Every business idea requires significant financial stability. Business owners must attempt innovative means to seek investors upon exhausting the benevolence of every family member and friend to secure the funding…
Starting a project comes with various hurdles, and finance is the most crucial. Whether you are a tech-savvy person, engineer, or just somebody with a grand idea for a project,…
A well planned and executed crowdfunding campaign is a powerful tool in an entrepreneur’s toolbox. Without a global pandemic entrepreneurship can be a challenge, but COVID-19 has certainly thrown the…
Ideally, marketing your hardware product should come before your product launch. You want to find and connect with your target market as early as possible. “Early” often means before your…
Failure is hard and certainly no one goes into building a startup thinking that they are going to fail—however, it happens. While failing is in no way enjoyable, that doesn’t…
Crowdfunding can help hardware startups launch not only a product, but an entire company. The power of “the crowd” is strong and can be a great asset for entrepreneurs. However,…
As the popularity of crowdfunding has grown, hardware startup entrepreneurs in particular have found success tapping into ‘the crowd’ and moving their products from concept to shelves. A successful crowdfunding…
Building a hardware startup is not for the faint of heart. In an ideal world, we would be able to eliminate all risk and guarantee ourselves success—since that isn’t possible,…
“Failure should be our teacher, not our undertaker. Failure is delay, not defeat. It is a temporary detour, not a dead end. Failure is something we can avoid only by…
Each stage of launching a hardware startup comes with its own set of challenges. While the challenges are unique for each business and each industry, below are the top three…