{"author_name":"BITP - How I Built This with Guy Raz","author_url":"https://art19.com/shows/how-i-built-this/episodes/50af1881-7ff0-44ee-9ca9-39d1851c136a","description":"<p>Before Spinbrush became the top selling toothbrush in the U.S—and before Procter &amp; Gamble paid $475M for it—John Osher was a teenager selling earrings for $4.99.&nbsp;</p><p>In this episode, John walks through the strange, scrappy, but disciplined path that led to one of the fastest consumer-product breakouts ever: from a six-year stint in a commune (where he learned plumbing and carpentry), to selling baby products and battery-powered spinning lollipops. Finally, the big bet: a $5 electric toothbrush that was cheap enough to compete with manual brushes, and good enough to become a best-seller.</p><p>You’ll hear the make-or-break moment that many founders can’t survive: the decision to scrap 400,000 defective brushes before they hit the shelves. And then, the stealth move that turned a “licensing pitch” into a buyout —with one perfectly timed bluff.</p><p><strong>What you’ll learn:</strong></p><ul><li>Why pricing is about what the market will pay, not what your product costs</li><li>The hidden power of packaging (How “Try Me” changed everything)</li><li>How to recover from “entrepreneurial terror”&nbsp;</li><li>Why scrapping inventory can be the most important decision you’ll ever make</li><li>The acquisition formula: you get a lot more money when they want to buy… than when you want to sell</li></ul><p><br></p><p><strong>Timestamps:&nbsp;</strong></p><p>07:01 - A pricing lesson that John used forever: The 19-cent earrings that sold for $4.99.</p><p>12:04 - Six years in a commune and the unexpected skill stack: plumbing and construction.</p><p>22:09 - “Entrepreneurial terror” and a lifeline from Toys R Us&nbsp;</p><p>29:11 - Spinning lollipops lead to a $166 million Hasbro exit.</p><p>35:54 - What’s the real competition: $80 electric toothbrushes, or cheap manual ones?</p><p>38:42 - The design breakthrough: fixed + oscillating bristles.</p><p>55:43 - P&amp;G admits: “We’ve bought three companies like yours… and ruined them all.”</p><p>58:07 - The earnout problem: What happens when Spinbrush performs much better than expected?&nbsp;&nbsp;</p><p><br></p><p><strong>Hey—want to be a guest on HIBT?</strong></p><p>If you’re building a business, why not get advice from some of the greatest entrepreneurs on Earth?</p><p>Every Thursday on the <strong>HIBT Advice Line</strong>, a previous HIBT guest helps new entrepreneurs work through the challenges they’re facing <em>right now. </em>Advice that’s smart, actionable, and absolutely free.</p><p>Just call <strong>1-800-433-1298</strong>, leave a message, and you may soon get guidance from someone who started where you did, and went on to build something massive.</p><p>So—give us a call. We can’t wait to hear what you’re working on.</p><p><br></p><p>This episode was produced by Katherine Sypher, with music composed by Ramtin Arablouei.</p><p>It was edited by Neva Grant, with research by Rommel Wood.&nbsp;</p><p>Our engineers were Patrick Murray and Kwesi Lee.&nbsp;</p>","html":"<iframe src=\"https://art19.com/shows/how-i-built-this/episodes/50af1881-7ff0-44ee-9ca9-39d1851c136a/embed\" style=\"width: 720px; height: 200px; border: 0 none;\" width=\"720\" height=\"200\" scrolling=\"no\" sandbox=\"allow-scripts allow-popups allow-popups-to-escape-sandbox\"></iframe>","provider_name":"ART19","provider_url":"https://art19.com","title":"Spinbrush: John Osher. The Electric Toothbrush That Sold for $475M","type":"rich","version":"1.0","width":720,"height":200}