By Bryan Lipiner / College Marketing
In a conversation with Babson student-athletes, President-elect Stephen Spinelli Jr. MBA'92 shared his entrepreneurial experiences and reflected on how he separated himself and his company from the competition.
Spinelli, who played football as an undergrad at McDaniel College, discussed the definition of entrepreneurship and recalled his time at Jiffy Lube International, which he co-founded and grew into one of the country's dominant service centers with more than 1,000 locations. About 400 members of the Babson Athletics community attended the lecture, including student-athletes, coaches, and athletics administration and staff.
"Thinking in terms of a holistic approach to solving a problem is an essential part of the maturing of an entrepreneur's mind," he said. "The more you aspire, the bigger you grow, and you naturally reduce risks. Too many people try to keep it small and their margin for error becomes too great."