6 Strategies to Get Your Product Developed

Predictable Designs Podcast · 4 May 2020 · 25m · Episode 17

What this episode covers

John Teel, host of the Predictable Designs podcast, outlines six strategies for developing electronic hardware products, ranging from doing it all yourself to partnering with manufacturers. He evaluates each approach based on the founder's technical skills, budget, product complexity, and time-to-market requirements, highlighting the trade-offs between cost, control, and equity. Teel emphasizes that while hiring a design firm offers project management relief, it is expensive and may alienate investors, whereas partnering with a manufacturer like those on Alibaba can accelerate development for incremental innovations but carries IP risks.

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