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Product Startup

Product Startup

Author: Kevin Mako of MAKO Design + Invent

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The Product Startup Podcast is the hardware product development industry's #1 podcast. From invention idea to getting onto store shelves, and everything in between. Hear how inventors, product startups, & small manufacturers created their inventions and launched their physical product businesses. Learn from the industry's top industrial designers, mechanical engineers, PCB designers, consumer product managers, manufacturers, patent attorneys, hardware investors, product sellers, wholesalers, retailers and more. Learn about industrial design / product design, prototyping, 3d printing, additive manufacturing, product manufacturing, marketing, selling, patenting, logistics, and product business scaling. Hosted by Kevin Mako, North America’s leading expert on product development for physical product startups, founder of Mako Design + Invent, keynote speaker, and Masters of Engineering lecturer.  Produced by MAKO Design + Invent, the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors.
221 Episodes
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With more than two decades of experience in manufacturing, Keenan Wyrobek stands as a highly knowledgeable figure in the industry. He is the Co-Founder and CTO of Zipline, an autonomous drone delivery enterprise boasting a workforce of 1,100 individuals that has secured funding in the hundreds of millions. Today, Keenan will divulge his extensive expertise salient to inventors, startups, and small-scale manufacturers. He will share how to best navigate the intricacies of the design for manufacturing phase, strategies for optimizing the product development and prototyping stages for seamless integration with manufacturing processes, and how to smoothly transition from finalizing your pre-production prototype to your first manufacturing run, thereby laying the groundwork for a triumphant launch. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/221-how-to-go-from-prototype-to-first-manufacturing-run/ Key Takeaways in This Episode:Ensure your product is well-designed and has been prototyped numerous times before going into the production stage. Design for manufacturing is all about hitting optimizations and maximizing manufacturability for each individual component. Don’t change aspects of the product design once you have begun DFM, the design is done at that point! Create at least more than 3 prototypes to make sure you have industriously iterated on everything that matters. You are not done prototyping until you are perfectly happy with your design, and it perfectly aligns with your vision for your product. Manufacturing design is the stage where you start working closely with your manufacturing vendors. Make sure you have a strong manufacturing design package to provide your vendors with. Product reliability is critical, so make sure you have a strong relationship with your manufacturing vendors! Include the customer in the DFM process, as they will identify reliability issues you may have never identified. MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent...
Akeem Shannon is the mastermind behind Flipstik, a consumer product startup that started with a crowdfunding campaign and has achieved resounding success leveraging the immense power of authentic storytelling. In addition to achieving over a million units sold and robust partnerships with over 3,000 resellers, Flipstik has garnered substantial attention from millions of consumers across various social media platforms, including the legendary Snoop Dogg. Today, Akeem will take listeners through his journey in the hardware startup space and impart valuable anecdotes for inventors, startups, and small-scale manufacturers. He will delve into the significance of storytelling in consumer product promotion, emphasizing its dual utility: leveraging personal narrative as a founder and harnessing customer experiences. Moreover, Akeem will elaborate on how to strategically implement these storytelling techniques to propel the growth of your product business. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/220-how-storytelling-drives-consumer-product-sales/ Key Takeaways in This Episode:It always helps to have a genuine love for sales as you are always selling something as a hardware founder. You can recover from failure if you don’t give up! Self-belief will take you further than anything! Most people don’t have big imaginations, so your biggest obstacle is convincing them to buy something they were previously content with living without. Show consumers how your customer's lives were changed by using your product. Sometimes, you are not the right messenger for a specific audience, so utilize the stories of others to get your message across. Find people who love your product and work with them to amplify your message! Authenticity is the most important thing when telling your own story. Your story will get you into rooms and meetings that you may think you are too small for. MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, a...
Kevin Lavelle, the Co-Founder and CEO of Mizzen + Main, a renowned men's apparel company that has its products distributed in hundreds of outlets and boasts 10 thriving retail stores, has embarked on a new venture: Harbor. Harbor is a pioneering pediatric device startup that recently secured $3.7 million in seed funding. Today, Kevin shares the insight he gained while successfully scaling his product business by imparting modern inventors, startups, and small-scale manufacturers with tips for hiring your very first team members and expounding upon the quintessential attributes to seek in inaugural hires in the hardware startup realm. He delves into discerning characteristics that hold significance, dispelling common misconceptions, and underscores the paramount importance of never sacrificing quality within the consumer product domain. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/219-hiring-your-first-team-members-at-a-hardware-startup/ Key Takeaways in This Episode:What foremost principles are the most important to prioritize when hiring? Can your potential hire survive in a fast-paced entrepreneurial environment? People from large organizations are not typically great fits for very early-stage hardware startup businesses. Can this hire operate without a team and spearhead decision-making on their own? Get to know a potential hire beyond just one interview. Does your potential hire fundamentally understand what they are getting into in joining a hardware startup? Knowledge gained on the job is an intangible benefit of working for a startup that can also outweigh the compensation. Never sacrifice your quality when developing a hardware product! Avoid feature creep in early-stage startups! MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and 
Wesleyne Whittaker is the CEO of Transformed Sales, an esteemed organization dedicated to architecting sales methodologies that foster rapid and maximal growth with an impressive track record of collaborations with over 150 distinguished manufacturers and product brands. Today, Wesleyne will share the extensive knowledge she has accumulated on developing and effectively employing uniquely tailored sales processes pivotal to inventors, startups, and small manufacturers. She will elucidate the three overarching phases of a sales process – outlining the role and salient components of each stage – and afford astute guidance on adeptly executing said process to proliferate sales, client trust and retention, and expansion opportunities for your hardware product business. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/218-best-sales-processes-for-selling-hardware-products/ Key Takeaways in This Episode:What is a sales process? There are three core stages: Prospect, Nurture, and Close. Prospect involves figuring out how to attract customers. Nurture is all about taking someone who is interested in your product and transforming them into a buyer. Close entails getting that pen to paper so you can then work on developing loyalty to turn that customer into a repeat customer. Educating potential customers is an incredibly important part of prospecting! The biggest challenge for hardware entrepreneurs is getting the abundance of knowledge they have acquired out of their heads to inform customers. Have a variety of information prepared for your customer and disseminate it using a variety of mediums. It’s okay to lose a sale, but not in the same way twice. Communicate the value of the product, how it solves a key problem, and the risk of not buying your product. MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping,...
Yuri Dvoinos is the visionary behind an illustrious portfolio of 15 enterprises that have collectively amassed tens of millions of dollars in revenue. Among his ventures lies the portable Jammy Guitar, a resounding success story that garnered $250,000 in initial funding during its inaugural crowdfunding endeavor, swiftly followed by a staggering $500,000 in its subsequent campaign. Today, Yuri shares how he accomplished these commendable feats and his insight into crowdfunding to inform modern innovators, burgeoning startups, and niche manufacturers. He elucidates the profound significance of customer feedback and delves into how to optimally harness such feedback to drive subsequent product iteration and development. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/217-using-crowdfunding-for-real-customer-feedback-on-your-invention/ Key Takeaways in This Episode:Crowdfunding provides instant, high-quality feedback from real customers! A large factor in their success was that they identified a gap in a market with lackluster products and filled the gap with their product. The primary reason they wanted to do a crowdfunding campaign was not to secure funding, but rather to get real customer feedback from backers who had pre-purchased the product. Make sure you celebrate your campaign's successes once it has finished! After that, leverage your campaign to get interest from important people in the industry. Customer segmentation can be very valuable when striving to find your ideal target audience, as you can develop a product exactly for them. Version 2.0 comes after launching an MVP. Consider leveraging both Kickstarter and Indiegogo! As you evolve, you will figure out how to reduce costs associated with hardware development. MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and a...
Wade Harmidy, an esteemed project manager at MAKO Design + Invent, dedicates his meticulously cultivated expertise to guiding inventors and hardware startups through their product development journeys. Armed with an impressive academic background that includes an Honours Bachelor of Science degree and a Post Graduate Certificate in Quality Assurance, in addition to a prestigious Six Sigma Black Belt certification in Project Management, Wade is a beacon of knowledge in his field. Today, he graciously shares key tips for modern inventors, startups, and small-scale manufacturers. He expounds upon how to best navigate the beginning of your product development journey by revealing 5 indispensable strategies that will ensure you succeed in your product venture. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/216-5-key-tips-for-starting-your-product-development-journey/ Key Takeaways in This Episode: What are the core factors that dictate how your product journey will go? Having a definitive vision for what your invention will achieve or what problem it is solving is integral. The clearer your vision is in the initial stages, the more likely it is that an experienced team will be able to help you realize your vision. Write down your product vision! Shoot for fewer words than more words. Have something tangible to bring to the product engineering firm. You don’t need to be an artist! Just get the idea down. Make sure to consider the end user and what your product accomplishes for them. MVP design is a key tenet. Setting realistic deadlines is incredibly important! Cutting corners often leads to failure! Plan for the big picture and all of the key milestones you need to hit. MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and a...
Michael Lebhar is the visionary behind SellCord, one of the world's foremost Walmart Marketplace agencies that boasts a remarkable track record for facilitating sales exceeding a billion dollars for hardware startups and renowned brands on the esteemed Walmart.com platform. In this episode, Michael is poised to impart his vast insight into the power of Walmart Marketplace and its salience to modern inventors, burgeoning startups, and small-scale manufacturers. The guidance he affords encompasses a detailed exposé on the intricacies of Walmart Marketplace, essential tips for seamlessly launching debut products on the platform, irrespective of prior experience, and proven strategies for achieving sustained growth in product sales. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/215-launching-a-new-product-on-walmart-marketplace/ Key Takeaways in This Episode: What is Walmart Marketplace, and how does it differ from Walmart Retail Stores? It is more difficult to get your product onto Walmart.com than Amazon, but that presents an increased opportunity. Having a website already set up that sells or promotes your product is a huge asset when applying to Walmart.com. Walmart.com uses a listing quality score to judge the quality of your invention listing on their platform. This affects what page your product will be listed on. There are Walmart style guides you can access that tell you how to properly structure your product ad. Make sure to follow it! Walmart Fulfillment Services (WFS) is an important feature to subscribe to that is similar to Amazon Prime. MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and manufacturing services. We also help our clients with business and product strategy, marketing, and sales/distribution for all consumer product categories.
Alex Back, the innovative force behind Couch.com and the previous founder of Apt2B, solidified both enterprises as influential figures in the domain of affiliate marketing for physical consumer product brands targeting end-consumers directly. In this episode, Alex will provide comprehensive guidance to inventors, startups, and small-scale manufacturers seeking to understand the fundamental principles of affiliate marketing and how it can impactfully boost the success of hardware products. He will elaborate on effective strategies for successfully introducing new products to the market and achieving early sales through this exceptionally useful and rapidly expanding sales channel. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/214-affiliate-marketing-for-d2c-sales-of-inventions/ Key Takeaways in This Episode: What is affiliate marketing? Social media influencers are the most common type of affiliate marketing; however, they represent only a small part of the affiliate marketing landscape. Sellers know how to sell, inventors know how to invent, and together they can form a mutually beneficial partnership. Influencers, bloggers, Youtubers, and online stores are affiliate marketing organizations. The differences between commission-based, traffic-based, display or impression-based, and pay-per-click affiliate marketing. Your affiliate marketer only sends traffic to your website! You still need to sell your product. Research the different affiliate platforms that are commonly used and see which ones resonate best with you. All product review sites are based on affiliate marketing! To start, be very generous with your commission payout amount. Affiliate marketing is the Wild West of opportunity.  MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and a...
Lesley Hensell, renowned for her 14 years of experience in Amazon sales, is the mastermind behind the revolutionary book The Amazon Incubator. Lesley also serves as Co-Founder at Riverbend Consulting, where she has directly assisted numerous Amazon sellers that achieve annual revenue ranging from $500,000 to $500 million by solving pressing issues, optimizing workflows, and maximizing business growth. In today's episode, Lesley shares her extensive insight into the intricacies of Amazon's sales platform and how to improve your chances of sales success as an inventor, startup, or small manufacturer. She delves into the benefits of leveraging Amazon as a product startup, provides strategies for conducting effective keyword and competitor research, and outlines best practices for overseeing a product launch to ensure enduring success as an Amazon seller. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/213-researching-how-your-product-fits-on-amazon/Key Takeaways in This Episode: Two-thirds of the products sold on Amazon are sold by 3rd party resellers. There are 150 million Prime members just in the US alone. Amazon has surpassed Google for product research! The first questions to consider as a hardware startup are; Is your product suited for Amazon, and is there a niche for your product on Amazon? Find your product description keywords! Build out long-tail keywords by writing out the direct definition and primary descriptors of your product. The keywords that you use to research your product should dictate how you build your actual listing page, as well as your pay-per-click advertising. Brand registry on Amazon is important for brand protection! Have a comprehensive plan prepared prior to your product's launch, including your advertising strategies and materials.  MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and a...
Jason Friedman serves as CEO at CXFormula, a firm that assists entrepreneurs with elevating the customer experience. With almost 3 decades of experience, he has collaborated with a wide range of budding and established companies, achieving multiple successful business exits along the way. In today's discussion, Jason will share his insight into how modern inventors, startups, and small manufacturers can enhance their offerings and marketing approaches to drive organic growth. He will delve into the significance of understanding the customer journey and share strategies for ensuring customers engage with, purchase, and become passionate advocates for your innovative product. Click this link for This Episode's Full Info Page: https://www.makodesign.com/podcast/212-the-customer-experience-for-new-hardware-products/ Key Takeaways in This Episode: Customer experience is key to scaling a new hardware product. The customer experience refers to the journey they go on with your physical consumer product. Refine the touch points your customers have with your product and brand to improve their journey. Pretend to be a customer! Think about method acting as an informative research process to better understand your prospective customer. Search Amazon for reviews of similar products to collect feedback on what features, or lack thereof, are frustrating people. Talk to potential customers to identify the exact words they use to describe their wants, needs, and frustrations. Craft the perfect customer testimonial using impactful words and a lot of detail. Then, reverse engineer the customer journey so their feedback mirrors the testimonial you wrote. MAKO Design + Invent: www.makodesign.com Kevin Mako: https://www.linkedin.com/in/kevmako Producer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and 
Nikhil Joshi is the founder of SNic Solutions, a company he has run for 17 years helping scale product manufacturing operations.  He has worked with almost 150 factories across 12 countries.  Today Nikhil will share valuable knowledge for inventors, startups, and small manufacturers on how manufacturing has changed, the opportunities that exist, and how to ensure you properly plan for complex manufacturing as a hardware startup.Here are the key takeaways from the episode: The manufacturing process is drastically different now than it was even 30 years ago. Modern consumers seek custom-tailored products that are designed very specifically for them. The goal is to try to produce a smaller variety of items in the manufacturing process, but it is integral to be more efficient in order to accomplish this. Try not to customize and scale at the same time unless you can adopt a business model that can support that level of customization. Talk directly to your end customers, even if you are selling through middle players! Be agile and flexible, and give the end customer what they want, but at a good price. Agility, speed, and efficiency are key! Smaller companies will often push these demands to contract manufacturing. Go from working in silos to developing your own web of information and technology - from ideation through to industrial product design - then begin manufacturing, and then place your focus back on the customer. You can reduce the time it takes to get to the manufacturing stage when you start considering manufacturing at the design level. Spearheading comprehensive design, then engineering, then manufacturing is the most logical progression! Nikhil Joshi Links:LinkedIn | SNic SolutionsThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMAKO Design + Invent Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | Facebook | TwitterProducer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner....
Taylor Frame is the Co-Founder of Focus Funnels, a direct-to-consumer marketing agency that has been around for over 8 years and successfully collaborated with hundreds of businesses. Prior to this venture, he drove direct-to-consumer product sales for prominent brands, including The Gap, J.Crew, and Adobe. Today, Taylor will share the extensive knowledge he has amassed throughout his time in the product sales space integral to inventors, startups, and small manufacturers. In particular, he will detail the four core pillars of a direct-to-consumer funnel, how to ensure a sales funnel is built correctly, and the best practices physical product startups seeking to launch their first consumer product online should employ to maximize their success. Here are the key takeaways from the episode: What are the frameworks for bringing new hardware to market? Positioning is how your product is differentiated in the market. Placement is key! Put time into researching where your audience is spending their time online. Have a good understanding of what your audience cares about. A focused acquisition funnel is always best! Strive to achieve a customer journey that persuades someone to buy something. What are the three critical aspects of delivery for ads? Content is about your core pillars; build content that aligns with them to effectively sell the value of your product. Once you have content developed, get it out there fast! Paid ads versus organic ads. The barrier to entry on sales has been lower than ever recently, making it easy to get in front of eyeballs. A key step is to ensure that when someone clicks on your content, you have a product landing page that promotes the product's value. Keep your advertising simple, as if you’re talking to a friend about their problem and your solution. Keep your ads simple at the beginning, and then begin to test more complex pieces of content. Test 3 or 4 different types of ads every week or two. It is better to have more information on your website to ensure your page tells a whole story. Startups have a sizeable competitive advantage over big box retailers, as they have authenticity behind their product! Taylor Frame Links:LinkedIn | Focus FunnelsThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMAKO Design + Invent Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | a...
Ori Yudilevich is the CTO of Materials Zone, a materials information platform for hardware product development. He has a Ph.D. in Mathematics in the field of differential geometry and served as a Lecturer in the realm of higher education for over 15 years before transitioning into the industry. Today, Ori will share valuable knowledge for inventors, startups, and small manufacturers on why materials research is so important to the hardware product design process, burgeoning trends in materials science, and how to ensure you select the right materials to streamline manufacturing and maximize the efficacy of product marketing.Here are the key takeaways from the episode: Materials are in everything! The product development process for all products requires a lot of research into materials. Materials research is core to achieving progress with your invention idea. Materials selection is an integral component of hardware development and is often overlooked by non-designers. Materials selection is much like selecting ingredients when cooking. You can cut corners to minimize cost, but it will ultimately be noticeable to the consumers! How to choose materials that best align with your product's purpose and the process of making those materials. Materials are evolving, so it is important to remain up-to-date on the best materials available today. Sustainable materials selection is a big trend right now! Your customers are looking at what your product is made of, so carefully thought-out materials selection will boost its success beyond the manufacturing process. The supply chain is a critical consideration, so it is best to choose materials that have supply flexibility. Researching materials regulations according to your location is key, as certain rules need to be adhered to depending on the country you are selling in. Think of materials selection from a manufacturing perspective and a product sales (customer) perspective. Ori Yudilevich Links:LinkedIn | Materials ZoneThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | Facebook | TwitterProducer: MAKO Design + Invent is the original firm providing world-class consumer product...
Kelley Thornton is the CEO of Tiege Hanley, a direct-to-consumer skincare product brand for men that has sold more than 16 million products in over 100 countries. Today, Kelley will share valuable knowledge for inventors, startups, and small manufacturers on the importance of materials selection for your new hardware product, how to ensure the use of the best quality materials when working with manufacturers, and why materials are important to both your customers and your product business.Here are the key takeaways from the episode: What are hardware product materials, and why are they important? Make a decision about the level of quality you want to achieve with your product up front, as that will guide your materials decision-making. Intuitive materials decision-making is salient to having great products. Understanding the chemistry of ingredients is important to delivering product results. Calling out the ingredients at the manufacturing level will critically ensure quality. All manufacturers have strengths and weaknesses, so make sure everyone is on board with the way the product is formed. Be clear about intellectual property, especially if the manufacturer makes changes that you agree with! Another key reason you should push for high-quality materials is that you can use the quality as a reason your customers should choose your product brand over others. You can also use the quality of your ingredients in your marketing efforts! Always start with higher quality materials and, over time, figure out how to value engineer that into cost savings through scale, innovation, etc., to bring your costs down. Ensure that your margins are high enough to afford quality, and that should be the case when you’ve got a new proprietary product. Kelley Thornton Links:LinkedIn | Tiege Hanley, Inc.The Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | Facebook | TwitterProducer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop shop for developing...
Steven Weigler is a seasoned attorney and successful entrepreneur who has worked for a number of large corporations in the intellectual property arena. Presently a Founding Attorney at EmergeCounsel, Steven is poised to share immensely valuable knowledge for inventors, startups, and small manufacturers. Today, he will delve into the four types of intellectual property protection, how to use these protections to increase the value of your hardware product business, and how these protections work collaboratively. Here are the key takeaways from the episode: What are the 4 key elements of intellectual property for a physical product startup? Growing for an exit or growing to build a market has many similarities. Intellectual property means intangible assets created by the mind. Intellectual property carries on the balance sheet as an asset. Intellectual property can be hard to quantify. Patents can be either a design patent on the unique design of a product and/or the utility, meaning the functionality of the product. Patent exclusivity is for the country you file for. You must have a year in the market before you can patent the product. Design patents are easier to get than utility patents. You can improve on your own product and get a patent later. Sometimes, a patent doesn’t add value to a particular product. Trademarks protect the brand image, and these types of intellectual property protections can be a very valuable yet understated form of value for a hardware startup. Brand is identity, and brand is trust! Your brand is going to grow, even though it starts at zero. Trademark protection is quite inexpensive. Copyright protects all works of art; code, product packaging, and many other things can have certain protections under copyright. The Berlin Convention ensures that many countries honour the copyrights of other countries. Trade Secrets are not thought of as IP; however, those secrets can be a large part of the intellectual property of a product business. All of these strategies employed together help prevent other entities from copying your product. If you enact all of these intellectual property tactics, it will also grow the value of your product business significantly! Steven Weigler Links:LinkedIn | EmergeCounselThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | a...
Dan Shea is the Managing Director of Objective, Investment Banking and Valuation. He has been spearheading mergers and acquisition deals as an investment banker in the manufacturing sector for over 30 years. Today, Dan will share valuable knowledge for inventors, startups, and small manufacturers on the salience of thinking about the value of your product and product business well before the sale, focusing on a quality product and customer needs, and adding innovation to increase the valuation of your product for an eventual exit sale. Here are the key takeaways from the episode: Value to the customer is value for the customer. Start with the end in mind. Big companies are spending less money on R&D and more money on acquisition. There are a lot of advantages to creating a hardware startup, and corporate teams are looking for startups that are finding those opportunities that they missed. Most innovation is happening at small companies despite large companies getting most of the press. Innovating every year based on changing customer needs is critical! Use quality product design and a family of products as a core foundation. Businesses typically start with one product. Innovation doesn’t stop when your first product is built. Create your first product properly, and you create massive institutional value. Think about what the company has done throughout its history and what that likely means it can do in the future. Build a culture of innovation from the moment you conceive your hardware startup to maximize the valuation of a future sale. Charge more for your product as you are innovating, this ensures profitability, and margin is critical to product business buyers. Overnight successes are usually backed by 10 years in the making. Reflect on what buyers of hardware product businesses get excited about. Focus on building great, high-quality products, that is the most important part of a hardware business. Find ways to get the word out about your product using modest methods to drive early sales. With a global marketplace, there are lots of ways to sell to multiple pools of people, even with a very niche hardware product. Dan Shea Links:LinkedIn | Objective, Investment Banking & ValuationThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | a...
Tomide Adesanmi is the Founder of Circuit Mind, an electronics engineering platform that supports heavily improved EE design and development. Today Tomide will share his wealth of knowledge salient to today's inventors, startups, and small manufacturers regarding how electronics product startups are leading the charge, best practices in the realm of electronics engineering regarding consumer product development, and tools for improving the electronics design process.Here are the key takeaways from the episode: Electronics products are becoming more ubiquitous, electronics are in everything. Hardware innovation is happening from startups more than large corporations. Big corporations are slow, it is harder for them to compete with hardware startups on electronics products. Smart makers and inventors in their garages are iterating ideas quickly and effectively. If inventors are not in the hardware industry, they are surprised at how archaic a lot of the hardware technology is compared to software. Supply chain, agility, quality product. The high-level design process requires 1 to 6 weeks of iterations, prototypes, testing, and 3 to 10 prototype iterations to get to a manufactured product. Start with top-level requirements, then major components, then breadboard, then circuit design, then PCB design, then firmware, then many testing rounds to get the product ready for manufacturing. You have different levels of fidelity, and you need to do them in order. Extremely experienced engineers have been working for decades to make the process robust and done right. Tools are constantly being released to improve speed, improve the optimization of your hardware, and also to reduce the number of iterations in the design process. Tomide Adesanmi Links:LinkedIn | Circuit Mind | Enterprise HubThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | Facebook | TwitterProducer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we...
Collin Mitchell has been in the sales space for over 15 years, and his expertise is evidenced by his success in selling over 5,000 SKUs of product through the first of the many companies he has founded. He is currently a Managing Partner at Leadium, a full-service selling agency that helps companies scale up their sales efforts. Today, Collin will share valuable knowledge for inventors, startups, and small manufacturers on how to figure out what types of wholesale buyers there are, which ones are ideal for your particular product, and how to build and manage a list of these buyers so that you can grow your wholesale selling efforts quickly.Here are the key takeaways from the episode: How to successfully sell directly to wholesale buyers by forming the ideal customer profile. Find the buyers who are best suited to your specific product. Rank your potential buyers from most important to least important. First, identify companies within your industry, then identify the specific contacts. There will be vast competition when trying to get the attention of these buyers. Go one step further by comprehensively researching your buyer so that you can position yourself above everyone else reaching out to these high-value buyers. The more information you find about your buyers, the better! Use multiple sets of databases to find this information. Your phone is one of the most powerful tools that you have to reach out. Before you pick up the phone to reach someone, be prepared. Don’t limit yourself to one channel in approaching product buyers. Reach out many times, be persistent! It typically takes 15 to 20 touchpoints before a buyer commits. Don’t take anything personally when forming a list of wholesale buyers for your new invention. A no should be looked at as a positive thing, as you are refining your list to put more effort into the best people that could potentially carry your product. As you start to get traction with some buyers, you can use that success to persuade others. Collin Mitchell Links:LinkedIn | LeadiumThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | Facebook | TwitterProducer: MAKO Design + Invent is the original firm providing
Paul Davis is a senior industrial designer at our very own Mako Design for almost 10 years. He achieved Honors status in his degree in Product Design Engineering and Industrial Design at Edinburgh University. Today Paul will share valuable knowledge for inventors, startups, and small manufacturers on the difference between basic CAD and design for manufacturing, why design for manufacturing is so important early in the design process, and best practices for designing a product for manufacturing success.Here are the key takeaways from the episode:Designing products for manufacturing.Cost-effective, good-looking, and high-quality is best!Concept design needs to take into account planning, parts, and logic for how the product will eventually be manufactured.Simplicity in design leads to quality manufacturing.Using manufacturing CAD software to build original CAD models heavily improves the process and reduces cost in both prototyping and manufacturing.Considering how you manufacture your product while building your first full CAD design is integral.There are many manufacturing methods that go into developing a new hardware product.Manufacturing draft angles, tool design, part integration, OEM parts, materials data sets, etc.Industrial design and conceptual mechanical engineering are interconnected.Simple products succeed more often than complex products for new hardware startups developing a new invention idea for the first time for manufacturing.Paul Davis Links:LinkedIn | MAKO DesignThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:
Nikki Lindgren is the Founder and Managing Partner of Pennock, a PPC digital advertising agency specifically for consumer product brands. She has managed hundreds of product sales campaigns online with over twenty million dollars in ad spend per year. Today Nikki is going to share some valuable knowledge for inventors, startups, and small manufacturers on the types of content ads to use on TikTok for selling hardware products, how to use the new TikTok store, best practices in the effectiveness of ads, and the structure of specific content in those ads so that you can sell big.Here are the key takeaways from the episode: TikTok is a platform that can be leveraged immensely. There are tons of TikTok shops in the United States. User-generated content is valuable on TikTok. Low-fi and less fancy assets actually perform well on TikTok. It is easy to start a shop on TikTok for your product. Most of the effort should be focused on the creative aspects. How many seconds of someone’s TikTok ad are the audience watching? Think about remarketing based on how people interacted with your original product TikTok ads. $20 per day is the minimum ad spend on TikTok. The bigger players are trying a bunch of different hooks. Try selling 4 to 7 different types of assets to find out which form of paid advertising for hardware products on TikTok works best for you. The structure of a good TikTok ad for an invention are the hook, the message, then the offer. It is imperative to follow Ad rules on TikTok. TikTok has an extensive creator platform. Spark ads on organic first, then use the ads to push over to that long organic content. Nikki Lindgren Links:LinkedIn | PennockThe Product Startup Podcast Links:https://www.ProductStartup.com/Instagram | LinkedIn | Facebook Page | Facebook Group | Pinterest | Twitter | YouTubeMako Design Links:https://www.makodesign.com/YouTube | Instagram | LinkedIn | Facebook | Pinterest | TwitterKevin Mako Links:Instagram | LinkedIn | Quora | Facebook | TwitterProducer: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop-shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We...
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Pilates Unplugged

Great episode. Thank you

May 11th
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