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Stephen Spinelli Jr. is currently the President of Babson College and has been since July of 2019. Prior to Babson, he held roles such as Chancellor of Thomas Jefferson University, President of Philadelphia University, and co-founder of Jiffy Lube.

In this interview, we talk about:

- The Origin Story of Co-Founding Jiffy Lube

- The Business Lessons from Jiffy Lube - becoming the largest franchisee, going public, and selling the business

- How his personal life played a crucial role in all his success

- Growing in higher ed from an Instructor to Tenured Professor to Vice Provost from 1993 to 2007

- Becoming President of Philadelphia University in 2007

- Becoming President of Babson College in 2019

Links:

Babson's Website: https://www.babson.edu/

President Spinelli's Twitter: https://twitter.com/SpinelliS

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Grateful Living Info:

YouTube: https://www.youtube.com/channel/UC9Bo0LHtRJJNJBUYIceg27w

Spotify: https://open.spotify.com/show/3Hn4ttttmbWfVqAhWh4Jhi

Apple: https://podcasts.apple.com/us/podcast/id1503185956

My Instagram: https://www.instagram.com/aroy81547/?hl=en

Patreon: https://www.patreon.com/gratefulliving4

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Approximate Time Stamps:

0:00 Intro

1:06 Steve’s childhood, high school and college

4:48 Origin of Steve’s business/entrepreneurial career

7:37 Origin of Jiffy Lube

12:42 Going to Babson for a part-time MBA

15:30 When did you start the nursing home business?

16:52 How did you trust your coach to go into business with him and not doing a traditional corporate career?

20:00 How was working with 4 other partners?

22:41 What did franchising teach you?

25:00 What did you learn from going public with Jiffy Lube?

26:35 Any advice on selling a business?

28:55 How did you manage your personal life?

31:35 What advice would give to young professionals deciding to focus solely on career?

33:30 Did you struggle with professional and personal balance?

34:15 How did fatherhood change you?

36:45 What was the decision making process of getting a Ph.D. at Imperial College?

40:33 What was key to the growth in higher ed from Instructor to tenured Faculty Member to Vice Provost from 1993 - 2007?

43:48 Transitioning to President of Philadelphia University?

49: 28 How did you build a culture at Philadelphia?

53:00 Transitioning to becoming President-Elect of Babson in December of 2018

1:00:30 How do you balance all the responsibilities of a President - fundraising, campus experience, finance?

1:03:31 What are the measures Babson is taking in response to the pandemic?

1:07:30 What advice do you have to someone trying to move up in academia?

1:09:31 Any last piece of life advice?

1:10:20 How can we support you?