Derik Young

He moved to Tacoma to go to UPS. Seems like that didnt work out for him so he went to work with REI. He spoke about how he didn't get his creative side fulfilled working with REI so he started to do side businesses. His business focus on small niche markets. He started up Exit 133, Suite 133, and seasonal view. I really liked his whole "bootstrap" concept for his businesses, which works great for not being responsible for someones finances.

It is great how he looks for business ideas everywhere he goes. He spoke about one instance in which he started a business with a guy he went running with. Also, how it just takes him few hours to go start a business in Olympia, for only $400.

Though his revenue stream is not constant, yet alone predictable, he is still waiting for his million dollar idea. It is good to see someone who doesn't make millions but still does the work he does.

I really liked the concept of Suite 133. The concept of an "incubator" is great and very useful for start ups. It would be great to one day need to use such a place and have all the workings of a office around you with minimal cost. I can see how many people can take advantage of such a system, who doesn't want office space for $200/month? I would have like to hear why he doesnt contract a equity stake with those companies in exchange for office space and infrastructure.