Costco's new CEO, Ron Vachris, starts his job on Jan 1.
He has worked at Costco for more than four decades, beginning as a forklift driver.
I love this story and admire Costco's approach to employee development.
Jacob
12.1K posts
Jacob
@JacobJaber
Joined February 2011
- Replying to @amjadt25Why are you promoting false information? @azaizamotaz9 captured this, and the truth is actually opposite to how you depicted the story.
- Replying to @aaronjmate and @SenSandersReminds me of that saying that goes something like: it takes decades to earn respect but days to lose it.
- Replying to @greg16676935420Dr Pepper is actually a favorite in Texas over Coke.
- Replying to @lexfridmanIf you have the chance, I recommend talking with the locals in addition to the leaders. You will have a limited view by only talking to leaders who are naturally charismatic and incentivized to shape a certain narrative.
- Replying to @jakeshieldsajjMany people only witness the distressing events unfolding in Gaza, but it's essential to recognize that Palestinians in the West Bank also endure harsh conditions. It's profoundly saddening to witness this.
- When my dad and I started Philz, we didn’t open our second store until nearly 5 years after founding. It takes time to set the foundation. The beauty of brick & mortar is you learn in real time and can iterate in the moment.
- I remember creating the Mint Mojito Iced Coffee at Philz back in 2010-ish. I used to drink it myself daily because I loved it so much but one day decided to share it with some customers. They loved it too and that’s how it ended up on the menu. Takeaway: create something you
- Replying to @HeroDividendThey are actually crushing it because they have been and continue to save people money. They keep margins low because they want to pass that value on to their customer’s. Turns out, doing the right thing, over the long haul gets rewarded.
- The first Philz location used to be a bodega. Here’s a picture of the first coffee station and my dad (Phil) tucked in the corner of the bodega (you can see bottles of Rémy Martin on the right). The first several years of business weren’t pretty, but my dad and I obsessed over
- Replying to @levieI’m not sure if this is amazing or scary. Maybe both 🤣
- If something was easy to build it will be easy to be competed away. It’s actually better to go after hard things because most people are looking for the easy things. The key, is for it to be something you are enthusiastic and curious about so you have sustained energy to build