The 10 Commandments of Product Developments

There’s a lot more to designing and manufacturing a product than having a great idea and hitting the production lines.

While these 10 commandments aren’t exactly set in stone and should be adapted to your unique operational needs and goals, they’re a tremendous starting point on your journey toward lasting success.

I. Thou shalt refine thine ideas and vet them.
Inspiration and great ideas can strike anywhere, and it’s important to get the big picture nailed down. However, you should also present your idea to family, friends and trusted potential customers and think critically about who the product is for and why they’d want it.

II. Thou shalt research the marketplace.
Do the legwork on potential customers, competitors, and more, and seek out a professional in Intellectual Property to protect your idea.

III. Thou shalt raise money, and, whence thou hast raised money, thou shalt again raise money.
Craft an elevator pitch, get an initial round of funding, and then do it again. Seek the advice of others who have been successful in raising money in the venture capital community and follow their lead.

IV. Thou shalt create requirements to convey thine ideas to product designers.
Thorough guidelines need to be established that outline what the product should and shouldn’t do, how it will be used, what it will look like, and more. Think in terms of accuracy, feasibility, whether a requirement is necessary, and more.

V. Thou shalt use an experienced, professional design team.
Avoid using a contract manufacturer’s design resources. You need a team of professionals with experience in many disciplines dedicated wholly to your success.

VI. Thou shalt verify thy design with prototypes.
Products always need to be tested in the real world with real end-users. What’s great on paper doesn’t always translate to reality.

VII. Thou shalt not produce many before thou hast made a few.
Always leverage preproduction with initial batches that can test the process and finished result before ramping up production.

VIII. Thou shalt have no regulatory requirements unverified.
Compliance with national and international regulations may be required to sell your product or recommended to reduce your liabilities. Have a plan for getting your product certified.

IX. Thou shalt honor thy sales and marketing team.
These are very different roles, but each is critical. Marketers drive awareness, and salespeople close the deal. Select people with skillsets in each.

X. Thou shalt choose thy partners carefully.
You don’t need to be skilled in everything – that’s where valuable partners come in. Carefully vet potential partners and select those who truly fill in those gaps with expert knowledge and proven results.

To lean more about how Paragon can transform your product idea, marketing requirement, or product specification into a marketable product that’s profitable, contact them today.

Follow us on social media for the latest updates in B2B!



With Walmart Health Shuttering Its Doors, Retail Healthcare Has to Rethink Its Role & Strategy in Primary Care
May 28, 2024

Retail healthcare is an uncertain slice of the U.S. healthcare industry, being defined by both recent strategic retreats and bold expansions which have sparked crucial discussions about the future of primary care services within the retail sector. The most recent news that shocked the industry was the shuttering of Walmart Health, Walmart’s 51 health…

Read More
Edge Computing Smart Cities Experts Talk
Edge Computing is the Foundation for Scaled Smart Cities. How Can the Industry Accelerate Adoption?
May 28, 2024

As cities globally accelerate their transformation into “smart cities,” the integration of a capable computing ecosystem to complement smart city initiatives has become an important part of smart city success. How critical will edge computing be in that ecosystem, and in the facilitation of today’s and tomorrow’s smart city projects, especially with where smart…

Read More
The Global Privacy Revolution: Navigating the New Landscape of Data Collection and Integration
May 28, 2024

The Global Privacy Revolution: Navigating the New Landscape of Data Collection and Integration In today’s rapidly evolving digital landscape, the global emphasis on privacy is emerging as a powerful disruptor, fundamentally transforming how businesses collect and integrate customer data. This shift is not merely a regulatory hurdle but a profound evolution in societal values, recognizing…

Read More
Continuous Improvement in Threat Assessment
Continuous Improvement in Threat Assessment Practices
May 28, 2024

In this episode of School Safety Today by Raptor Technologies, Michelle Dawn Mooney sat down with Dr. Marisa Randazzo to discuss the importance of continuous improvement in threat assessment practices.  Dr. Randazzo shares her extensive experience in threat assessment, emphasizing the importance of quality training and to regularly evaluate and enhance their threat assessment…

Read More