Good results is not an entitlement. It has to be earned and earned each individual working day via the lens of humility.
Interpretation
Success requires consistent effort and humility, rather than being a given.
This quote emphasizes that achieving good results is not something one can take for granted; it must be actively earned through hard work and a humble attitude. Howard Schultz suggests that each day presents an opportunity to strive for excellence, reinforcing the idea that diligence and modesty are key components of success.
In practice
During a motivational speech to employees, one could use this quote to emphasize the importance of hard work.
The rules of engagement around building a brand have changed significantly over the past 10 to 15 years. Where companies at one time could spread their message through traditional marketing, consumers now seek an enduring emotional connection with the companies they patronize. The foundation of that connection is the most important characteristic of building a world-class brand: trust. Trust with your people and trust with your customers.
The future of America is not an entitlement. We have been given a treasure chest of gifts and opportunities, but some people are being left behind, and success is not sustainable unless it is shared.
Starbucks is not an advertiser; people think we are a great marketing company, but in fact we spend very little money on marketing and more money on training our people than advertising.
While their service is ending, our responsibility is just beginning!
In life, you can blame a lot of people and you can wallow in self-pity or you can pick yourself up and say listen, I have to be responsible for myself.
When I first discovered in the early 1980s the Italian espresso bars in my trip to Italy, the vision was to re-create that for America - a third place that had not existed before. Starbucks re-created that in America in our own image; a place to go other than home or work. We also created an industry that did not exist: specialty coffee.
When you talk about black entrepreneurship, you're talking about addressing the foundation of what's going on with our people when we don't have any financial power. Our basic needs aren't being met in a lot of cases, so there's no way we're going to be able to tap into our potential until we address those bottom-level base needs.
I was lucky. I grew up knowing that hard work and smart work has a greater impact on results than being passionate about something.
If 90% of success in life is showing up, the other 10% depends on what you're showing up for.
I'm never content with what I do. I live in a sort of permanent dissatisfaction. I think that's the secret to doing things well.
If I have positions going against me, I get right out; if they are going for me, I keep them Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in.
A startup, to a some degree, is a set of those challenges of, 'If you don't solve this, you're dead.'
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