Prototypes Building Business Success Stories [2024]
Ever thought of bringing innovative ideas to life? A prototypes building business could be your next venture. This business revolves around crafting tangible models from abstract concepts, enabling inventors, startups, and companies to test and refine their designs.
In straightforward terms, you’ll be turning sketches and plans into physical prototypes using materials such as plastics, metals, or 3D printing technology. The work involves a combination of creativity, technical skill, and problem-solving.
Imagine the satisfaction of partnering with visionary minds to help realize their next groundbreaking product. With the increasing demand for rapid prototyping to speed up development cycles, your services will be in high demand.
Starting this business requires upfront investment in equipment and the honing of your craftsmanship. Yet, the potential rewards—both financial and in terms of personal fulfillment—make it a compelling pursuit for those passionate about design and innovation.
In this list, you'll find real-world prototypes building business success stories and very profitable examples of starting a prototypes building business that makes money.
1. Voltera ($3M/year)
Alroy and his business partners came up with the idea for Voltera after realizing the frustrations and challenges of designing and prototyping electronics. They saw the need for a circuit printer specifically for electronics engineers, and decided to use their engineering backgrounds to create a tool that would make the process faster and more efficient.
How much money it makes: $3M/year
How much did it cost to start: $500K
How many people on the team: 20
Voltera manufactures a circuit printer that has surpassed expectations, with over thousands of units in 65 different countries being used in various industries, from business to education to government, making it a worthwhile investment for hardware engineers.
2. Dusseau and Company ($420K/year)
Mark, the founder of Dusseau and Company, drew inspiration from his personal experiences as a former foster child and his professional background in software development. He saw a need to help small businesses and diverse founders build disruptive software companies, and thus, Dusseau and Company was born. With a scientific approach to product development and a commitment to empathy and helping others, Mark has successfully worked with clients like Chevron and JP Morgan Chase, helping diverse founders raise $700k in funding and achieve over $15 million in company valuations.
How much money it makes: $420K/year
How much did it cost to start: $1.5K
How many people on the team: 0
Dusseau and Company is a boutique product development firm focused on helping diverse founders ideate, design, develop, and scale disruptive technology companies, with a leading service of executing different levels of the product development lifecycle, and boasts an impressive metric of helping diverse founders build products that have gone on to raise $700k in funding and over $15 million in company valuations.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.