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Creating a product startup can be an exciting experience, but it can be a daunting one as well. On average, only 1 out of 10 startups is successful, according to the Global Startup Ecosystem Report. Therefore, to raise your prospects, there are quite a number of important considerations to make in advance.
Bearing in mind everything you need when launching a startup is a challenging task, so it’d be a sound idea to rely on some well-established methodology. That's why we were inspired by the Systems Engineering methodology, presented in such industry standards as ISO 15288 and CFR21. In this article, we’ll make a brief overview of this methodology and highlight how it can help entrepreneurs to encompass and structure the process of creating and developing a startup.