Wondering if the more experienced Fastlaners can help a fellow hopefully future Fastlaner.
I just received my samples from the tooling I made. It's a knife that comes with a removable thumb part. ((www.safecutknife.com if you want to see exactly what it is) I want the knife to come in 3 different sizes (obviously the better fit it has the more comfortable it will be) The tooling I paid for, is the medium size.
the QUESTION IS, should I just start by selling only the medium size? And see how the people respond to the product in general? Does it sell?
OR, do I make at least one more size (cost $3,200.00) which will be the better fit for most of my potential customers (product responds better in the female crowd) So at least I have 2 sizes.
IMPORTANT to know, that this product didn't do well on the Kickstarter platform, and I continued to pursue it anyways for 2 reasons. Firstly, even though it's not great news that it didn't get funded on Kickstarter, it's still doesn't mean that it can't do well online and retail, and I still believe (And others as well) that it's a good product that perhaps will not sell millions but it will sell.
So.... Less risk (Of loosing also $3,200) VS if I'm going for it at least give it your best shot
Sorry it's long but I wanted to give you the full story.
I just received my samples from the tooling I made. It's a knife that comes with a removable thumb part. ((www.safecutknife.com if you want to see exactly what it is) I want the knife to come in 3 different sizes (obviously the better fit it has the more comfortable it will be) The tooling I paid for, is the medium size.
the QUESTION IS, should I just start by selling only the medium size? And see how the people respond to the product in general? Does it sell?
OR, do I make at least one more size (cost $3,200.00) which will be the better fit for most of my potential customers (product responds better in the female crowd) So at least I have 2 sizes.
IMPORTANT to know, that this product didn't do well on the Kickstarter platform, and I continued to pursue it anyways for 2 reasons. Firstly, even though it's not great news that it didn't get funded on Kickstarter, it's still doesn't mean that it can't do well online and retail, and I still believe (And others as well) that it's a good product that perhaps will not sell millions but it will sell.
So.... Less risk (Of loosing also $3,200) VS if I'm going for it at least give it your best shot
Sorry it's long but I wanted to give you the full story.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
