Thought Equity Reviews

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2.4
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Recommend to a friend
Approve of CEO
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Kevin Schaff
14 Ratings

16 Employee Reviews

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  1. You will stay busy but it is tough to move up

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thought Equity full-time (More than 3 years)

    Neutral Outlook
    Neutral Outlook

    Pros

    All employees at thought equity are dedicated and try to do right by their customers.

    Cons

    The sale of content is complicated and internal processes make it hard to service the customer.

    Advice to Management

    Step in the shoes of your employees and their customers and gain a perspective from that vantage point. Understand all the issues our customers experience before you change something.


  2. Disappointing Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Content Sales Representative in Denver, CO
    Former Employee - Content Sales Representative in Denver, CO

    I worked at Thought Equity full-time (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Co-Workers, Industry Contacts, Location, Training, and Benefits.

    Cons

    Salary vs. Time commitment, Lack of Work/Life Balance, High Pressure, High Employee Turnover, and Lack of Incentives

    Advice to Management

    Build Team Unity Instead of pitting employees against one another.


  3. Unless you are in dire need of a job, find something else

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Content Sales Representative in Denver, CO
    Former Employee - Content Sales Representative in Denver, CO

    I worked at Thought Equity full-time (More than a year)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    The healthcare and vacation benefits

    Cons

    Management and Leadership, Culture, Work Hours, and Pay

    Advice to Management

    Need to provide more training to managers.


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  5. The most deceptive and calculating executive leadership I've ever reported to.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Content Sales Manager in Chicago, IL
    Current Employee - Content Sales Manager in Chicago, IL

    I have been working at Thought Equity

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    the assets of the company

    Cons

    There really are no ups other than the assets. The turnover is extremely high. Employees are seen as disposable. Management is in it for the big payout when the company is sold

    Advice to Management

    Get some new management with people skills, and leadership within the industry.


  6. Helpful (1)

    Excellent for true Entrepreneurs

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO

    I have been working at Thought Equity

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Promote Based Upon Performance Only Employ Top Tier Employees Extremely Tight Team Very Aggressive Every Day is Different Management is not Industry-Focused but Growth-Focused Everyone is Given More Responsibility than is Justified Based Upon Experience Base

    Cons

    Not a Place for Non-Entrepreneurs Change Occurs at a Dramitic Pace (for those that are not Entreprenurial-Minded, this leads to Stress) High Profile Company with High Expectations of Team Members--you had better bring your "A Game" every day or you will not fir in with the culture People Love it Here or Hate it, nothing in between Fit Matters a Lot

    Advice to Management

    Make sure the employees are a good fit or don't hire them. Ensure that the benefits package is keeping up with company growth.


  7. Helpful (4)

    Deceptive, cut throat work environment.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at Thought Equity

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    An impressive roster of licensing partnerships.

    Cons

    Sales employees must perform against unattainable goals in a fear based culture. Sales leader comes from outside industry. Clients complain about customer service, employee turn over and leadership that is out of touch with marketplace. Sales director was seen as a liability on meetings showing little regard for client time and challenges.

    Advice to Management

    Need to build a climate of trust and respect. Need to set more realistic sales goals and reset commission structure according to market specific challenges. Need to hire senior management that values employees and offers direct, honest and unbiased feedback. Creating a less threatening culture will bring out better performances and inspire talent/employees to be more loyal.


  8. Helpful (1)

    Good place to get experience but save your pennies

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Content Sales Representative in Denver, CO
    Current Employee - Content Sales Representative in Denver, CO

    I have been working at Thought Equity

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    Young company, generally nice group of people. You get to work with high profile media buyers, very good medical package

    Cons

    Low compensation, no commission, team goals almost unattainable. CSRs are deemed as disposable. You're often forced to pass up deals to managers without warrant.

    Advice to Management

    Either create compensation package to encourage hard work or up base pay. Either pay CSRs like saleswomen or call it a customer service role.


  9. Okay for gaining entry level experience, but not for a career

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Content Sales Manager
    Former Employee - Content Sales Manager

    I worked at Thought Equity

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    With such a small company, the opportunities to either move up or to a different position are available. With such a high turn-over, management has to scramble to find new people to fill old spots and therefore advancement is possible. However, management will promote people that are not ready yet just because they have a open position that needs to be filled. A sink or swim environment, but if you can manage to swim...you will learn a lot about sales. Kevin Schaff is inspiring and very forward thinking. It's fun to be part of a company that is on the cutting edge of the content management and distribution platform industry.

    Cons

    Lack of management support and training. Like I said, it's a sink or swim environment. You are not set up to succeed by management. You will have to figure it out on your own.

    Advice to Management

    The content sales team is Thought Equity's main source of revenue, so management needs to start treating the sales team as an important part of the company. If they focus more on creating successful and happy sales employees, turn-over will decrease and revenue will certainly increase.


  10. Helpful (1)

    A good place to gain experience, but not a career for the future

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thought Equity

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    Fast growing company allows for new learning experiences and you get to work with upper management because it is a small company

    Cons

    Internal communication is poor and lower level employees rarely know what is going on with the company and the direction in which it is headed

    Advice to Management

    Make your employees feel more valuable and improve internal communications


  11. Helpful (1)

    Horrible place to work. Arrogant leadership with poor people skills. Best people leave quickly, no room for growth.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Content Sales Manager
    Former Employee - Content Sales Manager

    I worked at Thought Equity

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    They have the rights to more stock footage than any other stock footage house.

    Cons

    When considering sales or operations look deeply into this company and you will find a cow pie that has been gold plated to look more valuable better than it really is!In this sales role a below market value salary and a draw process means that earnings WILL be low. The company has let some very talented people go as they never made it out of the draw hole.Lack of true promotional opportunities from this role. When promotions occur they are into roles where the individual is set up to fail, as documented by recent activities and the loss of a key manager. Failure is almost guaranteed because of an inability to deliver on promises. Inexperienced mid management and VERY arrogant senior leadership with zero understanding of how to run a growing company or manage a salesforce.The product and services are over priced and oversold to clients and prospects. The company has business practices that are not scalable or efficient. Customers are over charged or sold unnecessary services or 'protection plans'. Customers are very happy to work with the other companies in the industry.The company is run by people who were in the right place at the right time and who are hanging on for a payday when company is sold. A career move to Thought Equity Motion is a waste of time and opportunity. Look elsewhere to avoid disappointment. There is a lot of unhappiness amongst the sales teams. Reps are actively looking to leave.Nobody would recommend this company to a buddy or colleague. Working environment is poor, low quality offices, over cramped with extreme micro management compared to a typical sales position. Sorry to disappoint anyone attracted by the names of the represented 'media partners' such as National Geographic or HBO, but look deeper at the limitations and but maybe look at Getty Images instead which is preferred by the big agencies.

    Advice to Management

    Stop deceiving your staff and assuming that they do not see through your stale and stagnant management tactics. Listen to the market, your employee's and your customers, rather than your own ego's.



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