Opinions expressed by Entrepreneur contributors are their own. Working on a new product is always an exciting and risky process, even when you have all the data suggesting that the product is a win.

Opinions expressed by Entrepreneur contributors are their own. Amazon Fire Phone, Google Glass, New Coke and Nintendo’s Virtual Boy: What do all these products have in common? They didn’t sell.

Ryan Gray is Co-Founder and CEO of SGW Designworks, a product engineering and design firm featured in The Lean Startup. It’s very common for a prospective client to come to our product development ...

Jackson (left) donated 3,000 Lock Laces to kids participating in the Special Olympics. Understand what the retail value of the product should be. A lot of people come up with a great idea but they ...

Prototyping can prove -- or disprove -- the value of your design ideas. This Engineering Essentials article covers the basic concepts behind early software development, virtual platforms for hardware ...

Every business venture starts with a unique idea and a vision to provide the market and its consumers with a product they not only need but desire. However, ideas alone aren’t enough to impress ...

A prototype is an early, trial version of a product/service made to test and improve ideas before the final version is created. Prototype is a preliminary, often incomplete, version of a product, ...

Building hardware is rarely a straight path from idea to finished product. Most teams begin with a rough concept, test ...

WEST LAFAYETTE — In the midst of a challenging semester (in which many students never even met face-to-face), Purdue Mechanical Engineering (ME) seniors have created a variety of progressive products.