How to build a billion dollar product | Michael Casey | TEDxFlowerMound
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- Опубликовано: 5 июл 2024
- How do you become a millionaire? Michael Casey talks entrepreneurship and how to build a billion dollar product. After hundreds of trips to China, where he met manufacturers, visited factories, and bonded with the local culture, Michael became an expert on creating products. This engaging talk is critical for any entrepreneur wanting to create and sell products.TEDx is about ideas worth spreading. TEDx is a program of local events designed to bring people together to share a TED-like experience. Just like a TED event, the TEDx event is focused on bringing in live speakers to spark deep conversations and connections in a smaller group. CEO/Entrepreneur This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx
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Take advantage of Michael Casey vast experience and sage advice in developing billion dollar products. it will save you a fortune in time and development fees.
1) Timing is everything!!!
2) Know your audience/avatar/customer for the product before you begin!!!
3) Designed to Distrust the market or category
4) Make sure you are exclusive, They can not get it anywhere else.
5) Make sure they are satisfied
6) Be in a category that people want to buy from
7) 25M2 Rule 35 million people need to be doing your product or service 2 times a week
Nice feedback James, thanks!!
Thank for your words of wisdom. The 25M x 2 rule really helped me to move forward with my invention idea. I am currently working with Davidson to produce the prototype.
Your humor, clarity of story, and take away will inspire
and motivate our next generation of inventors!
Thanks Marvin!!
Brilliant! Perfect tools to move from wanting to create a product to creating a product that is successful!
Without you, none of this happens.. so there's that..
Yes.... others have jumped on my idea train...Or maybe they would be in that graveyard. You've inspired me to think about the timing of launching these creations and use your expertise. Well done!!!
I think the "design a piece of junk, make it in China out of junk, and sell it to as many people who don't need it as possible" approach to product design and development needs to die a horrible death. Make circular products in your community for the people in your community who need them.
A noble goal. Thank you, I see what you mean!
Wonderful TEDx talk!
This was highly satisfrying! Verily enjoyed your talk.
😄
TIDES! Michael, brilliant - thank you for being open to share your approach to successful products. Your delivery is humble, humorous, and engaging.
Tanya, that's very nice of you to say.
Hello Tanya
@@davidmason6813 - hello. This is an incredible TEDx talk you landed on - enjoy!
@@TanyaWaymire I love your good sense of humor
Where are you from?
@@TanyaWaymire I would love to know more about the TEDX
Great! Looking forward to meet with you again on your next trip to China.
Looking forward to China soon!
Great talk!
Way to go. Great tools and information.
Thanks for the kind words!
thanks for this interessant programm.
I appreciate it Pietro
This is cool but does anyone have an idea of what to do after you have the product idea?
Like where do I go to develop and prototype my idea?
Speaking of exclusivity. There are several e-mobile companies. Not only Tesla.
Michael nice!!!
I’m freakin hyped after listening to that
And after that? What you did?😂🤣
@@devimayakhadka794 started working hard
Ah man that segway joke was savage.
Thanks!
Only 1k views seriously
Thanks for the post
Are people satisfied with their Teslas?
I think this was a lost opportunity cause he could have said something like... "You bet! Cause people who own a Tesla won't stop talking about it!"
😂😂
Climate science denial, thinking that Elon Musk invented the electric car…. Way to go
Lamest TED talk ever
I am sorry you didn't like it. Have you ever given one so I can watch yours an learn how to provide a better talk? I am always willing to learn and try to get better at everything I do.
@@michaelcasey1991 my statement wasn't saying "I'm better", rather comparing the TED talks I've seen, hence your response seems childish. To make things more constructive, here's what I disliked:
1. Stating the obvious, general knowledge things
2. Everybody's smart in hindsight (why others failed before), no added value
3. Adding a joke related to someone's death (unforgivable imo)
@@1merkur commenting on expert talks when you have never given one seems childish and lot like internet trolling. Calling things lame from the sidelines is easy. Give a talk about something then let others critique it.
@@michaelcasey1991 you just confirmed my first guess: arrogant, fragile pile of hubris. I wasted enough time with you & your "expert" talk. Bye.