Keywords

smart safe, innovation, entrepreneurship, manufacturing challenges, product development, technology, security, Oscar Hedaya, Space, digital revolution

Takeaways

Oscar Hedaya's background in tech led to the creation of Space.

The idea for Space was born from a personal experience with theft.

Manufacturing a smart safe involves complex integration of hardware and software.

Resistance to change in the safe industry is driven by profitability.

Passion is crucial for true innovation in product development.

Technical hurdles include creating a reliable PCBA and software integration.

The smart safe offers unique features like tamper alerts and panic pins.

Customer feedback drives continuous improvement and feature updates.

The future roadmap includes expanding into enterprise solutions.

Space aims to be a leader in innovative security products.

Summary

In this episode of Venture Step Podcasts, host Dalton Anderson interviews Oscar Hedaya, founder and CEO of Space, a company revolutionizing the safe industry with a smart, connected product. Oscar shares his inspiration for creating Space, the challenges faced in manufacturing, and the importance of passion in innovation. The conversation delves into the technical hurdles of integrating hardware and software, the unique features of the smart safe, and the future roadmap for the company, including enterprise solutions and continuous improvement driven by customer feedback.

Sound bites

"There's so much resistance to change."

"Creating a PCBA could take a year."

"Our safe is super customizable."

Chapters

00:00 Introduction to Space and Oscar Hedaya

02:16 Inspiration Behind Space: A Personal Journey

04:54 Challenges in Manufacturing and Industry Resistance

10:12 The Importance of Passion in Innovation

14:58 Technical Hurdles in Creating Smart Safes

20:05 The Role of Software and Over-the-Air Updates

24:52 Lessons from Other Industries: Dyson's Innovation

29:05 The Future of Innovation in the Safe Industry

30:15 Revolutionizing Security: The Smart Safe Concept

37:03 Innovative Features: Enhancing Safety and User Experience

43:09 Customer-Centric Development: The Power of Feedback

49:53 Future of Security: Expanding Beyond Traditional Safes

Learn More

https://www.thespacesafe.com/

https://www.thespacesafe.com/products/the-space-safe

https://www.thespacesafe.com/pages/contact-us

Venture Step

https://www.daltonanderson.net/

https://www.daltonanderson.net/venture-step/