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Posted: 05/Jan/2010 at 9:23pm
* There is no more precious commodity than the relationship of trust & confidence a company has with its employees
* Best way for an entrepreneur to maintain control is by performing well & pleasing its shareholders, even if his/her stake is below 50%
* As boss, if you close your ears to news ideas, you may end up closing off great opportunities for your company
* Part of what constitutes success is timing & chance. But most of us have to create our own opportunities & be prepared to jump when we see a big one others can't see
* It is one thing to dream, but when the moment is right, you have got to be willing to leave what's familiary & go out to find your own sound
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Posted: 05/Jan/2010 at 8:34am
*It's those, invent new products, who follow the road less traveled who create new industries, invent new products, build long-lasting enterprises, and inspire those around them to push their abilities to the highest level of achievement - Howard Schultz, Chairman & CEO, Starbucks
* We judge ourselves by what we feel capable of doing, while others judge us by what we have already done - Henry Wadsworth Longfellow
* If you stop being the scrappy underdog, fighting against the odds, you risk the worst fate of all : mediocrity - Howard Schultz, Chairman & CEO, Starbucks
* The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge & controversy - Matin Luther King
* Sometimes sincerity sells better than business plans - - Howard Schultz, Chairman & CEO, Starbucks
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Posted: 05/Jan/2010 at 9:35am
* Passion alone is no guarantee of remarkable returns
* It appears to me that people who succeed have an incredible drive to do something. They spend the energy to take the gamble. In this world, very few people are willing to take a large gamble
* There is a fine line between self-doubt & self-confidence & its even possible to feel both emotions simultaneously
* The best ideas are those that create a new mind-set or sense a need before others do, and it takes an astute investor to recognize an idea that not only is ahead of its time but also has long-term prospects
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Posted: 06/Jan/2010 at 6:28pm
* Don't underestimate the importance of the early signals you send out in the course of building your enterprise & imprinting your values upon it. When you take on a partner, and when you select employees, be sure to choose people who share your passion & commitment & goals. If you share your missions with like-minded souls, it will have a far greater value
* Many of us face critical moments like that in our lives, when our dreams seem ready to shatter. You can never prepare for each events, but how you react to them is crucial. It is important to remember your values. Be bold, but be fair. Don't give in. If others around you have integrity, too, you can prevail
* When you see the opportunity of a lifetime, move quickly
* If you want to build a great enterprise, you have to have the courage to dream great dreams. If you dream small dreams, you may succeed in building something small. For many people, that is enough. But if you want to achieve widespread impact & lasting value, be bold
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Posted: 06/Jan/2010 at 7:56am
* When companies fail, or fail to grow, its almost always because they don't invest in the people, the systems, and the processes they need. Most people underestimate how money it will take to do that - Howard Schultz, Chairman & CEO, Starbucks
* The best executive is the one who has sense enought to pick good men [&women] to do what he wants done, and self-restraint enought to keep from meddling with them while they do it - Theodore Roosevelt
* Once you have figured out what you want to do, find someone who has done it before. Find not just talented executives but even more experience entrepreneurs & business people who can guide you - Howard Schultz, Chairman & CEO, Starbucks
* The builders of visionary companies..... concentrate primarily on building an organisation-building a ticking clock-rather than on hitting a market just right with a visionary product idea - James C. Collins & Jerry I. Porras, Built to Last
* Admit you don't know what you donot know. When you acknowledge you weaknesses & ask for advice, you will be surprised how much other will help - Howard Schultz, Chairman & CEO, Starbucks
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Posted: 06/Jan/2010 at 9:38am
* Don't be threatened by people smarter than you
* Without romance & vision, a business has no soul, no spirit to motivate its people to achieve something great. But a successful company can't sustain itself on exhilarating ideas alone. Many business visionaries have failed as leaders because they could not execute. Processes and systems, discipline & efficiency are needed to create a foundation before creative ideas can be implemented and entreprenurial vision can be realized
* At some point, you have to divorce yourself from the stock price and just focus on running the business
* I have tried to make decisionss based on what's right for the company, not what's right for the stock price
* Be careful what you wish for. You might get it
- Howard Schultz, Chairman & CEO, Starbucks
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Posted: 07/Jan/2010 at 7:52am
* The number one factor in creating a great, enduring brand is having an appealing product. There is no substitute. In Starbuck's case, our product is a lot more than coffee. Customers choose to come to us for three reasons: our coffee, our people and the experience in our stores Howard Schultz, Chairman & CEO, Starbucks
* The difference between great & average or lousy in any job is, mostly, having the imagination & zeal to re-create yourself of daily - Tom Peters
* The entrepreneur's biggest challenge - REINVENTING YOURSELF
- Being a dreamer is not enough. If you want to achieve something in life, you need a different set of skills to set those dreams a motion
- Once you cross the divide where your dream begins to take shape, you graduate from being a dreamer to being a entrepreneur. The entrepreneurial stage of a young business is probably the most exciting one - Howard Schultz, Chairman & CEO, Starbucks
* No organisational regeneration, no national industrial renaissance can take place without individual acts of courage - Harvey A. Hornstein
* 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 a brand -Howard Schultz, Chairman & CEO, Starbucks
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Posted: 13/Jan/2010 at 7:13pm
* Starbuck's success proves that a multimillion dollar advertising program is not a prerequisite for building national brand - nor or the deep pockets of a big corporation. You can do it one customer at a time, one store at a time, one market at a time. In fact, that may be the best way to inspire loyalty & trust in customers. By word of mouth, with patience & discipline, over a period of years, you can elevate a good local brand to a great national brand - one that remains relevant to individual customers & communities for years - Howard Schultz, Chairman & CEO, Starbucks
* To stay ahead, always have your next idea waiting in the wings - Rosabeth Moss Kanter
* We are not in the coffee business serving people. We're in the people business serving coffee - Howard Schultz, Chairman & CEO, Starbucks
* It is by presence of mind in untried emergencies that the native metal of a man is tested - - James Russell Lowell
* Authentic brands do not emerge from marketing cubicles or advertising agencies. They emanate from everything the company does, from store design & site selection to training, production packaging and merchandise buying. In companies with strong brands, every senior manager has to evaluate each decision by asking "Will it strengthen or dilute the brand" - Howard Schultz, Chairman & CEO, Starbucks
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