Master's Pub Hosts Business Conversations: 'Erik the Bike Man' Speaks Friday

Opus College of Business graduate business students and alumni are invited to the next session of the Master’s Pub series on Friday, Sept. 23. Erik Saltvold, founder and CEO of Erik’s Bike Shops, will share his experiences of 33 years in business. Master's Pub will be held from 4:30 to 6:30 p.m. in Room 201, Opus Hall, on the Minneapolis campus; light food and beverages will be available.

Erik Saltvold

Erik Saltvold

Saltvold was 13 when he started "Erik’s Bike Shop." His first bike, a hand-me-down from an older family member, sparked his interest in bikes. With entrepreneurial spirit, and the money he saved from his job as a paperboy (the only other job he's ever held), he began his business. He bought 150 used bikes, fixed and sold them. Saltvold's original workshop was in his parent's backyard, inside one of the few remaining barns in the urban setting of Richfield, Minn. A homemade sign brought business to his doorstep.

Now in his 40s, he employs up to 200 people and has 18 store locations, 14 in Minnesota and four in Wisconsin. His selection of products and services focuses on bicycling, snowboards, downhill skis, skateboards, and all of the gear that goes with them. His business philosophy remains … professional, knowledgeable service in a friendly store environment.

R.S.V.P. by Wednesday, Sept. 21, or call Graduate Business Student Services for more information, (651) 962-4200 .