Key ideas from John Osher

• John Osher sold three companies to major corporations: Gerber, Hasbro, and Procter & Gamble for $475 million
• The Spin Brush became the world's best-selling toothbrush after selling for just $5 at Walmart versus $80 competitors
• Osher's first 100,000 Spin Brushes were defective - water leaked through causing failure after one month of use
• Spin Pops generated $100 million in sales during first three years, leading to Hasbro acquisition in 1997
• P&G's Spin Brush earned over $300 million in first year, far exceeding their $120 million projection
• Osher learned pricing strategy early: 'You set your price on what the market will pay, not what you paid for it'
• The entrepreneur spent six years in a Gurdjieff commune learning construction trades that proved invaluable later