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. ... read more
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. ... read more
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. ... read more
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. ... read more
The Minimum Viable Product (MVP) concept is more often associated with software but it applies equally well to hardware with some modifications. ... read more
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. ... read more
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. ... read more
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. ... read more
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. ... read more
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. ... read more
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. ... read more
The article highlights 5 common pitfalls to avoid during the hardware design process for a new electronic product. ... read more
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. ... read more
The following is a super in-depth infographic that beautifully shows the development journey from idea to market for a new hardware product. ... read more
One of the most common types of electronic circuits used in modern portable electronic products are battery chargers. This article will review three common battery chargers ranging from simple to more complex. ... read more
“How do I get a patent” is one of the most common questions asked by anyone with an idea for a new product. In this article I’m going to discuss why patents should never be your first priority. ... read more
Designing smart, secure, and power efficient electronic devices is truly an art. The design process from concept, to prototype, to deployment can be long and arduous, but at the end of the day it is truly rewarding to see your creation come to life. ... read more
There are many steps required to bring a new hardware 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, won’t really matter. ... read more
One of the best ways to reduce your prototyping costs and speed up your time to market is to purchase your own 3D printer. But which is best for your tech product? ... read more
The product development process for a new electronic product (or any physical product) is by no means simple. Since it can be pretty overwhelming, I’ve broken product development down into five manageable steps. ... read more
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