Founder & CEO of The Smart Baker which appeared on ABC's Shark Tank / Founder of DG Design and Print / Serial Entrepreneur / Speaker
I don't work for a marketing company, I'm a user. I can provide you with insight from a advertisers perspective and provide you with real life knowledge based on my personal experiences.
We started out with a one-product site I ran out of the garage to a full e-commerce business with in-house warehousing, order fulfillment and product development. We are now a national and worldwide supplier of our products and successfully launched into retail.
From concept to finished product, I have been able to successfully source a variety of products for my businesses and for others. With established relationships and trips overseas, sourcing has become second nature.
Successfully pitched our company and products to Mark Cuban, Daymond John, Kevin O'Leary, Barbara Corcoran and Robert Herjavec on a national stage during ABC's Shark Tank.
This is a question everyone starts with. I think one question you'll need to answer is what path do you want to take with the product idea? Do you want to make it and sell it? Do you want to license it? What's your goal with it. From there, then you can map out your plan. There is always risk involved, but there are definitely warning signs. Stay away from anyone or company who makes wild promises or the "sure thing". If it's too good to be true then it usually is. There are companies out there like Edision Nation, Quirky and others who help people in your scenario.
Great feedback from Daniel. Very open and honest about his business and experiences. Looking forward to our next chat