This document references QuickBooks' How to start a business
- Define our vision
- Research our market opportunity
- Research our competition
- Write a business plan
- Perfect our sales pitch
- Understand our startup cost
- Plan our starting finances
- Develop our product
- Determine my business structure
- Investigate your legal requirements
Making amazing technology easier and cheaper.
Whenever I see amazing effects created by cool technology, I can always be stopped by the high price and complicated usage.So, I started trying to solve the problem a little bit to make it easier to use. In the process, I also became more powerful to realize various creations.
I have been sharing my creative process in the hope that others will find more problems to solve and interesting application scenarios.More and more works are liked by people and even want to buy them.
Once again creating a company that incubates dreams, open source and do it together.
After more than ten years of development, the open source hardware ecosystem has gradually matured, helping many makers realize their whimsical ideas, and also helping many companies complete rapid prototyping. Various open source agreements make the maker ecosystem very active, but also limit the commercialization of open source hardware to a low level.
Try to develop applications using open source hardware, keeping hardware design and software functionality open source. The user interface and interactive logic are packaged into commercial firmware and distributed to users by subscription.
It not only has the characteristics of rapid development and iteration, but also has the continuous business model of firmware subscription.
The slogan is loud, but people may not believe it. Success stories need to be shown in front of people. Miracles do not wait to come, but create their own hands.
Just like making hardware, proofing first.
I need some tools for my films. However they are too expensive to buy. For example, the DJi 3DToF module for autofouce, it's over $600. I try to make a tool for autofocus,measuring by ToF sensor and controlling with BLE. Only for BMD Camera Now.
The Hardware is open source. All functions are open source too. Everyone can use the source files for free. The ROMs are subscriptions by $100 per year.
Form 2022-09-1 to 2022-09-18, Use Open source Hardware, M5Sticks Plus + HAT ToF. Coding...
It works on Bmpcck4k When 2022-09-20.
Basic UI Done when 2022-09-23
BMPCC4K autofocus module Large aperture macro to 2M Test 40mm f/2.8
Focusing speed optimization
Recent: BMPCC4K and BMPCC6K users
Mid-term: Panasonic GH5 and GH6 users
- Remote recording, stop button
- Remote manual focusing of the lens without the use of an external motor
- Center point area 2m auto focus
- Center point area 5m auto focus
- Center point area 10m auto focus
- Millimeter wave radar multi-point focus
- One level of color mixing (Only for BMD Camera)
- Digital Field Marker (Only for BMD Camera)
- Timecoder(Only for BMD Camera)
The market size needs to be estimated through sales channel understanding, and since BMD is a private company, its financial information is not available.
In the end, market research means quantifying the opportunity your product or service represents. Take time to figure out the total addressable market (TAM) of your potential customer base. Estimating the current and future value of your business idea and setting reasonable goals can help you win a piece of the pie.
The BMD Camera only has the ability to autofocus a single time and cannot continuously follow the focus. Panasonic's GH5, GH6 and other devices with autofocus are also not very good.
Who will your business serve? Begin to identify your target market with demographics like age, gender, income, and location. Then go deeper through personas or create a customer journey map.
The reference information is as follows.
Begin to identify your target market
There is currently a stock of BMD Camera users in the small studio market. To achieve the autofocus function, there are DJi solutions on the market, which are expensive and can only work with stabilizers for the time being. There are software developers who make iOS applications that can achieve the autofocus function, but they can only be used on iPhone 13 Pro models and above.
Competitor analysis is one of the key ingredients to a successful business. It not only lets you see what’s out there to compare, but you can also see where your competition is lacking. This means finding the gaps, exploiting them, and reaping the benefits of your improvement on the market.
The reference information is as follows.
Based on what is currently known, you will need to register your business, obtain an Employer Identification Number (EIN), open a bank account, and file an annual report by March 1 of each year.
Need to have a physical address where you can receive USPS business mail.
A Foreign Investor Information Report may be required to be filed with the Bureau of Economic Analysis.
To open a business entity outside of Delaware, you will need to obtain a franchise permit from each state. A franchise tax of at least $400 per year will need to be paid to the State of Delaware.
There are other situations that will be updated here.
The Chinese government requires all overseas investments to be filed or approved, requiring information on the investee company and the project's investment plan, which have been produced. Prepare to submit the relevant information.