Delivering the Goods: An Interview with Best Buy and EIX Founder Dick Schulze

Delivering the Goods: An Interview with Best Buy and EIX Founder Dick Schulze

Dick Schulze, the founder of Best Buy and EIX, shares his experiences as an entrepreneur and innovator, including how he tripled his income from his boyhood paper route; quit a retail job when his ideas were not valued; started one consumer electronics store, Sound of Music; then transformed that into Best Buy, the largest consumer electronics store chain in the world.

His lessons of finding opportunities in the ruins of dashed plans -- in Schulze's case, a tornado that destroyed Sound of Music but gave birth to the idea for Best Buy -- still resonate today in a new era of uncertainty.  


James C Wetherbe
James C Wetherbe
Richard Schulze Distinguished Professor / Rawls College of Business / Texas Tech University
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Cite this Article
DOI: 10.17919/X9RP4Q
Wetherbe, James C. "Delivering the Goods: An Interview with Best Buy and EIX Founder Dick Schulze." FamilyBusiness.org. 29 Apr. 2014. Web 19 Mar. 2024 <https://eiexchange.com/content/6-delivering-the-goods-an-interview-with-best-buy>.
Wetherbe, J. (2014, April 29). EIX interview: Dick Schulze, founder of Best Buy. FamilyBusiness.org. Retrieved March 19, 2024, from https://eiexchange.com/content/6-delivering-the-goods-an-interview-with-best-buy