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How to Run a Hardware Startup
The document discusses hardware startups and lessons learned from working with over 700 startups. It notes that hardware startups aim to take physical products to full scale production. It highlights global interest in hardware and makers from leaders like President Obama and China's Premier Li. Major players like Intel and Apple are investing in hardware and wearables. Hardware startups face many challenges from ideation through distribution. Events, communities, incubators, crowdfunding, and distribution channels can help hardware startups. Being ready to pivot and focusing on niche markets are also advised. The hardware revolution is ongoing.
How to Run a Hardware Startup
- 1. Hardware Startups The BigPicture and Lessons Learned Greg Fisher Founder, BSG www.linkedin.com/in/gregfisher
- 2. Hardware Startup = Astartup whose aim is to take a physical product to full scale production
- 3. Turnkey Manufacturing inChina for Hardware Startups www.berkeleysg.com
- 4. Act as yourChief Operating Officer www.berkeleysg.com
- 5. From DFM toQualified Product shipped to your Warehouse www.berkeleysg.com
- 6. Worked with 700+Startups www.berkeleysg.com
- 7. www.berkeleysg.com Building a GlobalHardware Community
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- 9. Global Leader Interest PresidentObama held the first ever White House Maker Faire in 2014 He aims to: • Help makers launch new business to create jobs • Expand the number of students to have opportunity to become makers • Challenge Makers to tackle our most pressing problems
- 10. Global Leader Interest PremierLi Keqiang of China visiting A maker space in Shenzen He stressed the importance of Innovation on the development of the Chinese Economy
- 11. Major Players inHardware Intel and Apple have been making big plays recently in the Hardware and Wearable Tech Space • Acquired Basis Science • Collaborated with with Opening Ceremony and Fossil on multiple wearable devices • Launched Curie its Wearable Platform • Acquired Beats for $3 Billion • Recently launched the Apple Watch
- 12. Hardware is aGrowing Market Global Wearable's Revenue & Forecast ($bn)
- 13. Crowdfunding Spotlight Crowdfunding DollarsRaised Q1 2015
- 14. Crowdfunding Spotlight Coolest Coolerraised $11 Million on Kickstarter Prynt Case raised $1 Million on Kickstarter
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- 16. Hardware is Hard First,there is IDEATION
- 17. Hardware is Hard Design Engineering Prototyping Funding MarketValidation Tooling Manufacturing Quality Control
- 18. Hardware is Hard Packaging Safety Durability IntellectualProperty Certifications Shipping Fulfillment Branding
- 19. Hardware is Hard Distribution Retail CustomerService Returns
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- 21. “Rework or redoonly, there is no try”
- 22. Hardware Startup Success Marketing DesignFunding Manufacturing
- 23. Build the RightTeam
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- 25. Events for HardwareStartups www.meetup.com/East-Bay-Hardware-Startup/ http://solidcon.com/internet-of-things-2015 http://www.hardwarecon.com/
- 26. Events for HardwareStartups http://makercon.com/ www.wearableworld.com http://techcrunch.com/events/disrupt-sf-2015/
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- 28. Incubators and Accelerators www.highway1.io www.lemnoslabs.comwww.haxlr8r.com www.tandemcapital.com
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- 33. The Bottle Be Readyto Pivot
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- 35. Tappur Drumpants Be preparedfor manufacturing
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- 37. Niche markets Are greatfor startups Brite Tap
- 38. www.berkeleysg.com The Hardware Revolutionis Happening
- 39. Hardware Massive www.hardwaremassive.com Sign upat Hardware Massive is an exciting new platform that allows everyone in the hardware ecosystem to meet, learn and collaborate at events all around the world. Find a chapter near you on our chapters map or apply to start a chapter.
- 40. Thank You! Connect withme Greg Fisher www.linkedin.com/in/gregfisherbsg Twitter: @berkeleysg