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Design & Drawing |
WHY DO PEOPLE WASTE MONEY AND STOP BEFORE THEY HAVE BARELY STARTED?Let's face it, not too many people are successful in having their great idea become a reality in the market place. There is hope and an opportunity to greatly increase the chance of success, yet this must happen even before you spend thousands of dollars on patents, which may be a waste of money if your timing isn't right. Denver Vidler, an accomplished Ideas to Market Entrepreneur and Managing Director of Nybro, suggests that money invested in professional drawings and computer modelling, helps clarify your idea, enables accurate manufacturing costs to be established, aids in business planning, saves money on patents and most of all, can provide motivation for potential investors. Nybro can offer a gateway to "Rapid Prototyping", which is a solution for creating a 3 dimensional touch and feel simulated product that can be made from plastic, wav or resin. Nybro also offers research resources to find out if similar concepts or products exist. |
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 An example of $99.00 worth of drawings and 3D model |
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FREE FREEAsk us about our FREE computer 3D solid modelling with drawing services. |
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STEP 1 - SELF WANTS
Do I really want to do it?
STEP 2 - KNOW WHEN TO FOLD IT
Am I prepared to cut my losses (professionally) at any point, even if I think I'm almost there?
STEP 3 - BRIEF
Make a few concept sketches.
STEP 4 - MARKET RESEARCH
Try to find a similar product that already exists. Then try to find out costs, volumes and how it is made.
STEP 5 - RE-EVALUATE
Go back to Steps 1 and 2.
STEP 6 - SELF BELIEF
Accept and be happy that most people will not see the value in your idea to give you money until it's 90% there.
STEP 7 - DON'T CUT CORNERS
Have professional drawings or computers models done to a degree where accurate costings can be done for your product. Don't design around second hand parts.
STEP 8 - RE-CHECK COSTS
Do a cash flow prediction. Include personal living salary if required.
STEP 9 - DOUBLE COSTS
Seek and find realistic costs to manufacture your prototype. Safeguard yourself and budget at least double.
STEP 10 - OFFSET COSTS
Try to find a potential buyer for your first product i.e. if I can build "x", would you buy "x" for "y" dollars?
STEP 11 - DO IT
Commit and make the prototype that hopefully is already sold.
STEP 12 - RE-EVALUATE
Go back to Steps 1 and 2.
Second time around, try to sell the concept with market potential or set up in business for yourself.
Have a simple Business Plan and brochures to assist in marketing your product.
Engineering & Design Ideas to Market Brochure (239kb .pdf)
Engineering & Design Ideas to Market Fee Schedule, Terms & Conditions (89kb .pdf)
Ideas to Market Process (55kb .pdf)
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1/11 Endeavour Drive, Kunda Park, Q, 4556,
Phone +61 (0)7 54767199 Fax +61 (0)7 54769055
Mobile +61 (0)408 732432
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Today is Jul 30, 2010. |
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