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What is 30under30?
30under30 is an Anthill initiative launched in early 2008 to encourage and promote entrepreneurship among young Australians. Each year, we invite our readers to nominate young Australian entrepreneurs deserving of recognition for their outstanding entrepreneurial endeavours. More.
Jack Delosa, NSW (b. 1987)
Name: Jack Delosa
Age: 24 (Born: February 1987)
In the application for this august competition, people are asked to dream up an award category. Jack Delosa suggested “30under30 Veteran.”
Sold. Nice to see you again, Jack.
This is Delosa’s third straight year on the 30under30 list. And even though we’re honoring a young man whose serial entrepreneurship started way back at age 18, the work he’s done in recent years to nurture budding businesspeople and raise the bar for small-business owners gets us right where we live.
Delosa’s signature venture, The Entourage, connects nascent entrepreneurs with mentors who can point them in the right direction. Earlier this year, he acquired MBE Education with venture capital investor Domenic Carosa and one other investor and rolled the two brands into one — MBE Group.
“With The Entourage focused on educating entrepreneurs under 35 and MBE Education focused on corporate finance education for SMEs, across the two brands we deliver world-class business education,” Delosa says.
And all along the way, Delosa is out there as the face of the enterprise, conducting video interviews for The Entourage, appearing on national TV news shows and contributing pieces to the Sydney Morning Herald, The Age, Dynamic Business Magazine and Business Blueprint.
Delosa is teaching and preaching from the point of view of a young man whose life took a hard turn. At age 18, he ignored the advice of family and friends and dropped out of university to pursue a business career. That same week, he and family absorbed a crushing blow as his older brother died from a drug overdose.
And so Delosa pushes forward, never sitting still. His Young Entrepreneurs Unconvention is one of the largest business-education events of its kind in Australia. MBE Group has revenue in excess of $1.2 million. The group reaches out to 9,000 business owners each year. And Delosa has personally raised more than $5 million in venture capital for his businesses and those of his clients.
All done with the goal of raising the bar for his generation of go-it-on-your-own businesspeople.
“My generation is bored. Gen Y are offered little hope or excitement through the traditional education system and as such can disengage,” Delosa says. “The traditional path of high school, uni, get a job and work your way up doesn’t work for a lot of people and I want to shed light on the path less traveled.”
Anthill asks: Jack Delosa, what motivates you?
“I’m driven by a desire to influence. I want to change the world, particularly the way young people are developed and educated.”
Jack Delosa on acquisition financing
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To check out the full list of Anthill’s 30under30 winners, click here.