402 : Innovating a Generous Wage Structure w/ Mike Schroeder of Oddly Correct

Chris DeferioPodcast

In the hospitality industry, a guiding ethos that drives many successful coffee bars, restaurant, and bars alike, is the concept of generosity. When we operate with a heart to give and serve, we innovate ways to make that ethos a reality. Unfortunately there are many cafes that operate with the idea that they should only pay what they can get away with and have a less than generous disposition that leads to all sorts of problems. 

That fact that this later disposition is so common is one of the reasons today’s guest started down the road to innovate a way to create a  generaous payment system that both challeneges the status quo and cares for the needs of the coffee shop’s staff. 

Today we are talking with Mike Schroeder of Oddly Correct in Kansas City, MO. 

Mike Schroeder is a drummer turned aerospace engineer turned drummer turned co ffee roaster turned problem solver and business owner. Mike is brothers-in-law with Oddly’s founder Gregory Kolsto and Oddly’s first employee (in 2011) and is now being trusted to steer the ship.

In this conversation we dive into the story and values of Oddly Correct and how they flipped the script on the traditional way wages are viewed and can today provide their staff with a consistent living wage. 

We cover:

  • Beginning oddly
  • Crafting the values
  • Making decisions
  • Expanding mindfully
  • The why behind projects and initiatives
  • Valuing your team
  • Guaranteeing a living wage
  • Pushback from the industry
  • Rolling it our and seeing the impact
  • Continual improvement
  • Advice for how to apply this structure

Links: 

http://www.oddlycorrect.com 

Boss Barista interview w/Mike 

 

Related episodes:

 

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