“Either you did it or didn’t do it.” Sounds like Yoda, but these are the words of Sam Gupta; he’s twice as wise as you’ll soon find out on his WBSRocks podcast. Recently, Sam invited Kevin to the podcast and asked him to share the technologies and strategies that helped him grow MAKO’s Design from coast to coast in North America. He also provides great insights on how invention makers grow businesses by following a similar trajectory by keeping up with the latest trends in our industry.
Sam is the is Principal Consultant at ElevatIQ, a digital transformation consulting firm. They focus on business process automation and the implementation of enterprise resource planning, human capital management, and customer relationship management. They help invention makers grow businesses by implementing these systems to help transform businesses and assist with their digital needs.
The WBSRocks podcast is all about growth. We mentioned earlier in the year that the idea is only one part of running a successful business. We talked about the business model and the timing of the idea, and other key pillars that may help your business grow. Sam shares the same outlook. More and more, businesses are learning about various SaaS products and technologies to help them grow and scale. And while many business owners will have high growth expectations, it doesn’t always happen that way. Sam’s goal in his podcast is to share the stories of these businesses that have attempted to leverage emerging technologies and systems, whether they’ve been successful or not.
Growing Your Business By Mitigating Financial Risks Through Experimental Design and Additive Manufacturing
Noticing MAKO’s explosive growth across North America in the last few years, he became curious about the new technologies and processes. So he invited Kevin to share his story of success and how can other hardware product businesses grow and get inspired by these disruptive trends.
In this episode, Kevin will be guiding invention makers who want to grow their businesses through two emerging trends. These trends will help hardware product developers mitigate financial risks. These are experimental design and additive manufacturing. Specifically, Kevin will be answering the following questions:
- What does growth mean for MAKO?
- What are some financial risk mitigation strategies MAKO uses?
- How can traditional manufacturers replicate some of these strategies?
- What is a short production run and what technologies are currently available for manufacturers to achieve this?
- How do these technologies disrupt standard workflows and how can manufacturers position themselves to ride this wave?
For Kevin, the key for invention makers who want to grow their business is to ensure they have an innovative information intake process across all teams. And not just from the engineers or designers, but from all your other departments too. To learn more about this, listen to the episode here.
About: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop-shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and manufacturing services. To assist our startup and inventor clients, in addition to above, we help with business strategy, product strategy, marketing, and sales/distribution for all consumer product categories. Also, our founder Kevin Mako hosts The Product Startup Podcast, the industry's leading hardware podcast. Check it out for tips, interviews, and best practices for hardware startups, inventors, and product developers. Click HERE to learn more about MAKO Design + Invent!