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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The most dangerous mistakes are the ones you make but don’t discover until much later – many times too late. Here are 5 of the most impactful mistakes you can make that have serious long-term consequences.
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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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There is an accepted method of failing when it comes to developing something new and the phrase is “fail fast.” Startup culture is synonymous with this phrase and for good reason. The fail fast method for hardware is a bit of a different story.
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Setting the price for your new hardware product is one of your most important decisions. You need to get your pricing right as early as possible. If you mess this up it will be difficult to fix later. The pressure … read more
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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