Eric Ries Quotes - Page 3

Quotes about:

• Entrepreneurship is not really building a product, it's not having an idea, it's not being in the right place at the right time. It's fundamentally company building.

  Eric Ries

  Ideas, Entrepreneurship, Building

  7 Copy quote

• The big question of our time is not Can it be built? but Should it be built? This places us in an unusual historical moment: our future prosperity depends on the quality of our collective imaginations.

  Eric Ries

  Imagination, Historical, Quality

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.273, Crown Business

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• New Customers come from the action of past customers

  Eric Ries

  Past, Action, Customers

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.199, Crown Business

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• There is much that public policy can do to support American entrepreneurs. Health insurance reform will make it easier for entrepreneurs to take a chance on a new business without putting their family's health at risk. Tort reform will make it easier to take prudent risks on new products in a number of sectors.

  Eric Ries

  Numbers, Support, Entrepreneur

  9 Copy quote

• The United States is locked in a new arms race for that most precious resource - the future entrepreneurs upon whom economic growth depends. Substantial research shows that immigrants play a key role in American job creation.

  Eric Ries

  Jobs, Play, Keys

  4 Copy quote

• As an entrepreneur, I knew that if my company failed, I could always try again. So I often felt that the only real risk of true financial ruin came from the possibility of a serious illness that either exceeded my insurance plans lifetime limits, or was not covered due to rescission.

  Eric Ries

  Real, Serious Illness, Entrepreneur

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• The hardest part is the grueling work of constantly being wrong.

  Eric Ries

  Hardest, Being Wrong

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• The Lean Startup has evolved into a movement that is having a significant impact on how companies are built, funded and scaled.

  Eric Ries

  Impact, Movement, Significant

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• The mistake isn't releasing something bad. The mistake is to launch it and get PR people involved. You don't want people to start amping up expectations for an early version of your product. The best entrepreneurship happens in low-stakes environments where no one is paying attention, like Mark Zuckerberg's dorm room at Harvard.

  Eric Ries

  Mistake, Zuckerberg, People

  "Ideas Are Overrated: Startup Guru Eric Ries’ Radical New Theory". Interview with Carlye Adler, www.wired.com. April 30. 2011.

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• When blame inevitably arises, the most senior people in the room should repeat this mantra: if a mistake happens, shame on us for making it so easy to make that mistake.

  Eric Ries

  Senior, Mistake, People

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.235, Crown Business

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• The attributes for entrepreneurs cut both ways. You need the ability to ignore inconvenient facts and see the world as it should be and not as it is. This inspires people to take huge leaps of faith. But this blindness to facts can be a liability, too. The characteristics that help entrepreneurs succeed can also lead to their failure.

  Eric Ries

  Cutting, People, Entrepreneur

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• The way forward is to learn to see every startup in any industry as a grand experiment.

  Eric Ries

  Way Forward, Way, Experiments

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.49, Crown Business

  8 Copy quote

• Using the Lean Startup approach, companies can create order not chaos by providing tools to test a vision continuously.

  Eric Ries

  Order, Vision, Tools

  10 Copy quote

• Start-ups make so many mistakes that the challenge to identify the root cause of a failure is tough. But believing in your own plan is probably the worst.

  Eric Ries

  Mistake, Believe, Roots

  8 Copy quote

• Because startups often accidentally build something nobody wants, it doesn’t matter much if they do it on time and on budget. The goal of a startup is to figure out the right thing to build - the thing customers want and will pay for - as quickly as possible.

  Eric Ries

  Goal, Matter, Want

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.20, Crown Business

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• The lesson of the MVP is that any additional work beyond what was required to start learning is waste, no matter how important it might have seemed at the time.

  Eric Ries

  Mvp, Important, Lessons

  "How DropBox Started As A Minimal Viable Product". techcrunch.com. October 19, 2011.

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• The grim reality is that most start-ups fail. Most new products are not successful. Yet the story of perseverance, creative genius, and hard work persists.

  Eric Ries

  Perseverance, Hard Work, Successful

  9 Copy quote

• The goal of every startup experiment is to discover how to build a sustainable business around that vision.

  Eric Ries

  Goal, Vision, Experiments

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.51, Crown Business

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• Here in Silicon Valley, I have taken part in hundreds of conversations trying to convince people to dive in and become entrepreneurs. All too often, innovators with good, safe, jobs are unwilling to put their family's access to health care at risk by walking away from company-backed medical insurance.

  Eric Ries

  Jobs, Taken, Walking Away

  4 Copy quote

• What if we found ourselves building something that nobody wanted? In that case what did it matter if we did it on time and on budget?

  Eric Ries

  What If, Matter, Building Something

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.37, Crown Business

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• It doesn't matter if you call it a boom or a bubble. The startup business moves in cycles, and what goes up will eventually come down.

  Eric Ries

  Moving, Matter, Cycles

  "Startups: Winter Is Coming" by Eric Ries, www.huffingtonpost.com. August 10, 2011.

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• Entrepreneurs always pitch their idea as 'the X of Y,' so this is going to be 'the Microsoft of food.' And yet disruptive innovations usually don't have that character. Most of the time, if something seems like a good idea, it probably isn't.

  Eric Ries

  Business, Character, Ideas

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• A solid process lays the foundation for a healthy culture, one where ideas are evaluated by merit and not by job title.

  Eric Ries

  Jobs, Ideas, Healthy

  Eric Ries (2011). “The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, p.140, Crown Business

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• At IMVU, we opened up our board meetings to the whole company.

  Eric Ries

  Boards, Company, Meetings

  4 Copy quote

• Science and vision are not opposites or even at odds. They need each other. I sometimes hear other startup folks say something along the lines of: 'If entrepreneurship was a science, then anyone could do it.' I'd like to point out that even science is a science, and still very few people can do it, let alone do it well.

  Eric Ries

  Odds, Opposites, People

  8 Copy quote

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