Quotes

"Live every day like it’s your last. "

Unknown

Read More...
Personal tools

Sign in with

Follow Us On...
NEWS FEED
More News...
Namespaces

Variants
Actions

Andy Katz-Mayfield

From EntrepreneurWiki
Jump to: navigation, search
Image

Andy Katz-Mayfield's Social Links

Profile

Andy Katz-Mayfield is the co-founder and co-CEO of Harry’s, a company aiming to revolutionize how consumer buy razors.

Katz-Mayfield and his co-founder Jeff Raider are working to do for shaving products what Warby Parker did for eyeglasses. The two met when they were college interns together. Raider would go on to co-found Warby Parker, and Katz-Mayfield moved out West to study business at Stanford.

The two built Harry’s with their shared passions and values in mind: affinity for simple design, appreciation of well-made things and a belief that companies should try to make the world a better place.

In October 2011, Katz-Mayfield, fresh out of Stanford business school, stumbled into a Los Angeles drugstore to buy razors. There, he found the good displayed behind locked glass, meaning he would have to track down a store employee to get a razor. Katz-Mayfield walked out of the frustrating consumer encounter with four blades, a can of shaving cream and $25 less in his pocket. But he also left with an idea.

That night, he couldn’t sleep. Every so often he was interrupted by ideas of building a men’s grooming brand. A year earlier, Raider had just founded Warby Parker, a direct-to-consumer eyeglass brand that was picking up steam. In the razor industry, a few key players were controlling pricing and quality of the products.

In May 2013, after raising capital and researching the industry they were trying to break into, Katz-Mayfield and Raider bought a razor manufacturing plant in Germany — the new site of Henry’s manufacturing arm.

As of 2014, Harry’s is thriving. They have more than 500,000 customers and 500 employees — 420 in Germany, the rest in the New York City. Shave sets go for as low as $15 and a direct-to-consumer model welcomes customer feedback. In October 2013, the company also opened a branded barbershop near New York City’s Washington Square Park.

Katz-Mayfield graduated from Duke University in 2004 with a bachelor’s in public policy.

Companies and Investments

Harry’s (co-founder, co-CEO)


Lessons Learned

At the start of each month, I make a list of my top priorities. I focus on the five to 10 most important things that I have to get done in order to be successful. I share the list with my cofounder and several other people on my immediate team, both to make sure I'm focused on the right things and also to help hold me accountable.

Never settle. The most successful entrepreneurs are never satisfied enough with their product to slow down. There's no such thing as perfect.

Inspiring Quotes

It comes down to execution. And you’re only going to execute at the highest level if you have the support of your network… and they can only support you if they know what you’re working on.

Neil Blumenthal, co-founder of Warby Parker

Andy Katz-Mayfield's Quotes

This ongoing assessment of key priorities — and pushing those priorities through to my calendar and day-to-day — helps me continue to use my time most productively.

Andy Katz-Mayfield

Im always asking myself: Is this the most important thing I could be doing right now? If the answer is no, then it gets cut.

Andy Katz-Mayfield

Influential Books

Charles P. Pierce - Moving the Chains: Tom Brady and the Pursuit of Everything

Mentors

Jeff Raider (co-founder), Tom Brady (inspiration)

References


Technical

0.00
Share/Save/Bookmark