Lessons from the struggles of a self-made billionaire: Howard Schultz, former CEO and chairman of Starbucks
The elegantly suited, smart-talking, Caucasoid American CEOs giving perfect speeches seem to be so lucky & privileged. Isn’t it?
However, nothing is further from the truth. People often tend to ignore their struggles.
The true story of Howard Schultz, his stories & his journey to success:
1) He was born in 1 bedroom public housing (US equivalent of the slum).
2) His father met with an accident & had to lose his job; his 7 months pregnant mother had no medical insurance.
3) His first job was at 12 where he did door-to-door sales making 50 cold calls a day. He sold blood, worked many odd-end jobs for money to complete his graduation.
4) It took 1 year for him to convince his dream company he liked to hire him. That too, after many false starts & rejections.
5) He got an epiphany after visiting an Italian shop where he saw a community & camaraderie. His idea for doing that in the USA was turned down. So, he left to embark on his startup journey.
6) He spoke to 242 people to raise money & 212 said โnoโ. But he got enough to start his own business.
7) He started out but had no income for the first year. He had to deal with the fear of not having healthcare, 3 meals a day, & financial insecurity.
8) Eventually, his company gave healthcare to all, even the part-timers & also gave stocks to all eligible ground staffโ the first American company to do something like this.
9) After he retired as a billionaire in 2000 โ Starbucks found itself in trouble. He came back in 2008 & fixed it again.
๐๐ฆ ๐ฅ๐ช๐ฅ๐ฏโ๐ต ๐ด๐ฆ๐ต ๐ฐ๐ถ๐ต ๐ต๐ฐ ๐ฃ๐ถ๐ช๐ญ๐ฅ ๐ข ๐ฎ๐ถ๐ค๐ฉ-๐ญ๐ฐ๐ท๐ฆ๐ฅ ๐ค๐ฐ๐ฎ๐ฑ๐ข๐ฏ๐บ ๐ธ๐ช๐ต๐ฉ ๐ข ๐ฎ๐ข๐ณ๐ฌ๐ฆ๐ต ๐ค๐ข๐ฑ ๐ฐ๐ง 100๐$, 300,000 employees & 30,000 ๐ด๐ต๐ฐ๐ณ๐ฆ๐ด ๐ข๐ญ๐ญ ๐ฐ๐ท๐ฆ๐ณ ๐ต๐ฉ๐ฆ ๐ธ๐ฐ๐ณ๐ญ๐ฅ.
๐๐ถ๐ ๐ถ๐ป๐๐ฝ๐ถ๐ฟ๐ฎ๐๐ถ๐ผ๐ป- ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐ฎ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐๐ผ๐บ๐ฒ๐ผ๐ป๐ฒ ๐น๐ถ๐ธ๐ฒ ๐ต๐ถ๐ ๐ณ๐ฎ๐๐ต๐ฒ๐ฟ ๐๐ฟ๐ฒ๐ฑ ๐๐ผ๐๐น๐ฑ ๐๐๐ฎ๐ป๐ฑ ๐ฎ ๐ฐ๐ต๐ฎ๐ป๐ฐ๐ฒ ๐ผ๐ณ ๐ด๐ฒ๐๐๐ถ๐ป๐ด ๐ฒ๐บ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐ & ๐ฏ๐ฟ๐ถ๐ป๐ด ๐ณ๐ผ๐ผ๐ฑ ๐ผ๐ป ๐๐ต๐ฒ ๐๐ฎ๐ฏ๐น๐ฒ ๐ณ๐ผ๐ฟ ๐ต๐ถ๐ ๐ณ๐ฎ๐บ๐ถ๐น๐, ๐ฒ๐๐ฒ๐ป ๐ฎ๐ณ๐๐ฒ๐ฟ ๐๐ต๐ฒ ๐ถ๐ป๐ท๐๐ฟ๐.
#inspiration #sales #motivation