EP 158 - Rico on A Day in the Lab with James Davis

This episode is an appearance of Rico on the Day in the Life Podcast with the Owner of LabHand Engineering — James Davis. James takes notes from Rico on Prototyping, Product Development, Crowdfunding, and much more. 

Episode notes:

  • Rico on ODM and OEM, Average Life Cycle of Products when people come to Source Find Asia

  • How people underestimate the process of developing products, Rico’s “Survival Chinese”

  • The range that an entrepreneur could cost for product manufacturing, process and cost of prototyping

  • The Graphite Wallet story, How crowdfunding works, Nalin of Crush Crowdfunding

  • Engineering, Sourcing, and Manufacturing is often not a known industry, Seeing people of color as entrepreneurs

  • Marketing Strategies before launching your crowdfunding campaign, buffering timelines to support your backers

  • Getting designers involved as early as possible, Starting without a bare minimum design

  • Difference between doing business in China and the US