https://www.klugonyx.com/ When you are venturing your own product to market, where do you turn for help with manufacturing? Who do you contact to make your invention for you? How can you avoid getting taken advantage of when working with factories overseas? How can you find the best price for your first shipment of product? These are just some of the stressful questions that accompany starting your own business! Which is why Nate's company Onyx360 exists — to help inventors get the best product possible. From their office in Dongguan, China, his team vets factories, negotiates prices, and oversees tooling, sampling, assembly, and quality control for every run of their client's product.
In a nutshell, Nate's company Onyx360 helps inventors and small companies identify and work with the right manufacturing sources for their products. This is the sister company of the product development firm Klugonyx, whose founder we interviewed last week in this video: https://youtu.be/ut3XP1WHP0A
Stephen also asks Nate pointblank: How can you prevent or stop overseas manufacturers from selling your product behind your back? Nate gives an honest answer, which is that you don't stop it — you anticipate it. Intellectual property protection can help (especially if you have something unique) but stronger relationships between clients and manufacturers can help even more. Suppliers are always watching the market! Nate says, you have to anticipate that after you go out there, you will have competition. This is true for any successful product!
Can you develop a manufacturing method that is so unique that others won't copy it? Maybe. But that can be expensive and time-consuming! Evolving a manufacturing method slightly can be much smarter and more effective than building expensive brand new machines. It all depends on the product.
Great info Nate!
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