The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Outsource in the US or overseas for Proto-type?

The Entrepreneur's Forum for learning how to build wealth and financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join our forum with more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)

Maggie E

New Contributor
Dec 20, 2017
4
3
50
los angeles
I have a product and am not sure if I should pay a company 5-15k to make a prototype of in the US (no way I can make it myself. Or if I should have someone from oversees make me one? Huge price difference? It's literally a napkin drawing right now.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Walter Hay

Legendary Contributor
EPIC CONTRIBUTOR
Speedway Pass
Sep 13, 2014
3,209
12,766
World citizen
@Maggie E, You should get some quotes in the US before considering having the product made overseas.

I have posted a number of times on this subject and you will see one of my early answers here: GOLD - Sharing my lifetime experience in export/import. Product sourcing specialist.

There are other possibilities such as having different factories in China make different component parts and you have them assembled in the US, if that is practical. In that case you don't disclose to the China manufacturers what the finished product is.

Although my book is primarily about sourcing in China and other countries, just let me know if you need help sourcing in the US. From my first business I have extensive experience in a wide range of manufacturing industries where I operated as a troubleshooter and problem solver, so I might be able to offer you some more ideas.

Walter
 

Maggie E

New Contributor
Dec 20, 2017
4
3
50
los angeles
@Maggie E, You should get some quotes in the US before considering having the product made overseas.

I have posted a number of times on this subject and you will see one of my early answers here: GOLD - Sharing my lifetime experience in export/import. Product sourcing specialist.

There are other possibilities such as having different factories in China make different component parts and you have them assembled in the US, if that is practical. In that case you don't disclose to the China manufacturers what the finished product is.

Although my book is primarily about sourcing in China and other countries, just let me know if you need help sourcing in the US. From my first business I have extensive experience in a wide range of manufacturing industries where I operated as a troubleshooter and problem solver, so I might be able to offer you some more ideas.

Walter
Thanks you for your time and information Walter. I will definitely keep all of your info into consideration. So much involved.
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Must Read Books...

Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore
Top