What I love about hardware startups is their willingness to take on and transform dauntingly complicated industries. Until recently, manufacturing had been almost exclusively the domain of big companies that can afford to build at scale. Now, these makers are turning the tables and showing the value of being both adaptable and close to your customers.
I agree. From talking with many hardware startups the momentum is definitely there. I often talk about this as we are now where we were in the 80’s 90’s when software development and computing was transforming from being obtainable only by big companies with deep pockets to everyone who has a PC can now code to create a program that is of value.
Hardware is very different than software. You can not develop a hardware product in a few days to a week. It takes time, patience, and more capital. It requires more relationships that last for a longer period of time.
There are still many hurdles to over come such as:
- How do we make the product development process streamlined or lean?
- How do we integrate in design for manufacturability into the process from the beginning?
- Where is the book of the shelf that people can go to with out a degree in supply chain management to learn how to talk to the factory?
- And funding…Will funding for hardware startups get easier over time?
There are a lot more questions to be asked and answered in this journey. I can’t cover them all here. In the future, I will write more about the process of hardware development. I am going to tell stories from the trenches. What happened, what didn’t, how we solved the issues and how to approach these things in the future so it does not happen to you.
We have been seeing some great things from our clients. For most of them this is their first business. It is great to see them fill out their first Purchase Order ever. It is a great moment for them and for us.