Easy Ways Sink a Hardware Startup
News Source : Hackaday
News Summary
- While hardware startups are unique, there are basic business realities that still apply because the hardware itself is only one part of a whole.
- One of the worst things to be stuck with is a product that everyone likes, but nobody wants to buy.
- Anyone who wants to have a hardware startup should read “The Four Hour Workweek” by Timothy Ferriss.
- Once your product is well and the business is running smoothly, that’s the time to decide whether warehousing and shipping is better done in-house.
[Ryan Walker] may have written up his observations a few years ago, but the lessons are just as relevant today as they were back then. He shares five easy ways to sink your hardware startup.
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