285. Endeavor: Jake Budler on the Positive Trend Line of Entrepreneurship in the Midwest
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In this episode, Logan and Evan sit down with Jake Budler, the Director of Entrepreneur Experience at Endeavor Midwest. They discuss various topics, including Jake's experience as a founder of a small business, the Indy Tech Tour, the strengths of the Midwest startup ecosystem, and the importance of building relationships. Jake emphasizes the value of in-person connections, the unique opportunities in the Midwest, and the need for founders to ask for help and advice. In the second part of the conversation, Jake Budler discusses the impact of trust-based relationship building and social currency in the startup world. He highlights the growth and success of Endeavor Midwest over the past 10 years, with entrepreneurs generating millions of dollars in revenue and creating thousands of jobs. Jake also emphasizes the importance of big exits and loud failures in the ecosystem, as they contribute to the growth and learning of future entrepreneurs. He shares a story of making a connection between Rabbit Hole, a bourbon company in Kentucky, and Wicklow Wolf, a craft beer distillery in Ireland, showcasing the power of networking and collaboration. Looking ahead, Jake is excited about the positive trend line of entrepreneurship in the Midwest and the potential for more big exits and impactful solutions to be developed.
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