How Starbuck's Made a Comeback! A Case Study for Entrepreneurs
Subscribe to Valuetainment: bit.ly/2aPEwD4 Starbuck's Case Study for Entrepreneurs- The Biz Doc, Tom Ellsworth dives into case study #1 with a lesson on the importance of replication. This lesson is derived from one of America's favorite coffee shops; Starbucks. Grab your notebook, take notes and join the conversation as Valuetainment brings you a new way of teaching entrepreneurship with these case studies. Please comment and share to help educate entrepreneurs from all over the world.
About Tom Ellsworth: THOMAS N. ELLSWORTH, is an experienced CEO / COO and veteran entrepreneur. He has been disrupting industries and driving consumer shifts through Venture-backed companies in technology, software development, publishing and mobile that have generated exits totaling over $1B. Watch the interview with Patrick Bet-David: • The Man Who Sold 4 Com...
Visit the official Valuetainment Store for gear: www.valuetainmentstore.com/
Connect with Tom: / thomasellsworth
Valuetainment- The Best Channel for Entrepreneurs
Пікірлер: 355
There're three kinds of people in this world. People who make mistakes and keep making them, people who learn from their mistakes, and people who learn from others mistakes. Thanks for giving power to the viewer. Now let's see if they use it.
@VALUETAINMENT
7 жыл бұрын
Amen - power to the viewer! - Tom
@15seconds3
6 жыл бұрын
ZackGoes - The three types of people in the world are the doers, the fakers, and the spectators.
How can anyone dislike FREE fucking knowledge like this, WTF is wrong with people of today???
@alex_s21
7 жыл бұрын
Ngalinda N Pat's competitors haha
@hmm-.-
7 жыл бұрын
People who are losing money because of this, but who cares, they could have done the same thing.
I used to work in a restaurant with a great chef, he always said..."Standards, Standards and Standards, always make sure every customer gets the same standard of service"...exactly like what the Starbucks CEO has done here in large scale. Great teaching Tom, Keep these Case studies coming.
@VALUETAINMENT
7 жыл бұрын
+Dantes Inferno - that's a great comment and it shows the lesson of replication and how it is important even in a restaurant. - Tom
Thank You. I don't know how I got to this channel, but a couple days of watching these videos I got pumped. I got ideas. I got the knowledge. Now I'm ready to roll! Keep it up!
@VALUETAINMENT
7 жыл бұрын
Glad to keep you rolling! - Tom!
I like this kind of content. Valuetainment is a product of their own beliefs - testing, experimenting and optimizing for what works. As an entrepreneur myself, these case studies definitely give us another set of lens to see through. Thanks Pat and Tom!
@VALUETAINMENT
7 жыл бұрын
MDinhh - you are welcome - my simple goal is to leave you better than I found you! Tom
Totally dig the new Friday segment. Interesting to hear the methodology that Starbuck's CEO used for success. A lot of useful information given in this short video. Thank you Valutainment and Tom E. for taking the time to put this together.
@VALUETAINMENT
7 жыл бұрын
You are welcome - glad to do it. See you every Friday! - Tom
Man I loveeee Valuetainment! It is so amazing. The details are so well made and so thoroughly put together. Thanks Pat and his Team.
Duplicate Differentiate Dominate
@VALUETAINMENT
7 жыл бұрын
YES - That's the formula! - Tom
I am Denny, an entrepreneur from Cambodia. I own cosmetic company and jewelry line. I watch your videos everyday and they really teach me a lot. You are my mentor. Thank you, and I appreciate that a lot. Please keep it up with your good work.
When you´re growing it's all about replication (product, experience), if you make it right you'll have momentum and the result: Money - Thanks Tom.
Very interesting message. Keep it basic. Replication of great service.👍
@VALUETAINMENT
7 жыл бұрын
That's it - replicate the experience. - Tom
Wow... Tom Ellsworth is brilliant. People commenting that they only came here for Patrick should know that this guy is extremely valuable and offers advice from decades of experience. Thanks for bringing this guy in VALUETAINMENT!
@VALUETAINMENT
7 жыл бұрын
I am humbled by your kind words! My mission is to add value. - Tom
I'm so glade you're doing case studies here. I'm getting ready for work so I won't be able to each watch this right today. You have become my daily routine as I would watch or rewatch some of your videos just whenever I have free time
@VALUETAINMENT
7 жыл бұрын
Thanks, Terri - the ability to watch anytime is a key part of what makes this kind of learning so exceptional - Tom
Thank you Tom Ellsworth, Patrick Bet-David & #ValuetainmentTeam for always delivering 100 percent, top notch advice.
@VALUETAINMENT
7 жыл бұрын
You are welcome! - Tom
When I become a professor, the assignment would be, watch the valutainment's case study of so and so company. You people are best, Please teach us more and more in your upcoming videos.
This is spot on. Repetition is so key both at the individual level and the company level.
Been looking for this for over a year. Finally !
Worked at Starbucks from 2005-2010. Totally remember when they ditched all the fluff (CDs, extra merchandise) and went back to basics. I remember many baristas struggled with the new training and the hot bar line. He closed tons of locations, and did many upgrades. The gold card made a huge difference too!
This was great, thank you Tom! Also, thanks Pat for bringing The Biz Doc into the channel!
@VALUETAINMENT
7 жыл бұрын
Thanks - glad to be here! - Tom
I am a HUGE Gary Vaynerchuck fan....But gosh this content is so good. As the owner of a growing business. I have absolutely binged on this info. It helped me so. I am currently working on how to systemize my process for my employees, but yet keep grade A customer service.
@Peteristrate
7 жыл бұрын
CJ Lee I love Gary too, but he's nothing compared to Valuetainment. Gary is more about motivational stuff, he's a one man band and kind of started to repeat himself, even if the content is good on marketing. But at Valuetainment, you get actual business advice, how to do things, how to grow your company and how to deal with different problems. It gets technical here. And that's the beauty of it. It's like you're reading a book, you're learning all the time. Gary is for entertainment. I watch Gary on a lunch break, maybe. VT is for actual learning, and is what runs in my headphones for the rest of the day while working on the computer. And that's what makes VT unique and the best KZread channel for business.
@versastyledio
7 жыл бұрын
couldn't agree more with you
@VALUETAINMENT
7 жыл бұрын
CJ - great to hear. (1) Document the system - (2) Keep the training simple by organizing into little parts - (3) Follow-up 2X a week to ensure they "get it." GO FOR IT! - Tom
I learned from this video more than my classes for my MBA this semester ,Thank you Tom cant wait for your next videos
@VALUETAINMENT
7 жыл бұрын
Thank you - New Case Studies every Friday - Tom
Please keep this series going, loved it!!!!
@VALUETAINMENT
7 жыл бұрын
Appreciate the comment! See you every Friday - Tom
Love ur shirt Tom more Biz doc please
Great talk/discussion! Thank you for providing so much value!
Fantastic idea for a video! Please keep doing these Pat, learning how companies started can really help put where I am in business in perspective and can help me make the right decisions to move forward
@VALUETAINMENT
7 жыл бұрын
Thank you for the feedback! "How" companies started is a great topic for a future case study. - Tom
The way VALUETAINMENT is progressing, soon there will be 1 million subs. Great work Tom, especially by Patrick-bet-david selecting such contents which is valuable for all businessmen community throughout all over the globe.
@VALUETAINMENT
7 жыл бұрын
+Muhammad Shamaan Shah Patel - glad to be here and be part of it. - Tom
Love the content, I didn't think that valuetainment could get any better, but you guys do it everyday. Than you very much
@VALUETAINMENT
7 жыл бұрын
Honored to hear those kind words! Thanks! - Tom
Indeed the best channel for entrepreneurship. You and your team is not just better than the rest of the channels but it's also giving competition to Entrepreneurship Universities and Colleges. You being experienced and Into-the-Industry makes you so much better when it comes to imparting knowledge, maybe someday you can open up your own university where only the entrepreneurs can come and share good information. I've been following your content from quite a long time now... Keep up the Good Work Sir. Special Thanks for sharing this :)
@VALUETAINMENT
7 жыл бұрын
Thank YOU - that is high praise to say we compete with colleges and universities in the area of entrepreneurship! - Tom.
Well done Tom!!!!! Loved it. 🥰
PAT, I really like the way you have integrated Tom Ellsworth into Valuetainment Educational Platform. Thank you Mr. Ellsworth, for sharing your wisdom. After watching this episode, I started to reflect on my own responsibility as a CEO of The Basket Is Full, Inc., a food processing plant in Lincoln, NE. After viewing this Friday lesson seven consecutive times back to back, I just sat at my desk and meditated on these four areas that affect our company: Our companies Functioning speed, processing speed and timing speed and expansion speed. Like yourself, I like to study great people and content. “I am application specialist who does not have dreams, just choices I haven’t made yet.” Jonathan Primo Fuego Galicia President and CEO The Basket Is Full, Inc. Home of the Pur Java™ Brand
@VALUETAINMENT
7 жыл бұрын
Jonathan - Thank you for the kind words! Great to hear that it is useful to you - I looked at your website and am impressed by the culture of your company. Great coffee powers many great entrepreneurs! - Tom
Loving the new series! Great job Tom and the whole team!
@VALUETAINMENT
7 жыл бұрын
Thanks! See you every Friday! - Tom
Thanks for the case studies! They're full of great info and real life examples. Keep up the great work!
@VALUETAINMENT
7 жыл бұрын
You are welcome - thank you for watching. See you every Friday! - Tom
thank you so much for this value. I am so happy this is available. :)
I am really happy to be subscribed to this channel! Keep doing your great content!
@VALUETAINMENT
7 жыл бұрын
Will do! See you every Friday with more case studies! - Tom
Absolutely LOVE the new Case Studies you have ever since you have recruited Tom!
@VALUETAINMENT
7 жыл бұрын
+Anuroop Kumar thank you very much - Tom
Great video! After the "life of an entrepreneur in 90 seconds" video, I think this is your best of all time!
@VALUETAINMENT
7 жыл бұрын
WOW - that's big praise! Thank you - Tom
Thanks Valuetainment.
I was really anticipating the case study Friday... I was intrigued by the case study Pat did on twitter...
I appreciate this video. The CEO had a sense of urgency to rebirth the customer experience. That brave decision to close all Starbucks for training was a great move. That showed how important a CEO can be for a company.
@VALUETAINMENT
7 жыл бұрын
+Reggie Menard - absolutely correct, a great CEO with the proper instincts and a good team around him is all the difference. - Tom
Found this important channel today 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉This is valuable 🏆
Keep making those informative videos, i learned a lot. Good job👍🏼😄
This is like the summary of Starbucks CEO second book I have listened to the audio more than 4 times . Its a success story
@VALUETAINMENT
7 жыл бұрын
+Adebeshin Lawal - I didn't read that book but I read many investor reports. Either way it was a success story. Today though their quality is slipping again. - Tom
@Beshladilawal
7 жыл бұрын
VALUETAINMENT its titled Pour Your Heart into It..... if the standard is falling , don't you think , the founder has not really sold the ideal enough or or the ideal is too good to be perpetuated ?
Tom Awesome you are and things you Share to help People like Me
Great video Mr E. Always appreciate Valuetainment content and look forward to many more. 👍
@VALUETAINMENT
7 жыл бұрын
Thanks for watching, Graeme! We won't let you down! - Tom
Great video keep them coming
Thank you for taking the time educate us.
@VALUETAINMENT
7 жыл бұрын
Thank YOU for watching! - Tom
this was great, thanks!
OMG NEVER SAW THIS ONE !!! GREAT JOB!
Wow. Bang on target! Only question In my mind is - How can videos like this be free of cost? God bless KZread (Can't deny it's getting full of irrelevant ads).
This video is so helpful! Thanks 😃
I love this series of CASE STUDY
@VALUETAINMENT
7 жыл бұрын
+Scott Mckenzie thank you. - Tom
this is so valuable, thank you
Keep them coming this is real world help
@VALUETAINMENT
7 жыл бұрын
You bet - more to come every Friday! - Tom
Thank you Tom ..it was worth watching this.
@VALUETAINMENT
7 жыл бұрын
+Shobhit Laad - thank you for taking the time to make a nice comment. - Tom
I'm 4th year student and you got it right here my subscription. Thank you
I love this, learn so much through Valuetainment and other education providers. Thank you!
@VALUETAINMENT
7 жыл бұрын
More to come! - Tom
I also have learn how to do case studies better from you my friend. You are an awesome man to do the best of Case Studies. Love it! All your contents very clear.
I like this guy.
@VALUETAINMENT
7 жыл бұрын
Thank YOU for watching! - Tom
Thanks Tom!
Hey VALUETAINMENT!! Patrick-Bet David, is this video a part of the BIG stuff you have been working on....NICE!!
@VALUETAINMENT
7 жыл бұрын
+BestyouPRO no but I feel Tom's teaching will bring a ton of value to entrepreneurs around the world on VT.
@bestyouprointernational
7 жыл бұрын
***** Oh Alright. Completely agree with you about TOM. It is nice to get to hear from your Mentors and see his skills. Thanks for uploading. This was a brilliant idea. Looking out for the "TOP SECRET PROJECT"
@bestyouprointernational
7 жыл бұрын
Indeed you did!! Thanks again #VALUETAINMENT2
I love your channel!!!
Thanks for the awesome video to start the day!
@VALUETAINMENT
7 жыл бұрын
You are welcome - thanks for watching - Tom
Thank you Tom for expanding the advice on Valuetainment
@VALUETAINMENT
7 жыл бұрын
You are welcome - see you every Friday! - Tom
the world needs more of your content :)
Thanks Tom :) ,, im doing a study case about starbucks and thats helped me alot
Replication is the key to a big business. Be sure to keep to your roots. Sometimes you need to take a step back to take a step forward.
Great observation and advice..
Great addition to the team of Valuetainment. Lots of value. Keep the good work guys.
@VALUETAINMENT
7 жыл бұрын
+Elizabeth Perez - Olivieri He is. We've excited to introduce a few other talented entrepreneurs soon.
@31betperez
7 жыл бұрын
+VALUETAINMENT you are on top of it and that's great. I'll continue following. I know I'll learn a lot. Thank you for your contribution to entrepreneurs and society in general.
As expected awesome content and as Pat said the way of teaching is phenomenal. Love it!!!
@VALUETAINMENT
7 жыл бұрын
I deeply appreciate your very kind words. - Tom
Hi Pat & Tom, You guys are doing a great job. I really like all your videos from your Channel. The case studies are fantastic. One small request to you, if possible could you please add more case studies on failed companies like Blockbuster etc., Because We can learn many things from failures rather than success. Thanks...Thumbs up :)
Great!! thanks!
Such a great video
Great video as always!
@VALUETAINMENT
7 жыл бұрын
Thank you sir! - Tom
Best Channel on Entrepreneurship. Subscribed. Shot out from Mozambique
@VALUETAINMENT
7 жыл бұрын
Big shout back to Mozambique "GO FOR IT!" Thank you for the kind words - Tom
Great content! I am better after watching this.
Thank you so much for this amazing content !Great value addition! Well..(hope this doen't seem like any effrontery).........., love as impressed as everyone is by your video (tacit), chai is pronouned like the ch phonetic in 'cheers'! Cheers!
As a Colombian person, I don't drink Starbucks coffee, I prefer Juan Valdes (to support the national industry and all these things) , but I feel that they do a terrific job in many things, I just visited ones a Starbucks place and is beautiful, and that experience is so great to a customer that any business must reply. Thanks for the video!
@VALUETAINMENT
7 жыл бұрын
Thanks - you can learn from other businesses even if they are competitors. Glad this was helpful. - Tom
Thank you for the new content !! 👊😊
@VALUETAINMENT
7 жыл бұрын
You are very welcome - see you next Friday! - Tom
I just love this case studies :) Great work Tom
@VALUETAINMENT
7 жыл бұрын
+Vid Perpar - Thanks! -Tom
Tom, you are amazing presenting this case study. Please, do more.
@VALUETAINMENT
7 жыл бұрын
+Lucas Ferreira he will. Every Friday. Stay tuned.
i love it. this was a right on time message because in the next few months i am going to open up a coffee shop so this helped tremendously. I appreciate the time you taken out of your day to help patrick out. That was explained so simple even a child could understand these principles
@VALUETAINMENT
7 жыл бұрын
jeanine davis - Good luck with your coffee shop idea. Where will it be? If we are in your city, we would love to drop in sometime. - Tom
@lifestylewithjeanine3706
7 жыл бұрын
in Seneca SC. would love to have you and the whole php agency crew stop by. 😊
Great video and great lesson
@VALUETAINMENT
7 жыл бұрын
Thanks - more to come every Friday - Tom
Nice thanks its help me alot.. thanks again
@VALUETAINMENT
7 жыл бұрын
Thanks! - Tom
this episodes are a great idea.
@VALUETAINMENT
7 жыл бұрын
See you every Friday! - Tom
Great information, thanks Tom!
@VALUETAINMENT
7 жыл бұрын
Thanks, Natasha! - Tom
You are a fantastic speaker
First of all, your shirt is awesome! Tom, thanks for the useful casestudy! Subscribed:)
Tom crushed it! If I'm not mistaken, Howard Schultz went to all of the locations one by one. go figure. It shows us that if you want to dominate the market, you have to be willing to do what the competition isn't willing to do. Keep these case studies coming!
@VALUETAINMENT
7 жыл бұрын
Polished Hustle - You got it!!! Tom
Excellent!!🙌🏼
This case study is great, thanks Tom
@VALUETAINMENT
7 жыл бұрын
+Maurits Thank you - I will have a new one every Friday for you. - Tom
I freakin love Tom's case studies. Golden nuggets in each!
@VALUETAINMENT
7 жыл бұрын
+Mongo Vang - Thank you!!
Great info. Tom did a wonderful job. Thanks for sharing. I love this channel.
@VALUETAINMENT
7 жыл бұрын
Appreciate the props! - Tom
Whoa, great new series. I like where you are taking this, please keep it up.
@VALUETAINMENT
7 жыл бұрын
Indeed - see you every Friday. - Tom
Damn your channel is getting big
Thank you guys, this is seriously awesome..
@VALUETAINMENT
7 жыл бұрын
Thanks! Appreciate the kind words - Tom
Love it man
Very insightful, seeing the basics of Starbucks written in its raw form really lets you easily compare it to your own experiences. Thanks for the video
@VALUETAINMENT
7 жыл бұрын
Combat Goose - You are welcome, and that's what I'm trying to do - give you a glimpse into a company that you know make something very easy to understand - Tom
You absolutely did leave me better than you found me. Loved the video, great content.
@VALUETAINMENT
7 жыл бұрын
Thank you very much for the kind word. Mission accomplished! And... this only the first of many to come! Tom
Love him! Great job!