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At 71 years old and a billionaire, Howard Schultz is a sure bet in American capitalism. The entrepreneur's career is mainly linked to the destiny of Starbucks, a company he managed for many years and of which he is now the main shareholder.
His advice to young people
The boss has just granted a fascinating interview to our colleagues at Fortune. On this occasion, he notably gave a valuable piece of advice to young people who want to succeed. He does not recommend that newcomers launch their business directly, but rather that they first acquire some initial professional experience.
The manager thus emphasizes:
At 22, you would be better off working for a company that can teach you and show you how an organization works, as long as that company has values that are compatible with yours. There is a great advantage to being part of an organization and seeing with your own eyes how a company really works and what goes on inside, before doing it yourself.
According to him, it is in no way a renunciation, but a necessary learning to advance his projects. He adds:
200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000More often than not, people will tell you that your entrepreneurial dream is too big and that you should settle for something else, that the risks are too high. You don’t want to be 40 and look back at your 22-year-old self and say, “I really should have believed in myself and my dream.”
A career full of twists and turns
And Howard Schultz himself has put his money where his mouth is. He started out as the director of retail operations and marketing at Starbucks. At that time, he suggested to his superiors that they add espresso to the menu. This idea was initially rejected.
Ambitious, the latter left to found his own line of coffee called Il Giornale. He then demonstrated that this concept could work and returned to Starbucks through the front door as CEO in 1987. He then continued to develop this company which is now listed on the stock exchange and present in the four corners of the world.
It should be noted that Starbucks has had a chaotic last year with real difficulties. To learn more about this, do not hesitate to consult our previous article which looks back at the challenges of this company here.
Finally, let us point out that the bosses of large companies are often asked to give advice to young people. Sam Altman, the CEO of OpenAI, recently addressed this subject. In particular, he suggests speaking directly to colleagues and managers, even if it means displeasing them.
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