Monday, March 9, 2020

Howard Schultz and Karl Eller essays

Howard Schultz and Karl Eller essays Howard Schultz and Karl Eller can both be considered great entrepreneurs. Both were extreme risk takes, moving ahead at fast paces without concern that their ideas may backfire. Both began their professional careers as salesmen, and were able to go past that level into executive positions at each of their corporations by taking risks and learning from their own mistakes as well as the successes and failures of others around him. Howard Schultz began his entrepreneurial career at a very young age by finding new and innovative ways to do things and always on the lookout for new possibilities. Because of his exposure to specialty coffee and the experience in Italy, he was able to envision an idea that swept across America and has become a household tradition. Schultz saw his opportunity and was able to take two different ways of doing things and mold them into one unique coffee experience for everyone to enjoy. Karl Eller began as a salesman as well, and within 5 years, became head of his branch office for the company he worked for. Due to his hard work, diligence and perseverance, Eller never managed to see an opportunity and let it pass by. As his experience as a billboard salesman had increased, so had his quest for new opportunities. When he bought what is now known as Eller Media, it was the largest company in the industry with over 50,000 billboards and Karl Eller has made the idea into an actuality because of his risk averseness and ability to spot opportunities and act on them as he sees them. Both of these men are known today as worthy of the entrepreneurs hall of fame. Because of their willingness to take risks and act on opportunities as they presented themselves, Schultz and Eller became household names, not only in their industry, but throughout the business world. Making money may be part of the satisfaction they get, but the true entrepreneur is able to be motivated simply with the urge t ...