Eric Ries Famous Quotes & Sayings
Discover top inspirational quotes from Eric Ries on Wise Famous Quotes.

I believe for the first time in history, entrepreneurship is now a viable career.

dot-com flameouts that erroneously believed that they could lose money on each customer but, as the old joke goes, make it up in volume.

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

In fact, entrepreneurship should be considered a viable career path for innovators inside large organizations.

Leadership requires creating conditions that enable employees to do the kinds of experimentation that entrepreneurship requires.

it's human nature to assume that when we see a mistake, it's due to defects in someone else's department, knowledge, or character,

Sustainable growth is characterized by one simple rule: New customers come from the actions of past customers.

The only person who can put you out of business, in the early days, is yourself.

We must learn what customers really want, not what they say they want or what we think they should want.

Product managers figure out what features are likely to please customers; product designers then figure out how those features should look and feel.

This is one of the most important lessons of the scientific method: if you cannot fail, you cannot learn.

Don't be in a rush to get big. Be in a rush to have a great product.

Meritocracy is a good thing. Whenever possibly, people should be judged based on their work and results, not superficial qualities.

This is a classic case of "achieving failure" - successfully executing a flawed plan.

Better to have bad news that's true than good news we made up

Peter Drucker said, "There is surely nothing quite so useless as doing with great efficiency what should not be done at all."2

Validated learning

learn whether to pivot or persevere.

Most companies are busy making their products worse, not better. Updating is almost always a disaster.

Innovation is a bottoms-up, decentralized, and unpredictable thing, but that doesn't mean it cannot be managed.

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

The only way to win is to learn faster than anyone else.

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?

A pivot is a change in strategy without a change in vision.

We need to reengineer companies to focus on figuring out who the customer is, what's the market and what kind of product you should build.

I call this building an adaptive organization, one that automatically adjusts its process and performance to current conditions.

there is no bigger destroyer of creative potential than the misguided decision to persevere.

All innovation begins with vision. It's what happens next that is critical.

At its heart, a startup is a catalyst that transforms ideas into products.

The Lean Startup works only if we are able to build an organization as adaptable and fast as the challenges it faces. This

Startups don't starve; they drown." There

Building a startup is an exercise in institution building; thus, it necessarily involves management. This

Most of the time customers don't know what they want in advance.)

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.

Learning is the essential unit of progress for startups.

achieving failure: successfully executing a plan that leads nowhere.

If you don't know who your customer is, you don't know what quality is.

Reading is good, action is better.

we think we can truly short-circuit the ramp by killing things that don't make sense fast and doubling down on the ones that do.

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

If we stopped wasting people's time, what would they do with it?