How to develop a new product without risking everything
The biggest danger when launching a product isn’t a bad idea, lack of funding, or not having the right skills. It’s overconfidence. read more
Articles on Entrepreneurship
Where electronics and entrepreneurship intersect
How (and Where) to Manufacture Your New Electronic Product
We are going to compare three different manufacturing strategies: offshore, domestic, and hybrid manufacturing. read more
How I Got Lost Searching for Investors!
Read the previous part of my story about my product being on store shelves for the first time. I had bootstrapped my product to being for sale on shelves in over a 100 retail stores! My product was a miniature lighting device … read more
My New Product on Store Shelves – How I Screwed Up!
Read the previous part of my story about how I got a manufacturer to invest over $100k in my project. Seeing my product on the shelf in the first store was a very exciting moment for me! But the sales results from … read more
5 Successful Products Powered by a Raspberry Pi Compute Module
The Raspberry Pi was never designed to be embedded into new products, and the original goal was only to be educational. A normal Raspberry Pi is not generally a good choice for use in mass produced products due to its large size, … read more
5 Successful Products Powered by an ESP32 Wireless Microcontroller
The ESP32 is a popular wireless microcontroller from Chinese chipmaker Espressif. It incorporates a high-performance 32-bit microcontroller core (also available as a dual core) coupled with a wireless radio that supports WiFi and Bluetooth connectivity. One of my favorite things about the … read more
5 Successful Products Powered by Raspberry Pi
The Raspberry Pi, like the Arduino, was never intended to be used for new product development, and it was developed originally for educational purposes. The standard Raspberry Pi is usually not ideal for use in mass production primarily due to its large size, … read more
5 Successful Products that Began as Arduino Prototypes
Since its launch in 2005, the well-known open-source electronic prototyping platform Arduino has enabled creators, hobbyists, and business owners to turn their concepts into working prototypes. Arduino was never intended to be a new product development platform, and it was created originally … read more
How To Sell Your New Product and Grow Your Revenue
There are lots of ways to sell and distribute a new physical hardware product, and each option has its own advantages and disadvantages. Making the right choice will depend on various factors like your product itself, your product’s retail price, and your … read more
How To Avoid a Failed Crowdfunding Campaign for Your New Product
Successful crowdfunding requires a well-thought-out plan and a lot of intentional upfront work. This technique enables startups to get assistance and financial support from a large number of people, via an internet platform. Kickstarter and Indiegogo are the two main players. However, … read more
How to Conduct Your Own Patent and Prior Art Search
This article explains the difference between patents and prior art. Learn how you can search for both of these on your own, and for free. read more
Internet-of-Things (IoT) Trends and Products
Spending, worldwide, on IoT products is projected to reach $1.1 trillion by 2023. This follows an absolutely explosive year over year increase in the field (over $40 billion per year) since 2018, with an expected $1 trillion in global IoT spending this … read more
Complete cost guide – Developing and manufacturing an electronic product
Discover the cost to develop your product, the cost to scale up manufacturing for mass production, and finally the actual cost per unit to manufacture it. read more
Startup Crowdfunding Campaigns That Far Exceeded Their Goal
All of the hardware startups that we feature below far outpaced their own crowdfunding campaign goals, in some cases by millions of dollars! Success was achieved through various means that you should consider for your own startup. One startup, in an already … read more
How to Ship Your Products from China to the U.S. Using Sea Freight
Learn how to use sea freight to ship your products affordably from China to the United States and how to avoid the most common mistakes. read more
10 Crowdfunding Campaigns For Hardware Products That Raised Big Money
From hearing aids to micro 3D printers to home-based cloud storage, you are going to discover 10 hardware products that had massively successful crowdfunding campaigns. read more
How to Sell Your New Product on Amazon
Selling your own original product on Amazon is one way to generate early sales with greater profit margins than via brick and mortar retail outlets. Learn how you can easily become a successful Amazon seller. read more
10 Successful Hardware Companies You Probably Never Heard About
What hardware entrepreneur doesn’t want to build the next Apple, Ring, GoPro, Peloton, or Tesla? Those companies are the rare “unicorns” of hardware, but there are countless other hardware companies that are generating millions in annual revenue. read more
10 Hardware Companies with a Recurring Revenue Business Model
If at all possible, you need to find a way to incorporate at least some recurring revenue into your hardware business model. Recurring revenue adds stability to your startup, improves your cash flow, fosters long-term customer relationships, makes your company more desirable … read more
Product-Market Validation: A Step-by-Step Guide
Learn from an expert in product market validation why it is so important to validate your product idea before developing the actual product. You will also learn how to harness Facebook advertising to prove the appeal of your product, and to identify who exactly is willing to buy it. read more