The entrepreneur who can communicate better usually wins. When breaking down the problem statement, follow these steps:
1. Specificity is a must.
2. Clearly identify your target persona.
3. Size your total addressable market.
4. Define the (current) problem.
5. Refrain from using the words "we" or "I."
Matt Willis discusses the challenges of building a product quickly without painting the the team into deep technical debt. What is an MVP? Should one build for scale or for a proof of concept? Get insight into product and engineering challenges as well as other topics.
Welcome to our very first issue of ACCELER8, a monthly publication from the team of entrepreneurs at Startup Alpha. Each issue will include a variety of value-based content focusing on business, technology, self-improvement, and noteworthy startup news.