Michael Dubin turned funniness into a Billion dollars. Michael Dubin is the co-founder of Dollar Shave company: a service that’s shaken up the male grooming business. Dollar Shave Club is self-described as “Quality razor blades and grooming products delivered to your door. No hassle. No commitments. No BS” These razors, and other products are sold for extremely low prices: its an innovative idea. So innovative that Unilever was willing to pay 1,000,000,000 for it – over 5 times the annual revenue of Dollar Shave Club (Michael Dubin is also one heck of a negotiator – the original offer was for a mere 40% of that.) Michael Dubin personally has stared in some of the company’s adverts – which are videos that go viral. His unique ideas are getting the attention of huge companies – and young entrepreneurs like me.
i really love the concept of dollar shave club. i just wish i had a reason to use it…
My dad uses dollar shave club, but they send him so many extra blades that there are plenty for me to use also. They have a great business model and I can see them being around for a long time. I certainly can’t imagine my dad switching.
The shaving industry has been #shook as a result of the dollar shave club. I think it’s great that someone saw that razers are overpriced and are offering customers an alternative to the normal bouts of dumping a fortune on razors.
I like the companies directness of what they are giving the customer. This would appeal to men, as well, because we just want the product without the hassle. This is also an innovate idea, as the it is cheap and quick way to get shaving materials. Looking at the problem of shaving is that is can be a hassle when you run out of razors, but need a quick shave before work. Great innovative company!