This step-by-step guide will teach you the development process for a new electronic product. It’s written for entrepreneurs, startups, and small companies building their first hardware product.
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From hearing aids to micro 3D printers to home-based cloud storage, you are going to discover 10 hardware products that had massively successful crowdfunding campaigns.
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In order to succeed with a new hardware product it is essential that you understand upfront all of the costs required to develop, scale, and manufacture the product.
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Selling your own original product on Amazon is one way to generate early sales with greater profit margins than via brick and mortar retail outlets. Learn how you can easily become a successful Amazon seller.
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What hardware entrepreneur doesn’t want to build the next Apple, Ring, GoPro, Peloton, or Tesla? Those companies are the rare “unicorns” of hardware, but there are countless other hardware companies that are generating millions in annual revenue.
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Learn from an expert in product market validation why it is so important to validate your product idea before developing the actual product. You will also learn how to harness Facebook advertising to prove the appeal of your product, and to identify who exactly is willing to buy it.
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In this article we discuss profit margins and retail pricing, how they are different based on where you sell your product, and why retail price consistency is important.
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Learn about the pros and cons of the top accelerator/ incubator programs that are designed to mentor startups and provide access to funding sources.
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This case study follows the wildly successful Kickstarter and Indiegogo campaigns for the hardware startup UVMask. Learn how they leveraged timing, smart advertising, and even a graphic design blunder, to raise over $5 million in funding.
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Startup incubators and accelerators are two types of programs that support new companies in their early stages of development through mentoring, networking, resources, and funding. We’ll explore the differences between the two and their pros and cons.
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In this article you will learn about the tradeoffs between funding your own product development (Western model) and partnering early with a Chinese manufacturer to develop your product (Eastern model).
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Miguel Hernandez is the co-founder of Palocam, which manufactures a pole-climbing camera for recording sporting events from above. The following is a conversation between John Teel and Miguel where they discuss everything from product development to crowdfunding.
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One of the best ways for hardware founders to overcome many of the problems they face is to get experienced advisors as soon as possible.
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In this guide we take a close look at exactly what is required in a provisional patent application. Even though it is simpler than a full patent, a PPA still requires a number of steps and documentation.
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Many entrepreneurs ignore marketing their hardware product until after development is finished. In this article you will learn why this is a mistake, and instead how to market your product concurrently while you develop it.
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Finding investors and/or co-founders for your startup is never easy, but in this article you will discover what it takes to get them interested in your project.
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We often think failure is the end point. However, product development failure is actually essential to create better products and stimulate stronger innovation.
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The business model you select will determine how much revenue you can generate, how quickly you can scale up, and ultimately how valuable your startup will be to investors.
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Discover seven strategies to get your new product developed regardless of your technical skills. There is at least one strategy for everyone.
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