I have idea of producing a new product but my challenge the design materials and proto type. No resources at all.


You're welcome to (privately) send me more details and I will see how I can help. It all depends on the costs, potential and industry.
Good luck
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Answered 4 years ago

There are a lot challenges during developing and manufacturing products. But also it is a lot of fun.

I assume you want to produce a physical product. What is the sales market? What are the use cases of this product? You need to evaluate all the things before starting the design. Choosing the materials, determining the functions, all need to be carefully thought in advance. If you are not sure about what to do, you can consult some expert in that industry. You can consult to design houses, consultants, or factories even.

I have developed hundreds of products my entire career. If you have any questions, I am happy to help.

Answered 4 years ago

thanks for your question, the first thing before diving into physical product development is to make sure that your idea's core value is actually unique and there isn't already an existing product that can serve a similar purpose already in the marketplace. I say this because I have over 12 years of experience designing physical products for scale, however I still look to alibaba and existing OEM suppliers (original equipment suppliers) to see if a similar product exists so I can use or modify that to get to market quicker. This is a case of being really analytical about your product idea, is it really unique and actually doesn't exist in any form? If so then it's a good idea to go through the different elements that would make or break the idea like size of market, expected cost of the product (or cogs), expected time to market or development time etc. It's a big challenge creating a physical product but something that's really rewarding when you nail it. Hope that helps, Alex

Answered 4 years ago

I think one skill that every entrepreneur should learn is how to be resourceful and get things done. Even if you don't have many resources, it's possible to start prototyping and creating your first versions of a product. The barrier of entry to most businesses and industries are extremely low these days.

Try to leverage as many open source or off-the-shelf services to get started. Many of these are free or low-cost for smaller scale products.

You can also try to recruit and find others who believe in your mission and goals; many times, this can be done for equity (without cash).

Answered 4 years ago

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