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
analysis build data lean love method successful
HubSpot has used the lean startup method to build a spectacularly successful company. What I particularly love about HubSpot is that they are so geeked out on data analysis and making evidence-based decisions, which are at the heart of the Lean Startup process.
trust team gains
If the plan is to see what happens, a team is guaranteed to succeed - at seeing what happens - but won't necessarily gain validated learning - If you cannot fail, you cannot learn.
failing ifs
If you cannot fail, you cannot learn.
problem problems-and-solutions solutions
In a startup, both the problem and solution are unknown.
institutions new-products humans
A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.
way-forward way experiments
The way forward is to learn to see every startup in any industry as a grand experiment.
entrepreneur vision strategy
A pivot is a change in strategy without a change in vision.
persons
The only person who can put you out of business, in the early days, is yourself.
hardest being-wrong
The hardest part is the grueling work of constantly being wrong.
news made good-news
Better to have bad news that's true than good news we made up
what-if matter building-something
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?
often-is entrepreneur trying
Entrepreneurs can't forecast accurately, because they are trying something fundamentally new. So they will often be laughably behind plan - and on the brink of success.
innovation vision next
All innovation begins with vision. It’s what happens next that is critical.
odds opposites people
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.