• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 50,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

EXECUTION When to Pivot?

Discussion in 'Progress/Execution Threads' started by Doc Brown, Mar 17, 2019 at 10:23 AM.

  1. Doc Brown
    Offline

    Doc Brown New Contributor Read Millionaire Fastlane

    Messages:
    7
    Likes Received:
    18
    Joined:
    Mar 13, 2019
    Gender:
    Male
    Rep Bank:
    $92
    Hey all,

    I'm hoping to generate some discussion and get some feedback on decision making in the process of product/business system creation.

    Currently I have an idea for a gadget call it "The Awesome Machine". I've been learning CAD and trying to build a PoC (proof of concept). One tool I thought would be very helpful is a 3D printer. However, I've spent the last 2 months and several hundred dollars trying to learn the art of 3D printing with no useful results. I'm thinking I should abandon the idea of printing prototype components myself and use a printing service like shapeways.com. Here's my pros/cons:

    Pros:
    • Unblock my progress on building The Awesome Machine
    • Get higher quality results for the parts I design
    • Focus on priorities
    • Save time
    • More dependable
    Cons:
    • 3D printing is valuable skill and learning experience (especially for the tinkering I'm doing)
    • I have to wait on a service for turnaround on my prototype work
    • I trust some of my IP (intellectual property) to a third party
    • I forgo some potentially valuable learning
    What are your thoughts?
     
    Ernman likes this.
  2. Doc Brown
    Offline

    Doc Brown New Contributor Read Millionaire Fastlane

    Messages:
    7
    Likes Received:
    18
    Joined:
    Mar 13, 2019
    Gender:
    Male
    Rep Bank:
    $92
    It just occurred to me MJ's Weighted Average Decision Matrix would be helpful here. I'll post mine work up of it later today.
     
    Ernman and Mr. Roboto like this.
  3. Ernman
    Offline

    Ernman Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    111
    Likes Received:
    156
    Joined:
    Feb 8, 2019
    Gender:
    Male
    Location:
    Florida, USA
    Rep Bank:
    $834
    From this I take it you have not invested in the printer itself? I'm a big fan of learning. But this forum has many stories of those who let "learning" become an action fake. Doc Brown has a good idea and I look forward to seeing his example. In the mean time, I'd ask myself if I really need to learn this skill in order to move forward.
     
  4. NMdad
    Online

    NMdad Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    293
    Likes Received:
    517
    Joined:
    Aug 6, 2017
    Gender:
    Male
    Location:
    New Mexico
    Rep Bank:
    $3,093
    There's actually a 3rd option, which I think is better: get access to someone else's 3D printer. For example, high schools, community colleges, universities, maker spaces, or even just people in your town--anyone who already has a 3D printer.

    Even if you have to pay a small fee to use it, it'll still be less expensive than buying your own. And some of those places will provide training/classes to learn how to design & use it.

    And, you'll be able to learn how to use it.

    Since you're building a proof-of-concept, you'll probably need to iterate the design (i.e., version 1, 2, 3, etc.). At this stage, learning to do the design & fabrication yourself will give you valuable skills if you decide to have someone else refine & fabricate the components.

    If you outsource design & fabrication from the outset, it might be hard to communicate all the details & nuances to the designer, and you may end up having to pay them much more than you initially budgeted, given the multiple iterations you need.
     
    Doc Brown and Ernman like this.
  5. Ernman
    Offline

    Ernman Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    111
    Likes Received:
    156
    Joined:
    Feb 8, 2019
    Gender:
    Male
    Location:
    Florida, USA
    Rep Bank:
    $834
    Very good idea
     
  6. Doc Brown
    Offline

    Doc Brown New Contributor Read Millionaire Fastlane

    Messages:
    7
    Likes Received:
    18
    Joined:
    Mar 13, 2019
    Gender:
    Male
    Rep Bank:
    $92
    Thanks for your feedback guys. @NMdad that's a really good idea. FYI @Ernman I bought the 3D printer already. After thinking it over and using WADM here's what I came up with:

    Decision Factors & Weights
    • Complete prototype = 10
    • Level of control = 7
    • Cost = 5
    • Knowledge gain = 6
    • Health side effects = 7

    DIY Score: (208)
    • Complete prototype = 3
    • Level of control = 10
    • Cost = 4
    • Knowledge gain = 10
    • Health side effects = 4
    Outsource Score: (227)
    • Complete prototype = 8
    • Level of control = 5
    • Cost = 5
    • Knowledge gain = 4
    • Health side effects = 9
    So outsourcing this work wins with a score of 227. I see DIY as becoming a substantial distraction from the goal of the project and requiring me to be doubled over my workbench breathing stinky molten plastic fumes for hours on end. It would be a great learning experience but not essential to the project. Paying someone else loses control but save me time and likely money in the long term.

    @NMdad makes a great point though that I don't have to use a service like Shapeways. In fact here's my path forward. I'm gonna take the printer and equipment I bought to my local Maker Space and offer it to them in return for a free membership and some classes. If they don't want it I'll consider their pricing vs. using some other local entity like the Library.

    This would give me some of the learning without all the headache of setting up and running the tools all by myself. It also is a compromise in control because I'm using someone else's tools and training but keeping my hands on my designs/IP. Again, thanks all!!
     
    Ernman likes this.

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page