60: DIY Product Development with Filip Valica
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 5 December 2016
⏱️ 52 minutes
🧾️ Download transcript
Summary
How to turn ideas into a product. Filip Valica, a mechanical engineer and small business owner, shares his personal journey, and tips & advice on how to develop your product idea and bring it to market. He helps people take a DIY (do it yourself) approach to product development. Filip's business, and podcast (recently named "10 Best Podcasts for Designers and Innovators" by Inc.), is The Product Startup – your guide to getting there. He offers resources and coaching services for entrepreneurs and product developers at every stage of the process.
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Transcript
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| 0:00.0 | Welcome to the How of Business with David Begin and Henry Lopez, the podcast that offers practical advice and tips on how to run and grow your small business. |
| 0:10.3 | The How of Business helps aspiring entrepreneurs and small business owners achieve their definition of success and overcome challenges that get in their way. |
| 0:18.6 | This podcast series focuses on the everyday common business issues, |
| 0:22.6 | challenges, and opportunities that face the small business owner. So here now are your hosts of |
| 0:27.7 | the how of business, David and Henry. Welcome to this episode of the how of business. |
| 0:36.1 | This is Henry Lopez with you here today. And my special guest, Philip Valisa. Philip, welcome to the show. Hi, Henry. Thanks for having me on. It's our pleasure. Let me give our listeners a background on you and highlight some of the things we're going to chat about in this episode. Philip has been a mechanical engineer and an engineering manager for over 12 years. |
| 0:57.2 | That means designing, testing, and building products. He has worked for a broad range of companies |
| 1:03.4 | from mom and pop small businesses to some of the largest corporations in the U.S. |
| 1:08.9 | Philip is the founder of the product startup. It's a site and |
| 1:12.2 | also a podcast that provides a step-by-step blueprint for aspiring product creators wanting to |
| 1:18.2 | bring their ideas to market. He has developed the DIY product development process, and we will |
| 1:23.8 | chat about that. Along with his mom, Philip immigrated to the United States from Czechoslovakia when he was |
| 1:30.2 | seven years old with two suitcases and $80 in cash. |
| 1:34.3 | That's a true immigrant story there. |
| 1:36.3 | We'll definitely dive into that a bit. |
| 1:39.1 | They left behind all of their family and almost all of their possessions. |
| 1:43.4 | His journey and success in the United States is proof that it's possible to create your own |
| 1:47.1 | luck through hard work. |
| 1:49.6 | Philip lives in Houston, Texas with his wife and daughter. |
| 1:52.9 | And after his daughter was born, he realized that he needed to focus on his passion and |
| 1:57.8 | the product startup launched soon thereafter. |
| 2:06.0 | He believes anyone can develop a product using recent advances in technology and tools and by following the same roadmap that many other companies use to commercialize their ideas. |
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