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Ultimate Guide – How to Develop a New Electronic Hardware Product in 2019

Published on by John Teel

So you want to develop a new electronic hardware product?

Let me start with the good news – it’s possible. You can develop a hardware product regardless of your technical level and you don’t necessarily need to be an engineer to succeed (although it certainly helps).

It’s easier now in 2019 than ever before to develop a new electronic product.

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12 Ways to Fund Your Hardware Startup – Part 2

Published on by John Teel

In part one of this two part article, we looked at seven strategies to raise money during the early to mid stages of your startup.

This included self-funding, bringing on co-founders, borrowing from friends and family, angel investors, crowdfunding, startup accelerators, and new product contests.

Now, in part two we’re going to look at some of the later stage methods of funding your hardware startup.

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12 Ways to Fund Your Hardware Startup – Part 1

Published on by John Teel

The odds are you are going to need some sort of outside funding at some point in order to get your product to market. If you are lucky enough to get your product to market without outside funding, you will surely require it to grow your company.

Nearly all hardware startups need outside funding either to develop the product or to scale up the company.

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How I Built a Team of 20+ Sales People to Sell My New Hardware Product

Published on by John Teel

What if I told you that it was possible to build an army of salespeople around the world, and that you only had to pay them if they actually sold your product?

And, even better, that you only had to pay them after the customer has paid you, so you don’t need to spend any money upfront.

This is all true if you choose to work with what are called independent sales representatives.

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How I Got a Manufacturer to Invest Over $100,000 in My New Hardware Product

Published on by John Teel

I’m going to share with you the three steps I followed to get a manufacturer to invest over $100,000 in my product without me having to give up any equity in my company.

By following these three steps, you will have a much better chance of getting a manufacturer to invest in your product too.

Several years ago, I developed and brought to market my own consumer product. My product was a miniature lighting device that illuminated any surface that it was attached to. I will be using it to illustrate the great partnership I developed with my manufacturer.

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Overview of the Various Types of Hardware Prototypes

Published on by John Teel

There are many types of prototypes that you will hear about when developing a new hardware product. Each stage of bringing your product to market has different prototype requirements.

Unfortunately, a single prototype is never sufficient for bringing a commercial product to market. No matter how advanced computer-aided-design has become any new product will require multiple prototype iterations.

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How to Select the Optimal Battery Technology for Your Application

Published on by John Teel

Choosing a battery for a given application involves more than just knowing the application requirements. An understanding of the underlying technology of each battery type, its characteristics, limitations, and advantages, is required in order to select the right type of battery.

The batteries described here are all based on electrochemical processes that produce electricity. We’ll be looking at both disposable and rechargeable battery technologies.

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What Business Structure is Best for a Hardware Startup?

Published on by John Teel

Determining the right type of business structure for your startup is critical. It affects how much you pay in taxes, your ability to raise outside funding, the paperwork you need to file, and your personal liability.

Unfortunately, choosing the right business structure can be difficult given the number of options and their implications.

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Market (and Sell) Your Product While You Develop It

Published on by John Teel

When bringing a new product to market, most entrepreneurs follow the same, orderly sequence.

First, they focus solely on product development. After that’s complete, they focus on manufacturing. Once the manufacturing is setup, they finally start thinking about how to market and sell the product.

Though it’s the norm, completing these steps in sequential order is not the optimal way to produce a new product, and it greatly increases the chances that, after investing so much time and energy into the process, you end up with a product that no one wants.

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[email protected], Phone: (520) 261-1844 (for fastest repsponse please email instead of call)
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