Product Startup cover image

116: How to Turn an Invention into a Product Business

Product Startup

00:00

Start a Company From Your Basement. You Do Not Need Ther Overheads to Start a Company

I highly advise launching your company mor basement every time. A lot of initial inventors want to go straight to home depot or straight to warmart and think that's the only avenue to be mass market. When you work with the bigger brands, they require you to make a lot less money per unit ecause they want to sell it for next to nothing. Most innovation fails when it gets to the point where the consumer uses it for the first time. You do not need ther overheads to start a company. I'm a huge fan of short run manufacturing,. Even if it's adactive, which is expensive per unit. But for the first run, or even two runs, for the

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app