Howard Schultz is an American businessman and the former CEO of Starbucks. He is now the executive chairman of the company. Schultz was born in Brooklyn, New York, on July 19, 1953. His father, Fred, was a truck driver, and his mother, Elaine, was a homemaker. Schultz graduated from Northern Michigan University in 1975 with a bachelor’s degree in communications. After college, he worked as a sales representative for Xerox Corporation and then as a general manager for Hammarplast, a Swedish company that manufactured coffee makers.
Table of Contents:
1. Early Life and Education
2. Career
3. Business Achievements
4. Political Views
5. Philanthropy
6. Personal Life
7. Awards and Honors
8. Net Worth
9. Legacy
10. Top Howard Schultz Quotes
Early Life and Education
Howard Schultz was born in Brooklyn, New York, on July 19, 1953. His father, Fred, was a truck driver, and his mother, Elaine, was a homemaker. Schultz graduated from Northern Michigan University in 1975 with a bachelor’s degree in communications.
Career
After college, Schultz worked as a sales representative for Xerox Corporation and then as a general manager for Hammarplast, a Swedish company that manufactured coffee makers. In 1982, Schultz visited a Starbucks store in Seattle, Washington, and was impressed by the company’s potential. He joined Starbucks as director of operations and marketing in 1987. Schultz became CEO in 1996 and chairman in 2000. Under Schultz’s leadership, Starbucks expanded rapidly, opening stores across the United States and around the world. The company went public in 1992.
Business Achievements
During his time as CEO of Starbucks, Schultz oversaw the company’s expansion from just a few dozen stores to more than 28,000 stores in 77 countries. He also led the company through tough times, including the 2008 financial crisis. Schultz is credited with making Starbucks into one of the most successful and recognizable brands in the world.
Political Views
In recent years, Schultz has been outspoken about social and political issues. In 2015, he announced that Starbucks would provide free college tuition for its employees. In 2017, he spoke out against President Donald Trump’s travel ban. Schultz stepped down as CEO of Starbucks in April 2017, but he remains chairman of the company’s board.
Philanthropy
Schultz is a major philanthropist. He and his wife, Sheri, have donated millions of dollars to causes such as education and medical research. In 2014, they created the Schultz Family Foundation, which supports organizations that work to improve the lives of children and families.
Personal Life
Schultz is married to Sheri Kersch. The couple has two daughters, Jordan and Eliza.
Awards and Honors
Schultz has received numerous awards and honors during his career. In 2011, he was inducted into the American Academy of Arts and Sciences. In 2012, he was awarded the Presidential Medal of Freedom, the highest civilian honor in the United States.
Net Worth
Schultz has an estimated net worth of $3.1 billion.
Legacy
Schultz is considered one of the most successful businessmen of his generation. He is credited with turning Starbucks into a global brand and making it one of the most recognizable companies in the world.
Top Howard Schultz Quotes
“Social and digital media is a bullet train, and that bullet train is not coming home.”— Howard Schultz
“Everyone starts strong. Success comes to those with unwavering commitment to be at the end.”— Howard Schultz
“Certainly the caffeine in coffee, whether it’s Starbucks or generic coffee, is somewhat of a stimulant. But if you drink it in moderation, which I think four or five cups a day is, you’re fine.”— Howard Schultz
“The success of the Starbucks has been based on this balance between profitability and a social conscience. Everywhere we’re doing business, were trying to manage the business through the lens of humanity.”— Howard Schultz
“Dream more than others think practical. Expect more than others think possible. Care more than others think wise.”— Howard Schultz
“Success is not an entitlement. It has to be earned.”— Howard Schultz
“At its core, I believe leadership is about instilling confidence in others.”— 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.”— Howard Schultz
“The evolving social and digital media platforms and highly innovative and relevant payment capabilities are causing seismic changes in consumer behavior and creating equally disruptive opportunities for business.”— Howard Schultz
“Authentic brands don’t emerge from marketing cubicles or advertising agencies. They emanate from everything the company does…”— Howard Schultz
“Grow with discipline. Balance intuition with rigor. Innovate around the core. Don’t embrace the status quo.”— Howard Schultz
“In this ever-changing society, the most powerful and enduring brands are built from the heart.”— Howard Schultz
“Hiring people is an art, not a science, and resumes can’t tell you whether someone will fit into a company’s culture.”— Howard Schultz
“I don’t have any secret sauce and I’m no smarter than anyone else. I will say I have surrounded myself with unbelievable talent that has made my job easier.”— Howard Schultz
“In anything we do, any endeavor, it’s not what you do; it’s why you do it.”— Howard Schultz
“Success is best when it is shared.”— Howard Schultz
“Starbucks has a role and a meaningful relationship with people that is not only about the coffee.”— Howard Schultz
“Customers must recognize that you stand for something.”— Howard Schultz
“The hardest thing about being a leader is demonstrating or showing vulnerability. And that has a lot to do with trust.”— Howard Schultz
“Any business today that embraces the status quo as an operating principle is going to be on a death march.”— Howard Schultz
“But when you really believe-in yourself, in your dream-you just have to do everything you possibly can to take control and make your vision a reality. No great achievement happens by luck.”— Howard Schultz
“People want to be part of something larger than themselves. They want to be part of something they’re really proud of, that they’ll fight for, sacrifice for, that they trust.”— Howard Schultz
“Starbucks represents something beyond a cup of coffee.”— Howard Schultz
“While we are a coffee company at heart, Starbucks provides much more than the best cup of coffee – we offer a community gathering place where people come together to connect and discover new things.”— Howard Schultz
“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.”— Howard Schultz
“I think if you’re an entrepreneur, you’ve got to dream big and then dream bigger.”— Howard Schultz
“Always challenge the old ways.”— Howard Schultz
“Success is empty if you arrive at the finish line alone.”— Howard Schultz
“In times of adversity and change, we really discover who we are and what we’re made of.”— Howard Schultz
“You walk into a retail store, whatever it is, and if there’s a sense of entertainment and excitement and electricity, you wanna be there.”— Howard Schultz
“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
“We have no patent on anything we do and anything we do can be copied by anyone else. But you can’t copy the heart and the soul and the conscience of the company.”— Howard Schultz
“Managing a business, small or large, today requires an extremely disciplined, thoughtful approach with regard to the pressure that people are under.”— Howard Schultz
“Sometimes you have to create the thing you want to be part of.”— Howard Schultz
“When you’re surrounded by people who share a passionate commitment around a common purpose, anything is possible.”— Howard Schultz
“Believe in your dreams and dream big. And then after you’ve done that, dream bigger.”— Howard Schultz
“This may sound a bit naive, but I got here by believing in big dreams.”— Howard Schultz
“We are not in the coffee business serving people, we are in the people business serving coffee.”— Howard Schultz
“Effective leaders share two intertwined attributes: an unbridled level of confidence about where their organizations are headed, and the ability to bring people along.”— Howard Schultz
“Mass advertising can help build brands, but authenticity is what makes them last. If people believe they share values with a company, they will stay loyal to the brand.”— Howard Schultz
“Be bold, but be fair. Don’t give in. If others around you have integrity, too, you can prevail.”— Howard Schultz
“Success is the by-product when you work toward the target.”— Howard Schultz
“Whatever you do, don’t play it safe. Don’t do things the way they’ve always been done. Don’t try to fit the system. If you do what’s expected of you, you’ll never accomplish more than others expect.”— Howard Schultz
“I was taken by the power that savoring a simple cup of coffee can have to connect people and create community.”— Howard Schultz
“Every step of the way, I made a point to underpromise and overdeliver. In the long run, that’s the only way to ensure security in any job.”— Howard Schultz
“I can’t imagine a day without coffee. I can’t imagine!”— Howard Schultz
“I think the currency of leadership is transparency. You’ve got to be truthful. I don’t think you should be vulnerable every day, but there are moments where you’ve got to share your soul and conscience with people and show them who you are, and not be afraid of it.”— Howard Schultz
“A hundred times every day I remind myself that my inner and outer life depend on the labors of other men, living and dead, and that I must exert myself in order to give in the same measure as I have received.”— Howard Schultz
“When companies fail, or fail to grow, it’s almost always because they don’t invest in the people, the systems, and the processes they need.”— Howard Schultz
“Risk more than others think is safe. Dream more than others think is practical.”— Howard Schultz
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