Mar 11, 2023
The Instafloss Invention – Eli Packouz – Ep 128
Eli is the inventor of Instafloss, the world's first 10 second floss.
I love invention episodes because we cover topics from engineering to marketing.
We talked in detail about how Eli came up with the idea, how he validated it was something people wanted, and how he engineered it.
Eli worked with experts like dentists to create the ideal design. The product had a successful Kickstarter campaign. You can pre order it here: https://instafloss.com/products/the-10-second-instafloss
Number one tip:
You have to partner with people who know the stuff you don’t. For Eli that was dentists.
You can pay consultants or give equity.
Clause – Make sure they do what they need to do or they don’t get the equity. Want to be very careful with equity partners.
How do you convince someone to work for equity – if its truly a good idea they will be on board
This week’s episode is Sponsored by Onshape .
Onshape is the only cloud-native product development platform featuring professional-grade CAD and data management. With Onshape you no longer need an expensive workstation - all of the heavy lifting is done in the cloud - things like rendering and creating large assemblies can be done on inexpensive devices
Onshape is a professional tool like Solidworks. It was actually created by the same founders as Solidworks.
I have used Onshape and if feels just like Solidworks, with all the same commands. So if you are a current Solidworks user, it’s a very easy transition.
I highly recommend the engineers and product developers listening to consider using Onshape for their business
You can try it for free at Onshape.pro/EngineeringEntrepreneurPodcast or click the link in the description