Dec 10, 2020 · 24m · how-i-built-this

How I Built Resilience: Emily Powell of Powell's Books

Emily Powell · 15m spoken Guy Raz · 6m spoken
0:00 / 0:00

gold bands on the timeline = statements, start to end. Hover to read, click to jump. CC turns on captions

In this resilience-focused episode of NPR's How I Built This, host Guy Raz interviews Emily Powell, president of Powell's Books, about guiding Portland's iconic independent bookstore through the COVID-19 pandemic. Powell details how the business navigated emergency closures, severed ties with Amazon, and embraced empathetic leadership to preserve its multi-generational legacy and community mission.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. Guy holds 30.8% of the talking time here. How this is scored →

Guy as informed peer 2.3 Guest teaching 2.0 Guest disagreement 0.4 Guy pushing back 0.0
05100:0010:0020:001:15–4:27 · Guy as informed peer 2/10 Portland's Urban Planning and Community Connection Guy prompts Emily using her past comments regarding Portland's unique environment. Emily provides detailed context on urban planning, pedestrian foot-traffic requirements, and the early timeline of the COVID-19 shutdown.4:27–8:33 · Guy as informed peer 3/10 E-Commerce Pivot and Difficult Downsizing Guy probes into operational specifics, store counts, and revenue shares between brick-and-mortar and e-commerce. Emily clarifies their physical footprint downscaling and explains how revenue dropped 75 to 80 percent.8:33–11:24 · Guy as informed peer 2/10 Scrappy Survival, PPP Funding, and the Loss of In-Store Community Guy asks about transitioning communal store events online. Emily candidly explains the reality of razor-thin indie margins, the lifeline of PPP loans, and the difficulty of replicating in-person serendipity in a saturated digital landscape.11:24–13:37 · Guy as informed peer 3/10 Severing Ties with the Amazon Marketplace Guy references Emily's analogy comparing Amazon to quitting smoking. Emily explains why cutting ties during a downturn seemed counterintuitive financially but was strategically and culturally vital.13:40–17:41 · Guy as informed peer 3/10 The Hidden Costs of Independent Book Selling vs. Big Retail Guy asks whether consumers are intentionally favoring independent businesses over conglomerates. Emily educates listeners on publisher discount tiers, overhead costs, employee benefits, and community reinvestment differences.17:42–21:56 · Guy as informed peer 2/10 Audience Q&A: Curation, Media Consumption, and Keeping Powell's Local Guy passes along audience questions regarding media habits and geographical expansion. Emily gently reframes the question about declining print readership into fundamental human curiosity and explains why geographic expansion outside Portland violates their business ethos.21:56–23:46 · Guy as informed peer 1/10 Enduring Takeaways and Personal Reading Picks Guy closes with reflective questions on management lessons and book recommendations. Emily shares insights on workplace emotional intelligence and her current reading stack.1:15–4:27 · Guest teaching 2/10 Portland's Urban Planning and Community Connection Guy prompts Emily using her past comments regarding Portland's unique environment. Emily provides detailed context on urban planning, pedestrian foot-traffic requirements, and the early timeline of the COVID-19 shutdown.4:27–8:33 · Guest teaching 2/10 E-Commerce Pivot and Difficult Downsizing Guy probes into operational specifics, store counts, and revenue shares between brick-and-mortar and e-commerce. Emily clarifies their physical footprint downscaling and explains how revenue dropped 75 to 80 percent.8:33–11:24 · Guest teaching 2/10 Scrappy Survival, PPP Funding, and the Loss of In-Store Community Guy asks about transitioning communal store events online. Emily candidly explains the reality of razor-thin indie margins, the lifeline of PPP loans, and the difficulty of replicating in-person serendipity in a saturated digital landscape.11:24–13:37 · Guest teaching 2/10 Severing Ties with the Amazon Marketplace Guy references Emily's analogy comparing Amazon to quitting smoking. Emily explains why cutting ties during a downturn seemed counterintuitive financially but was strategically and culturally vital.13:40–17:41 · Guest teaching 3/10 The Hidden Costs of Independent Book Selling vs. Big Retail Guy asks whether consumers are intentionally favoring independent businesses over conglomerates. Emily educates listeners on publisher discount tiers, overhead costs, employee benefits, and community reinvestment differences.17:42–21:56 · Guest teaching 3/10 Audience Q&A: Curation, Media Consumption, and Keeping Powell's Local Guy passes along audience questions regarding media habits and geographical expansion. Emily gently reframes the question about declining print readership into fundamental human curiosity and explains why geographic expansion outside Portland violates their business ethos.21:56–23:46 · Guest teaching 0/10 Enduring Takeaways and Personal Reading Picks Guy closes with reflective questions on management lessons and book recommendations. Emily shares insights on workplace emotional intelligence and her current reading stack.1:15–4:27 · Guest disagreement 0/10 Portland's Urban Planning and Community Connection Guy prompts Emily using her past comments regarding Portland's unique environment. Emily provides detailed context on urban planning, pedestrian foot-traffic requirements, and the early timeline of the COVID-19 shutdown.4:27–8:33 · Guest disagreement 0/10 E-Commerce Pivot and Difficult Downsizing Guy probes into operational specifics, store counts, and revenue shares between brick-and-mortar and e-commerce. Emily clarifies their physical footprint downscaling and explains how revenue dropped 75 to 80 percent.8:33–11:24 · Guest disagreement 0/10 Scrappy Survival, PPP Funding, and the Loss of In-Store Community Guy asks about transitioning communal store events online. Emily candidly explains the reality of razor-thin indie margins, the lifeline of PPP loans, and the difficulty of replicating in-person serendipity in a saturated digital landscape.11:24–13:37 · Guest disagreement 1/10 Severing Ties with the Amazon Marketplace Guy references Emily's analogy comparing Amazon to quitting smoking. Emily explains why cutting ties during a downturn seemed counterintuitive financially but was strategically and culturally vital.13:40–17:41 · Guest disagreement 1/10 The Hidden Costs of Independent Book Selling vs. Big Retail Guy asks whether consumers are intentionally favoring independent businesses over conglomerates. Emily educates listeners on publisher discount tiers, overhead costs, employee benefits, and community reinvestment differences.17:42–21:56 · Guest disagreement 1/10 Audience Q&A: Curation, Media Consumption, and Keeping Powell's Local Guy passes along audience questions regarding media habits and geographical expansion. Emily gently reframes the question about declining print readership into fundamental human curiosity and explains why geographic expansion outside Portland violates their business ethos.21:56–23:46 · Guest disagreement 0/10 Enduring Takeaways and Personal Reading Picks Guy closes with reflective questions on management lessons and book recommendations. Emily shares insights on workplace emotional intelligence and her current reading stack.1:15–4:27 · Guy pushing back 0/10 Portland's Urban Planning and Community Connection Guy prompts Emily using her past comments regarding Portland's unique environment. Emily provides detailed context on urban planning, pedestrian foot-traffic requirements, and the early timeline of the COVID-19 shutdown.4:27–8:33 · Guy pushing back 0/10 E-Commerce Pivot and Difficult Downsizing Guy probes into operational specifics, store counts, and revenue shares between brick-and-mortar and e-commerce. Emily clarifies their physical footprint downscaling and explains how revenue dropped 75 to 80 percent.8:33–11:24 · Guy pushing back 0/10 Scrappy Survival, PPP Funding, and the Loss of In-Store Community Guy asks about transitioning communal store events online. Emily candidly explains the reality of razor-thin indie margins, the lifeline of PPP loans, and the difficulty of replicating in-person serendipity in a saturated digital landscape.11:24–13:37 · Guy pushing back 0/10 Severing Ties with the Amazon Marketplace Guy references Emily's analogy comparing Amazon to quitting smoking. Emily explains why cutting ties during a downturn seemed counterintuitive financially but was strategically and culturally vital.13:40–17:41 · Guy pushing back 0/10 The Hidden Costs of Independent Book Selling vs. Big Retail Guy asks whether consumers are intentionally favoring independent businesses over conglomerates. Emily educates listeners on publisher discount tiers, overhead costs, employee benefits, and community reinvestment differences.17:42–21:56 · Guy pushing back 0/10 Audience Q&A: Curation, Media Consumption, and Keeping Powell's Local Guy passes along audience questions regarding media habits and geographical expansion. Emily gently reframes the question about declining print readership into fundamental human curiosity and explains why geographic expansion outside Portland violates their business ethos.21:56–23:46 · Guy pushing back 0/10 Enduring Takeaways and Personal Reading Picks Guy closes with reflective questions on management lessons and book recommendations. Emily shares insights on workplace emotional intelligence and her current reading stack.

speaking balance: gold is Guy, purple is the guest (3 minute bins)

0:00 · Guy 40.6% · guest 59.4%0:00 · Guy 40.6% · guest 59.4%3:00 · Guy 15.3% · guest 84.7%3:00 · Guy 15.3% · guest 84.7%6:00 · Guy 31% · guest 69%6:00 · Guy 31% · guest 69%9:00 · Guy 32.4% · guest 67.6%9:00 · Guy 32.4% · guest 67.6%12:00 · Guy 44.4% · guest 55.6%12:00 · Guy 44.4% · guest 55.6%15:00 · Guy 27.2% · guest 72.8%15:00 · Guy 27.2% · guest 72.8%18:00 · Guy 25.8% · guest 74.2%18:00 · Guy 25.8% · guest 74.2%21:00 · Guy 14.5% · guest 85.5%21:00 · Guy 14.5% · guest 85.5%24:00 · Guy 100% · guest 0%24:00 · Guy 100% · guest 0%
Sharpest disagreement ▶ 12:20 Emily firmly rejects long-term reliance on Amazon

Emily strongly asserts that Amazon only serves Amazon's interests and is fundamentally damaging to independent retail and local communities.

Hardest push from Guy ▶ 4:27 Guy challenges the initial lack of a contingency pivot

Guy presses Emily on whether Powell's truly had no plan to immediately shift into an e-commerce model when shutting down retail stores.

Biggest teaching moment ▶ 14:06 Emily details wholesale discounts and independent retail economics

Emily clearly educates Guy and the audience on publisher pricing discounts given to mass-scale buyers versus local retailers carrying living wages and overhead.

Guy holds their own ▶ 11:24 Guy cites Emily's 'quitting smoking' Amazon metaphor

Guy demonstrates detailed research into Powell's public statements by framing the Amazon exit around Emily's own specific metaphor.

the scores for every segment, with the reasoning behind each
ChapterTopicGuy as informed peerGuest teachingGuest disagreementGuy pushing backWhy
Portland's Urban Planning and Community Connection 2200 Guy prompts Emily using her past comments regarding Portland's unique environment. Emily provides detailed context on urban planning, pedestrian foot-traffic requirements, and the early timeline of the COVID-19 shutdown.
E-Commerce Pivot and Difficult Downsizing 3200 Guy probes into operational specifics, store counts, and revenue shares between brick-and-mortar and e-commerce. Emily clarifies their physical footprint downscaling and explains how revenue dropped 75 to 80 percent.
Scrappy Survival, PPP Funding, and the Loss of In-Store Community 2200 Guy asks about transitioning communal store events online. Emily candidly explains the reality of razor-thin indie margins, the lifeline of PPP loans, and the difficulty of replicating in-person serendipity in a saturated digital landscape.
Severing Ties with the Amazon Marketplace 3210 Guy references Emily's analogy comparing Amazon to quitting smoking. Emily explains why cutting ties during a downturn seemed counterintuitive financially but was strategically and culturally vital.
The Hidden Costs of Independent Book Selling vs. Big Retail 3310 Guy asks whether consumers are intentionally favoring independent businesses over conglomerates. Emily educates listeners on publisher discount tiers, overhead costs, employee benefits, and community reinvestment differences.
Audience Q&A: Curation, Media Consumption, and Keeping Powell's Local 2310 Guy passes along audience questions regarding media habits and geographical expansion. Emily gently reframes the question about declining print readership into fundamental human curiosity and explains why geographic expansion outside Portland violates their business ethos.
Enduring Takeaways and Personal Reading Picks 1000 Guy closes with reflective questions on management lessons and book recommendations. Emily shares insights on workplace emotional intelligence and her current reading stack.

Statements from this episode (12)

Disclosure
Emily Powell: Powell's requires 9 AM to 9 PM pedestrian traffic
“So we say to be successful, we need nine AM to nine PM pedestrian traffic.”
Emily Powell Dec 10, 2020 ▶ 1:58
Disclosure
Powell: Powell's closed and laid off staff before Oregon mandated shutdowns
“The governor hadn't moved yet to close us down. I think a lot of folks thought we were responding to, you know, a demand, but no, we felt really the compulsion that we need to do what we have to protect Portland. And so we shut down in the middle of the day, w…”
Emily Powell Dec 10, 2020 ▶ 4:05
Assertion Supported
Emily Powell: Powell's Books permanently closed two stores, leaving three locations
“We had five we're down to, we just closed our airport store and our home and garden store permanently. So now we have three at this point.”
Emily Powell Dec 10, 2020 ▶ 5:42
Assertion Not checkable as stated
Powell: Pre-pandemic internet sales were roughly 20% of Powell's revenue
“Originally, you know, pre pandemic, we would have said our internet business was maybe 20% of our overall sales.”
Emily Powell Dec 10, 2020 ▶ 7:18
Assertion Not checkable as stated
Powell: Powell's Books overall sales are down 75% to 80%
“Now all of our sales, you know, collectively we're down about 75 to 80%.”
Emily Powell Dec 10, 2020 ▶ 7:31
What-if
Powell: Powell's Books would not have survived without PPP funding
“First of all, if not for the PPP program, we wouldn't be here today, you know, fundamentally our loan that we received. So we shut down March. 15th, we received our loan in early May. If not for that loan, we wouldn't have been able to bring people back to wor…”
Emily Powell Dec 10, 2020 ▶ 9:04
Assertion Not checkable as stated
Powell's Books remains financially unsustainable after exhausting its PPP funds
“At this point, of course, those funds are exhausted, but we've been able to open the stores that's helping internet business has remained somewhat steady, but no, it's not sustainable. You know, that's the bottom line.”
Emily Powell Dec 10, 2020 ▶ 9:25
Opinion
Emily Powell: Amazon Marketplace will never help independent bookstores succeed
“And Amazon is never going to help us be successful in the long run. They're going to help Amazon be successful, and I don't believe that's good for Powell's. It's certainly not good for our community, so it wasn't something we had to put a lot of brain power b…”
Emily Powell Dec 10, 2020 ▶ 12:33
Opinion
Powell: Amazon fails its workers and harms local economies
“They're not the best employer. They're not taking care of their people. But they're also not supporting small businesses that allow our local economies to thrive.”
Emily Powell Dec 10, 2020 ▶ 15:09
Assertion Supported
Emily Powell: Powell's Books workforce dropped from 500 to about 200 employees
“The number fluctuates a little bit, especially this year of COVID, but we're right around 200 employees. We were about 500 before this, so we're still nowhere close to where we'd like to be.”
Emily Powell Dec 10, 2020 ▶ 16:45
Opinion
Emily Powell: Bookstore economics make opening in Manhattan or SF nearly impossible
“Most cities don't have a neighborhood that is an obvious fit. And I know that probably sounds strange. Think of so many wonderful places to be. But they have to have that morning to nighttime, you know, possibility for business. And then they have to have affo…”
Emily Powell Dec 10, 2020 ▶ 21:01
Disclosure
Emily Powell: Powell's will stay in Portland rather than expand nationally
“I believe books are a deeply personal product and a consumption process. And that means we need to know our community Pretty intimately, and I don't want to presume to take my business into, say, Austin, Texas, and know exactly what that community is going to …”
Emily Powell Dec 10, 2020 ▶ 21:34
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