Category Archives: Operations
How To Set The Introductory Price For Your Product When Crowdfunding
Setting a price for a new product isn’t easy and has been an area where many hardware startups have struggled. You want to be able to get funded and cover your costs of getting the product manufactured and delivered to … Continue reading
Too Much Shrimp, or, The Curse of the MOQ
Anyone who’s ever stepped into a Costco is familiar with the concept behind a “Minimum Order Quantity” (MOQ): “Buy 10 or more for 10% off”. And while you might be tempted by ten pounds of Cap’n Haddock’s Spicy Teriyaki Shrimp, … Continue reading
Manufacturing Cash Flow for Hardware Startups
You just successfully crowdfunded your hardware product and you finally have some revenue in the bank. Congratulations, things are looking up. However, I am sure like most hardware entrepreneurs you didn’t spend countless hours developing your product just to get to … Continue reading
