Is it a good idea to outsource building a prototype for my startup product. Are you in a dilemma about whether it would be the right decision?
Each product starts with an idea. Whether it is written on the back of a scratched napkin or mixed together on the basement floor. But bringing this idea into a fully functional, marketable prototype takes time, money a few expert opinions. You may want to send an idea to a prototyping developer or hire some of your engineers.
If you are a consulting business, you will have to do your homework to get the best results. Suppose you are purely non-technical and have extremely deep expertise in the field. If you do this with an outsource company, you have still chances to fail. We would not recommend using an outsourcing product company to compile the prototype.
There are many fundamentals of getting the product fit. It is the first stage for any manufacturing company that is trying to do this report. If you don’t create a product and someone else is planning that, you may fail. Usually, in a product development outsourcing environment, product developers are always different people.
In this video, Prasanna Krishnamoorthy is talking about outsourcing building a prototype. Prasanna has some very deep insights into the same. He discusses with us the pros and cons of using an outsource building a prototype.
Answered by Founders, CEOs, Mentors, and those who are part of the Indian Startup Ecosystem We have handpicked not just a few but hundreds of questions just for you. A definitive startup manual might be non-existent so therefore we have the FAQs covered. Startup 101 is a series of videos in which Prathibha Sastry asks the experts various questions related to the startup world. These topics will help you to improve yourself and keep growing throughout your startup journey.