Most entrepreneurs drastically underestimate all of the costs required to develop, scale and manufacture a new electronic hardware product. This is one of the main reasons so many hardware startups ultimately fail.
Don’t make the fatal mistake of underestimating the … read more
The product development process for a new electronic product (or any physical product) is by no means simple. It can be a pretty overwhelming process especially for those with limited technical skills who have never brought a new product to … read more
Many of today’s electronics are manufactured in Asia, and in particular the Greater China area. The benefits extend beyond low-cost labor and include a robust supply chain as well as significant technical expertise.
But to anyone new to hardware development, … read more
One of your first decisions for your hardware startup is to go it alone, or work with a team. What’s best? Should you work on your hardware startup on your own, or is it better to have a team of … read more
I want to discuss something that I’ve come to realize is one of the most important early steps that a hardware entrepreneur can take. That step is to simplify your product without compromising on the key features that your customers … read more
Creating a new hardware startup is an overwhelming process and it can be quite confusing to know where to even start. In this article I want to highlight what your top 6 priorities should be when forming a hardware startup.
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Choosing your product’s optimal price is an extremely important decision that should be made as soon as possible. In general, if your product is priced too high then it won’t sell well. If your product is priced too low, you … read more
My name is Dave Millman and I help high-tech startups find their first customers. John Teel asked me to share some of my first-hand experiences so as to help you avoid many of the first timer manufacturing mistakes.
One of the most frequent questions I am asked is, “how long will it take to develop my new product?”. Everyone, of course, wants to know when they can expect to have their product ready to go on store shelves.
… read more
This is a guest post by industrial designer Christian Theill.
The design of electronic devices almost always requires a multitude of professional skills: electronics, mechanics, production techniques, aesthetics, ergonomics, finance, commerce, communication, marketing and others. The conscious coordination of these … read more
In a recent blog I discussed the path to market for entrepreneurs with a strong technical background. I started that blog by telling a story about an engineer named Gary, and his marketer friend named Paul. You eventually learn that … read more