Entrepreneurs in Residence

Paul Edelman helps next-generation entrepreneurial leaders and their families work together more effectively to navigate the challenges of succession, leadership, governance, and family dynamics.

As an executive coach and family business consultant, he guides clients through difficult conversations, helps them balance family expectations with personal ambitions, and supports them in building strong, sustainable multi-generational enterprises.

Paul holds a BS from MIT and a PhD in Personality and Developmental Psychology from Harvard University, where his research and teaching focused on group dynamics and organizational behavior.

Steve Gaklis is a Bertarelli Institute for Family Entrepreneurship Research Fellow and PhD researcher in entrepreneurship and family business. His current research interests lie at the intersection of family business and entrepreneurship. The goal of his research is to investigate organizational sponsorship in the context of trans-generational entrepreneurship practices and understand how dynastic family firms use mechanisms associated with sponsorship activities to support new ventures. His research has supported new constructs in an entrepreneurial habitus and applied theory in asymmetric paternalism.

Steve received his PhD from University of Strathclyde, UK and his MBA with specialization in statistics and finance from Babson College. He received his Bachelor of Science degree in biology from Cornell University. Prior to his appointment as a Bertarelli Institute Fellow at Babson, Steve was a Visiting Research Scholar at the Blank Center. He has also been an academic writer, lecturer, and advisor to the Babson STEP Project and advisor to the Bertarelli Institute for Family Entrepreneurship. Steve has presented his academic papers at international academic forums in Dubai, (ICSB), Vancouver (Academy of Management), Glasgow (ISBE – Best Paper nomination), Vermont (FERC) and Boston (BCERC) to name a few.

Steve is a former Babson College Trustee, Overseer and Alumni Association President. He has advised several Babson committees over past years including the Trustee Nominating Committee and Advisory Committee on College Priorities (ACCP). Along with his academic work, he also owns and operates Nursery Direct, one of the largest horticultural distribution and finance groups in the eastern United States. Prior to spinning out Nursery Direct from his family-owned businesses, he co-owned and managed family businesses, which included multiple horticultural distribution centers, growing operations, retail operations, and real estate located in Canada and the Northeast. Olympus Partners purchased family operations in 2004. Most recently, Steve launched gardenUP, LLC an innovative, online platform which transforms landscaping from a process to a product.

Steve is also a competitively-ranked squash player and loves to fly fish wherever in the world his travels take him. He lives with his wife and two dogs in Weston, Massachusetts.