BizX Reviews

2.9

35% would recommend to a friend

(35 total reviews)
avatar

Bob Bagga

50% approve of CEO

34% positive business outlook

BizX has an employee rating of 2.9 out of 5 stars, based on 35 company reviews on Glassdoor which indicates that most employees have an average working experience there. The BizX employee rating is 22% below average for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

35 reviews
1.0
3 June 2018

Avoid like the plague

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

If you want experience working with a diverse range of small business and some mid-sized companies, then you get what you ask for here.

Cons

A lot of down side. First, the pay for an AE is a joke but if you have little experience or really just need a job, then fine otherwise why would you do this? On top of that, prepare for an endless cycle of having to do the dirty work of managing BizX's customers. Here is the problem: yes, customers do get "business" they otherwise wouldn't have received in the form of a trade credit. Earning credits or buying with credits will cost customers real money. About 6% on either side, or both! So they are coming out of pocket from the get go, but HEY they can use their BizX bucks right? That is when the problems occur, because no one gets a deal when you try to spend your BizX...if you even can. Do you want to manage accounts who have too much trade dollars that they can't utilize, only to be held accountable for it by the owners as to why you can't get these accounts to spend? When they finally want to spend they have to come to grips of the reality they their currency is grossly de-valued. That is a problem for businesses with low margins on hard goods such as sunglasses for example. If you are a media company, you can give up garbage remnant space because what does it matter? See what I'm saying. Worst job I have ever had. But that isn't the main problem: the owners could care less about you. Prepare for wild mood swings, anger management issues, and the worst examples of real leadership you will ever witness. But hey, if you haven't had a decent job in the past what does that matter to you right? If you invest too much time here, you will pigeon hole your career and will find it hard to pivot.

avatar
BizX Response
7y
Thank you for your feedback here and wow, are we sorry that you had such a terrible experience @ BizX. Some thoughts on two key arguments you made: 1) Regarding the member experience. We are working to create something new, innovative, disruptive. A community that elevates the local business owner and provides a platform for them to flourish - helping themselves by helping one another. The challenge in creating a collaborative economy such as ours, is ensuring that collaboration occurs, so members can earn and spend easily. This is where the majority of our efforts go, as you likely know. And it's not always perfect - however, I can say two things here. First, our revenue model is tied directly to the value we deliver to members (BizX is free to join, and we only earn when our members benefit & transact), so our mere existence is proof positive that the platform delivers value to our members. Second, hundreds of millions of dollars have been processed on the platform to date - representing members both earning and spending. So it is real - it is happening - and our mission every day is to be better. 2) Regarding the cultural challenges your reference, here is my candid reply. We're a company with deep passion and emotion tied to our mission, and this can cut both ways. We recognize, more and more, the need and obligation to breathe, step back, and take thoughtful action that not only benefits our team but by extension our community. Secondarily, we are putting in place the infrastructure to develop and retain our amazing team over time, help them reach their personal development goals, and build their careers in fulfilling ways. The result of these initiatives is that BizX is becoming a better place to work and build a career daily - and we have much more to do! Best of luck in your future, and I hope you find a better fit!
1.0
27 Dec 2021

Low pay, huge turnover, bad CEO

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good business model as long as businesses are actually selling their products for the same price as using their BizX Dollars.

Cons

Pay is WAY below industry average in the area The turnover is very, very high and that is mostly due to the CEO who tries to micro manage every part of the business to the point he doesn't trust anyone to do the job they were hired to do. He is very passionate about his company, but that doesn't give him the right to yell and belittle his employees on a regular basis.

avatar
BizX Response
4y
Thank you for your feedback! Your concerns are important and have been heard. Bringing this to people's attention helps improve the workplace and we're dismayed that it didn't work for you. Hoping for the best for you in the future!
2.0
28 Feb 2018
Recommend
CEO approval
Business outlook

Pros

Liked the challenge of working with business owners of many types of businesses.

Cons

Micromanagement from the executive level was rampant and pay was very low compared to the market. The business model needed a lot of work. It was our job as account managers to police members to make sure they followed the rules while some were allowed by executives to break the rules.

avatar
BizX Response
7y
Hi there ~ thanks for taking time to send this feedback. We've got a terrific team of talented passionate people. What's that saying.. hire smart people and get out of the way I think? Thats sage advice and I think we're starting to take it :-) We're also creating growth plans with & for our team members so they can not only build bigger paychecks, but careers that are challenging, stimulating, and fulfilling. I'm sorry things didn't work out, but I think you for your feedback and with you nothing but success!
Viewing 1 - 3 of 35 Reviews

Glassdoor has 37 BizX reviews submitted anonymously by BizX employees. Read employee reviews and ratings on Glassdoor to decide if BizX is right for you.