Product Development and Company Culture

We have a lot of interactions with CMs (Contract Manufacturers). These companies are amazing—they can do ten thousand things and not make a single mistake. Their business must work this way to stay competitive. Product development, on the other hand, is different. In product development, you are lucky if you do 10 things and get… Read More

Should I Outsource Product Development?

To outsource or not to outsource? It’s a question that arises again and again in small companies. Why? Because technology is evolving rapidly, and many small companies are struggling to fund the fixed cost of a full-time team with the necessary diversity of skills needed to stay competitive. For years, small companies have been developing… Read More

The Six Myths of Product Development

If I had to pick the biggest mistake small companies make when it comes to product development, it would be that they make the mistake of treating product development as if it was just like any other business activity—sales, accounting, customer service, manufacturing, etc. Product development is a process of discovery, creativity and problem solving,… Read More

Prototype to Production Process

The prototype is all done and it seems to work well. Now, how do you get the prototype manufactured reliably and at a reasonable cost? If you’re like a lot of small companies, this is not something you do all the time. Finish Line has done more than one thousand projects for more than 300… Read More

Small Company Product Development Cost Reduction

Small companies in niche markets know they can design better products, but can they sell enough of their products to pay back their investment? When unit volumes are low, the cost of developing the product can sometimes exceed the manufacturing cost. Here are a few tips for reducing product development cost in a small company:… Read More

Speeding Up Product Development

Does it ever seem like the last 10% of the project takes 90% of the time? If you have had this experience, you are not alone. It happens all too frequently when trying to develop technology products in a small company. Managing a project with several different engineers, all with their unique areas of expertise,… Read More