On the Brink // Andy's Essay
On the Wind Sailing
Andy Schell
4.8 • 593 Ratings
🗓️ 14 June 2016
⏱️ 45 minutes
🧾️ Download transcript
Summary
#151. I feel like the business is 'on the brink' - either we finally get to enjoy all we've worked for over the past ten years, living out what I'd only dreamed about. Or, it doesn't work out, we don't sell enough bunks to make a living, and we do something else. A few things here or there could tip the scales either way. Here's how.
Transcript
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| 0:00.0 | Hey, this is Anna Winners, live from Sweden. Welcome back to the... |
| 0:05.0 | Okay. Hey, this is Anna Winners, live from Sweden. Welcome back to the 59 North Saline podcast with your host, Andy Schell. Enjoy the show. |
| 0:22.8 | This episode is sponsored by Weems and Plath. |
| 0:26.1 | I spoke to CEO Peter Trogden recently in Annapolis |
| 0:29.2 | about their ingenious SOS distress light |
| 0:32.7 | that debuted at last fall's Annapolis Boat Show. |
| 0:36.2 | In short, the light replaces flares. |
| 0:38.3 | Here's Peter. |
| 0:39.3 | As the more and more I learned about the product, I said, this product is a home run. |
| 0:45.3 | No one wants to buy traditional flares. |
| 0:47.3 | You can't get rid of them and they're dangerous to operate. |
| 0:51.3 | They expire and they're a huge environmental waste hazard. Besides being an |
| 0:57.0 | explosive on board, they end up in a landfill. They have to be incinerated at 2,000 degrees, |
| 1:03.0 | and that in itself is very difficult for the fire department to find incineration. Most |
| 1:08.0 | fire departments won't take it it and most Coast Guard stations, |
| 1:11.6 | some will take and some won't, from what I've heard. This winter, we decided that since we've |
| 1:17.1 | got the experience of both manufacturing and importing and exporting and distribution and all, |
| 1:23.6 | advertising and marketing, that those were things that they just don't have that. |
| 1:28.3 | They have a lot of engineering capability, really good engineering. |
| 1:31.3 | In fact, there's a whole line of products that are being engineered and developed that you'll hear about in time, |
| 1:39.3 | but we're developing a whole family of new revolutionary products for safety distress products that'll revolutionize that whole category. |
| 1:48.0 | And that's their expertise. So they're working on that while I'm going to get my team busy in making sure that every retailer, every boating retailer in America is offering this light as an alternative. |
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