Low volume tooling is typically lower cost in terms of investment, but lower production capacity and higher unit cost. Gets you to market faster with production units. High volume tooling is more expensive – longer lead time, but more capacity and lower cost.
For new ventures, it usually makes sense to do low volume tooling first, [...]
Start ups are always trying to be innovative, but the resource and expertise trade off can be difficult. Check out Flashpoint Development’s Managing Partner Tucker Marion’s recent speaking slides during his trip to England. The talk shows how you can utilize agile, rapid prototyping and other new tools to outsource innovation and accomplish your start-up [...]
Managing Partner Tucker Marion will be presenting his new research on start-up innovation outsourcing at the Research and Development Management Conference in Manchester, England between June 30 and July 2. For more information on the conference please visit: http://www.rndmanagement.info/. The research paper, “Outsourcing Innovation: A Guide for Start-ups”, focuses on lessons and best practices for [...]
During conceptual design of your product, cost engineering is essential. Once main obstacle that new ventures face is the cost of your product versus desired selling price. Volume can have a huge impact on this. For the gBook e-book reader, you’ll note the cost reduction in total cost from low volume [...]
Check out this interview with Tucker Marion, the Managing Partner of Flashpoint Development as he discusses his academic and industry perspectives of bootstrapping, team building and product development.
Tucker Marion Interview from Tom Ermolovich on Vimeo.
Inventors, entrepreneurs, and new ventures are always looking for an exit strategy for their idea. Do I sell my company? Am I an IPO candidate in the future? While those questions for the fortunate few may be asked after several years of sustained, continuous growth – there are two import ‘exit’ questions, which face the [...]
iShovel: Early Stage Automated Robotic Snow Shovel
Ever wonder what life would be like if you didn’t have to shovel your driveway? What If you didn’t have to pay someone to shovel your driveway? In the not so distant future, the iShovel may be coming to a store near you. This battery powered shoveling device [...]
Many people and companies assume that when a product is designed and engineered that the product development process is complete. That is most certainly not the case for physical assembled products – and not expecting this fact can be very frustrating for the inventor and start-up. The product development process continues with production tooling through [...]
Tucker Marion Presents Case Studies in Santa Cruz, California
Late in 2009, Tucker Marion along with other authors from Northeastern University presented three case studies at the 2009 North American Case Research Association annual meeting.
http://nacra.net/meeting2009/
The three case studies are designed to drive research and curriculum development in the area of technology venture development. The idea [...]
Logos can make your brand stand out, but how do they get that way? How do inventpreneurs go from ideas, descriptions and emotions to a final product? The featured development of our logo will show you.
The process theory revolves around iterative designs based on refinement and feedback. The process begins with a description [...]