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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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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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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“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.
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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.
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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.
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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.
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