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Neville's Financial Blog

Tracking the road to financial success from the age of 22.

Pete Coors of Coors Brewing Company

Posted on 11/01/2006 00:00 AM | Link | Post Comment
The University of Texas brought Peter Coors to speak last week and I got a chance to attend. He is the current chairman of Coors Brewing Company. 20 minutes before the speech I Googled everything I could about Mr. Coors, and not to be mean, but he wasn't my type of person.

The business people I most admire are the ones who start with very little and turn it into something great. Pete Coors is a 3rd or 4th generation family member who was handed his company. Of course there is a great amount of work in building upon a family business, but it's not something I am familiar with or have much interest in. However I would have loved to meet his great, great, great grandfather Adolph Coors who started the whole thing from nothing.

I enjoy hearing inspirational stories of how people took nothing and turned into something despite great odds. However the focus of this talk was how the family runs and passes on the business. Not a bad speech, just not my cup of tea....althought it was rather dry.

After the speech, I didn't particularly want a picture with him, unless I could hold up the Coors beer can I brought to the speech. This wasn’t nearly bad as the Wild Turkey Whiskey and cigarettes picture with Herb Kelleher!

However I was told by lots of people who had met him before that he wouldn't do it. Naturally I didn't listen to them and tried anyways....but I was flat out denied to take the picture with the beer can. I found this funny that I couldn't take a picture with his own product.

It was a "decent"speech, and a little different...to hear about such an OLD company that is still run by the same family. I didn't really pick up any useful information to share other than some small company facts which can be easily found on the company website.

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