Get All Access for $5/mo

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.
Legal

The 10 Key Legal Documents for Your Business

Entrepreneurs are not paperwork-sorts of people but some things just have to be written down and signed.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Entrepreneurs

This Unique Social Startup Helps in Offsetting Carbon Footprint

Verdoo, a free online tool, helps consumers fight climate change through online shopping