4.9 • 1.8K Ratings
🗓️ 27 January 2025
⏱️ 5 minutes
🧾️ Download transcript
Howard Schultz transformed Starbucks into a global phenomenon, but his vision wasn't just about coffee. Want to know the inspiration behind it? Darren Hardy reveals the powerful lesson behind Schultz's success in this compelling episode!
Get more personal mentoring from Darren each day. Go to DarrenDaily at http://darrendaily.com/join to learn more.
Click on a timestamp to play from that location
0:00.0 | Welcome to Darren Daly on demand, your most trusted resource to help you become better every day. |
0:07.3 | Here's your success mentor, Darren Hardy. |
0:13.3 | Howard Schultz, the two-time CEO of Starbucks, who first made Starbucks what it is and then retired, |
0:19.6 | who then had to come back in and save Starbucks |
0:22.3 | once falling star to remake it again what it is today said i always wanted to do something to make |
0:29.6 | a difference here's why shultz was born in 1953 and was raised in the mean streets of bayview |
0:36.2 | housing project in brooklyn new york his mother worked as a receptionist and his father was most and was raised in the mean streets of Bayview Housing Project in Brooklyn, New York. |
0:39.3 | His mother worked as a receptionist and his father was mostly unemployed. |
0:42.7 | When his dad was employed, he held a variety of jobs, none of which paid much or offered |
0:47.1 | such basic benefits as medical coverage for him and his family. |
0:51.0 | When Schultz was seven, his father lost his job as a diaper service delivery driver |
0:55.6 | after breaking his ankle. At the time, sick pay or even legally mandated disability assistance were |
1:02.0 | luxuries to those in low-paying jobs. And in the ensuing months, the family was literally |
1:07.1 | too poor to put food on the table. It was a memory that Schultz would have and would carry with him through his adulthood. |
1:15.3 | During a vacation in Italy, Schultz had what he had, what he called his epiphany. |
1:19.6 | While sitting at one of Milan's mini espresso bars, he realized that coffee, |
1:23.4 | coffee shops there played an integral role in social life for Italians. It was a focal point for |
1:29.2 | the neighborhood where friends met, where they mingled, and where they lingered for all hours |
1:33.2 | of the day. Seeing this, he thought to himself, why not open a coffee bar like this in Seattle? |
1:37.9 | So now it's 1987, and he learned that Baldwin and Balker wished to sell their outlets. So after rounding up investors from Seattle, |
1:46.6 | Schultz purchased the original Starbucks chain |
1:49.1 | for $3.8 million. |
... |
Transcript will be available on the free plan in -17 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Darren Hardy LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Darren Hardy LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.