Updates

  1. Person pages list letters, writing, profiles and links as sortable tables with filters, and show each person's companies as links; Fund letters show each letter's description in its own column.
  2. Experts show a checked job title and a short description of each person; 30 more people have photographs.
  3. Every company, fund, university and publication the experts work for has a page listing the people there.
  4. Fund letters show each letter's thesis and filter by it; 225 person pages list the essays, columns and newsletter issues the person wrote.
  5. Person pages list every essay and newsletter issue a person wrote, and their own books as a table in List view.
  6. Recommends shows the five largest kinds of book and the rest under More; browse pictures load sooner.
  7. Podcasts and talks link the original episode, filter by Audio and video or Press, and list each publisher once.
  8. Pages are wider, Recommends has List and Grid, and a filter clicked again turns off.
  9. Book cards sit in a ruled grid with Open Library and Goodreads links and each book's one-line note.
  10. Funds is now Investors; each investor's styles are buttons that filter the table.
  11. Podcasts and talks on a person's page filter by year and publisher and show as a list or a grid of pictures.
  12. Quotes show only people's own words: 472 summaries written by list sites are gone.
  13. Country pages open from Browse again, and every link on the shelf lands on a page.
  14. Subject and person pages show their sections as tabs, and each book appears once on a person's page.
  15. Book cards show the quote, who said it and the source; grids show five cards to a row.
  16. On a phone, a menu holds the sections, search, Updates, Feedback and dark mode.
  17. Feedback takes a screenshot of the page with no browser prompt, opens a screenshot full size when you click it, and clears itself once sent.
  18. Book cards are centred, search names the topic each book sits in, and any text cut short shows whole on hover.
  19. Search groups its results by kind: people, companies, geographies, subjects, topics, books, funds, fund letters and papers.
  20. The Books table lists who recommended each book by name, and the browser tab names the section you are in.
  21. Feedback can take a screenshot of the page, or one you paste or choose, and opens in the corner beside Updates.
  22. Each rail button reopens its section where you left it, and Browse, Table and People show on every book and subject page.
  23. Filters grey out choices that hold nothing instead of hiding them, and Books › People filters by authors or recommenders.
  24. Feedback takes a subject line and up to three screenshots.
  25. Biographies are grouped by the person they are about: 41 new pages, from Abraham Lincoln to Lee Kuan Yew.
  26. Sport splits into 23 sports, and Religion into one topic per faith.
  27. Book lists show as cards: the cover, one recommendation quote and every recommender by name.
  28. Seventeen subjects that had two or three pages under different names now have one page each.
  29. Every page lists its Experts as authors and recommenders, with a link to them on the Experts tab.
  30. Economics, Financial history, Financial panics and Accounting are subjects of their own, with one page per financial crisis.
  31. Book, person and subject pages open inside the app, so the tabs stay in view.
  32. 996 more book covers, and photographs or logos for 227 more people and companies.
  33. Books › Browse shows every subject as cards, and the rail holds Fund letters, Papers, Experts, Books and Funds.
  34. Every topic over 150 books splits into narrower topics, each with a page of its own.

Send feedback

What is it?
Screenshots, up to 3 (optional)
or paste one with Ctrl+V

We use your email only to reply to you.

Pour Your Heart Into It

Pour Your Heart Into It

Howard Schultz, Dori Jones Yang
1997
T3 351 pages · about 5h 51m to read Open Librarygoodreads

Insider account: Schultz on building the company to 1997.

Summary

Schultz tells Starbucks' story from the Seattle coffee bean retailer he joined in 1982 through his trip to Milan that produced the espresso bar idea, his departure to found Il Giornale, his purchase of Starbucks in 1987, and the expansion through the 1990s to about 1,300 stores.

The operating decisions he defends are the interesting content. He extended health insurance to part-time employees working twenty hours a week, which was unusual and expensive, on the argument that it reduced turnover enough to pay for itself in training costs and store consistency. He created Bean Stock, giving equity to all employees including part-time baristas, before the company was public. He insisted on company-owned stores rather than franchising in order to control the experience, which slowed expansion and required far more capital. He refused to use artificial flavourings in the coffee for years, and he resisted product extensions he thought would damage the brand.

The framing throughout is that these were commercial decisions rather than benevolence, and Schultz argues that the employee experience directly determines the customer experience in a service business where the transaction lasts three minutes.

The book is a founder's account written at a high point and is promotional in tone. It predates the over-expansion of the 2000s, Schultz's return in 2008 and the closure of hundreds of stores, and the subsequent unionisation campaigns which complicate the labour narrative substantially. The early operating decisions and their reasoning remain the useful part.

Key takeaways 7

  1. Extending health insurance to part-time employees reduced turnover enough to pay for itself in avoided training and improved store consistency.
  2. Giving equity to all employees before the company was public was intended to convert hourly staff into people who behaved as owners.
  3. Company-owned stores rather than franchises were necessary to control the customer experience, and the decision required far more capital and slowed growth.
  4. In a service business where the transaction lasts three minutes, the employee's state determines the customer's experience entirely.
  5. Starbucks sold a place to be rather than coffee, and store design, seating and atmosphere were the product.
  6. Refusing profitable product extensions that would damage the brand is a decision that must be made repeatedly and gets harder as the company grows.
  7. Building an aspirational brand in a commodity category required creating a vocabulary and a ritual that customers would adopt as their own.

Who should read it

Founders in retail and service businesses who want the reasoning behind labour, ownership and experience decisions from the operator who made them.

About Howard Schultz

Former chief executive and chairman of Starbucks, which he grew from a small Seattle retailer into a global chain.

Pour Your Heart Into It and From the Ground Up describe how a service format was standardised across thousands of locations while the company paid for health coverage and equity for hourly staff, and what that cost. Onward records the 2008 turnaround - closing stores, retraining baristas, cutting a growth plan the founder had approved - and is the more useful account for anyone operating under pressure.

Starbucks

Who recommended it 1 · 1 direct

Similar books 6

Chosen by shared topics, the entries that hold them, and the people who recommended both.

Howard Schultz, Joanne Gordon · 2011

Insider account: Schultz's 2008 return and the store closures.

Recommended by: Ron Conway, Tom Bilyeu

Howard Schultz, Joanne Gordon · 2019

Insider account: later memoir on social responsibility and politics.

Recommended by: Bill Gates

Ray Kroc, Robert Anderson · 1977

A milkshake-machine salesman finds the McDonald brothers and builds the franchise.

Recommended by: Mohnish Pabrai

Michael Dell, Catherine Fredman · 1999

Insider account of build-to-order, negative working capital and cutting the channel.

Recommended by: Mohnish Pabrai, Andrew Grove

Sam Walton, John Huey · 1992

How Walmart grew from one Arkansas store by cutting costs and prices.

Phil Knight · 2016

How a running-shoe importer became Nike, surviving one cash crisis after another.

“…books I've recommended, highlighted to death, or forced on friends.” — Andrew Wilkinson

Source: Andrew Wilkinson's Bookshelf, neverenough.com

Recommended by: Andrew Wilkinson, Bill Gates, Mohnish Pabrai and 25 others

Where it sits in the reference 4

Executives
Companies
Industries
Biographies

Topics

Biography and MemoirCompany HistoriesEntrepreneurship and StartupsFounders and EntrepreneursFounder Memoirs