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
basics capacity industrial involved life nearly people productive require root
In the industrial world we have the problem of having more productive capacity than we know what to do with. That's at the root of the unemployment crisis: we've got so productive at making things, we don't require people to be involved in making the basics of life any more. Or nearly as many people.
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.
auto bet good industry might people test work
I bet the people who are in the auto industry right now have more than 10,000 good ideas about what might work and what we need to do is not come up with more good ideas. We need to go and test as many of those good ideas as possible.
discover elements product requires testing
Building the right product requires systematically and relentlessly testing that vision to discover which elements of it are brilliant, and which are crazy.
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.
perseverance keys people
You know how people always talk about how vision is the key to entrepreneurship and perseverance and really seeing what other people don't see? We can actually redeem a fair amount of that folk wisdom.
bigs products
Don’t be in a rush to get big. Be in a rush to have a great product.
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.
failing ifs
If you cannot fail, you cannot learn.
team failing phenomenal
Most phenomenal startup teams create businesses that ultimately fail. Why? They built something that nobody wanted.
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.
busy disaster company
Most companies are busy making their products worse, not better. Updating is almost always a disaster.
couple technology years
There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford; there were something like 500 automotive companies that got funded, had the internal combustion engine, had the technology, and had the vision. Sixty percent of them folded within a couple of years.