Bestselling author Derek Lidow is an experienced and successful global CEO, a researcher, an innovator, and a startup coach. His accomplishments include founding iSuppli, a leading market research firm, which Derek sold in 2010 for $100 million to global information leader IHS. He is also a frequent media commentator. Coverage to date includes The New York Times, Wall Street Journal, Bloomberg BusinessWeek, Forbes, The Economist, Nikkei, Reuters, and Taipei Times.
Today, Derek is giving back by teaching at Princeton University, inaugurating a campus-wide “design thinking” curriculum, and working with Princeton’s aspiring entrepreneurs and their young companies.
Derek's most recent book, "Building on Bedrock: What Sam Walton, Walt Disney, and Other Great Self-Made Entrepreneurs Can Teach Us About Building Valuable Companies (2018)," is available now! Learn more here: amzn.to/2rf7nHo
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Thank you for a great explanation. I'll be needing that advice sometime in the future.
Useless video, the answer is wikipedia ??
Thank you for keeping it simple and upfront.
If you have a product in hand, and you know the product name and brand name, then you can simply find and use the same manufacturer. if you haven't used this process yet, here is a KZread video on how to do it kzread.info/dash/bejne/mXyFw7Cpfru8YZM.html
this video has no intrinsic value and offered no useful information
Thanks
This doesn’t cover any solid advice
Good guidance。
So you made a video to say absolutely nothing. We know “it depends”.
“This is one of the toughest questions to answer” yes thats why im here. Im not expecting an address or a phone number, just tips and suggestions
Great ideas! :) and you definitely can change really fast! :))
Hello Derek and thanks for the insight and great video. I have been working on building a device that rids hair and dirt from fabrics in clothing and upholstery. I just got out of a contract with a professional mechanical designer who got me some cad files and simulated movements of how I see this hand held rechargeable portable fabric cleaner to look and operate. This is my first product and I feel the next step for me is to get some mechanical engineers (experts in the field who ideally work in labs or manufacturing facilitates who make gadget electronics daily and regularly, and some PhD professors who can help with design and functionality). Ideally I have a series of cleaning heads on there that move in a start stop pattern but lost motors will not be able to handle this much frequency accelerating and everlasting constantly so a mechanical ⚙️ system built around the correct motor needs to be designed or innovated). From here we build the motor from the ground up all while wiring on the correct design and function of the cleaning head mechanism. I feel I need a solid team of EE’s & ME’s working side by side designing, prototyping then testing and repeating This process. I am confident I can raise funds form outside investors but I need to show them that this frequency can be built and last over 5 years and that I have a team in place to perform this out for me. Please lmk if you can help. Thanks, Bonafide
Great insight
Hey ware u from I have a copple off ideas 💡 on grate products that's can make me rich over night 🌉
I'm reading your books as I'm building my first business and I can not thank you enough. You taught me a lot through your books. I thanked my professor today for making "Building on Bedrock" the primary book of our entrepreneurship course at university. I hope you have a wonderful day sir :)
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Another video that doesn't tell you at all what you were hoping it would from the description
How to judge these videos? a.) If it's simple and make sense, and get's you excited to call them = scam artists. b.) If it's confusing and you didn't get a clear answer = honest technical person trying to make sense, but has no sense of conviction cuz it's not his actual invention.
I just submitted my provisional patent papers, the most important thing he didn't mention in this video is ALWAYS signing an NDA with the manufacturers you talk too. Even a veteran at the USPTO recommended me to always protect your 💡
Hi, what’s NDA?
@@boomslang2681 Non Disclosure Agreement. So they don't take your idea
Where do you get an NDA?
No, you first need to focus on (Money In), once you get money in you can focus on being legal
@@distinctlybre6572 you find examples online. NDA is a confidentiality agreement between you and whoever you disclose your idea to. Thats protecting your idea. Another thing is to protect your Intellectual property. I'll be getting into these things soon. Good luck.
Easy, just go on Alibaba lol
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How to make prototype product for kickstaerter
How to find products for your startup? You can tie up with direct selling company. If you want more details, you can ping me on whatsapp : 7989077659
1. Search Thomasnet.com is the best start in the US. Otherwise 2. Google search your product name with "Manufacturer" after it. You still have to weed out a lot that aren't actually mfgs. 3. Whatever mfg process your product is, search that word + "Manufacturer". 4. Hire a US based sourcing agent such as myself to do it for you.
Thank you for the advice, are there any good books that you may recommend in the field of manufacturing processes?
ok so I'm asking "how to find a manufacturer for my startup business" and you're saying "read Wikipedia". Good advice, but not what I was looking for in this video (?!?)
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Hit us for any clothing Work Done.
Winner of a video, I been tryin to find out about "do you need a license to buy wholesale clothing?" for a while now, and I think this has helped. Have you ever come across - Lanreenan Foremost Leverage - (just google it ) ? It is an awesome one off product for discovering how to find luxury or designer goods at wholesale or lower prices without the hard work. Ive heard some interesting things about it and my cousin got cool success with it.
This is glorious, been searching for "where can i get products to sell online?" for a while now, and I think this has helped. You ever tried - Lanreenan Foremost Leverage - (just google it ) ? It is an awesome one off product for discovering how to find luxury or designer goods at wholesale or lower prices without the headache. Ive heard some unbelievable things about it and my brother in law got excellent success with it.
Ritetechoutsourcing.com/tooling-procurement Of course.
If you need some machining please look up www.foxengineeringllc.com
You going to charge for cnc programming, material cost, setup charge, 3axis, 4axis, 5axis? Most prototype's just need a honest machinist with a manual mill or lathe for the prototype. You offer that service? Perhaps a kid on a cad system in your office to make a drawing for the inventors?
It depends on the part. If I like the project we will make it work somehow
[email protected]
@@trexinvert we don't work for free or hire kids to work for free. Kids on a cad system will take twice as long to make your prints and you won't get a good result from a kid with no experience.
So basically no answer just do your home work 😂 got it
Yeah... Zactly! Like, WTAF?! I'm here doing the homework, and he's telling me to do my homework... Reminds me of when I was in 5th grade, and after school I'm doing my homework, and just then, my dad walks into my room, and proceeds to tell me to do my homework. Smdh.
How can I get my 2:58 back?
Have your time machine made by a manufacturer. 😏
Video doesn't help in any way
My situation may be unique. I found a product that I can turn into something else. The only problem is is that it’s a seasonal product. I’ve reached out to the store and they won’t tell Any information about their manufacturer. Is there anything I can tell by the label sky#? I just want to know how I can get my hands on large quantities of this product.
SKU # *
Hi Erica, I am a carpet manufacturer from India, I can provide you all types of carpet in the bulk quantity. If you are interested, then please don't be hesitate to contact me. Whatsp no. +91 7355346599
Anant ram Maurya Hello,from where in India?Would you like to work for us??
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Hello Sir/Madam! We're a Legitimate Professional "Manufacturers" & "Exporters" of all kind of: #Sportswear #MMAgear #boxinggear #weightliftingaccessories We do Manufacture Custom Product's. All products can be customize with your logo or company name. Quick production time with custom patterns, cuts and sew. Our Minimum order quantity is 50 pcs per item. We do ship internationally. Waiting your Positive Response! 🙂 Rehan Tariq Best Regards! Website:Www.bigdreamspk.com WhatsApp:+923249630282 Email:[email protected]
Thanks chacha...
Thanks!!! $$$$$$$
www.gofundme.com/f/u9sbnq-creating-a-smile&rcid=r01-156580298704-99835fdb69d24ff6&pc=ot_co_campmgmt_m
Can a prototype company just make one version then can i go to a 3rd world country have them do it from the example i made?
yes of course this is still a free country i hope
The best and simpliest explanation I ever heard! thank you sir!
Thank you
This really helped. Thanks
Thank you 💙
Hi Mr Derek, i really love your lectures, creative and informative. I have a humble request ; would you provide me either your phone number, your Email, or any other way to contact you. Plz respond to me.
Great advice and I agree with you. No wonder they call it "Shark"-Tank
Hi Derek. I found this video and channel while translating your book Building on Bedrock into Spanish I'm enjoying your book, and I like this Idea of "From ground up". Great job! I hope you can continue to upload more videos.
Thanks
Thanks for the video. Great Stuff!
A story that needed to be told. Vidal and I started at the Coroner's approximately at the same time. He was from East of the river and I the west. He is Brown and I am Black. Our working with the dead and dealing with their grieving families caused us to reflect deeply on what we could do to improve the conditions of our individual communities . I watched Vidal struggle with his physical, emotional and economic situations. I became a Gang Intervention specialist after suffering an emotional breakdown after five years on the job. I was not well suited for the work I am happy to see him become a success in his business endeavors. He earned and deserves everything that came to him. Way to go "Vital", wishing you and the family the very best of everything for many years to come. Black Flagg, another survivor of the L.A. County Coroner's office.
Thank you for your very insightful comment. I'm grateful that I was able to help tell Vidal's story.
Thank you for sharing, Derek!
Loved listening to you talk at the Princeton Tech Meetup! We actually have a video of you speaking featured on our channel.