Bellevue Breakfast April 6, 2018: Jack Holt

$10.00

Event Time: 7:00 a.m. – 8:30 a.m.

Millennial Entrepreneurship, Why or Why not? 

Entrepreneurship for younger generations is declining and has been since the beginning of the 21st century. In 1996, young people in their 20’s and 30’s launched on average 35 percent of startups. But today, that number has fallen below 18 percent. Young entrepreneurs are important to the growth and survival of the economy, and not just because they will one day be running things. Young entrepreneurs have an opportunity to innovate and be creative where many older entrepreneurs may not. They are often more willing to take risks, as their liability from failure is much lower. Millennials in their early 20’s rarely have children and are often still single, allowing them to make big decisions faster than their older counterparts. Lifelong habits are formed at early ages, making it all the more important that millennials learn entrepreneurship while they’re young. So why is there a decline, and why do some young people still seek entrepreneurship?

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Description

Event Time: 7:00 a.m. – 8:30 a.m.

Entrepreneurship for younger generations is declining and has been since the beginning of the 21st century. In 1996, young people in their 20’s and 30’s launched on average 35 percent of startups. But today, that number has fallen below 18 percent. Young entrepreneurs are important to the growth and survival of the economy, and not just because they will one day be running things. Young entrepreneurs have an opportunity to innovate and be creative where many older entrepreneurs may not. They are often more willing to take risks, as their liability from failure is much lower. Millennials in their early 20’s rarely have children and are often still single, allowing them to make big decisions faster than their older counterparts. Lifelong habits are formed at early ages, making it all the more important that millennials learn entrepreneurship while they’re young. So why is there a decline, and why do some young people still seek entrepreneurship? That’s what this talk is about.

Jack was born in Australia and moved to the United States in 2011, where he completed high school and began his passion for business. He got his start by founding a small, one man video game company, but was unfortunately forced to end that business only a year later. However, that did not stop him from using his newly acquired skill set to learn from his mistakes and begin his second company, an online tutoring platform for high school students known as Doceo.

Jack has started multiple additional businesses since, and at present his largest company is a hydroponic farm running under the name WA Aquaponics. This company specializes in the production and sale of various herbs, primarily basil, and is run out of a greenhouse in Arlington, Washington. Secondarily, Jack is also the owner of Lundeen Solutions, a small real estate software company, based around the specialization, optimization, and reselling of various marketing automation tools. While still comparatively quite new to the realm of business, Jack holds a valuable perspective on the way entrepreneurship is viewed by millennials and younger audiences in the information age, having started a total of four businesses while still being under the age of 21.

Event Sponsor:

Ryan General Contractors, Moon Construction, Nancy Ekrem, CPA, Paul Ried Financial

Event Location:

Sheraton Bellevue Hotel
100 112th Avenue NE
Bellevue, WA 98004

 

Sheraton Hotel in Bellevue

 

Ideally located in the heart of the Puget Sound’s business community, the Sheraton Bellevue welcomes guests with Northwest hospitality. The Sheraton Bellevue was recently transformed by a multi-million dollar renovation, all 178 guest rooms, public areas, function spaces and restaurant feature crisp, fresh décor. Our flexible meeting space can accommodate groups from 2 up to 240 with state-of-the-art audiovisual equipment and services available on site. All of our 8,000 square feet of function space can be quickly transformed for meetings, parties, and special celebrations. Located on preferred floors, Sheraton Club guest rooms offer upgraded amenities like a larger work desk, complimentary HSIA, complimentary bottled water, robe and a deluxe selection of bath products. Two floors of Sheraton Club level rooms provide access to the Club Lounge where guests can enjoy complimentary continental breakfast and evening hors d’oeuvres; beer and wine are also available for purchase. It’s the perfect place to meet with your team, connect with friends, or relax in front of a 42″ flat screen HDTV. The Club Lounge is open 7 days a week.

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