Starbucks is really a bank and why can’t companies just keep doing what they’re good at?--plus warm up

Al & Jerry's Postgame Podcast

Audacy

Sports

4.7 • 752 Ratings

🗓️ 13 May 2024

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

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Summary

Starbucks is really a bank and why can’t companies just keep doing what they’re good at?--plus warm up

Transcript

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0:00.0	Hey, where we go on the, what is this? This is the podcast.
0:03.4	Three, two, one podcast. What's up, Al?
0:05.3	Oh, hi there, Jerry. Sloppy start.
0:07.5	I read a very interesting article that I would like to bring to you today, Jerry.
0:12.2	If you tell me this is from Sport Magazine, I'm going to faint with all the sports stuff you
0:16.6	talked to me about this morning.
0:17.7	It is not sports at all. But it's about business, which we like to discuss.
0:22.2	Yeah, very much so.
0:23.1	I like to give a credit where credit is due.
0:24.9	I first saw this on Twitter, Darren Rovel, tweeted it.
0:28.9	Okay.
0:29.4	But the person who originally posted it and wrote the article is a man named Trung Fan.
0:35.2	Trung Fan.
0:36.0	Trung Fan.
0:36.9	I hope I'm pronouncing that.
0:38.2	He did a great sort of deep dive into Starbucks.
0:42.4	Okay.
0:43.0	And what it was and what it has become and what their main goal seems to be.
0:51.7	And it was interesting in that he talked about how Starbucks, when Starbucks first came out, they wanted to be. And it was interesting in that he talked about how Starbucks, when Starbucks first came out,
0:57.0	they wanted to be your third place to go.
1:00.4	Work home Starbucks.
1:02.9	This is where they wanted to be the third place where you hang out.
	...

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