The odds are you are going to need some sort of outside funding at some point in order to get your product to market. If you are lucky enough to get your product to market without outside funding, you will … read more
Determining the right type of business structure for your startup is critical. It affects how much you pay in taxes, your ability to raise outside funding, the paperwork you need to file, and your personal liability.
Many entrepreneurs have so much confidence in their product idea, and are so sure that it will be a success, that they skip one of the most critical steps when bringing a product to market. That step is to first … read more
Hardware startups take a long time before they begin generating significant income. Because of this, most people find it necessary to keep their nine to five job to support themselves, their families, and their start-ups during the early years.
Invention promotion firms want one thing – your money. They don’t really care if your product is a success or not, because they are only focused on scamming you and taking your money. They have no interest in seeing your … read more
Which should you start with first, a patent or a prototype? The large majority of entrepreneurs start the process of bringing their product idea to market by either focusing on a patent or a prototype.
Product developers spend a lot of time interacting with various tools which are vital to the development phase. Whether it’s software, a mobile app, or hardware you are developing, these tools are critical to the success of your project.
Developing the electronics, enclosure and software simultaneously is the ideal situation. Their development has to be staggered a bit, but there can be considerable overlap between these different parts of your product development.
The one limitation is when you’re really … read more
There are many steps required to bring a product to market, but ultimately, it all starts with the product idea itself. If you have the wrong product idea, then all the other steps, no matter how well you perform them, … read more
For the majority of products, the simple answer is yes, at least eventually. But there are a lot of pros and cons to manufacturing in China which you need to fully understand in order to make the right decision.