Monthly Archives: May 2012

Entrepreneurial Product Development at UCSD

On May 17th 2012, Joe Donoghue of Leardon Solutions presented at the UCSD Rady School of Management. The was packed with MBA students that were also part of the Rady Entrepreneur Club.

Joe Donoghue, Leardon Solutions, Product Development, Southern California, Patents and Prototypes, UCSD, Rady School of Management

Joe’s presentation focused Entrepreneurial Product Development and overcoming obstacles.

This presentation was designed to help entrepreneurs, inventors and startups understand the pitfalls of traditional product development that often is not specifically designed to serve small product runs and prototypes.

Key points of the presentation included:

(1) Entrepreneurs usually have little money, little support, and little product volume which puts them at a disadvantage relative to larger competitors.

(2) Little money puts them in a position where they can’t hire their preferred staff.

(3) Little support results from the fact that the industry supporting entrepreneurs is very fragmented with hand-offs that minimize accountability.

(4) Little product volume puts them in a position of higher prices due to no economies of scale.

(5) To overcome the little money constraint: amortize engineering and fixed costs if possible and don’t lock up your money in large quantities of inventory.

(6) To overcome little support constraint: work with a supplier that is an end-to-end provider who understands entrepreneurs and start-ups

(7) To overcome little volume constraint: work with suppliers who do both engineering and manufacturing, making it worth their time to work with you.

Need more information on new product development or the manufacturing process? Please contact us with any questions or contact me directly at joseph.donoghue ( at ) leardon.com

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Pediatric Medical Device Innovation in Southern California

Leardon Solutions Product DevelopmentIdentifying the unmet needs for pediatric medical devices, the Southern California Center for Technology and Innovation in Pediatrics (CTIP) opened in mid-2011 with the support of the University of Southern California (USC) and Children’s Hospital Los Angeles.

According to a study performed by the United States Government Accountability Office (GAO), pediatric medical devices lag behind adult devices due to the lack of financial incentives for manufacturers. Not only is the pediatric population smaller, but children are physiologically different than adults and there is a very small pool of pediatric clinical trial participants. The FDA Amendments Act of 2007 was written to help overcome these barriers to commercialization in small markets. Part of this Act allows for a FDA humanitarian device exemption (HDE) for diseases or conditions that affect less than 4000 people in the United States. All of these commercialization and development challenges in the pediatric medical devices led to the founding of CTIP.

Leardon Solutions is proud to be an industry partner of CTIP, helping Southern California clinicians and researchers design, engineer, and prototype their pediatric medical device products. This involvement led to an invitation to the inaugural Pediatric Venture Accelerator Forum held at Children’s Hospital Los Angeles. This forum brought together clinicians, engineers, industry, investors, and academics to discuss the latest in pediatric medical devices and to find innovative ways to accelerate pediatric medical device development.

To see the highlights from the Pediatric Venture Accelerator Forum in April 2012, please view the video below. For more information on the Southern California CTIP, please go to the CTIP website .

Need more information on new product development or the manufacturing process? Please contact us with any questions or contact me directly at joseph.donoghue ( at ) leardon.com

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How frozen pipes and flooded caravans led to the Floe product

Necessity is the mother of invention. This phrase succinctly describes Jason Paul, Managing Director and Founder of Apt Innovations, a Northern Ireland, UK based company. Apt Innovations develops and manufactures products that help owners of static and touring caravans, holiday homes, mobile homes, and motorhomes drain the water from the pipes of their homes, thus preventing broken pipes in freezing conditions.

Apt Innovations’ first product, the award winning Floe Drain Down Device, was conceived as Jason needed a simple way to winterize his home without having to make an appointment or pay a professional drain down technician. The Floe is a simple device that hooks to the outside hose tap and utilizes a tire compressor to blow out the excess water in the pipes. Apt Innovations’ Floe was written up in the BBC News article “Cold winter inspires NI man’s pipe business”, won the Best Accessory Award from Practical Caravan, and is making sales inroads in many countries around Europe.

Leardon: How did you come up with the idea for the Floë?

Jason: I own a static park home in the lakes area of Northern Ireland. Sadly we were caught out by bad frost which damaged part of the plumbing system and flooded the home. Normally you would pay someone about $180 to drain it at the end of the season, but this is an antiquated system that entails the service engineer trying to push the water back down through the system (the wrong way) in reverse from each faucet. Unfortunately this is not possible on showers as there are non return valves in them, which only allows water to come out of them (the right way). To a service engineer, the shower therefore must be dismantled, rendering the property useless over the winter months until spring.

I wanted to do two things. First I wanted to be able to drain the property myself, without paying someone and I wanted to use the property throughout the winter months as well as the summer. Therefore my idea connects to an outside tap, air is pushed into the system and water released from taps and shower (the right way) By doing this I do not have to dismantle the shower, so I can use the property whenever I like and drain on leaving. I tend to do this once at the end of the season and a few times in winter. At $180 per draindown, this could amount to just short of a thousand dollars. Floë costs less than $30 and can be used for years, not a bad return.

Leardon: What was the most important thing you learned about the prototyping and new product development process?

Jason: First, get a patent or at least a Non Disclosure Agreement (NDA), then the next most important thing is to get the right people on board at the start. So many people go down a road without advice on relevant areas of their product. I would completely recommend that a company find a very experienced product development company to talk this though to the extent that there are no more surprises or guesswork. This will keep the price of product development and prototyping down to a minimum. Our such advisers were Leardon Solutions. Here you have two sides of advice, one for the business and selling of the product, i.e. what works and what doesn’t and second the engineering advice as to which is the most cost effective, yet visually appealing end product.

Leardon: How did you prototype the Floë?

Jason: I created a very ugly prototype for myself, which worked right through the winter. I then made some slightly more attractive but still inexpensive homemade versions that I sold to people for a very small price. Accepting payment means that there is some skin in the game from the customers and it also proves that people will pay something for an solution. Of course you could provide free samples, it is up to you. These worked for about 25 people through the next winter. It was then that we knew we had a potential product. We then got some Northern Ireland Government funding for a patent and prototype, which we then took to Leardon Solutions to create more basic prototypes and eventually the finished product.

Leardon: What did you learn about manufacturing a product? Any issues encountered?

Jason: It takes time. You need to take this time to get the product right. If you don’t, every thing else that you do can be flawed. A house can be stunningly beautiful, but if built on a flawed foundation, it could fall apart. A product is similar. Say you spend all of your time making a product, but there is a change that has been overlooked or not tested correctly. This could cause you problems. By the time you have realised it, you may have developed the packaging and photography which would all be wasted if the product has to be changed, or even sold some, in which case you will face returns.

Take time to test every opportunity and suspicion that you might have. I know most are bursting to get it onto the market but understand it will save you time in the long run.

Leardon: Why is Northern Ireland a great place to prototype and develop products?

Jason: Once upon a time Northern Ireland was a powerhouse in Engineering, Shipbuilding and Linen Manufacture. Much of the big industries sadly died away over the years leaving a large proportion of Service sector businesses in its stead. This is clearly not good for growth as manufacture and export are paramount. Northern Ireland has always had innovation brimming under the surface and now I am glad to say that local councils and Government are really pushing tech and innovation once again, really putting Northern Ireland on the world map again, so much so that the head of Government for Industry in China, felt it prudent to visit Northern Ireland last week

Leardon: What recommendations do you have for others with product ideas?

Jason: Get your product really ahead of the game and then when you are ready to be first to market, showcase the life out of it. It is being first to market that is important and stay there. Use every piece of homemade PR that you have in your arsenal. Magazines love to write articles for free on new stuff, in fact get someone to write it for you, then send it out to a range of media, who will print it up for you.

Time your marketing to when it will be most effective, particularly magazines. Newspapers and radio are more day by day but magazines take months. Also, use online forums etc, do a video and put it on youtube.com, then link it on your website. Use all of this.

Visit Apt Innovation’s website for more information and to get updates.

Need more information on new product development or the manufacturing process? Please contact us with any questions or contact me directly at joseph.donoghue ( at ) leardon.com

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Leardon Solutions Mentors Stanford Students In Product Development

Stanford University is red hot with innovation and this year Joe Donoghue from Leardon Solutions is getting involved with the next generation of entrepreneurs by becoming a mentor in Stanford University’s Technology Entrepreneurship, 2012 (http://eesley.blogspot.com/p/class-description.html) taught by Charles Eesley, Assistant Professor at Stanford University.  This online course will introduce students to all the fundamentals of being a technology entrepreneur and the requirements as such.  Project teams, comprising of students from around the world, are also a pivotal part of the course concluding with an Opportunity Analysis Project and an Opportunity Execution Project.   The course will run through June 23, 2012.  Joe is currently mentoring two projects, one team which is developing advanced analytics for SMEs and another which is developing a smart central home control system.

Stay tuned to the Leardon blog for updates and visit the Patents and Prototype live show on June 5th @ 6:30pm to hear from some of the program participants.

 

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Leardon Featured On Gettin’ Down To Business

Troy HazardWith the downturn in the economy, a lot of people have taken this opportunity to go after that dream of entrepreneurship. At Leardon Solutions, we feel like product development for entrepreneurs / inventors is more popular than it has ever been in last few decades and one of the upsides is the amount of innovation coming through. We’ve been on our toes trying to get critical information out to the market place to help people succeed. Types of information include tips on how to prototype, manufacturing in the USA and overseas, the product development lifecycle and how to avoid pitfalls within the process.

Recently, Joe Donoghue of Leardon Solutions had the opportunity to be a guest on Troy Hazard‘s new show “Gettin’ Down To Business”. The show is about an hour long and they really get into detail about the product development process. If you want to see the entire episode just click here. We’ve put together a quick highlight reel for your enjoyment as well.

Good luck with your product development and please contact us with any questions.

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Leardon’s CEO co-hosts first live show “Patents and Prototypes”

Tuesday was a fun night! It was the first night that the Leardon team was able to lend their product development expertise to not only some San Diego local entrepreneurs but also inventors and startups across the country via a live interactive web video platform. We even had a few really good questions from a student at Cal Poly who attended the live show.

The show focuses on the patent process and prototype process of new product creation. We hope this once a month show brings value in terms of education and entertainment to that process and those wanting to pursue their dreams and build products that are innovative.

Below is a replay of the show. You can also find out more here

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Patents and Prototypes – The Live Show Airs Tonight!

patents, prototypes, leardon solutions, intercontinental IP, Joseph donoghue, eric hanscom, live showWe have been very busy here at Leardon Solutions helping Entrepreneurs and businesses with their ideas and products. It seems the busier we get, the more inspired we are to reach out and touch the community in new ways. Social media has been a great way to keep in contact with entrepreneurs, inventors and businesses. However, tonight marks the start of a new community outreach program that Leardon Solutions will be part of.

Starting at 6:30pm/pst our very own Joe Donoghue co-hosts a monthly live web show just for entrepreneurs, inventors and businesses owners. The show is all about the product development and patent process. We’re very excited because it’s our way of reaching out and speaking with a community that we don’t often get to see face to face outside of our own geographic areas. It gives us the opportunity to answer questions in real time and an offers an opportunity for the community to interact with each other via chat and webcam.

We hope that you can make it. Here is a link to the show schedule and a link to the live show that starts at 6:30pm/pst. Just login as a guest using your real name so that we know who you are and bring those patent and prototype questions!

Thanks and hope to see you there!

The Leardon Team

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