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Felixm

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Read Millionaire Fastlane
Dec 1, 2020
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Hello guyz, i just identified a need, and it involves designing a programmable gadget that would serve the market needs, my question is how did you guyz come up with the products, did you license your ideas to a manufacturing company after which they manufactured and designed for you or you chose to make it for yourselves given that you don',t have the expertise in that fie
 

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Lyinx

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Oct 28, 2019
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Hello guyz, i just identified a need, and it involves designing a programmable gadget that would serve the market needs, my question is how did you guyz come up with the products, did you license your ideas to a manufacturing company after which they manufactured and designed for you or you chose to make it for yourselves given that you don',t have the expertise in that fie
find a local mfg facility and meet the owners (in person, not over emails) ask to see their mfging facility, describe (in general) how your product works.
ask if they would be interested in working together to make it, or if they would suggest someone else.
if they are interested, then show them your sample/idea and ask for improvements and/or suggestions.
if they are still interested, discuss prices/volume/batches/ whatever works best for their work flow - don't forget to discuss leadtimes

NDA : not needed in most cases, but your lawyer would probably tell you do it
Patents: ditto, and often cost a lot of money, and you can't change the idea (you'd have to get a new patent to over the new idea, because it changed slightly, so you rather make the old model with the old patent, and then in 5 years you get surprised when someone makes a new pattern that invalidates your outdated patent)

I HATE patent, sorry/not sorry for the rant...
 

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