The Builder Circle®: Hardware Success Podcast

PROWL is design and strategy studio helping companies reach their product design and climate goals. Lauryn Menard and Bailie Mischler (Davis) bring a wealth of experience and intuition around industrial design and utilizing regenerative materials in physical product design. In this episode, PROWL and I will talk through the following 2 big questions:

• Why is industrial design important and when should industrial designers be included in the product development cycle?
• What are regenerative materials and why is it important to shift our design culture to incorporate them in the material selection process?

Don't have time to listen to the full episode? Totally understandable, scroll to the end to get the key takeaways and summary during the TL;DL (too long didn't listen) segment!Music by: Joel Caffey and Tom Stoke (in addition to royalty-free music provided by Descript)DISCLAIMERThe content provided in this podcast is for informational purposes only and should not be construed as professional advice. Pratik Development, LLC., the hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.

Haje Kamps is an entrepreneur, pitch coach, hardware enthusiast and former VC. He brings a wealth of experience and intuition around the art of pitching hardware products for a successful fundraise and wide-spread adoption. In this specialty episode, Haje and I will talk through the following questions:

1. Why should builders care about their pitch, shouldn't the technology stand for itself?
2. What are the common pitfalls founders fall into when putting together their pitch?
3. What do investors care about in a pitch?
4. What metrics are important to put in place so that the hardware product pitch writes itself?
5. What different versions of the deck should exist and what should their function be?

Don't have time to listen to the full episode? Totally understandable, scroll to the end (52:20) to get the key takeaways and summary during the TL;DL (too long didn't listen) segment!Music by: Joel Caffey and Tom Stoke (in addition to royalty-free music provided by Descript)DISCLAIMERThe content provided in this podcast is for informational purposes only and should not be construed as professional advice. Pratik Development, LLC., the hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.

In this Hardware Case Study episode we talk to Madhavi Gavini, CEO of Droplette. If you are a founder, engineer, product team or builder who has the following questions, this episode is for you!

• Sunk Cost Fallacy: How can we avoid the sunken cost fallacy and prevent over-engineering and unnecessary features from hindering the minimal viability of our products?
• Pivots: How do you feel confident in the decision to pivot? How do you execute on a pivot successfully?
• Insource vs Outsource Perspective: How can we make informed decisions about insourcing and outsourcing in product development, considering core competencies and institutional knowledge?
• Failure Mode Strategy: What strategies can we employ to mitigate failure modes and minimize potential damage, particularly in products designed for human interaction?
• Product Design & Testing: What are the key elements of effective design and test strategy that fuel successful product development, and how can they be implemented in the hardware industry for optimal results?

Join us as we aim to answer these questions and gain valuable insights from Madhavi Gavini during this fun conversation.Music by: Joel Caffey and Tom Stoke (in addition to royalty-free music provided by Descript)DISCLAIMERThe content provided in this podcast is for informational purposes only and should not be construed as professional advice. Pratik Development, LLC. ("The Builder Circle by Pratik", parent company), the hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.

William Burke is a seasoned mechanical engineer and hardware enthusiast. He is passionately building tools for the next generation of hardware engineers through his company Five Flute. In this episode we explore key questions related to engineering design and product development:

1. How can we strike the right balance between extremes in engineering design requirements?
2. What is the importance of understanding use cases and generating a Product Requirements Document (PRD) with minimal prescribed numbers?
3. Why should we prioritize a core subset of non-negotiable or known values in our designs?
4. How can we effectively update and maintain requirements as we gather more information and insights?
5. What are the best practices for conducting user studies and extracting valuable feedback to inform the design process?

Join us as we aim to answer these questions and gain valuable insights from William Burke during this fun conversation.

Music by: Joel Caffey and Tom Stoke (in addition to royalty-free music provided by Descript)

DISCLAIMERThe content provided in this podcast is for informational purposes only and should not be construed as professional advice. Pratik Development, LLC., the hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.

Scott Miller is a seasoned entrepreneur, engineer and supply chain/manufacturing expert. He has been involved in many teams that were focused on getting concept to product including the first ever Roomba! He brings a wealth of knowledge, rules of thumb and kindness to entrepreneurs all around. What you can expect from this episode is discussions around:

• Outsourcing vs. insourcing: metrics to make an informative decision that works best with your business and innovation product
• Working with manufacturers, factories and suppliers from a low leverage standpoint
• Timing and Design Stability
• Lifecycle Testing
• Dual-Sourcing
• Approaching and finding the right fit with Contract Manufacturers
• Quality Assurance
• Setting up Manufacturing Service Agreements (MSAs) for success and leverage
• Sourcing Options for components globally

Music by: Joel Caffey (in addition to royalty-free music provided by Descript)DISCLAIMERThe content provided in this podcast is for informational purposes only and should not be construed as professional advice. Pratik Development, LLC., the hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.

In our first hardware case study episode, we talk to Bridget Hunter-Jones from Impact Biosystems, a startup developing an adaptive muscle scanner hardware and software solution, about the following topics;

1. Market Research and Validation
2. Communicating Complex Systems to a Mass Audience
3. Insourcing vs. Outsourcing Functions at an Early Stage (i.e. engineering, industrial design, manufacturing..etc.)

1. Product Design Strategy and Requirements Generation
2. Finding, Choosing and Managing Overseas Vendors

1. Determining Target Cost of Goods

1. Design Considerations

Note: This episode provides insights into market research, effective communication, engineering decisions, supplier relationships, cost determination, yield optimization, and design considerations in the hardware manufacturing industry.Music by: Joel Caffey (in addition to royalty-free music provided by Descript)DISCLAIMERThe content provided in this podcast is for informational purposes only and should not be construed as professional advice. Pratik Development, LLC., the hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.

In this episode, we delve into the world of modern hardware development and uncover its intricacies. Tyler Mincey, shares invaluable experiences from his time at Apple during the launch of the first iPhone, as well as his insights as a General Partner interacting with hardware entrepreneurs daily. Gain exclusive perspectives from industry giants like Apple and be inspired by the entrepreneurial spirit that drives innovation forward. Get ready for a deep dive into the remarkable journey of bringing revolutionary hardware products to life.The Episode centers around:

1. Tailoring Program Management
2. The Power of Demos and Prototypes
3. Iterative Testing for Success
4. Balancing Design Fidelity and Collaboration
5. Harnessing the Power of Constraints
6. R&D and Moving the Constraints
7. Validating Technology and Business Viability
8. The Future of Hardware Development: Embracing AI for Accelerated Innovation

DISCLAIMERThe content provided in this podcast is for informational purposes only and should not be construed as professional advice. Pratik Development, LLC., the hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.

Introducing The Builder Circle, a podcast dedicated to helping individuals transform their ideas into physical systems and products. Created out of a passion for mentoring and assisting entrepreneurs, this podcast aims to bridge the gap between aspiring founders and the expertise they need. The episodes are designed to be easily consumable, with TL;DL (Too Long; Didn't Listen) summaries at the end, allowing listeners to grasp key takeaways in a shorter time frame. The podcast offers actionable advice, expert insights, and discusses real-world case studies to empower and inspire entrepreneurs.Join us on this exciting journey as we delve into topics such as manufacturing, product design, and supply chain management, providing guidance every step of the way.Music Credit: Tom Stoke and Joel Caffey (alongside royalty free music provided by Descript)DISCLAIMER Thank you for listening to The Builder Circle podcast. The content provided in this podcast is for informational purposes only and should not be construed as professional advice. The hosts, guests, and producers of this podcast are not engaged in rendering legal, financial, or other professional services. Listeners are encouraged to seek the advice of qualified professionals regarding specific issues related to their business, product development, or any other matters discussed in the podcast.The information, opinions, and recommendations presented in this podcast are based on the personal experiences and expertise of the hosts and guests. However, they do not guarantee the accuracy, completeness, or effectiveness of any information shared. The hosts and guests disclaim any liability for any errors or omissions in the content or for any actions taken based on the information provided.It is important to note that every situation is unique, and what may work for one individual or business may not work for another. Listeners are responsible for conducting their own research, due diligence, and making informed decisions based on their specific circumstances.By accessing and listening to this podcast, you acknowledge and agree that the hosts, guests, and producers of the podcast shall not be held liable for any direct, indirect, incidental, consequential, or any other damages arising out of or in connection with the use of the information presented in the podcast.Furthermore, the hosts, guests, and producers of this podcast make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the podcast for any purpose.Listeners are advised to independently verify any information presented and consult with appropriate professionals before making any decisions or taking any actions based on the content of this podcast.By continuing to listen to this podcast, you indicate your understanding and acceptance of this disclaimer.