Be Your Own Boss: Jens Molbak Shares His Experiences on March 10

February  24, 2010

Founder of Coinstar, Inc. and owner of Molbak's Garden + Home, Jens Molbak, to speak at Lake Washington Technical College on March 10

Jens Molbak, founder of Coinstar, Inc. and owner of Molbak's Garden + Home, will be the featured speaker at Lake Washington Technical College's (LWTC) Entrepreneurship Speaker Series event on March 10. This is the fourth installment of the series, which focuses on owning and running your own business, and will take place March 10, from 11:00 AM to 12:30 PM in room W401 at the Kirkland campus.

Jens Molbak founded Coinstar, Inc. in 1990 with the goal of creating a company that could simultaneously benefit the private, public, and non-profit sectors. The company pioneered self-service coin counting to provide consumers a convenient and innovative means to convert loose coins into cash. Currently, Coinstar has over 12,000 locations in the United States, Canada and United Kingdom. Coinstar's units are designed not only to convert coins into cash, but also to accept donations for many charitable organizations including UNICEF, The Red Cross, and the World Wildlife Fund. The company went public in 1997 and Jens retired as Chairman and CEO of Coinstar in 2001.

Today, Jens Molbak and his wife, Blair, own and operate Molbak's Garden + Home in Woodinville, which was founded by his parents in 1956. Molbak's also operates a 40-acre plant farm in Redmond where inspiring plants are locally grown for northwest gardens.

Jens earned a bachelor's degree in psychology and biology from Yale University and worked as an investment banker with Morgan Stanley & Company in New York. He moved to Virginia to help develop a neuroscience center at the University of Virginia, before earning an MBA in Business from Stanford University. Jens currently serves on the Board of Directors of the Space Needle Corporation and ecoATM. He is a past trustee of the Lakeside School.

For more information about this free event, please call LWTC's Continuing Education Department at 425-739-8112 or by e-mail

Lake Washington Technical College is located at 11605 132nd Ave. N.E. in Kirkland. Room W401 is located on the 4th floor of the college's West Building. Parking is free. For directions, visit