So I've been already been discussing the advertising side of an idea on another thread, but I feel like I've been putting the cart in front of the horse.
As my prototype begins to take shape (at a snail's pace nonetheless :smx4, I'm starting to realize that before I even begin thinking about marketing, I'll need to figure out how to set up an agreement/contract with a manufacturing or distribution company in order to be able to put together the given product and efficiently send it to a customer. But I'm kind of confused on how this process is done. Do small business normally outsource this process or do they do it in house? Do they buy x amount of units and sit on them or do they wait until customer orders are placed before sending the order to the manufacturers? In other words, will there have to be an initial amount of money submitted upfront before you even receive your first order from a customer?
If anyone has experience with manufacturers or even has some some book recommendations that deal with this, I'd be very eager to learn about what they'd have to say.
As my prototype begins to take shape (at a snail's pace nonetheless :smx4, I'm starting to realize that before I even begin thinking about marketing, I'll need to figure out how to set up an agreement/contract with a manufacturing or distribution company in order to be able to put together the given product and efficiently send it to a customer. But I'm kind of confused on how this process is done. Do small business normally outsource this process or do they do it in house? Do they buy x amount of units and sit on them or do they wait until customer orders are placed before sending the order to the manufacturers? In other words, will there have to be an initial amount of money submitted upfront before you even receive your first order from a customer?
If anyone has experience with manufacturers or even has some some book recommendations that deal with this, I'd be very eager to learn about what they'd have to say.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Last edited by a moderator:
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today