If there was an exact amount of time to know when you are flogging a dead horse in your new or current venture, then life would be easy, right? While starting a business, it’s easy to go for the cheap and easy fix. You’re excited, optimistic, and chomping at the bit and fall into the trap of inefficient solutions.
On average in the field of wearable technologies, new businesses invest around 1-2 years before figuring out if their solutions are desired by the market. Lack of market knowledge and the failure to differentiate between good solutions and bad solutions often lead to a huge loss of time and money in the early journey of a business.
The concept of design thinking is very prevalent in the early phase of wearables’ product designing. Design thinking is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems and create innovative solutions to prototype and test. These days huge importance is given to the early stages of product design and development, and the identification of scalable business solutions. This can help small businesses save a lot of money and help them with a quick exit strategy in case of a nonscalable business solution.
In this edition of “Wear It Live” we invite experts from all related fields to discuss the importance of identifying scalable business solutions in the very early stages of the lifecycle of a successful wearable device
Thursday, July 1st, 2021 at 6 pm – 8 pm CET
Panel Discussion (60 min)
Lightning Session (45 min)
This networking group is dedicated to the exchange between stakeholders of the wearable tech industry and professionals interested in the topic of close to body devices & services. We are bringing together experts from cross-industries, showcasing existing products, upcoming start-up ideas and near-future business concepts that have the potential to impact our lives and disrupt industries.
“ProGlove has grown rapidly and as a founder of the company I can only take part in selected events. Attending Wear It Festival as a speaker and exhibitor was very valuable for us. Here, leading innovators from Europe and the US come together to network in a great atmosphere”
“Wear It Festival is one of the most extraordinary events that I have attended so far. It definitely plays a crucial role in shaping the future of fashion. I had the opportunity to get in touch with many designers and leading players during the Festival! Thank you Wear It for connecting us!”