Stream Energy Achieves Record Three-Fold Increase in New Associates
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Ignite Helps Texans Create Their Own Economic Stimulus Plan DALLAS--(Business Wire)-- Dallas-based Stream Energy reported today that it has seen a tripling in new Associates with the company`s marketing arm, Ignite, from last quarter 2008 to first quarter 2009. The growth reflects a national trend in the direct sales industry. The Direct Selling Association reports that at least 15 million people work in direct sales. This compares to 2003, when 13.3 million Americans were in direct sales. The increase in the number of people discovering the direct sales industry comes as the economy continues to sag and thousands of people are saying "no" to future layoffs. These new entrepreneurs join Ignite Independent Associates like Eric Johnson, who works full-time at an Irving, Texas, car dealership and signed up with Ignite in late 2008 after his income dipped substantially. The results so far? "I would say `excellent,`" enthused Eric, who adds that he has been able to maintain his pre-recession income levels. Ignite Founder and Stream Energy Senior Managing Director Chris Domhoff noted that working with Ignite helps Associates earn the money they need right now, plus provides a road to success if they want to turn direct sales into a full-time career. "Our Independent Associates find that there are three key components that make owning an Ignite business a success: The Associates help their customers understand the deregulated energy market; they provide a service that most customers use every day; and they don`t have to carry any inventory," said Chris. Stream Energy (www.streamenergy.net) was formed four years ago, after electric deregulation in Texas. Stream Energyis on track to achieve $1 billion in annual revenues in 2009, making it one of the fastest growing companies in U.S. business history. To put the growth in perspective, it took Walmart 18 years to reach the billion dollar milestone; eBay and Yahoo seven years; and Google six years. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5943883&lang=en Stream Energy Paul Thies, 214-800-4409 pault@streamenergy.net or For Levenson & Brinker Public Relations Kelly Lane, 214-906-6491 kelly@klanepr.com Copyright Business Wire 2009
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