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It is certainly true that you can spend this amount of money on a product and not make money on the first 5000 product run. But it is certainly possible to mak
by hansc 11y ago
It is certainly true that you can spend this amount of money on a product and not make money on the first 5000 product run.
But it is certainly possible to make money on such a first batch: Why do you need inhouse EE, ME, DE en Embedded Engeneer for a headphone. Many of these functions can be done by a small design firm or freelancer that you hire for a much smaller fee. In addition, these people do this all the time for different companies and have a huge experience this way and good contats (you can also go with teh bigger firms, but then you probably need the same amount of money).
- Thimothy 11y agoSo... You are a hardware start-up that doesn't actually do any hardware. I recall a guy who got seriously burnt by taking this approach in a kickstarter: he had designed a iPad cover, successfully funded it and then proceed to crash as all his supply chain decided that wanted a bigger slice of that money. He even got sued by some random backer. I think you really need some expertise in what you are trying to build. It has to be really hard doing a decent cost estimation otherwise.