Product Manufacturing: Are You Ready?

November 03, 2016 by Jennifer Catalan

 Photo Credit: FreePik

That idea that was scribbled on a napkin late one night or that popped in your head one morning in the shower is finally ready to come to life. You have discovered an amazing idea for a product and you’ve done some research. It’s clear this product needs to get in the hands of thousands, possibly millions of people. You’re past the initial idea phase, maybe you even have a working prototype you’ve proudly shown off to potential buyers. But where do you go from here? Are you ready for product manufacturing now? 

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Filed Under: Product Development, Entrepreneur, Start-Ups

15 Awesome Sites Every Entrepreneur Should Check Out

August 30, 2016 by Mary-Kerstin Hassiotis

Are you planning to start your own business, but you're not sure you have all the tools you need to make the leap? Look no further – we've done (some of) the work for you. Below is a list of 15 awesomely useful sites every entrepreneur could benefit from. From mentor-matching sites to podcasts about work-life balance for startup founders, we've got your top 15 resources on deck.

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Filed Under: Entrepreneur, Start-Ups

The Power of Private Labeling

June 23, 2016 by Mary-Kerstin Hassiotis

Private labeling is on the rise as companies attempt to improve their bottom lines and create loyal customer bases. According to the latest data from Nielsen, total sales of private label products were a whopping $115.3 billion in 2014.

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Filed Under: Contract Manufacturing, Entrepreneur

5 Questions an Entrepreneur Should Ask Before Quitting His Day Job

October 07, 2015 by Andy Reese

Thanks to the show Shark Tank (@ABCSharktank), people with ideas have been looking for a way to make it big. So many great ideas arise every day and, while not every one of them will succeed, you can be sure that a few will. Knowing that a handful will find success gives us hope that our ideas might too!

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Filed Under: Product Development, Entrepreneur

5 Things to Know Before Submitting a Product for a Certification Mark

September 17, 2015 by Mary-Kerstin Hassiotis

If you are producing goods that need to meet specific safety criteria (flame retardancy, durability, etc.), you will need to submit your product to a third party testing lab to ensure it meets the applicable safety requirements. Before we jump into the 5 things you need to know before submitting a product for a certification mark, we’ll cover some basic questions you might have about the product safety certification process and options that are on the table.

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Filed Under: Product Development, Entrepreneur

15 Killer Resources Every Inventor Should Know About

August 18, 2015 by Mary-Kerstin Hassiotis

Do you have an idea for a knockout product, but you're not sure you have all the tools you need to make your idea come to life? Look no further – we've done (some of) the work for you. Below is a list of 15 resources every inventor should know about. From crowdfunding sites to 3D rendering and printing sources, we've got you covered. 

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Filed Under: Product Development, Entrepreneur, Start-Ups

How to Implement the PDCA Cycle (Plan-Do-Check-Act) [Free Template]

August 04, 2015 by Mary-Kerstin Hassiotis

Continuous improvement is something all companies (should) strive for but many treat as an abstract concept. To actually achieve a level of continuous improvement, you must have a plan in place – something you can put on paper, execute, evaluate and repeat.

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Filed Under: Business, Entrepreneur

Shark Tank: What Manufacturers See that You Don't

July 16, 2015 by Andy Reese

ABC’s TV show, “Shark Tank” averaged over seven million viewers per week for this, its 6th season!  Whether you love the concept or enjoy watching Lori, Barbara, Robert, Daymond, Mr. Wonderful, or Mark Cuban either build or shatter dreams, the reality is that people enjoy watching everyday products get the opportunity to grow big time.

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Filed Under: Entrepreneur, Start-Ups

3 Tips to Grow an Early Medical Device Company

June 16, 2015 by Andy Reese

I was recently asked how a manufacturing company can help small VC-backed medical device company scale to meet distribution, revenue, profitability, growth targets, while minimizing business risks (Capex for facility and manufacturing) to meet sales demand. 

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Filed Under: Medical, Entrepreneur

26 Do's and Don't's for Creating Value in a Startup Business

March 31, 2015 by Andy Reese

Today we have a featured special guest post by Mr. Marty Wynkoop. Mr. Wynkoop is the current Entrepreneur in Residence at the University of Florida, School of Engineering. He has decades of experience in the medical biotech industry and has contributed to the success of several startup companies. 

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Filed Under: Business, Entrepreneur