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 AsiaHow 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 prototypingThe Graphite Wallet story, How crowdfunding works, Nalin of Crush CrowdfundingEngineering, Sourcing and Manufacturing is often not a known industry, Seeing people of color as entrepreneursMarketing Strategies before launching your crowdfunding campaign, buffering timelines to support your backersGetting designers involved as early as possible, Starting without a bare minimum designDifference between doing business in China and the US