Sometimes we have to turn clients away. Please read on to find out why you may not be suited for our services or if you are already 100% sure, what you can do about it!
At Innovolo we don’t work together with everyone. And this is for a number of reasons.
So what does it mean if you’re not a good fit for Innovolo? Not that we don’t like you! On the contrary. It's more about who we can provide the most value to as a company and whether we can provide you with the most value as a client…
First of all, we’re not just about product development. We’re also very much into technology and innovation. As such, we work with companies that do more than just sell products. Often these are businesses that have their core business within R&D or technology.
In order to be a good fit for Innovolo, you should know what you want to develop, have a clear goal in mind and be willing to take measurable steps towards achieving that goal. We’re not looking for “hobby entrepreneurs” or people working on projects that are fun but also hoping that something profitable will come out of it.
We'll now go through some of the main reasons you might not be suited for Innovolo:
I haven't got the funds, or I'm waiting for a grant.
We’re not a grant provider and we don’t invest in projects. Maybe in the future, we could, but there are other companies that do this much better than Innovolo.
We may be able to point you in the right direction to get funding, but that won’t be a direct service we provide.
I don’t want to pay until I see results or my idea is patented.
We all agree that payment should always follow work. But it’s not possible for us to do the development and then wait for payment. If a payment is a barrier, we’re not a good fit.
I just need to recruit talent.
We're not a recruitment agency. If you want to find your own people, we can tell you how it works in practice. But finding the right team is not something we provide as a service.
I want to build an app or web application.
This isn’t our core business either. Innovolo focuses on physical products, however, if your project involves embedded systems, we may be able to help you.
There are many partners that provide these kinds of services in our network that Innovolo can arrange for you. Just let us know what you’re looking for and we’ll put you in touch with the right people!
I'm not (yet) sure what I'll need and I don’t know who to ask for advice.
We like to see ourselves as the connector between the client’s team and our network of companies. We know there are some fantastic opportunities out there for you. But we can't provide more insight on this if you don't have a clear idea of what your product is or what it will do or how it should be produced, etc.
Sometimes clients come to us who have a product idea in mind, but not a lot of knowledge on how to make it a real product. That’s all well and good until you don’t know if your concept is feasible or who you could ask for advice.
In that case, we can carry out a feasibility study for you. Just book an appointment with one of our team to get started.
We may refer you to someone else if we know there’s something they do better than we could.
I am just needing a manufacturer.
We won't take over your project if we can't add value to your business. Innovolo don't manufacture products. If you need a manufacturer, we'll try and put you in touch with one of our contacts.
I want a development partner that will invest in my idea.
As mentioned, Innovolo doesn’t invest in client projects. Our team only provides the product development service. We do not handle capital or funding.
I’m looking for an agency that will help me to design my products exactly like I want them to be.
At Innovolo, our engineers work with you on developing your ideas until you're 100% happy with the end result. However, we will always also take your budget and time constraints into account. If you have clear ideas on how a product should look, we'll do our best to make it happen for you - but there are some limitations to what can be done!
I just need a CAD drawing.
We can do that and we’ll be happy to help you. This work would be part of our on-demand services. So, just contact us for more information.
I want to take my product to market.
Innovolo develops products for clients with the aim of getting these products onto the market as soon as possible. We don’t manage or directly sell any products.
I change my mind or priorities every 5 minutes.
We're joking. But not really. If you have a mind that works this fast, you've got a lot going on - and we don't have time for it in our projects, because we work fast too. So if you're like this and you want to work with us, fine, but let's get the scope of the project defined first.
Get started by grabbing 30 minutes with us now.
I want Innovolo to provide incubation space for my startup.
We're an R&D company, not a coworking or incubation space. If you need that we can probably find you a better match.
I want to outsource my product development at a fixed price.
Innovolo are not an external engineering service that will quote you a fixed price for your project. This is because there are too many variables when developing new products. We don't know the required specifications, materials, suppliers, etc., in advance.
I don’t know how much money I will need upfront before starting.
The answer above applies here too. Innovation is inherently an area with a lot of uncertainties. Simply put: we don't know how much it will cost before we can start. Our discovery phase will help to narrow down the cost to a reasonable range and limit your risk exposure. This will cost you £4,750 +VAT.
I want to find out about your incubation program.
Innovolo provides product development teams with additional capacity, capability and momentum in their product development projects. We are NOT looking for participants to join our Incubation Program.
I want you to help me set up manufacturers in China.
We can't do this. We only provide the product development service and we don’t manage any manufacturing process.
I am looking for someone to help me get my product on Dragons' Den / Shark Tank / XFactor.
Innovolo are not a television production company or audition venue. If you need advice on how to pitch your product in front of the panel, have a look at our pitch deck templates. These are free to use.
We don't see the need for innovation.
So what are you doing on our website? If you are truly not interested in innovation then the Innovolo product development service is probably not for you.
You must be an expensive company if you only work with big corporations.
We love working with big corporates, as we only work with the best and most experienced people in the industry. However, we do also work with small to medium-sized businesses where we can use our R&D processes to prove your idea at a lower risk and cost.
We can't sign a Non Disclosure Agreement.
Innovolo work on confidential projects every week and we have been doing this for many years with great success. As our client, you will be able to retain all the IP in your product, so confidentiality is very important to us too. You can find out more about our confidentiality procedures here.
I don't want to sign a contract.
For an end-to-end product development project, we will need you to sign a contract and we will also need an initial payment. We talk more about why here.
However if you only need our on-demand services, let's have a chat.
I need my project run in a specific way. My way.
Innovolo is focused on best practice, lean project management and collaboration across multi-disciplinary teams. This has proven to provide the most efficient approach for developing new products at speed and within budget. This means we need you, as the client, to be flexible so that we can keep our services efficient and able to meet your needs.
I only need a single prototype.
We hate to break this to you, but that is going to cost you a lot of money. If a design agency tells you that they can create a successful product in one go, I would run a mile. Fast feedback and multiple iterations are the keys to successful product development. This does mean that we need you to be on the ball with giving us good, actionable feedback when we ask for it so we can get your product to market quickly and for a lower cost.
Hopefully, you now have a better understanding of why Innovolo may not be the best fit for your product development project. If that is really the case, then please don’t hesitate to contact us if you want to discuss how we can help you.
If all of this makes sense, then great! And if you’re feeling brave and want to give us a go, we would love to hear from you. Get started by grabbing 30 minutes with one of our team.