I think his first 3 points are valid, but the 4th should have been left out. All generations, young and old, have their fair share of entitled + lazy people. It's never been easy to find hard working, loyal people. Never. Blaming it on the current culture, or the "youth" is understandable, but ultimately misguided.

One of the undervalued skills in entrepreneurship is the ability to not only find, but successfully hire and retain, excellent employees. It's never been easy.