Eric Ries
Eric Ries
Eric Riesis a Silicon Valley entrepreneur and author recognized for pioneering the lean startup movement, a business strategy which directs startup companies to allocate their resources as efficiently as possible. He is a blogger within the technology entrepreneur community...
NationalityAmerican
ProfessionBusinessman
Date of Birth22 September 1979
CountryUnited States of America
busy disaster company
Most companies are busy making their products worse, not better. Updating is almost always a disaster.
ideas entrepreneurship building
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.
imagination historical quality
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.
people quality superficial
Meritocracy is a good thing. Whenever possibly, people should be judged based on their work and results, not superficial qualities.
cost speed method
The lean startup method is not about cost, it is about speed.
people psychology three
Customers don't know what they want. There's plenty of good psychology research that shows that people are not able to accurately predict how they would behave in the future. So asking them, 'Would you buy my product if it had these three features?' or 'How would you react if we changed our product this way?' is a waste of time. They don't know.
past simple growth
Sustainable growth is characterized by one simple rule: New customers come from the actions of past customers.
institutions new-products humans
A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.
entrepreneur vision strategy
A pivot is a change in strategy without a change in vision.
mean unpredictable-things innovation
Innovation is a bottoms-up, decentralized, and unpredictable thing, but that doesn’t mean it cannot be managed.
quality ifs customers
If we do not know who the customer is, we do not know what quality is.
problem problems-and-solutions solutions
In a startup, both the problem and solution are unknown.
successful entrepreneur tools
What differentiates the success stories from the failures is that the successful entrepreneurs had the foresight, the ability, and the tools to discover which parts of their plans were working brilliantly and which were misguided, and adapt their strategies accordingly.
zero numbers imagination
Zero invites imagination, but small numbers invite questions about whether large numbers will ever materialize.