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#human‑capital

2 concepts2 episodes6 insights

Talent and Labor in the Café Industry

Barista wages, the evolution from simple servers to mixologists, and the operational impact of hot‑kitchen versus central‑kitchen models are explored, highlighting how labor costs shape menu and service design.

3 insights · 6 quotes

Investing in Yourself – The Best Return for Young People

Ray argues that the highest‑yielding investment for a 25‑year‑old is personal development. Whether through a micro‑business, education, or mentorship, spending a modest amount on self‑improvement outperforms most market bets. He encourages listening to podcasts, reading, and practical experimentation.

3 insights · 6 quotes
#human‑capital — MemCast