Great idea for a quick cash grab but then you will lose growth. You will run into insta pot problems where the product was too good and lacked room for innovation. But someone should do it anyways.
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I would be totally cool with running a business like that. I don’t need to be making more and more every year if I have enough money to be comfortable, and I’d feel way better if I was in charge of a company making products that respect their user.
Maybe treat it like a business instead of a "quick cash grab" like instapot did? They should have used those early profits to diversify into other product areas. When demand for home cooking equipment predictably fell after COVID, they weren't prepared.
Is instant pot losing money on their product? I just got one last month and it’s been amazing for making meat tender and making bone broth.
I'm not against it having an open API to allow it to be controlled by some computer system, though don't even bring up the word "cloud".
My refrigerator is still going strong at 22 years
45 years here. It's loud as fuck but it still keeps things cool.
I thought about this too. People are sick of this shit.
Gonna have to rebrand all that to Just A Dream, unless you have a plan to secure the capital to start that all up, and also somehow not be beholden to short term profit crazed investors who will change that business model.
Hooray! Hypercapitalist Realism!
IANAL but somehow I get the feeling that entering those industries as a new guy would be a real pain in the ass at the patent office.
Just commenting that you said IANAL and "pain in the ass" and I'm still laughing
I've been thinking about this for a while now, how I just want a basic bitch electric car. No centre console, no futuristic screens, no sensors, no cameras. Give me a normal fucking car with dials, a speedo, some padles on the steering wheel to adjust power output to replace gears and no driver assist. Sell it to me for cheap and let me drive my car. That's all I want.
I'll invest in this guy today.
I thought multiple times about resurrecting this: https://www.lincrevable.com/en/
The problem is that you think that would make the 'just' products cheaper. The reality is that the data and advertising subsidize the costs of the existing options and make them cheaper then what 'just' could sell for.
Case in point: Smeg already does this, and all their products are considered upmarket. They're just really solid normal appliances.
No technology huh?
So a bucket, washboard, mangle, and piece of string for laundry.
An ice box or cellar for refrigeration
And an open fire for cooking.
Pretty sure all of those could as technology too, except maybe the fire.
Ooh a company that sells refrigirators that don't suck. Call it "suckless."
I've been pondering if one could make open source controllers to replace the "smarts" in these with something that actually just does the job, and even customizable. With different sensor addons/adapters for different makes and models.
Similar to my idea called to make a clothing brand called “brandless”
No logo, no graphics, no distinguished designs
Just plain basic clothes in basic colors, using fabrics that last.
No itchy washing label either. All product information in detail available on site. At most a product number printed or sown on the inside.
I mean Uniqlo is kinda like this. No brand (at least in most of their basic stuff, I‘m not counting their new shit), long lasting and not expensive
"no tech"
Some of these products already exist. They are expensive. If you go back and look at the long-lasting appliances of the past, they were also expensive.
One example is Speed Queen washers/dryers. Also Bosch dishwashers.
And I will sell it in a store called "in stock" because we have these things called "computers" that can reorder a product once one sells so the shelves aren't empty. Because American companies have never heard of that concept.