Dr. Lee Grumbles is a Clinical Assistant Professor in the Department of Entrepreneurship and Corporate Innovation. He regularly teaches New Venture Finance, Strategic Management, Entrepreneurial Process, and Starting and Managing a Small Business. Dr. Grumbles received his B.A. in 2001 from Texas A&M University, M.B.A. in 2012 from Sam Houston State University, and Ph.D. in Business Administration in 2020 from Oklahoma State University. Dr. Grumbles’ primary research interest examines the relationship between new venture signals and investor legitimacy. He has specifically explored how new ventures can strategically leverage specific signals when competing for external capital.
Prior to joining Baylor University, Dr. Grumbles was a Vice President of Commercial Banking for 17 years and has extensive experience working with entrepreneurial ventures. During his time in industry, Dr. Grumbles had the privilege of mentoring new bankers in various aspects of banking, such as B2B sales, risk assessment, and portfolio management.
Dr. Grumbles is a member of the Academy of Management and is active within the field, developing and presenting entrepreneurship research. He is also currently a member of the Global Advisory Committee for the McBride Center for International Business, which focuses on study abroad initiatives within Baylor University. Dr. Grumbles is a strong proponent for active learning and regularly works at improving this teaching style, attending experiential teaching workshops and was recently appointed an active learning fellowship in the fall of 2021.
Dr. Grumbles is married to Lauren Grumbles, an interior designer, and they have two children, Ethan (13) and Avery (10). They have been active members of Faithbridge United Methodist Church for many years. “I am so excited and looking forward to working with the next generation of entrepreneurial minds. Not only is this an amazing opportunity for students to collaborate with each other on new ideas and opportunities, but also for me in helping bring these ideas to fruition.”