Innovolo Ltd


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Innovolo Ltd is a British innovation-as-a-service company. The company was founded in 2018 by Bradley Pallister.

Turning new product ideas into success with new product development, industrial and mechanical design, innovation strategy, and Innovation-as-a-Service.

Website

innovolo.co.uk

Revenue

$200,000/month

# Founders

5

# Employees

12

Facebook

Innovolo Ltd (202 followers)

Twitter

@innovolo/pd

Website Rank

3,056,236

Business Started

September 2018

YouTube

Innovolo Ltd (22 subscribers)

Business Type

services

Starting Costs

$1,000

Business Idea

product development services business

Industry

Product Design And Development Services

Company History

Bradley Pallister details the beginnings of their company in their Starter Story interview: [1]

Q: How did you get started on Innovolo Ltd?

Bootstrapping the company with £200 to a forecasted revenue of £2.4 million this financial year has been an interesting journey. For the first 12 months or so, Innovolo was a side hustle for me, until February 2020, when I jumped into it full time, and never looked back.

My background is predominantly in construction and life safety industries, mainly in a project management capacity. However, if you check out our team page, you can see the variety of backgrounds and industries that we all come from. This may seem to be a disadvantage, but actually, this is our strength.

Webinars are a great way to quickly attract very large numbers of semi-qualified leads. Partnering with business influencers such as well-known business coaches helped in boosting this well.

We’re often called ‘naive experts’ because of our habit of asking those questions that no one else seems to ask.

So to start with, we were basically just trying to keep dad busy, however, when I started in February, we put in a real effort to get everything systematized and process-driven. This was the first stage of our scaling up to where we are today.

We’ve had several iterations of our core service, from providing general market research through to our latest offering, the Unlimited Innovation-as-a-Service package. We had this aha! the moment when analyzing the reasons clients weren’t signing up for our standard project service.

Source [1]

Technology

They use Twitter for their social media.

References

Contributors

Contributors to this article: