Roger Babson Quotes

A collection of quotes by Roger Babson.

Roger Babson (1875-1967) was an American entrepreneur, economist, and business theorist. He is best known for his role in predicting the stock market crash of 1929 and his contributions to the field of business management. Babson was born in Gloucester, Massachusetts, and developed an early interest in entrepreneurship and finance.

In 1904, Babson founded the Babson Statistical Organization, which aimed to provide reliable and accurate business statistics. He later established Babson's Reports, a newsletter that gained a wide readership and further solidified his reputation as an economic expert. In the 1920s, Babson became famous for correctly predicting the impending financial crisis and subsequent stock market crash. His accurate forecasts led him to be seen as one of the few experts who had foreseen the imminent economic collapse.

Babson's contributions to the field of business management include his creation of the concept of the entrepreneur. He believed that successful entrepreneurs possessed distinct qualities that could be taught and developed. This led to the establishment of Babson College in 1919, a renowned business school that focuses on entrepreneurship and management education.

Throughout his life, Babson actively worked on various business ventures, wrote books on economic topics, and advocated for social and financial reforms. He believed in creating a society where business leaders would use their wealth and influence to improve the welfare of all citizens. Roger Babson's contributions to entrepreneurship and economic understanding have had a lasting impact on the business world and continue to influence aspiring entrepreneurs and scholars to this day.