How Solving a Common Problem Can Lead to Fame and Wealth

The late 19th century was a time of massiveanalyzed the product, sales potential and the
cultural, commercial and lifestyle change in thevirtual absence of competition, Gillette made an
United States and Western Europe. Industrializationinspired decision: he would sell the razors at a loss
was in full swing. Railroads were fully formed andto encourage sales, use of the portable implement
providing speedier movement of people, goodsand accelerate word of mouth about his amazing
and foodstuffs to consumers and businesses. Menrazor. Sales expanded exponentially almost
such as Thomas Edison, John D. Rockefeller,immediately and the Gillette Safety Razor became
Andrew Carnegie and J.P. Morgan wereone of history's most revered brand names. The
transforming commerce and innovation. This wasterm "loss leader" or losing money on the first
a golden age of consumer product invention.Thesale to cement subsequent profits was
opportunity to innovate in the areas of personalborn.Gillette quickly realized that his real business
hygiene, comfort and safety were beingwas not selling the razors, but selling the blades.
aggressively addressed for the first time inAlmost immediately he began to give the razors
history. The evolvement of a mass consumeraway. To this day, purchasing a new Gillette
marketplace was nascent. The confluence of thisshaving system includes a free or deeply
new mass market and a slew of new products todiscounted razor, thus insuring years of
address perceived needs created a uniqueconsistent, highly profitable repeat purchases of
confluence of opportunities.The daily chore of athe blades. Product loyalty was insured.The term
man shaving facial hair was just such an"planned obsolescence" classically fits products like
opportunity. Today, when viewing the pictures andGillette blades. In the 1890's people threw virtually
images of this age; we are amused by the highlynothing away. Everything was used until the useful
stylized, gloriously cultivated facial hair seen onlife of a product was thoroughly exhausted. The
many male faces. The clean-shaven face is rarelyconcept of a product being used and discarded in
seen. It would seem as if 1890's men werefavor of a replacement unit was novel. It also
striving to grow works of individualized art onwas key to the evolution of a dynamic consumer
their faces.The reason so many men cultivatedproduct market place. We owe much to King
beards, moustaches and goatees was theGillette and the business model he created. It
difficulty inherent, at the time, in the process ofserves us well to this day.King Gillette was an
shaving. Water was not always readily available tounlikely capitalist. Even after he had earned millions
soften facial hair and lather soap. Warm waterfrom his inventions he hypocritically preached a
was even rarer. Most men, of even limitedstrange anti-capitalist philosophy. However, he
means, used the barber to trim facial hair. Whenpossessed all of the essential characteristics so
shaving ones own beard a sharp, steel straightnecessary to be a successful entrepreneur. He
razor was essential. Straight razors needed to behad vision, drive and courage. Failure did not deter
regularly sharpened using a strop, and they had tohim. He sought and found a need. He addressed
be very sharp. Many men cut and infectedthat need, driving down costs and prices to make
themselves performing this simple act of personalhis razors and blades affordable to the masses.
hygiene. Shaving while travelling on a moving trainHe provided a simple solution to a basic human
was down right dangerous. The need to addressproblem: shaving.King Gillette's lesson for all striving
this task was ready to be successfullyentrepreneurs is obvious. Innovation that
commercialized.Into this gaping void stumbled aaddresses everyday problems through simple
socialist utopian dreamer named King Gillette.product benefits will always be in demand. Look
Gillette was considered an under achiever by hisaround your home, hobby or workplace. This is
family. His father was a successful innovator andwhere you will find potentially lucrative and
his mother wrote a famous cookbook, "Theimportant commercial opportunities.For assistance
White House Cook Book", which remained in printor consultation on commercializing your
for almost 100 years. King Gillette had receivedopportunity or invention contact the author, Geoff
several patents but failed in his efforts toFicke, Duquesa Marketing, Inc. at or email Geoff
commercialize any of them. He earned hisFicke has been a serial entrepreneur for almost
sustenance from work as a travelling salesman.50 years. As a small boy, earning his spending
His failures embittered him and he becamemoney doing odd jobs in the neighborhood, he
immersed in socialism and preached a type oflearned the value of selling himself, offering
anti-industrialism.This most unlikely of capitalists,service and value for money.After putting himself
however, while working as a salesman for thethrough the University of Kentucky (B.A.
Crown Cork and Seal Company was encouragedBroadcast Journalism, 1969) and serving in the
by his boss to continue to attempt to invent newUnited States Marine Corp, Mr. Ficke commenced
products. Specifically, Gillette was encouraged toa career in the cosmetic industry. After rising to
invent products that required subsequent, regularNational Sales Manager for Vidal Sassoon Hair
replacement purchases. His passion became theCare at age 28, he then launched a number of
development of a shaving system that was safe,ventures, including Rubigo Cosmetics, Parfums
portable, efficient, cost effective and required thePierre Wulff Paris, Le Bain Couture and Fashion
buyer to replace the implement on a regularFragrance.Geoff Ficke and his consulting firm,
basis.King Gillette took his concept for a shavingDuquesa Marketing, Inc. ( has assisted businesses
device, which required an amalgam of metals andlarge and small, domestic and international,
metallurgical technology, to the Massachusettsentrepreneurs, inventors and students in new
Institute of Technology. Working with engineers atproduct development, capital formation, licensing,
this honored school enabled Gillette to perfect themarketing, sales and business plans and successful
elements of the safety razor. His patents indicateimplementation of his customized strategies. He is
an appliance of elegant simplicity.Gillette formeda Senior Fellow at the Page Center for
the American Safety Razor Company to marketEntrepreneurial Studies, Business School, Miami
his invention. Initially, owing to limited capital and aUniversity, Oxford, Ohio.
high cost of production, sales were slow. As he