit Energy business? The answers will be found as we understand where he came from, where he is going and why he must get there.

Steve spent his formative years in a small East Texas town, where hard work and hard times were the way of life. Steve finished high school in Houston, pushed hard and graduated early from college at age 20. He began selling for many national sales companies trying to better himself and his family in an effort to make a living. Bitten by the entrepreneurial bug, and loving the sound of his own name he opened Steve Thompson Insurance agency in 1979.

During those early and formative years of his insurance company, although there were monetary concerns, Steve had an overwhelming desire to serve those around him as well as grow personally and professionally. These personal needs were fulfilled through added opportunities to serve as a Volunteer EMT, Assistant Fire Chief and EMS Coordinator.

Although these opportunities to serve and grow helped Steve fulfill his inner aspirations, his financial life grew as well. In 1982 Steve recognized his need for further financial security and became a Texas Real Estate Broker and in 1984 a Distributor with Herbalife. The big difference as Thompson puts it… “I was willing to do whatever was necessary, and I still am!”

Understanding the benefit and opportunity with the Home Based business model, especially as it related to Network Marketing or Multi-level Marketing, Steve worked hard to make the most of his Herbalife business. Steve realized there were emerging opportunities in the industry, where entire new market segments were developed. In 1996 Steve became a representative with Excel Communications, a Teleservices company that sold long distance.

Thompson became a very successful ‘Senior Director’ distributor/representative with Excel, and earned several hundred thousand dollars with Excel, when he was offered the position of Founding Distributor of NuVante, Nutrition for the Skin in 2003 and helped to launch that company. This was the first intimate experience with a ‘Start-Up’ company in the MLM industry, which later proved to be a very significant and valuable education.

Continuing tomorrow Steve tells how skin care lead to travel and ultimately to Ambit…

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If you can’t teach an old dog new tricks, can you help him improve the tricks he knows… At 53 years old the entrepreneur known as Steve Thompson is re-inventing himself using the skills he always had. In his 13^th month with Ambit Energy, Steve’s income hit over $100,000 for a single month, and with current monthly earnings he will easily exceed $1,000,000.00 in 2008.

Come Back On May 5, and find out why Steve is so passionate about the MLM Industry, Ambit Energy and why putting others first really matters when OpTree does a 4 day profile on Steve, his emerging leaders and their success with Ambit.

Popularity: 2% [?]