Stephan Aarstol is the founder of Tower Paddle Boards and the No Middle Man Project. Founded in 2010 and funded by billionaire Mark Cuban, Tower Paddle Boards is one of the biggest success stories in Shark Tank history. With only $100K in lifetime sales at the time of the pitch, Mark Cuban invested just $150K, and since then Tower has done over $30M in sales. Tower was the #1 brand out of over 2 million 3rd party sellers signed up for the pilot Amazon Exclusives program. They also have branched into Tower Electric Bikes and Tower Beach Club.
Here’s a glimpse of what you’ll learn:
- [1:25] Jeremy introduces his guest, Stephan Aarstol.
- [3:15] Stephan talks about the Five-Hour work day.
- [9:30] Why a full 8 hour work day is not realistic.
- [12:30] Stephan hopes up about a low moment in his career.
- [15:30] A proud moment in business for Stephan.
In this episode…
When was the last time you considered the efficiency of your work week? Do you often put in over 40 hours at the office each week? What if you are putting in more time than you need to? On this episode of Inspired Insider, you’ll hear from business leader and entrepreneur Stephan Aarstol. In his conversation with Jeremy, Stephan opens up about shifting to a five hour work day, what led him to make this significant change at his company, how he’s endured some challenging periods in his business, and much more. You don’t want to miss a minute of this powerful episode featuring Stephan’s story!
If you’ve been in entrepreneurial or business circles for very long, chance are you’ve heard about the four-hour work week. But have you heard about the five-hour workday? Let’s face it, Tim Ferriss’ approach won’t work for everyone, and in many ways, it is not scalable for an entire organization. Stephan Aarstol wanted to give himself and his employees more freedom and control over their lives, that’s why he introduced the five-hour workday. With the five-hour workday, Stephan has trained his workforce to work smarter, not harder. The idea started as an experiment and ended up paying huge dividends! Do you think your workplace could make the shift?
How would you rate yourself when it comes to dealing with adversity? Whether you like it or not, at some point in your professional career you are going to have to confront adversity head-on. Stephan Aarstol and his team at Tower Paddle Boards are dealing with a roadblock in their business with the internet sales tax. Sure they could throw their hands up in the air and get frustrated about this added layer of complexity to their business, or they could deal with the challenge in a practical way. Never one to shy away from a problem, Stephan and his team are taking this challenge in stride.
Resources Mentioned on this episode
- Follow Stephan on Twitter
- Tower Paddle Boards
- The Five Hour Workday
- NoMiddleman.com
- The 4-Hour Workweek
- Intro Music by Kidd Russell
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