Category Archives: Business Owners

The History of Starbucks

Starbucks was started by Jerry Baldwin, Zev Siegl, and Gordon Bowker. The company opened its doors on March 30, 1971. The three got the idea to sell high quality roasted beans and equipment from Alfred Peet after he showed them how he roasted his beans. Starbucks would eventually buy Peet’s from Alfred. The founders ended up selling the company to a former employee Howard Schlutz, he took the company and ran with it and turned Starbucks into what it is today. When Starbucks first started the market for premium coffee was only 3% after a few years it increased to 10%. Starbucks capitalized on a premium coffee trend before other coffee houses had any clue what was happening. Read about the history of Starbucks. Click the link.

The History of Red Bull

So Red Bull got it starts pretty funny, one of the founders of red bull took a drink of a energy can┬áthat was being sold in Thailand and it instantly cured his jet lag. He said what does this stuff have in it? Then later on he and the guy that made the drink,( Dietrich Mateschitz and Chaleo Yoovidhya) took 500,000 and started the company in 1984. The product wasn’t launched in Austria until 1987. Red Billion, I mean Red Bull made both men billionaires. They still have the headquarters in a small village in Austria under heavy guard. Well you can read more about the History of Austria here. Click the link.

The History of Ikea

Ingvar Kamprad opened Ikea when he was 17 years old. It was a mail order company at first where people would pay to have items sent to them….I’m sure it began as a Mom and Pop operation. Then five years after doing mail-order they got into..you guessed it. Furniture. Read about the history of ikea here. Ikea history. Click the link.