Hello everyone
Aaaand... I hit a roadblock again! I'm at the stage where I would like to create a prototype for a few reasons:
1. find out how much manufacturing will cost and finalize a design that balances cost, appearance, and functionality
2. use the prototype for advertising, in order to confirm the need for the product and start building a customer base
The problem:
This is not going to be free. Yes, I do have the money needed to pull this off, but I'd like to save that for a rainy day. I'm looking at a cost of around 4k to create a prototype, do the necessary photography/graphics/media work, and getting an ad campaign going.
The question is, where would a good place be to get that money? Most Investors and Kickstarter projects involve funding of more mature projects, with larger sums, but I am not there yet. I feel like I am erroneously looking at some kind of mainstream method, without looking outside the box.
Question 2: MJ talks about showing tangible results in order to attract investors, and ditching the business plan, but doesn't really elaborate on the topic any further. Can anyone say from experience what the tangible results could entail? I am planning to build a website, and make the whole thing look big and professional, but surely just a website wont cut it?
I feel like I am getting stuck a lot at this stage - the logistics and manufacturing and engineering is more of my thing, but at this early stage, I mostly deal with marketing and media stuff, but I am slowly plowing my way through.
Thanks!
Aaaand... I hit a roadblock again! I'm at the stage where I would like to create a prototype for a few reasons:
1. find out how much manufacturing will cost and finalize a design that balances cost, appearance, and functionality
2. use the prototype for advertising, in order to confirm the need for the product and start building a customer base
The problem:
This is not going to be free. Yes, I do have the money needed to pull this off, but I'd like to save that for a rainy day. I'm looking at a cost of around 4k to create a prototype, do the necessary photography/graphics/media work, and getting an ad campaign going.
The question is, where would a good place be to get that money? Most Investors and Kickstarter projects involve funding of more mature projects, with larger sums, but I am not there yet. I feel like I am erroneously looking at some kind of mainstream method, without looking outside the box.
Question 2: MJ talks about showing tangible results in order to attract investors, and ditching the business plan, but doesn't really elaborate on the topic any further. Can anyone say from experience what the tangible results could entail? I am planning to build a website, and make the whole thing look big and professional, but surely just a website wont cut it?
I feel like I am getting stuck a lot at this stage - the logistics and manufacturing and engineering is more of my thing, but at this early stage, I mostly deal with marketing and media stuff, but I am slowly plowing my way through.
Thanks!
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