... votes. Schultz was also frustrated because of a lack of support for his ideas. In 1985, he left Starbucks to start his own company, Il Giornale. Schultz encountered heavy opposition in acquiring investors. Some stated that the coffee industry had been declining since the 1960s, and others feared that ... up raising $1.65 million from 30 investors. Most of the money came from 9 people, 5 of which were named directors. Schultz opened his first Il Giornale store in April 1986 near the entrance of Seattle's tallest building. The store served 300 customers in its first day, and was serving ove...

• Word Count: 1312
• Approx Pages: 5
• Grade Level: High School

... to explain his ideas to the other three partners. Two out of three refuse to change, he decided to leave and start his own coffee shop. He founded a company call Il Giornale to create the experience that he'd seen in that Milan café. By 1987 he had three locations. It was about this time when Gordon and Bowker decided it ... ...

• Word Count: 1769
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School