Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 1/5

Tempur-Pedic missed its 10,000-mattress first-year sales goal by 9,930

Bobby Trussell · Tempur-Pedic: Bobby Trussell (2018) · Jul 6, 2020 · at 28:44

Bobby Trussell, founder of Tempur-Pedic, reflects on the company's early sales performance after securing US licensing rights for the Swedish memory foam product.

0:00 / 0:09exact quote · 9.2s
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“We were supposed to sell 10,000 mattresses the first year, and we sold 70. So we missed the goal by 9930.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Bobby Trussell

What-if
Discounting Tempur-Pedic pillows to $30 would have hurt sales
“I think if you sold it for 30, you'd sell less.”
Bobby Trussell Oct 22, 2018 ▶ 36:59 Tempur-Pedic: Bobby Trussell
What-if
Trussell: Tempur-Pedic would have sold fewer pillows at $30 than $90
“I think if you sold it for 30, you'd sell less.”
Bobby Trussell Jul 6, 2020 ▶ 37:59 Tempur-Pedic: Bobby Trussell (2018)
Disclosure
Trussell leveraged a Sharper Image deal to force Brookstone to stock mattresses
“So I started selling to Sharper Image. Their arch rival. Brookstone had an absolute cow about that, and they called me, Mike Anthony called me, and he said, Bob, we want you to not to sell to Sharper Image. It's going to hurt our business. And I said, okay, I'…”
Bobby Trussell Jul 6, 2020 ▶ 42:35 Tempur-Pedic: Bobby Trussell (2018)
Insight
Trussell: Founders should prefer 5% of something big over 51% of something small
“Well, my philosophy is the opposite, is I'd rather have five percent of something really big than 51% of something small. And so my advice is, okay, you'd always like to control it, but you don't have to.”
Bobby Trussell Jul 6, 2020 ▶ 47:46 Tempur-Pedic: Bobby Trussell (2018)
Insight
Trussell: Founders are more equipped for entrepreneurship at 40 than at 20
“I think you're more equipped for that when you're 40 than when you're 20.”
Bobby Trussell Jul 6, 2020 ▶ 55:08 Tempur-Pedic: Bobby Trussell (2018)
Assertion Not checkable as stated
Trussell leveraged Sharper Image rivalry to force Brookstone to sell mattresses
“I started selling to Sharper Image, their arch rival. Brookstone had an absolute cow about that, and they called me, Mike Anthony called me, and he said, Bob, we want you to not to sell to Sharper Image. It's going to hurt our business. And I said, okay, I'll …”
Bobby Trussell Oct 22, 2018 ▶ 41:36 Tempur-Pedic: Bobby Trussell
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