neosd
Neosd Developer
- Joined
- Oct 18, 2016
- Posts
- 956
Hello Everyone,
I have decided to start a new thread to discuss about our new product(s).
I will start quoting the last commend on "the other thread"
This is harder to understand if you don´t see the internals of the company.
We have made money with NEOSD but we haven´t earned money with NEOSD.
We had to hire and pay a lot of people for pcb design, fpga coding and other tasks such as mold design.
Then we have produced in Spain with high quality pcbs and high IC prices. Producing in China not only lowers the pcb and SMT soldering but also the ics are cheaper there, while lowering the pcb and soldering quality aswel ...
Sum to that the pile of taxes we pay. About 50% of what we sell goes there : VAT (only in Europe), Compnay taxes and such things
Our plan for the first year was to invest everything back in new products and so we did.
So where this all goes ? If we want to keep developing, we need to make money and if we want to make money we have to make products that as much people as possible want. As bigger the market is for a product as cheaper we can sell it and save costs while producing it aswel. As more units you produce better prices you can get buying ics, pcbs, mounting those at factory and so.
Resuming, we are about to start on our seccond company year and our goal is to make the company profitable to be able to develop bigger things. So far we have spent 1,5 years working in one project that we still don´t know if it will work (and if we will get our investment back, time and money).
So for now, NEODEV and myself keep putting our time and NEOSD´s money on Terraonion while paying everyone else. Our pockets have the same money as the day we started selling NEOSD, we are ok with that cause only one year passed but if we can´t make the company profitable in 3 years we will have to think in a different task where to put our time at, you just can´t keep working for free you entire life for more than you love what you work at.
I really feel that with our current team we can build anything we or you can imagine. The big issue here is that our resources are limited, so to me the challenge here is not only choose what product to develop to maximize sales, but also to find more skilled people to join our company so we can grow.
BTW this dosen´t means we are not developing niche devices such as NEOSD, cause we are right now, but we need to sell more units than NEOSD did, this is a fact.
Just remember, we are not some forums guys trying to make some device to fast proffit while we have a “real life job” that pays the bills. Selling those fast, not paying taxes an not paying people to develop it. Not investing in production, paying the entire production with preorders. This is how one makes money guys, not spending a single cent and not paying taxes.
Our approach has always been different : to build a company and make it grow, while developing nice things.
Alex,
I have decided to start a new thread to discuss about our new product(s).
I will start quoting the last commend on "the other thread"
This is harder to understand if you don´t see the internals of the company.
We have made money with NEOSD but we haven´t earned money with NEOSD.
We had to hire and pay a lot of people for pcb design, fpga coding and other tasks such as mold design.
Then we have produced in Spain with high quality pcbs and high IC prices. Producing in China not only lowers the pcb and SMT soldering but also the ics are cheaper there, while lowering the pcb and soldering quality aswel ...
Sum to that the pile of taxes we pay. About 50% of what we sell goes there : VAT (only in Europe), Compnay taxes and such things
Our plan for the first year was to invest everything back in new products and so we did.
So where this all goes ? If we want to keep developing, we need to make money and if we want to make money we have to make products that as much people as possible want. As bigger the market is for a product as cheaper we can sell it and save costs while producing it aswel. As more units you produce better prices you can get buying ics, pcbs, mounting those at factory and so.
Resuming, we are about to start on our seccond company year and our goal is to make the company profitable to be able to develop bigger things. So far we have spent 1,5 years working in one project that we still don´t know if it will work (and if we will get our investment back, time and money).
So for now, NEODEV and myself keep putting our time and NEOSD´s money on Terraonion while paying everyone else. Our pockets have the same money as the day we started selling NEOSD, we are ok with that cause only one year passed but if we can´t make the company profitable in 3 years we will have to think in a different task where to put our time at, you just can´t keep working for free you entire life for more than you love what you work at.
I really feel that with our current team we can build anything we or you can imagine. The big issue here is that our resources are limited, so to me the challenge here is not only choose what product to develop to maximize sales, but also to find more skilled people to join our company so we can grow.
BTW this dosen´t means we are not developing niche devices such as NEOSD, cause we are right now, but we need to sell more units than NEOSD did, this is a fact.
Just remember, we are not some forums guys trying to make some device to fast proffit while we have a “real life job” that pays the bills. Selling those fast, not paying taxes an not paying people to develop it. Not investing in production, paying the entire production with preorders. This is how one makes money guys, not spending a single cent and not paying taxes.
Our approach has always been different : to build a company and make it grow, while developing nice things.
Alex,
