Proof that entrepreneurship doesn’t depend on your company size, but on your mindset: Here are the top five company comebacks – each from the jaws of billion dollar failures.
STARBUCKS
In 2008, Starbucks’ over expansion into music, movies and too many loss-making stores led to an exodus of customers as quality fell. 977 stores closed and its stock price plummeted 80% from $40 to $7.83. In the midst of the crisis, founder, Howard Schultz returned as the CEO, saying Starbucks had “forgotten wha...
Published on April 21, 2016 22:11