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The Playbook With David Meltzer

Creating More Value For Your Customers | Interview With Paul DePasquale, CEO, Tivoli Audio

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 2 December 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

On this episode of #ThePlaybook, Paul DePasquale, CEO at Tivoli Audio, shares his thoughts on: [1:24] - Why it is important for any leader to have a “one-day-at-a-time” approach to problem-solving [5:04] - How to ensure that your organization is adaptable enough to take advantage of opportunities that arise [6:30] - What a battle with cancer has done to reshape his perspective on life and entrepreneurship [15:54] - The role that personal relationships play in helping to effectively run a business Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Every time I think I'm at that cliff, I'm gonna fall off the cliff, somehow a piece of rock just presents itself.

0:05.8

I say, I'm gonna step on that for a second and I'll hang near for a bit.

0:09.2

And the other one is, if I didn't have problems, I probably don't have a business to run.

0:13.6

This is Entrepreneurs the Playbook.

0:15.5

I have Paul Deepas-Wally, CEO of Tivoli Audio, here with me in the studios of SoFi Stadium that's

0:24.0

real behind me, Paul. How are you?

0:26.4

Good, how are you doing?

0:27.8

I'm doing great. You know, you and I are talking before and it's one of those days two steps forward,

0:32.6

one step back. And there's so much going on in the adaptability.

0:38.6

But, you know, looking at Tivoli itself, this huge O and little C, huge opportunity and

0:46.4

we're limited in our capability. How are you dealing with the limits that have been presented to you,

0:53.2

especially with the, you know, the chain of flow of products parts in shipping?

1:01.5

Yeah, I mean, the last years have been a huge learning experience,

1:08.5

something that I've never seen in my entire career. And, you know, at first, it's a lot at once

1:16.8

and you have to sort of digest, you know, what's important, what we need to do to focus on the day to

1:23.2

day. You know, I've learned that if you kind of think about what's three months, what's four months,

1:29.6

you need to really take each day at a time and that's what we've been doing.

1:34.3

We're hitting it from even a year ago where we're feeling it from the manufacturing side,

1:40.6

just shortages, material issues, cost increase, you know, lead times going from 90 days on average to

1:49.2

now six months. No one can give you a schedule and you got partners breathing down your neck saying,

1:54.4

where's my orders? And you just, you hammer them out one at a time. And what's been interesting

2:01.1

this year, that was last year's problem, it's been interesting this year is now it's, everything's

...

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