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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…
Product Design: Think Simple, Start Small
When it comes to product design, the notion that you need to go big from the onset is a fallacy—to build a successful product, start by thinking small and simple.…
Hardware Startups: Increase Chance for Success by Reducing Risk
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,…
Hardware Startups: Overcoming Failure to Find Success
“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…
The Top 3 Challenges Between Launching & Scaling Your Hardware Startup
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…
Hardware Startups: Defining Your Niche Market
Launching hardware startups, or any type of business for that matter, is a gamble—but defining and finding your niche market doesn’t have to be. Knowing your niche market is one…
The Upside & Downside of Crowdfunding for Hardware Startups
With the exponential growth of crowdfunding, hardware startups are finding it easier to raise funds and launch their product into the marketplace. For instance, on Kickstarter in 2015, the amount…
The True Cost of Bringing Your Hardware Product to Market
Underestimating the costs of bringing a product to market is a pitfall many entrepreneurs make. This one mistake can seriously derail a startup. Hardware products are notorious for being costly,…
Startup Connector: Hardware Is Hard—Don’t Let That Deter You
It’s true, hardware is hard, but the reward you get from launching a successful product makes the journey well worth it. Inventors and entrepreneurs are always looking for ways to…
Market Testing Is Vital For Hardware Startup Success
Successfully launching a product is one of the best feelings in the world—you have nurtured an idea, spent time developing it and now it is in the hands of consumers.…