More business lessons from the coffee and donut guy  SEP 11 2007

A few years ago, I posted an entry about a Manhattan coffee and donut vendor who let his customers make their own change.

When an environment of trust is created, good things start happening. Ralph can serve twice as many customers. People get their coffee in half the time. Due to this time savings, people become regulars. Regulars provide Ralph's business with stability, a good reputation, and with customers who have an interest in making correct change (to keep the line moving and keep Ralph in business). Lots of customers who make correct change increase Ralph's profit margin. Etc. Etc. And what did Ralph have to pay for all this? A bit of change here and there.

I get my occasional donut in another part of town now, but I noticed something similar with my new guy. Last Friday, the woman in front of me didn't order anything but threw down a $20, received a coffee with two sugars a moment after she'd stepped to the window, and no change. As they chatted, I learned that the woman pays for her coffee in advance. The coffee guy asked her if she was sure she owed today. "Yep," she replied, "It's payday today; I get paid, you get paid." Handy little arrangement.

Read more posts on kottke.org about:
business   food   NYC

kottke.org

Front page
About + contact
Site archives

Subscribe

Follow kottke.org on Twitter

Follow kottke.org on Tumblr

Like kottke.org on Facebook

Subscribe to the RSS feed

Advertisement

Ads by The Deck

Support kottke.org shop at Amazon

And more at Amazon.com

Looking for work?

More at We Work Remotely

Kottke @ Quarterly

Subscribe to Quarterly and get a real-life mailing from Jason every three months.

 

Enginehosting

Hosting provided EngineHosting