http://www.latimes.com/business/la-fi-0109-ces-startup-golden-age-20140109,0,6173000.story
This article notes the increase in start ups in consumer electronics hardware due to the falling barriers of entry. In his Insider thread Vigilante points out the many disadvantages of entering this space, but the changing landscape may make this sector more attractive.
Here are some factors the article stated:
http://www.misfitwearables.com/
http://www.modrobotics.com/
http://www.panono.com/ballcamera/
http://iblazr.com/
This article notes the increase in start ups in consumer electronics hardware due to the falling barriers of entry. In his Insider thread Vigilante points out the many disadvantages of entering this space, but the changing landscape may make this sector more attractive.
Here are some factors the article stated:
- Falling cost of components
- Crowd-funding (KickStarter/Indiegogo)
- Inexpensive manufacturing
- Ability to piggyback off mobile platforms such as smartphones to create a low-cost device
- Consumers more open to buying things that aren't from a big brand
- Increase in boutique manufacturing operations that have sprouted up across the U.S. and Asia that offer low-cost options for building small batches of new products
- The rise of powerful, inexpensive 3-D printers, which allow for rapid prototyping of products
http://www.misfitwearables.com/
http://www.modrobotics.com/
http://www.panono.com/ballcamera/
http://iblazr.com/
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?
