073: Why Mark Cuban didn‘t Paddle by this Offer on Shark Tank - Stephan Aarstol of Tower Paddleboards
Entrepreneur Stories 4⃣ Inspiration
Millionaire Interviews Podcast & Sir Austin Peek
4.7 • 2K Ratings
🗓️ 1 January 2021
⏱️ 44 minutes
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| 0:00.0 | What's up everyone this is Gwen. This is JV. This is JAPOI aka DJ Shrimp and you're listening to |
| 0:06.4 | millionaire, millionaire interviews. On this episode we bring you another special guest from Shark Tank. |
| 0:18.5 | If you want to check out other Shark Tank companies we've had on this podcast, |
| 0:22.4 | then be sure to check out these episodes during your next romantic walk on the beach. |
| 0:26.5 | Episode 11 with Eli Crane of Bottle Breacher. |
| 0:31.6 | Episode 35 with Jim Saliekis of Cousin's main lobster. |
| 0:36.4 | And Episode 38 with Aaron Kraus of Scrup Daddy. |
| 0:41.2 | Now on to the show. |
| 0:44.5 | Now I sort of look at every business in that perspective. |
| 0:47.6 | Am I really meeting a net demand here or am I creating something and then trying to sell |
| 0:53.4 | to people because that's an nightmare, Chris. And the first one is easy. People just fall over |
| 0:57.8 | themselves and give me money. |
| 1:03.8 | So who cares about the upside? You're like, where are you going to this year? That's the only |
| 1:07.5 | thing you should worry about. One tool that's just incredibly, when I tell people about this, |
| 1:12.9 | they don't even believe me that this thing exists. It's called up. |
| 1:16.8 | I went to China the first time ever in 2015 and I've been sourcing there since 2004, |
| 1:26.0 | without ever worrying about quality or any of that just because of a tool like that. |
| 1:33.4 | So my name is Stefan Arstahl on the founder and CEO of Tower Paddleboards, a direct-to-consumer brand |
| 1:39.9 | that focuses on beach lifestyle products. And we sort of championed the work-life balance. |
| 1:44.7 | I also, the author of a book called The Five Hour Workday based on an experiment my company did |
| 1:49.4 | about two and a half years ago where we moved the whole company to a five-hour workday, |
| 1:53.6 | a year to hand it on to one PM straight through a lunch to try to compress the day and get more |
... |
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