Trend Toward Entrepreneurship among Millennials and Gen-Z’ers Reflected in Entrepreneurs’ Organization Growth, Reinforced by New Deloitte Survey

HOUSTON--()--A recent Deloitte survey of 10,455 millennials and 1,844 Gen Z respondents across 36 countries shows a trend away from more traditional attitudes toward employment. 43% of millennials believe they will be leaving their jobs within two years, and only 28% seek to stay more than five. Among Gen Z respondents, 61% say they would leave within two years. A key motivator for these groups is employers prioritizing the bottom line above workers, society and the environment, leaving both employers and employees with little sense of loyalty. The result: a fertile ground for entrepreneurship to thrive. The Entrepreneurs’ Organization (EO) is a global network of entrepreneurs helping the seeds grow in Houston with a membership of 163 CEOs, average sales of $2.5 million, and 4,802 total employees. Overall, EO represents just about every industry, with 13,000 entrepreneurs in 57 countries and more than 3.4 million employees worldwide.

“Our entrepreneurial community in Houston is a learning organization focused on engaging and empowering its members to learn from each other, leading to greater business success and an enriched personal life while sharing once-in-a-lifetime experiences,” says Houston Chapter President, Jarred King, CEO, Swagger Agency.

Member experiences include:

  • Brad Schweiss, one of six original EO members in Houston, is celebrating his 29th year as a member. Brad founded Houston Gold Exchange in 1985 with $250 and reached $1 million in sales just five years later. By 2000 the business was enjoying $15 million in sales.
  • 30-year-old Nathan Yap’s new company, Call JING, provides U.S.-based support for call centers locally and in the Philippines. They are now actively acquiring U.S.-based call centers in the 20-50M revenue range.
  • Israeli data scientist and entrepreneur Shoshi Kaganovsky, 32-year-old founder of SensoLeak, was named one of the 20 most influential women in Israel, and moved the headquarters of SensoLeak to Houston. Shoshi’s new approach uses artificial intelligence (AI), machine learning (ML) and internet of things (IoT), for data analysis that is upending the way pipeline leak prevention and detection are done.
  • Robert De Los Santos, Owner, Sky High Party Rentals, says, “EO has played a vital role in my development as a leader and husband by providing an avenue where I am able to be open and honest about my greatest challenges and fears. Unlike most organizations, I listen and learn from other members, who like me are tasked with heading companies with employees’ futures at stake. The magnitude of ways the organization has elevated me to trust my instincts and lead with the understanding that I am not alone gives me immense clarity.”
  • The entrepreneurial twins behind creative branding firm TwinEngine, Winnie Brignac Hart and Lorrie Brignac Lee, authored STAND OUT: Tools To Master The 8 Fundamentals Of Standing Out In Business, and have rolled out BrandintheBox, a monthly subscription brand kit to grow small-mid sized businesses without needing a full-time marketing department.

Contacts

For Entrepreneurs’ Organization
Suzy Ginsburg, 713-907-0386
suzy@gcomworks.com

Release Summary

Deloitte survey of millennial and Gen Z respondents across 36 countries shows a trend away from more traditional attitudes toward employment.

Contacts

For Entrepreneurs’ Organization
Suzy Ginsburg, 713-907-0386
suzy@gcomworks.com