Patents get all of the attention but there are lots of other options available to protect your product. In this article you will discover the seven best ways of legally protecting your new product.
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In this episode of the Predictable Designs Podcast I speak with Hardware Academy member Miguel Hernandez. Miguel is the founder of Palocam which is a remote-controlled camera designed to be driven up metal poles for filming sporting events from above.
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Learn what needs to be tested, how to test it, and how to design your product to make it more easily testable so only high quality units ever ship to your customers.
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In this podcast and video I answer the questions asked by a member in the Hardware Academy. The questions focus on reducing manufacturing costs, increasing sales, and funding options.
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In this last lesson, I’ll be sharing some valuable final thoughts, tips, and recommendations, including the key rules for success with a new product.
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Now it’s time to focus on those things that most entrepreneurs delay until it’s too late. This includes marketing, selling, and networking before you begin the expensive product development stage.
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How much will it cost to develop and manufacture your product? How will you sell your product? What type of business model and legal structure is best for you? These are all questions that will be answered in this lesson.
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In this first lesson you’ll learn about competitive research, the danger of being overly secretive, how to validate your product, proving your product concept, and why you must first simplify your product.
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I’m going to share with you the four steps I followed to fund my manufacturing, build a global sales team, and successfully sell my product in hundreds of retail stores.
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The Minimum Viable Product (MVP) concept is more often associated with software but it applies equally well to hardware with some modifications.
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There is a concept in psychology called the Dunning-Kruger Effect, which is a hypothetical cognitive bias stating that people with low ability at a task overestimate their ability.
We are all guilty of this cognitive bias at some point, but recognizing it is the first step to understanding yourself and the world around you, allowing you to overcome this bias.
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Learning from your own mistakes is usually just a part of the process of developing and selling a new product. But what’s much more efficient is if you can instead learn from the mistakes of others.
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There are design mistakes that I see made over and over again on the development of new electronic hardware products. Some of these mistakes are with the electronics design, some are with the enclosure design, and some are more general in nature.
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Choosing the best legal structure for your new hardware business is critical. It impacts how much you pay in taxes, your ability to raise funding, the paperwork you need to file, and your personal liability.
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Developing a new hardware product is never quick or cheap, but in this article you’ll discover many ways to significantly reduce your cost and time to market.
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In this article we discuss why entrepreneurs should market and develop their product idea at the same time. Learn why you don’t need a prototype to start marketing your new product idea.
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Today I’m providing a step by step guide for estimating the manufacturing cost for a hypothetical tracking device that incorporates Bluetooth Low Energy (BLE), GPS, an accelerometer, and a USB rechargeable lithium battery.
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The following is a super in-depth infographic that beautifully shows the development journey from idea to market for a new hardware product.
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