Get Tuesday! - September 17, 2024
Football, football, football.
I just spent less than 24 hours in Minneapolis on Sunday to watch my Vikings beat the SF 49ers in an upset. It was my first time at US Bank Stadium, and it did not disappoint.
Now, this weekend: I’m excited to welcome my fellow Trojans up in Ann Arbor. It’s our Big Ten opener. Trojans v Wolverines in The Big House! I love it!
Netflix Culture
It’s always worth revisiting Netflix’s innovative culture. THey even have a page on their website dedicated to it.
Netflix's corporate culture is built on the goal of entertaining global audiences by fostering excellence and creating an environment where talented individuals can thrive. Their approach is centered around four core principles:
assembling a "Dream Team" of high performers who excel both individually and collaboratively
prioritizing people over rigid processes by empowering employees with information and decision-making freedom
embracing bold ambition and the excitement of innovation, even when it feels uncomfortable
constantly striving for improvement
This unique culture aims to elevate not only the company and its employees but also its worldwide audience.
97 yards to glory
Sam Darnold to Justin Jefferson. This was insane!!!!!
We're really about to put an active player in Canton.@JJettas2
— Minnesota Vikings (@Vikings) September 15, 2024
📺: @NFLonCBs pic.twitter.com/cephalTst9
The bulk-buying behemoth
Welcome to Costco, the magical land where you can buy a hot dog and soda for $1.50, snag a 3-pound "cluck for your buck" rotisserie chicken for $4.99, and casually toss a 24-karat gold bar into your oversized cart.
It's the retail wonderland where you walk in for milk and walk out with a kayak, a year's supply of toilet paper, and a ghillie suit (because why not?).
But beyond the bulk-buying madness and impulse purchases of apocalypse food buckets, Costco's real secret sauce isn't in their Kirkland Signature products - it's in their people. While other retailers play musical chairs with their staff, Costco's keeping it in the family with a shockingly low 8% turnover rate. They're serving up more than just free samples; we're talking above-average wages, Sunday pay that'll make you volunteer for weekend shifts, and a promote-from-within culture that turns forklift drivers into CEOs.
It's a people-first approach that's got members renewing faster than you can say "free samples," proving that in the world of retail, treating people right isn't just nice - it's downright profitable.
Who knew that happy employees drawing smiley faces on receipts could lead to a 93% membership renewal rate and profits that would make other retailers weep into their clearance bins?
Loved this write-up.
New favorite podcast
I've got to share my latest obsession with you all. If you're anything like me and love diving deep into the world of business strategy and company histories, you need to check out the Acquired podcast. I recently binged their episodes on Starbucks and Costco, and let me tell you, I'm hooked!
What sets Acquired apart is how they blend thorough research with captivating storytelling. Ben and David, the hosts, don't just give you the highlights - they take you on a journey through each company's evolution, from scrappy start-up to industry titan. You'll learn about the key decisions, pivotal moments, and visionary leaders that shaped these businesses into what they are today.
Ben and David have this great chemistry that makes complex business concepts feel accessible and, dare I say, fun! Whether you're a seasoned entrepreneur or just someone curious about how big businesses tick, you'll walk away from each episode feeling like you've gained insider knowledge.
It feels like getting a mini-MBA with each listen, minus the student loans and all-nighters.
So if you're looking to level up your business acumen or just want some seriously engaging content for your commute, give Acquired a shot. Your brain (and your inner business nerd) will thank you!
