A new year is here, and many of us are re-energized to build a business and work on our personal independence. I’m part of that group too. I have been lucky enough to help out some of you this past year. But my own efforts were limited during the fall. Just like most people, […]
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Product Example: Vinamor Wine Aerator
Wine Aerator as seen on Shark Tank: Vinamor This is a product example that I saw on the TV show Shark Tank. It’s the development of service industry professional Gary DeJohn. It is designed to sit on top of the glass while the wine is being poured. First, the metal strainer removes any bits of […]
Question Answered: Why is SolidWorks preferred over AutoCAD for 3D Design?
Question: Why is SolidWorks preferred over AutoCAD for 3D Design? Answer: AutoCAD is normally associated with 2D drawings (manufacturing, architecture, electrical schematics, piping diagrams, etc.) But newer versions of AutoCAD do have 3D capabilities. AutoCAD is the industry preferred solution for these 2 dimensional tasks and is the most capable of the programs out there. […]
The Three Traits of a Winning Invention
The Three Traits of a Winning Invention By Stephen Key As an aspiring product business owner, one of the authors you should read and follow is Stephen Key. Most of his ideas and pieces of advice are directly geared towards licensing your ideas – which is also a good business model for physical products. I’ve […]
Sugru – Advanced Material for Creating Prototypes
Sugru: Great for Prototyping and mock-ups Sugru is a material that I recently found and it appears to be a great one to pick up for prototyping. Though you could form your entire product from this stuff, that may not be the best approach. The easiest way to describe this stuff is to copt and […]
Product Idea Generation
Product Idea Generation: The very first step At the very start of your journey you have to go through product idea generation. Sure it’s nice to know more about the entire process while you are working on your ideas, but it’s much better to choose an example product for this process. And if you are […]
Product Design Approach
Product Design – Turning your idea into a functioning design. It is now time for some product design since you have defined your idea, determined the benefits that it will present to your customers, as possibly even sketched out some ideas on a napkin or back of an envelope. Going through the product design process […]
Domestic Manufacturing: The Insourcing Boom
How to take advantage of The Insourcing Boom I recently read an article on GE’s appliance manufacturing Insourcing Boom. The narrative of the story follows the path of GE moving assembly of some of its appliances back into the USA. That is, high-tech, complicated appliances with design lives of about two years before a rapid […]
Introduction to the Product Business Lifestyle
What is the Product Business Lifestyle So you have read the 4-Hour Workweek (4HWW) and have decided that the physical product business lifestyle is for you. Maybe you’re learning about internet marketing, already have digital information products out there, and now want to get into something more tangible. Or perhaps you have noticed a hole […]
Question Answered: What is a Niche Product
What is a Niche Product? A niche product is one that is simple enough to have design, prototyping, manufacture, marketing, sales, and shipping all handled by only a few people. They are tailored towards a specific market and have to be in a specific price window. This pricing has to be right for people to […]
Product Design Process – Initial Glimpse
Here is your first glimpse at the product design process steps required to move a physical product from the idea stage to being a real item for sale. The length of time it takes for you to run through this precess really depends on the amount of time you can devote to this project every […]