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On June 27th 2018, Endeavor Entrepreneur Jason Wenk, the founder of FormulaFolios, was named an Ernst and Young Entrepreneur of the Year®. Jason was recognized as an innovative leader who is disrupting the fintech industry with his company’s software platform for independent financial advisors. In 1986, EY created the EOY program to recognize the efforts of exceptional women and men who seek to not only create and build market-leading businesses, but transform the face of their industries, create jobs, and make an impact in their local communities.
Jason Wenk accepting his award as EY Entrepreneur of the Year 2018.
Jason was honored to receive this recognition and during his acceptance speech, he talked about the importance of utilizing strong networks to achieve success. He specifically mentioned how meeting the Managing Director of Endeavor Detroit, Antonio Lück, and getting involved in the organization has transformed FormulaFolios.
“Endeavor is an unbelievable organization. It completely changed the course of our business and radically transformed it… We have these massive, huge, ambitious plans, and for anybody who’s in business, you know it’s hard. Having moments like this to realize that we are accomplishing great things, we’re creating great opportunities for employees, helping our customers, and building our communities, it’s the greatest, most gratifying feeling ever.” –Jason Wenk, Founder of FormulaFolios
“Endeavor is an unbelievable organization. It completely changed the course of our business and radically transformed it… We have these massive, huge, ambitious plans, and for anybody who’s in business, you know it’s hard. Having moments like this to realize that we are accomplishing great things, we’re creating great opportunities for employees, helping our customers, and building our communities, it’s the greatest, most gratifying feeling ever.”
–Jason Wenk, Founder of FormulaFolios
FormulaFolios is a powerhouse in the fintech industry with the company being named the fastest-growing private company in Grand Rapids, the third fastest-growing company in the state of Michigan and one of the fastest-growing private companies in America three years in a row by Inc. Magazine. In the last couple of years, Jason has also been recognized for his innovation in the industry, having been awarded the Finance Newsmaker of the Year award in 2016 (for 2015) by the Grand Rapids Business Journal. The company continues to simultaneously scale and support their community and employees, showcasing that profitability does not have to be at the expense of giving back.
“As the founder of the company, it’s way too easy to just think of the company as a vessel for profits. It’s harder to think of all the good things you can do, which are far more important. Our clients realize that it’s not just a job to us. This is something we’re really passionate about: truly making a difference in not only every client’s life, but also the lives of the people who work here and the community we’re in. That’s what it means to be doing good.” –Jason Wenk, Founder of FormulaFolios
“As the founder of the company, it’s way too easy to just think of the company as a vessel for profits. It’s harder to think of all the good things you can do, which are far more important. Our clients realize that it’s not just a job to us. This is something we’re really passionate about: truly making a difference in not only every client’s life, but also the lives of the people who work here and the community we’re in. That’s what it means to be doing good.”
In December 2017, Jason was selected as an Endeavor Entrepreneur and quickly became a global rising star in the network. He has taken full advantage of the resources offered to support entrepreneurs as they scale their companies and attributes much of his success to his involvement with the organization:
Entrepreneurial journeys like Jason’s are the reason why Endeavor is excited to work with high-impact entrepreneurs in Michigan and beyond. We are proud of our work with Jason Wenk and are excited to see what he does next.