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Just like medical devices or military hardware don't cost X to manufacture the cost is in the degree of certification required. Your MVP might look like it does
by cmdkeen 11y ago
Just like medical devices or military hardware don't cost X to manufacture the cost is in the degree of certification required. Your MVP might look like it does all the same stuff but it is about proving things like mean time between failure, climatic conditions it can operate in etc.
- downandout 11y agoIn this case, any up-front costs, such as certification and R&D, can be amortized over each unit sold in the dramatically expanded market. If the market suddenly goes from a few thousand units per year to a few hundred thousand, the contribution that each unit sold must make to recoup up-front costs gets very close to zero.