Howard Schultz’s $100 Billion Success: How He Turned 217 Rejections Into Starbucks! [Video]

Howard Schultz, the man who turned Starbucks into a global giant, was rejected by 217 investors before finding success. Now, Starbucks is worth over $100 billion! Learn the power of resilience and never giving up.

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📖 Fact-Checked Summary:
Howard Schultz, the man behind Starbucks’ massive success, was turned down by 217 investors before he could secure funding for his dream of expanding the coffee company. In 1985, Schultz left his position as Starbucks’ Director of Retail Operations and Marketing to start his own coffee company, Il Giornale. When he sought investors, he was repeatedly rejected because they didn’t believe in his vision of building a coffeehouse empire. After being rejected 217 times, Schultz finally found investors and went on to buy Starbucks in 1987 for $3.8 million. Today, Starbucks is a global coffee giant with over 30,000 stores worldwide, and Schultz’s perseverance is a testament to never giving up​.

🔗 Source: Business Insider (https://www.businessinsider.com/howard-schultz-profile-2015-10)

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