How Much Does It Cost to Manufacture a Prototype?
I’ll be brief today. It's a long weekend and I'm making the most of it. 🙂
Aun así, responderé a una de las dudas más habituales de los inventores:
How Much Does It Cost to Manufacture a Prototype?
By the way, remember to leave a comment about what you think of us.
Puedes hacerlo AQUÍ. No te cuesta nada y a mi, me ayudas muchísimo.
This week I lost an inventor who I honestly thought would manufacture his prototype with us.
He’s screwed me over!
The deal has fallen apart for two reasons;
- "Paco" claims that the budget quoted is way too expensive.
- "Paco" demands that I send him the breakdown of the budget quoted, he wants to know where the numbers come from.
I'm sure that, upon first reading this, you may identify with Paco...
So, I explained to Paco the following concepts:
Makeshift prototype: a prototype that works, but the technicians who have worked on it have communicated very LITTLE with each other. So, each one has done whatever he could to complete his part. The makeshift prototype is like a hybrid of chunks of half-done designs and electronics. They are very cheap but, normally, they’re worthless.
Happy prototype: a prototype that is "cheap, cheap, cheap." For its construction, the main criterion is "whatever the client wants." It is not necessary to have technical criteria, or to do research or to optimize anything, it’s just key to do what the client believes is right and deliver a prototype that more or less works, regardless of whether it is efficient or not.
Anchor prototype: a prototype manufactured by professionals who see the prototype as an end, not as a means. Therefore, to manufacture it, no consideration is given to criteria regarding future mass production processes.
Now I get it!
Paco is not my client.
We can only work with inventors who, like you, want the prototype to become a product and then a business.
Well, for that to happen, you have to envisage it from the very first minute.
As to the breakdown of the budget quoted, no problem.
Paco:
Of the €8,000 budgeted:
Electronic material: €0. It’s on me.
Manufacturing materials: €0. It’s on me.
Labor: €8,000
In quoting a working prototype budget, coordination of capabilities is key.
What electronics does affects design; design changes are validated by mechanics; all their changes affect industrial ... and so on... It's a cycle of trial and error across all capabilities.
We haven't found another way to manufacture working prototypes that makes sense. And that's not cheap.
After being very screwed,
I learned that we didn't lose Paco as a client.
He never really was one.
I truly hope that you can take advantage of these tips.
Remember... With these tips, I don't intend to sell you anything.
I fulfill my commitment to support our community of inventors.
Warm regards
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Business Director - Inventors' Advisor at Let´s Prototype
Erick Remedios has been involved in entrepreneurship, private investment, and the launch of innovative projects for over a decade. He began his career at Business In Fact, S.A.—a private investor network specializing in high-risk investments—where he rose to the position of Managing Director, participating in more than 40 investment deals and advising early-stage entrepreneurs and investors. Since 2012, he has participated in investment forums, served as an advisor and board member, and engaged in teaching and outreach activities at universities such as the University of Seville, Málaga, Cádiz, Granada, Pablo de Olavide, Huelva, Almería, and Jaén, as well as at business schools like IT Aérea Business School (where he leads the Business Model Design module) and ENyD. Throughout his career, he has advised startups and companies such as Baby Radio, Neurobia Research, HitsBook, Bit Credit, Tu Fábrica de Eventos, and Graffos, among others. He currently leads Let’s Prototype’s international expansion in the United States and guides companies and inventors through the design, prototyping, and industrialization of innovative products (hardware and software), as well as commercialization and licensing strategies.
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