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Howard Schultz: The Man Drinking Success

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Brief History and Early Beginnings

Howard Schultz is the man drinking his way to success, he is responsible for the growth of Starbucks. If you want to get some coffee, there are not too many better places to go other than Starbucks. Starbucks’s rise to fame is down to this man who has helped grow the company into a superpower. He has not only been the CEO of Starbucks but he has also been the owner of NBA team Seattle Supersonics from 2001 to 2006. His ability to own companies of different industries shows the skillset of the man. Howard Schultz has a net worth of $5.2 billion dollars. Howard Schulz was born in New York City on July 19th, 1953. Howard Schultz was raised in a Jewish family and attended Canarsie High School. Despite his success, later on in his life, he did grow up more and his inspiration to grow rich came from that. He later attended Northern Michigan University he graduated with a B.A in communications. When he was in University he was working at a ski lodge after that brief spell he became a salesman for Xerox.

Career

Howard Schultz became his Starbuck career in 1982, at the age of 29. At that point in time, he was the director of retail operations and marketing. Howard Schultz helped add another flavor to Starbucks. He went on a trip to Milan in 1983, during this trip he tried the coffee and he loved it so much, when he got back to America he helped persuade Jerry Baldwin and Gordon Bowker to get leaf ties and spies. However, in 1985 Howard Schultz stepped down from his Starbucks position to try and run his own business. However, he needed over $400,000 dollars to start his own business. However, Howard Schultz bought the company for the price of $3.8 million dollars. Howard Schultz was the CEO for Starbucks on two different occasions, his first tenure was there from 1986 to 2000 and on the second occasion he took over from 2018 to 2017. Howard Schultz didn’t just run Starbucks put he also ran an NBA team. He was the leader of the ten investors that bought the Seattle Supersonics. However, Howard Schultz did get into some difficulties. After Gary Payton decided not to show up for training camp, the two had a feud. In 2006 Howard Schultz decided that he would sell the team and he sold the team for around $350 million dollars. The sale came after Howard Schultz decided he provide funding to build a new arena for the NBA team.

Personal Life

Howard Schultz is someone who is very politically involved and is someone who isn’t afraid to voice his opinion. Howard Schultz is in favor of same-sex marriage. He also supports gun control and people getting background checks. Howard Schultz is someone who has supported the democratic party. When he stepped down from his Starbucks position, there was speculation that he would try and run for the presidency in 2020. Howard Schultz is married to Sheri Kersch and they have been married since 1982 and they have two children.

Howard Schultz Quotes

“When you’re surrounded by people who share a passionate commitment around a common purpose, anything is possible.”

“I believe life is a series of near-misses. A lot of what we ascribe to luck is not luck at all. It’s seizing the day and accepting responsibility for your future. It’s seeing what other people don’t see And pursuing that vision.”

“When I first discovered in the early 1980s the Italian espresso bars in my trip to Italy, the vision was to re-create that for America – a third place that had not existed before. Starbucks re-created that in America in our own image; a place to go other than home or work. We also created an industry that did not exist: specialty coffee.”

“In life, you can blame a lot of people and you can wallow in self-pity, or you can pick yourself up and say, ‘Listen, I have to be responsible for myself.’ Howard Schultz”

“Starbucks is not an advertiser; people think we are a great marketing company, but in fact we spend very little money on marketing and more money on training our people than advertising.”

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