How I Built This with Guy Raz

Harry’s Razors: Andy Katz-Mayfield and Jeff Raider

87 snips
Jun 12, 2023
Andy Katz-Mayfield, co-founder of Harry's razors, shares his journey of disrupting the shaving industry alongside college buddy Jeff Raider. They discuss their frustration with traditional razor buying and their determination to challenge Gillette's dominance. From sourcing quality blades in Germany to navigating challenges like a failed merger, Katz-Mayfield reveals the importance of customer feedback and vertical integration. They also touch on the impact of COVID-19 and the growth of their product lines, highlighting the delicate balance of luck and hard work in entrepreneurship.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Drugstore Inspiration

  • Andy Katz-Mayfield's frustration with overpriced, locked-up razors in a drugstore sparked the idea for Harry's.
  • He felt the space-themed branding was inauthentic and the $25 price tag for four cartridges was exorbitant.
INSIGHT

Monopoly Realization

  • Katz-Mayfield realized single-player dominance inflated razor prices, similar to Warby Parker's experience in the eyewear industry.
  • This realization solidified his belief in the potential for disruption in the shaving market.
ANECDOTE

Factory Discovery

  • Jeff Raider discovered Feintechnik, a German razor factory, through a shaving enthusiast blog.
  • After testing samples, Raider was impressed with the quality and saw their potential for Harry's.
Get the Snipd Podcast app to discover more snips from this episode
Get the app