I've been reading various posts on the forum, and have found very few folks with a plan similar to mine. I believe there might be a member that has a tool manufacturing business, but I'm not sure that I recall that correctly. I can't be the only one that believes inventing a physical product (or products) and producing it himself/herself can be a Fastlane process...or am I ??? Does anyone else plan, or might be currently working the plan, to achieve Fastlane process thru innovation, manufacturing & production?
I've seen a couple members that are trying to invent a product and have it made offshore, then bring it back here and sell lots of them. That's not what I'm asking about, because I believe that violates the C of CENTS, aka "Control". I'll tell you why. In my experience with offshore manufacturing, I've had little control over the quality/performance/intellectual-property and I believe that puts my future in someone else's hands. I'm referring to designing the product, assembling it here in the US and selling from here (hopefully globally). That's not to say that some of the components can't be made offshore, because some components are less critical to overall performance and they are excellent candidates.
Most other folks here appear to be focusing on ecommerce or ebusiness plans with no brick & mortar footprint. It seems the most common process is to find a product already made overseas and sell it here in the US to the largest market one can tap. Nothing wrong with that, and there is definitely a place for it, but it's not for me because of my previous experience & preference for "Control". However, there were several other plans that TMF pointed out as potentially Fastlane.
- Internet content
- Subscription
- Lead generation
- Social network ads
- Brokers
- Advertising
- eCommerce/distribution
- Innovation (!!!)
- Iteration (!!!)
- Rentals
- Software
Perhaps I'm missing the key threads that I've been searching for. If so, please redirect me. If there are folks here using innovation, manufacturing & production to achieve their Fastlane...what have been the lessons learned? How did you overcome roadblocks & push on? Are there any progress threads out there? Got any suggestions?
Thank you!
I've seen a couple members that are trying to invent a product and have it made offshore, then bring it back here and sell lots of them. That's not what I'm asking about, because I believe that violates the C of CENTS, aka "Control". I'll tell you why. In my experience with offshore manufacturing, I've had little control over the quality/performance/intellectual-property and I believe that puts my future in someone else's hands. I'm referring to designing the product, assembling it here in the US and selling from here (hopefully globally). That's not to say that some of the components can't be made offshore, because some components are less critical to overall performance and they are excellent candidates.
Most other folks here appear to be focusing on ecommerce or ebusiness plans with no brick & mortar footprint. It seems the most common process is to find a product already made overseas and sell it here in the US to the largest market one can tap. Nothing wrong with that, and there is definitely a place for it, but it's not for me because of my previous experience & preference for "Control". However, there were several other plans that TMF pointed out as potentially Fastlane.
- Internet content
- Subscription
- Lead generation
- Social network ads
- Brokers
- Advertising
- eCommerce/distribution
- Innovation (!!!)
- Iteration (!!!)
- Rentals
- Software
Perhaps I'm missing the key threads that I've been searching for. If so, please redirect me. If there are folks here using innovation, manufacturing & production to achieve their Fastlane...what have been the lessons learned? How did you overcome roadblocks & push on? Are there any progress threads out there? Got any suggestions?
Thank you!
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.