He instituted a five-hour workday about a year and a half ago. Employees work 8 am until 1 pm, though a lunch break, for a sum of 25 hours a week.
The normal American works about 44 hours in a standard week, according to Gallup check conducted in August.
But a longer day doesn’t indispensably meant some-more work will get done, Aarstol pronounced in a new speak with CNBC’s “Power Lunch.” He theorized that many Americans get about dual to 3 hours of work finished in an 8 to 10 hour day.
“There’s no time constraints on people so we’ve turn a idle workforce,” he added.
While his employees have larger vigour to get their work done, they are not usually happier though some-more productive, pronounced Aarstol, who has also created a book on a theme called “The Five Hour Workday.”
He also isn’t micromanaging that productivity.
“We magnitude capability in unequivocally extended strokes, like how most income did we make this year,” he said.
Aarstol founded Tower Paddle Boards in 2010, though things unequivocally took off in 2012. That’s when he seemed on “Shark Tank,” and Mark Cuban invested $150,000 for a 30 percent interest in a company.
At a time, a beach and lifestyle tradesman had $100,000 in lifetime sales.
“I’m famous infamously as a misfortune representation in a story of Shark Thank and we still got a deal. … we froze up, we couldn’t talk,” Aarstol said.
Cuban’s gamble has paid off. Since his investment, a association has finished over $20 million in sales. Aarstol pronounced Cuban has substantially done a 500 percent lapse on his investment in money dividends alone over a past 4 years.
Ellen Galinksy, boss and co-founder of Families and Work Institute applauded Aarstol’s creativity.
“It is unequivocally critical to be artistic and to respond to a needs of workers and to contend a industrial epoch models we’ve had in a heads only don’t work,” she told CNBC. “There should be some-more experiments like that.”
Over a past 11 years, there has been an boost in coherence around full-time work—like being means to change starting and finale times and operative from home, Galinsky forked out.
However, when it comes to time divided from work—like operative reduced hours — there has been a diminution in coherence by employers, she added.
Disclosure: CNBC owns a disdainful off-network wire rights to “Shark Tank.”