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Episode 276 - The 5-hour Workday or NOT, Plus Insights of an Entrepreneur
Manage episode 291633756 series 2629426
Working fewer hours earning a full-time shift salary sounds like the perfect job for any worker, and it also sounds good from the company's point of view; happier workers producing more in less time. However, it can backlash; workers might consider their job a side hustle, lose connection with the company's values, and leave their jobs regardless of the benefits of shorter working shifts.
In this episode, we talk with Stephan Aarstol, Shark Tank Alum, Founder and CEO of The No Middleman Project, Founder and CEO of Tower Paddle Boards, and Author of The Five Hour Workday. Stephan was named Entrepreneur of the Year, Top 10 Most Influential Business Leaders in San Diego, one of Shark Tank's all-time best investments (Mark Cuban's best) in ABC 20/20 Special, named "World's Best Boss" by Germany's MorgenPost Newspaper, to name some of the more than 20 distinctions worldwide as an entrepreneur.
We talked about his experience participating in ABC's Shark Tank and how that participation on TV helped his business. He kindly shared his learnings while setting the 5 hours workday in his company, what he feels that worked well, and what happened with the things that didn't work at all.
Listen to Episode 276 of Becoming Your Best, to find out the best way to retain high-performing individuals and the biggest takeaways from Stephan’s entrepreneurial experience so far.
Some Questions I Ask:
- Tell us about your background and how did you get to where you're at today? (2:37)
- What it was like being on Shark Tank? (6:49)
- What prompted you to move your company to a five-hour workday? (10:37)
- What are the lessons you've learned over the years after implementing a shorter workday? (13:18)
- How did you ultimately find out a shorter workday doesn't make business sense, businesses more profitable and productive, and employees happier, healthier, and more loyal? (17:43)
In This Episode, You Will Learn:
- How the 5-hour shift idea was born (11:26)
- Offering freedom and adding pressure to get the expected outcomes (12:29)
- Money or hours don't retain people (14:28)
- How being in a show like Shark Tank can leverage a company (22:41)
- The importance of using productivity tools (27:42)
Resources:
- Tower Paddle Boards
- Tower Electric bikes
- The No Middleman Project
- Book: Stephan Aarstol - The Five-Hour Workday: Live Differently, Unlock Productivity, and Find Happiness
Connect with Stephan:
Becoming Your Best Resources:
- Becoming Your Best Website
- Becoming Your Best University Website
- Becoming Your Best Library
- Email: support@becomingyourbest.com
- Book: Becoming Your Best: The 12 Principles of Highly Successful Leaders
- Book: Conquer Anxiety: How to Overcome Anxiety and Optimize Your Performance
- Facebook Group – Conquer Anxiety
Hosted on Acast. See acast.com/privacy for more information.
426 afleveringen
Episode 276 - The 5-hour Workday or NOT, Plus Insights of an Entrepreneur
Becoming Your Best | The Principles of Highly Successful Leaders
Manage episode 291633756 series 2629426
Working fewer hours earning a full-time shift salary sounds like the perfect job for any worker, and it also sounds good from the company's point of view; happier workers producing more in less time. However, it can backlash; workers might consider their job a side hustle, lose connection with the company's values, and leave their jobs regardless of the benefits of shorter working shifts.
In this episode, we talk with Stephan Aarstol, Shark Tank Alum, Founder and CEO of The No Middleman Project, Founder and CEO of Tower Paddle Boards, and Author of The Five Hour Workday. Stephan was named Entrepreneur of the Year, Top 10 Most Influential Business Leaders in San Diego, one of Shark Tank's all-time best investments (Mark Cuban's best) in ABC 20/20 Special, named "World's Best Boss" by Germany's MorgenPost Newspaper, to name some of the more than 20 distinctions worldwide as an entrepreneur.
We talked about his experience participating in ABC's Shark Tank and how that participation on TV helped his business. He kindly shared his learnings while setting the 5 hours workday in his company, what he feels that worked well, and what happened with the things that didn't work at all.
Listen to Episode 276 of Becoming Your Best, to find out the best way to retain high-performing individuals and the biggest takeaways from Stephan’s entrepreneurial experience so far.
Some Questions I Ask:
- Tell us about your background and how did you get to where you're at today? (2:37)
- What it was like being on Shark Tank? (6:49)
- What prompted you to move your company to a five-hour workday? (10:37)
- What are the lessons you've learned over the years after implementing a shorter workday? (13:18)
- How did you ultimately find out a shorter workday doesn't make business sense, businesses more profitable and productive, and employees happier, healthier, and more loyal? (17:43)
In This Episode, You Will Learn:
- How the 5-hour shift idea was born (11:26)
- Offering freedom and adding pressure to get the expected outcomes (12:29)
- Money or hours don't retain people (14:28)
- How being in a show like Shark Tank can leverage a company (22:41)
- The importance of using productivity tools (27:42)
Resources:
- Tower Paddle Boards
- Tower Electric bikes
- The No Middleman Project
- Book: Stephan Aarstol - The Five-Hour Workday: Live Differently, Unlock Productivity, and Find Happiness
Connect with Stephan:
Becoming Your Best Resources:
- Becoming Your Best Website
- Becoming Your Best University Website
- Becoming Your Best Library
- Email: support@becomingyourbest.com
- Book: Becoming Your Best: The 12 Principles of Highly Successful Leaders
- Book: Conquer Anxiety: How to Overcome Anxiety and Optimize Your Performance
- Facebook Group – Conquer Anxiety
Hosted on Acast. See acast.com/privacy for more information.
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