Spring 2016 – Babson Magazine http://entrepreneurship.babson.edu/magazine-archive Babson Magazine is published four times a year and is distributed to alumni and friends of Babson. Fri, 29 Jul 2016 14:55:09 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Jay Nichols http://entrepreneurship.babson.edu/magazine-archive/news/jay-nichols/ Wed, 11 May 2016 13:35:23 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4440 Work, not wanderlust, has taken Jay Nichols ’82, P’11, to new places, opening his eyes to different cultures and perceptions. Last year alone he traveled to 23 states and 17 countries, seeing the world “from the inside of an airplane,” he adds with a laugh. Nichols is CEO of AXIS Re, a global reinsurer, which provides insurance to insurance companies, managing the complex risk of disasters and catastrophic damage.

Work inspired Nichols’ first adventurous trips as a youth, too. Growing up in western Massachusetts, he barely traveled outside his hometown. But to earn money for college, he spent summers working on a tugboat at the mouth of the Mississippi River and later on an oil rig off the coast of Louisiana, jobs he acquired with the help of his father. “Those were highpaying jobs,” says Nichols, “and in the fall I was able to put a big check on the bursar’s desk.”

Nichols’ interest in accounting and business brought him to Babson, where he also was on the soccer and ski teams. After graduating, he found a job at an accounting firm that “liked to hire Babson alums,” and he worked for clients in the insurance industry. This led to an opportunity in Bermuda, where he lived with his family for 15 years and was introduced to people from countries all around the world. “For a small island,” he notes, “it’s a true global community.”

When he wasn’t in Bermuda, Nichols’ job was taking him to one of the more than 30 countries he has visited, where along with memorable experiences he also often saw wide disparity in infrastructure, resources, and access to educational opportunities. So when President Kerry Healey created the Global Scholars Program, he was inspired to expand his philanthropic support to scholarships for international students. “I spent a lot of time trying to figure out how to afford college,” he says. “It worked out OK for me. I was fortunate then, and I’ve been fortunate since. I’ve been able to give away more money than I ever thought I’d make. There were many people along the way who supported me. It’s time to give other people a chance to benefit from that.”

Nichols currently supports scholarships for two students from Rwanda and Kenya. “These are really smart kids who without the Global Scholars program would not have access to the education they can get at Babson, or be able to meet the people they can meet at Babson,” he says. “They’re from countries that because of the nature of their economies can really benefit from new thinkers in the entrepreneurial business space.”

Nichols hopes the Global Scholars program will continue to grow. “There are plenty of other curious, motivated kids who have the mindset to create,” he says, “and who have an interest in taking what they learned back home with them to create better opportunities for people in their home countries, so the philanthropy becomes exponential.”

Babson’s community benefits tremendously from a diverse culture as well, says Nichols. People around the world face similar problems, he says, but they may approach solving those problems differently based on their backgrounds. Bringing students from various countries together into the same classrooms exposes everyone to new ideas. “It’s nice to be a small part of supporting this mission.”

Hosting a luncheon at his home for incoming first-year students, Nichols advised them to reach out to classmates from other regions and countries. “Get a little bit outside your comfort zone,” he told them. “We all choose the threads that will create the fabric of our experience. The more diverse the threads, the richer the fabric.”—Jeff Stupakevich, manager, advancement communications

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Babson Connect: Worldwide 2016 http://entrepreneurship.babson.edu/magazine-archive/news/babson-connect-worldwide-2016/ Mon, 09 May 2016 20:28:43 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4434 More than 300 Babson alumni, parents, and friends attended Babson Connect: Worldwide 2016, an exceptional opportunity for the global Babson community to gather and celebrate Entrepreneurship of All Kinds®. Taking place this past March in Dubai, United Arab Emirates, the second annual event offered 11 panels and sessions presented by renowned Babson faculty, local entrepreneurs, and business leaders from the Middle East and North Africa (MENA) region. President Kerry Healey announced that Babson Connect: Worldwide 2017 will be held in Thailand.—Lindsay Magoon, associate director, advancement communications

Carlos Herrera ’92

Photo: Gecko Media

While attending the event in Dubai, one of the world’s most cosmopolitan destinations, attendees enjoyed the Arabian Night Welcome Reception and Dinner at the Al Sahara Camp in the Dubai Desert Conservation Reserve. Pictured here are Carlos Herrera ’92 and his wife, Elvira de la Guardia.

Stairway

Photo: Gecko Media

Attendees gathered on the stairway leading to the event ballroom for a group photo. During the three-day event, they enjoyed sessions and panels such as “Stories of Transgenerational Family Businesses,” “Entrepreneurship in the MENA Region,” and “Young Entrepreneurs, Leveraging the Babson Network for Global Enterprise.”

Lawn Lunch

Photo: Gecko Media

On Friday, the Babson community gathered on the lawn at the Four Seasons Hotel for a networking luncheon that highlighted six topics for discussion, including women entrepreneurs, youth unemployment, and globalization and urbanization and the convergence economy.

Awards Ceremony

Photo: Gecko Media

At Saturday night’s awards gala, His Highness Sheikh Ahmed bin Saeed Al Maktoum (fourth from right), chairman and chief executive of Emirates Airline and Group, was inducted into the Academy of Distinguished Entrepreneurs. Shainoor Khoja (third from left), founder and CEO of Better Business Enterprise, was awarded the Lewis Institute Community Changemaker Award. They are pictured here with President Kerry Healey (third from right) and the Babson Connect: Worldwide 2016 host and advisory committees.

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Yuanyuan Yin http://entrepreneurship.babson.edu/magazine-archive/news/yuanyuan-yin/ Mon, 09 May 2016 20:13:21 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4433 Yuanyuan Yin is CEO and co-founder of SuperHealos, a Newton, Mass.-based startup that creates products to help children understand and cope with hospitalization and medical care. The products include storybooks that use cartoon characters to explain medical situations and processes, and coordinating toys, such as capes and stuffed animals for playacting. The SuperHealos app allows children to further explore the medical world.

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Andres Valencia http://entrepreneurship.babson.edu/magazine-archive/news/andres-valencia/ Mon, 09 May 2016 20:11:47 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4432 Andres Valencia (left), emails, “Last year, Diego Pacheco, MBA’16 (right), and I founded Cociel. We are shown with our intern, Karina Del Moral ’18. Cociel helps local Latin American food producers, who source sustainably, enter U.S. and international markets through virtual reality and technology. Why? Because the large ‘Latin’ brands aren’t a true reflection of our food and culture. Also because the local gourmet food producers behind the best flavors in Latin America, hardworking people who have an impact in their communities, have limited access to foreign markets and technological advances.”

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Emily Lagasse http://entrepreneurship.babson.edu/magazine-archive/news/emily-lagasse/ Mon, 09 May 2016 20:10:42 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4431 Emily Lagasse and her dog food business, FedWell, were featured in a Nov. 17 article, “Boston Startup FedWell Is Making Pet Food So Pure, You’d Probably Eat It,” on BostInno. Emily first started making food for her dog, Fenway, when she realized that traditional dog food was making him sick. When the dog’s digestive problems disappeared in a few weeks, Emily entered the market to sell her line of less-processed foods.

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Lulwa AlSoudairy http://entrepreneurship.babson.edu/magazine-archive/news/lulwa-alsoudairy/ Mon, 09 May 2016 20:09:49 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4430 Lulwa AlSoudairy is a co-founder of online marketplace Artistia.com, a hub for artists and designers in Saudi Arabia. By increasing exposure, the marketplace seeks to increase demand locally and internationally for its crafts. Artistia, which was founded in 2015, also is on Facebook.

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Faye LaCasse http://entrepreneurship.babson.edu/magazine-archive/news/faye-lacasse/ Mon, 09 May 2016 20:08:17 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4429 Faye LaCasse has been named director of product marketing at Ebsco Information Services, which provides online research tools for libraries. She oversees marketing for several product lines, including e-books, subscriptions, and digital magazines. Previously, Faye was director of marketing, U.S. learning services at Pearson North America, where she had worked for 10 years.

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Rebecca McCrensky http://entrepreneurship.babson.edu/magazine-archive/news/rebecca-mccrensky-2/ Mon, 09 May 2016 20:07:35 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4428 Rebecca McCrensky, founder of Altar Ego, was featured in a Dec. 19 article, “Local Shop Offers Customized Yoga Pants,” in the Andover Townsman. Rebecca has sold her yoga apparel online since 2014, and late last year she opened a store in Andover, Mass., to offer customers an opportunity to try the clothing. About 25 percent of the company’s sales are international, which she credits to the power of social media, especially Instagram.

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Karim El-Gamal http://entrepreneurship.babson.edu/magazine-archive/news/karim-el-gamal-3/ Mon, 09 May 2016 20:05:56 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4427 Karim El-Gamal and Michael Kasseris are two of three founders of Rail Trail Flatbread, a pizza and craft beer restaurant they opened in 2012, and New City Microcreamery, a specialty ice cream shop they opened shortly thereafter. The two restaurants and a speakeasy-styled evening spot, known as “< >” or Less Than Greater Than, located in the back of New City, were featured in an article, “Where to Eat and Drink in Hudson, Mass.,” in the December issue of Boston magazine.

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Pichon Duplan http://entrepreneurship.babson.edu/magazine-archive/news/pichon-duplan-4/ Mon, 09 May 2016 20:04:53 +0000 http://entrepreneurship.babson.edu/magazine-archive/?post_type=bm-news&p=4426 Pichon Duplan (’10): See photo in the Undergraduate section.

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