Archive for Health – Page 3

Hubble Contacts, The Harry’s Razors of Contacts

Two young men named Ben Cogan and Jesse Horwitz have completely disrupted the contact industry with their contact delivery service, Hubble Contacts. For just $30 a month the company will send you fresh daily contacts in the mail. Think Harry’s Razors but for contacts. The contacts are produced by St. Shine and are FDA approved. The reason the company can get you fresh daily contacts for so cheap is because they have skipped the middle man and go direct to consumer.

Ben grew up in New York City and worked as a Senior Customer Insights Associate at Harry’s where he “helped to build the Customer Insights Team where I surveyed and interviewed customers, modeled new business opportunities”. Jesse also grew up in New York and invested his own money in private equity, venture capital, hedge funds, and real estate. Both met at Bridgewater in the summer of 2011. After they met Ben spent time on the Hubble idea and with input from his fellow workers at Harry’s made the move to start the company and called Jesse for help in the start up.

Hubble Contacts has had wild success because they are the first direct to consumer contact lens brand that is both affordable and high quality. They are able to achieve there affordability part of their business model by having the direct to consumer business model and they also take less than a 80% margin that most company’s in the industry are at. As of 2017 the Hubble team has acquired more than 20,000 customers.

contact lens

Article: https://ownersmag.com/hubble-contacts-ben-cogan-jesse-horwitz-interview/

 

Bite Toothpaste Bits

Lindsay McCormick created a better product that you wouldn’t think needed changing. McCormick created toothpaste pills that come in glass bottles. She created toothpaste bits because 1 billion toothpaste tubes end up in landfills every year. The glass bottle is meant to be reused for refills and the pills become foamy like toothpaste right away after biting. This young woman took a problem and passion she had and ran with it. She created a product that saves people money on toothpaste, and reduces toothpaste tubes that end up in landfills yearly. Here is a link to a video to hear more on her story and the product, https://www.businessinsider.com/this-toothpaste-pill-comes-in-sustainable-packaging-bite-toothpaste-bits-2018-9?r=UK&IR=T

Man Creates Edible Water “Jelly Drops” to Help Dementia Patients Stay Hydrated

Lewis Hornby, a London student came up with a genius solution to helping patients with dementia drink water. Hornby noticed that his grandmother wasn’t drinking enough and that people with dementia, “no longer feel thirst, don’t know how to quench thirst, or don’t have the dexterity to drink”. So he created colorful “candies” which are made up of mostly water, with gelling agents and electrolytes making up just 10% of their composition. Which are presented in packaging reminiscent of a box of chocolates. He tested out how well the product would work on his grandmother and, “When first offered, grandma ate seven Jelly Drops in 10 minutes, the equivalent to a cup full of water—something that would usually take hours and require much more assistance”. Hornby created a solution to a problem by thinking outside of the box and presenting a life necessity, water, in fun and easier way for people with dementia to drink water and stay hydrated. Here is a video and the article about the “Jelly Drops”,  https://mymodernmet.com/lewis-hornby-jelly-drops/

Hubble- Stop Making the Choice between Healthy Eyes and Money

Do you have eye insurance? Most of us do not, and that can make it hard to see, literally. I mean paying $600+ to see for the next 6 months can be really hard, so what do most people do? Wear their contacts past the date they should, which can damage eyes. My sister in particular wore the same pair of contacts for years, which resulted in damage to her eyes! This has been happening forever, but Ben Cogan and Jesse Horwitz are putting an end to this with Hubble. 

Hubble is a high-quality contact lenses company that can provide you with your prescription without draining your bank account. While they did have to jump through many hoops to get this product up to par with the bigger companies, they still managed to create a product that is way less expensive than name brand contacts! There are four companies that control 95% of the market, which gives them the ability to place great margins on their product, but Hubble decreases those margins and gives you daily contact lenses that cost less than a dollar a day. For those of you who do not purchase contacts, I personally have paid about $100.00 a month for my contacts since I do not have eye insurance, and of course by I, I mean my parents. I also wear monthly contacts as opposed to dailies, which Hubble sells, that are generally cheaper.

There are a few things Hubble is solving. The biggest issue is allowing people to purchase an item that they need, without having to dish out a great deal of money. I would 100% love to save $70 a month on an item that I need to function in every day life. The effect of saving money also allows people to stop damaging their eyes trying to wear their contacts for prolonged periods of time. They are saving eyes and money.

The other interesting factor here is that despite having a small gap to fit into the market in the first place, Ben and Jesse managed to disrupt the market. They provide a service that delivers to you directly, taking the middle man out aka your eye doctor. But when your prescription needs updated you can find someone through their website. This is also a well developed company that could bring other contact companies back down to an even playing level. They used a tight gap to create an even more effective opportunity for themselves, which is absolutely incredible.

I’ve learned a lot from Ben and Jesse. Breaking the market is incredible, but they also fixed a problem everyone else has just been accepting for years. Every venture has hoops, being self aware of what they needed and how to get to that goal is part of their success, even in a market that was dominated. This is a problem I have, but I just assumed because contacts are a medical product that the price could not be dropped. They really looked at this problem, researched, and developed a foundation for a company that has so much potential.