There are so many ideas out there today on how to make money. Everywhere you turn you see an article on how to make passive income, how to succeed as an online seller or how to blog your way to success. Then there are the endless side hustles you can choose from, anything from driving for a ride-sharing service to become a restaurant meal or grocery delivery person. Beyond that, there’s the ubiquitous idea of renting out part of your place as an online B&B.
It seems like in the rush to do things online and virtually, in our focus on the service economy, we forgot something really important. You can make great money by actually making things. The time-honored tradition of creating an actual product that helps people seems to have gone by the wayside in recent years. And yet the economics for creating products is incredibly strong. If you are able to create a unique, custom item that you designed, you’ll be the only source and will make a great amount of money too. As the first step, you just need to bring your idea to life.
Casting Services
If you have an idea for a unique part or item that can be made out of metal, such as bronze, you can use the services of a company that is an expert in metal casting. You’ll want to look for a company that has many years of experience with metal casting, and also provides ancillary services that can help finish the produced product.
When you are creating bronze castings, the most commonly used method of production is sand casting. During this process, an alloy is heated up in a furnace and then ladled and poured into the empty cavity of a custom-designed sand mold that was made from a pattern. When the sand mold separates, the solid casting is ready to be removed.
3D Printing
The introduction of 3D printers opened up many more possibilities for product design and development. With a 3D printer, you can produce an item quickly and can then make iterative changes to the product’s design at a very rapid pace.
Imagine that you have a finished product item in your mind. Now slice it horizontally, until you see your product as a series of very thin layers, one after the other. That’s how a 3D printer works. It prints, or creates, layer after layer one upon another until it builds up the finished item.
Use Crowdfunding to Pay for Product Production
Perhaps you have a hot new idea, but no way to pay for product production. Luckily, you can tap crowdfunding resources and use the power of viral marketing and video communication to help bring your product to life.
With crowdfunding sites, you can showcase your idea and get people interested in buying before the item has even been created or built. If you produce a winning video, you may even go viral and get local or national buzz that catapults you to instant success.
If you have a great idea for a product that is unique, or satisfies a consumer or business need, you can jump start your product development and quickly bring your brilliant idea to market. Great products give you a unique edge and position in the marketplace, and can generate a lot of revenue.
