StuartLichtman.com

Why did Gillette develop and introduce their Mach 3 razor and how much did they spend on doing so?

During the 1970’s, BIC entered the U.S. market with a disposable razors and basically destroyed the market for the rather unchanged Gillette razor. As a result, Gillette went into the disposable razor market aggressively.

Why did King Gillette invent the safety razor?

In 1895, King Gillette, a traveling salesman, looked at his dull straight razor that had to be stropped, decided he didn’t want to do that again and invented the safety razor.

What did Will Durant, the founder of General Motors do when his bankers took his company away from him?

Only a fool takes a venture away from its founding entrepreneur. It’s something like taking a baby away from its mother. William Crapo Durant put together General Motors by talking a series of hard-headed automotive entrepreneurs into trading his essentially worthless stock for his company.

What have you ever invented? Are you aware of having done so?

When I was a kid, about 5 years old, I invented the steam engine by observing how the lid of a pot was moving up and down as the water within it boiled. The fact that someone had observed something like the same thing 200 years earlier makes no difference.