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Entrepreneurship is a way of life(1)
2007-03-16 14:08:39 [ Big Normal Small ]  Zong Xing   Comment
  A short interview with Mr. Barefoot, President of Babson College


  Xing Talk is a new column runs regularly by Xing Zong, a Chinese graduate student at Duke University. Xing is right now pursuing a Ph.D. degree in physics, but writing and interacting with people is his lifelong passion. He contributes to regularly with his interesting interviews of Presidents in U.S. top universities, Nobel Laureates and business school deans. As Xing said, “my biggest discovery after arriving in U.S. was that my first name “Xing” had a nice interpretation of the on-road sign crossing. Indeed, I stand at the cross road of two different cultures and eager to connect Uncle Sam and Red Dragon.” Recently Xing held a short interview with Mr. Barefoot, President of Babson College.

  About Babson College,
  Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit

  About Mr. Barefoot
  A graduate of the College, Mr. Barefoot has a long and distinguished record of service to Babson and served as Chair of the Board of Trustees from 1996 to 2001. He was named President as of July 1, 2001.
  Previously, Mr. Barefoot's career in financial services spanned more than three decades. At PaineWebber, Inc. from 1994 to 2001, he served as Executive Vice President and Director of Investment Banking, a member of its Board of Directors, and President and Chief Executive Officer of its subsidiary PaineWebber International. During twenty-five years at Merrill Lynch & Co., from 1967 to 1992, he held various senior management positions, retiring as Senior Managing Director. From January 2001 to July 2002, Mr. Barefoot served in various capacities, including President, CEO and Chairman of the Board, at NeoVision Hypersystems Inc., a leading provider of software solutions specializing in advanced visualization and decision support for the financial services industry. In 1992, he founded Frontier Sports Development Corp. and served as President until 1994.
  Mr. Barefoot joined the governing board of Babson College in 1985 and has served in many capacities including Chair of the Investment Committee, Chair of the Development and Alumni Relations Committee, and Chair of the Executive Committee. From 1992 to 1997, he was co-chair of Babson's capital campaign, which raised a record $122 million. In 1994, he received the Cruickshank Alumni Leadership Award, the College's distinguished alumni service award, for his many contributions to Babson College.

  Z: Mr. Barefoot, you have a unique vantage point to evaluate Babson. As an alumnus of the undergraduate program, the parent of an MBA, former Chairman of the Board of Trustees, and now as President, what changes have you seen at Babson evolve over the past 40 years?

  B: I have experienced so many changes! The number of students has increased; we have very high quality education in all 3 of our programs, and most importantly, Babson college is now internationally recognized.

  Z: Babson is known for its entrepreneurial culture and can-do spirit that is unsurpassed elsewhere. How does Babson infuse entrepreneurship education throughout the curricula and co-curricular activities?

  B: Entrepreneurship isn’t just an academic discipline at Babson. It’s a way of life. We try and infuse passion and the desire to “change the world” through thinking and acting in a unique manner.
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