There is a lot of work needed before an idea can be presented to the world for crowdfunding. New product ideas need to be seen and touched first before their value can be appreciated. That’s what a prototype will achieve.
In most cases, it is best to launch a fundraising campaign once a working prototype has been completed and the costs associated with manufacturing and fulfillment has been established. A working prototype should be the first of your goals.
This is an animated discussion which shows Dylan’s passion for engineering, design, and getting a product through the whole design process from research and visualization to prototyping, manufacturing and logistics.
We discuss why it’s important and what you can do to get the product funded, product certifications, off-shore manufacturing, and long term relationships with your fulfillment partners.
Dylan has had a life long love affair with engineering and how things work and he has leveraged it into an engineering design firm which provides solutions for startups. If you have a product you want crowdfunded, but is still in its infancy stage, this podcast will help clear up what you need to do next.
“You have a whole lot of risk, especially with your timeline when you’re right at the beginning. As you try to mitigate risk as you go along, if that risk mitigation is under the watchful eye of 2,000 people on the crowd funding campaign, it could be a difficult place to operate from.”
Dylan carefully outlines the steps to get an idea moving with a prototype, then on to manufacturing and distribution.