Damodar Arapakota — Entrepreneurship by Acquisition

Hi, this is Damodar Arapakota. I’m a long-time technology entrepreneur, and today I want to address different approaches to entrepreneurship and how the space is evolving.

As per Merriam-Webster Dictionary, an entrepreneur is “one who organizes, manages, and assumes the risks of a business or enterprise.”In other words, an entrepreneur is a person who starts a business and is willing to risk loss in order to make money. Today’s startup founders aptly fit into this category. To know more Read the full post here.

Damodar Arapakota - Reasons Why You Should Hire a Professional Engineer

A professional engineer specializes in designing and developing systems and structures through different principles. By combining their specialized skills with their high standards for ethics and quality assurance, PEs help people around the world lead healthier, safer and better lives. I Damodar Arapakota  will introduce you the reasons why you need to hire a professional engineer. 

Engineers can be necessary to develop a product that is not going to fail:  

This is the possibly the most obvious reason why a business may need to consult with an engineer when they are developing their new product. If a product fails under anticipated working conditions, it will lead to serious customer satisfaction and potential lawsuits. An engineer will identify a factor of safety and conduct a stress analysis to minimize the risk of the product failing under normal operating conditions.

Engineers can help reduce disadvantages associated with "over-designing" a product: 

An experienced engineer can help work within the design threshold for the application, making sure that the product has the strength to withstand the functionality but also is small enough that it can be reasonable to take flight.

 A professional engineer can defend the business against potential lawsuits:

If the business can show that it did its due diligence and was concerned enough to hire an engineer to develop a good design, they may be able to use that as a defense in the unfortunate event that there is a mishap with the product.

An engineering firm can provide networking opportunities:

Engineers may be familiar with other firms or companies that can use the products they are consulting with. They can also be a good referrers to other businesses.

Improves Brand Image:

 A sometimes overlooked benefit of hiring an outside engineering firm is that it can give the business and it's products a more professional perception. If clients are aware that the product was designed with the input of a well-respected engineering firm, they will perceive the product as having high quality.

If you need help deciding on whether you need a PE for your next project, contact me.