Ending Soon! Save 33% on All Access

4 Things You Can Learn From A Founder Who Invented Smart Products Before they were "Smart Products"

By AJ Agrawal Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

When Ehsan Alipour designed his "SmartIron" for a class project at Stanford, the idea of "smart" products had yet to be popularized. Apple wouldn't release the first iPhone for another two years and touch technology was just emerging. At first thought, an iron may seem like an unambitious choice for a project, but 11 years later, Alipour has built an entire company upon his school project and expanded his product line to over 2 dozen more "re-inventions."

Building a physical product is different than an app or SaaS platform where you don't hold physical inventory or have to worry about shipments and manufacturing. Still, there are things you can learn from Oliso that apply to any industry.

1. Big Successes Sometimes Come in Odd Packages

At a time when inventions like The Cloud and GPS were budding, Ehsan chose to reinvent an everyday appliance people have relied upon for the past 130 years. After a century of irons sitting upright, Ehsan laid his iron sideways and added touch-activated legs for a school project. This more stable design keeps the metal face of the iron towards the board and away from you. Says Ehsan, "I always thought there was a better way to do things (and if it's fun too, even better) and I am never satisfied with the status quo." Once the iron was distributed, it gained a whirl of popularity, sold incredible amounts of units and made Oliso into a popular home product company.

2. Know What Motivates You

The SmartIron may have started as a fun design project, but it was how users engaged with his invention that captured Alipour. This is what other founders should really focus on. User experience and understanding how your customer behaves when engaging with your product should always be your motivation to continue building.

3. Focus on Your Community

After the success of the SmartIron, Ehsan did not stop creating. He says that Oliso is "people-focused and has an ongoing dialogue with various communities that use [their] products heavily. People and their needs drive the next invention or reinvention." When Ehsan thought about his own kitchen, he was struck with a realization: "Our ancestors used to stoke a fire to bake bread in their oven before ovens had thermostats. And essentially that is what your stovetop still is today."

Listening to the community is the difference between a success and failure for a brand - especially one that is so heavily used in daily life.

4. Build a Team You Can Rely On

Behind every successful founder is a great team. Oliso is no different. Ehsan's wife, Shann, is his biggest supporter and partner. Balancing a business and marriage can be complicated. Ehsan and Shann consider themselves fortunate enough to have found a balance that motivates and inspires them. What advice do they have? "Don't take yourself too seriously ("I'm the CEO' does not work with your wife)," Ehsan jokes. "A little comic relief is important to fit into everyday."

Co- founders are not much different than a marriage either. When you are equally invested in a company's success, the importance of relationships gets stronger. Make sure your team is not only full of your biggest supporters but also people who can challenge you and provide differing opinions.

AJ Agrawal

Founder of Verma Media

AJ Agrawal is the founder of Verma Media, a marketing agency that focuses on emerging tech, like blockchain and AI, and on cannabis companies.
Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.

Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

News and Trends

Tata Motors Making Products Accessibility Simpler

From making financing solutions easier for its customers to making investments across brands; the company is dedicated to improve mass penetration

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.