Enrico   Palmerino   ’11

Enrico Palmerino ’11

CEO, botkeeper

“Other individuals think or hope for change. Entrepreneurs actually do.”
Hometown Location
Class Year
Start-up Entrepreneurship

What words have changed your life?

“Here’s to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They’re not fond of rules. And, they have no respect for the status quo. You can praise them, disagree with them, quote them, disbelieve them, glorify or vilify them. About the only thing you can’t do is ignore them. Because they change things. They invent. They imagine. They heal. They explore. They create. They inspire. They push the human race forward. Maybe they have to be crazy. How else can you stare at an empty canvas and see a work of art? Or sit in silence and hear a song that’s never been written? Or gaze at a red planet and see a laboratory on wheels? While some see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.” —From an Apple advertising campaign

What is your proudest moment in business?

Making No. 46 on the Inc. 500 List.

How do you want to change the world?

I want to employ 1,000 people—offer those individuals a source of income, great benefits, a community, and lifestyle that affords them the ability to travel, spend time with family, and give back to others.

What makes you an entrepreneur?

Entrepreneurship is acting on an opportunity in which the risk has been assessed and the risk vs. reward justified. Entrepreneurship is a way of life for me. Whether it be starting botkeeper and automating the accouting industry, or making personal investments in property, or helping other entrepreneurs, or advising larger companies on entrepreneurial practices and ideas through board seats; entrepreneurship is all I know and is a part of everything I do.

Why does the world need more leaders with an entrepreneurial mindset?

They are the ones that actually make change happen. Other individuals think or hope for change. Entrepreneurs actually do.

What Babson lesson still resonates in your career?

More than any one lesson, class or professor, the thing that sticks with me the most from Babson is the idea of challenging the norm and the philosophy of building and creating something meaningful. Babson does an excellent job at not just teaching you entrepreneurial concepts but rather encouraging and pushing you to put the concepts in action and try to start, build, or create something.

What do others need to know about Babson?

Babson doesn't just teach, it does. At Babson, the professors show you how to take action and most of the classes actually require that you do take action. The school is less about preaching and more about mentoring, advising, and showing you how to do something and then pushing you to do it or at least try to do it.