Business
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: LinkedIn 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 See acast.com/privacy for privacy and opt-out information.