The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

So I have an idea..

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS.

ChrisGav

Silver Contributor
Speedway Pass
Feb 15, 2019
179
543
240
23
Greenville, South Carolina
I found an idea that's fairly simple but I want to give it a shot and implement it. What steps do you take? the prototype is probably something I can roughly make on my own but after that what steps do you take? I assume, patenting, then manufacturing, then distribution but how do you go about this?
 

WinYourself

Bronze Contributor
Aug 11, 2013
50
149
125
the prototype is probably something I can roughly make on my own but after that what steps do you take? I assume, patenting, then manufacturing, then distribution but how do you go about this?

Get sales and test demand before you do anything of this.
 

RazorCut

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
May 3, 2014
2,030
7,117
1,736
Marbella, Spain
A provisional patent is cheap enough but a full blown patent is another thing entirely. Usually not worth the costs unless you have something special.

I’d make some prototypes until I was happy then either get one 3D printed or get some realistic 3D images created. Grab a Google Ads voucher, make a quick sales page and see if you can sell some (you don’t need a payment processor, you just need to see if you can get people to hit an ‘add to cart button’).

That will verify if there is a need and whether people are prepared to part with their money. You can then decide what to do once you get some feedback.
 

ChrisGav

Silver Contributor
Speedway Pass
Feb 15, 2019
179
543
240
23
Greenville, South Carolina
I see. I've found a similar product on amazon. Not quite the same but it fills the same need. Kind of discouraging to find. Was thinking of looking at negative reviews and changing what some people complained about. Thoughts?
 

RazorCut

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
May 3, 2014
2,030
7,117
1,736
Marbella, Spain
I see. I've found a similar product on amazon. Not quite the same but it fills the same need. Kind of discouraging to find.

Actually that’s a good thing. It’s highly unlikely you’ll come up with something totally unique. If someone is already out there marketing something similar and you can see it’s getting sales then they have already validated it for you.

Time to crack on with your prototypes.
 

Sponsored Offers

MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Hi - I sent out some emails with the updates but I'll PM you now also, thanks. The issue is...
  • Sticky
MARKETPLACE NEW: The Best School for Going Fastlane (Now open for summer enrollment)
Read the free book, some excellent insights. I also did the website quiz and I did a visual on a...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
Hi Fox. Starting the book and got through the introduction. Had a conversation with Andy Black...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Chris is super sharp and is aware of many facets of entrepreneurship and can help get your...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...

Forum Sponsor

Learn Fastlane Business Skills & Get Profitable Within 30 Days...

Get Started Now

New Topics

Fastlane Insiders

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

Join Fastlane Insiders.

Top Bottom