Title: Which comes first…Prototyping or Crowdfunding?
1Which comes firstPrototyping or Crowdfunding?
- BY
- http//www.3D-innovations.com/
2Many entrepreneurs out there have great ideas but
get stuck on their first big leap into action and
ask themselvesShould I prototype my idea or
start crowdfunding first? Should you get started
on a crowdfunding site with a great idea sketched
onto a piece of paper or develop a functioning
prototype to clearly communicate your idea. In
short, the answer is that prototyping comes
first. Having a prototype of your product idea
maximizes your chances of receiving funding. 1.
A prototype shows investors that you are serious.
When you take the time to have a functioning
prototype built you are showing any potential
investor that you are committed to making this
product a success. A prototype also gives you a
chance to refine your idea and make sure that it
is a viable product that can be built (and easily
manufactured at a later date). As you will see on
any crowdfunding website, a product video is key.
Having an aesthetically pleasing prototype to
show off in this video will help your marketing
efforts and allow you to clearly explain and
demonstrate your product.
32. First impressions are invaluable. Having a
prototype not only provides investors with an
idea about your product but it also gives them
insight into you and your business. Investors
want to see that you have thought this through,
you are prepared and ready to execute. The
quality, functionality and overall aesthetics of
your prototype will allow investors to gauge your
commitment and ability to handle future
challenges. 3. Crowdfunding your way to success.
While a prototype will help you raise capital for
your product, it will also help you delve into
product development and manufacturing in a more
streamlined manner than if you were just starting
from a paper sketch of your idea. A prototype
provides a clear vision of your product and it
will help you clearly communicate design and
functionality aspects with your engineering and
manufacturing partners. Please feel free to
contact us with any prototyping or product
development questions you may have at
info_at_3d-innovations.com
43D Innovations is a full service 3D
Engineering/Design company from the 3D Design
to a fully functional 3D Prototype Product.