After 5126 failed prototypes over 5 years, any inventor would have given up
But Sir James Dyson stayed put and
- Invented a product which completely transformed the market
- Set up a company with 7 billion $ revenues
- Became the richest man in UK
A thread on Dyson 🧵
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1970s - James Dyson was a UK born industrial designer. He was fed up using the traditional vaccum cleaner with disposable bag which would stop working because of dust clogging
He tried using a cyclone based system which would extract the dust without clogging
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He even constructed a small prototype & connected it with the traditional vaccum cleaner with bag removed. It seemed to work decently
He presented the concept to many. But most of them rejected saying if the idea was so great, big companies would already have thought of it
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Continuing from last post, more men are keeping beards. This has led to the rise of startups like Beardo, Ustraa and the Bombay shaving company. All these startups started in 2015 with focus on nurturing male facial hair.
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Nielsen pegs the value of the male grooming market at around Rs 5000 crore, growing at around 12.3 per cent CAGR. All these three companies started with beard oil and wash. Post which they expanded into other categories in skin and hair care.
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From a near zero market size few years back, beard grooming market has grown to over 100 crores with major demand from the states of Punjab, Kerala and Karnataka. Beardo has a range of products starting right from Mass market till the premium segment.
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Behavioral changes in customer can create big problems even for the biggest brands and corporations. One such change is more men sporting beards and reducing the frequency of shaving. And Gillette has been at the receiving end because of this.
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A decade back, it was expected that one remains proper shaving was associated with professionalism at work. And beards were not considered to be professional enough.
But in recent times, beards have gained much more acceptance even at workplace. They are also in fashion.
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Demand for men's shaving products has gone down by 11% in last 5 years. P&G has cited the growing popularity of beards as a reason of declining sales.
The sales growth for shaving category has been dismal for P&G staying negative for majority of the last 3 years.
Irfan Khan was the most gifted actor in Indian and global cinema. Here are some of the lesser known facts about the actor who can play any role effortlessly.
Was born in Jagirdar family in Rajasthan where his father ran a tyre business. His full name was Sahabzade Irfan Ali Khan. Both his parents were completely against him joining the movies. But he convinced them and joined NSD.
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When he arrived in Mumbai, he took up a job of an AC mechanic to make ends meet. And even visited Rajesh Khanna's house to fix his AC.
Got his first debut in 1988 in Salam Bombay where he played a short role.
Here is how the lockdown helped Netflix. Netflix made a cool profit of 709 million $ in 2019-20 which is more than double from last year.
The past 2 months have been great for Netflix both in India and globally as per the data released by the firm in their earnings call.
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As per data released by market research firm, Kalagato, user engagement increased from 50 mins in February to 80 mins by March end. An increase of almost 60% in the past 2 months.
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They have added 15.6 million new subscribers in the last quarter (Jan - Mar 2020) globally more than double the forecasted number (7.5 million).
To give a context, Netflix added 8.8 million new subscribers in the last Oct-Dec quarter of 2019.
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