James Goodwin was born in Williamsport, Pennsylvania. Jim majored in accounting at Virginia Tech, earned his CPA certificate and worked for Arthur Andersen in New York City from 1978-1982. He attended business school at Stanford University, graduating with an M.B.A. in 1984. Since that time he has worked in the financial services industry with Morgan Stanley, National Westminster Bank, and since 1998, for himself. His son, Gordon Tang Goodwin, is 15 years old and enjoys scuba diving, skiing and playing baseball.