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Eric Ries Quotes


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Quotes by Eric Ries

Showing 1-10 of 55 Quotes by Eric Ries

Nowadays people talk about PayPal's founders as prescient geniuses who would inevitably change the world. It was, however, not so obvious that PayPal would taste its first major success by helping people sell Beanie Babies on eBay. But they had a vision, a hope, and the perseverance to try multiple iterations until they got it right.

~Eric Ries

Topics: About Babies Change Change The World First Founders Geniuses Got Had Helping Helping People Hope However Inevitably Major Multiple Nowadays Obvious Paypal People Perseverance Right Sell Success Talk Taste Try Until Vision Who World Would Ebay

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You get a culture of entrepreneurship after you have successfully changed the accountability system so that people can use a better process. Process drives culture, not the other way around, so you can't just change the culture, you have to change the system.

~Eric Ries

Topics: Accountability After Around Better Change Changed Culture Drives Entrepreneurship Get Just Other People Process Successfully System Use Way You

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Learning to see waste and systematically eliminate it has allowed lean companies such as Toyota to dominate entire industries. Lean thinking defines value as 'providing benefit to the customer'; anything else is waste.

~Eric Ries

Topics: Allowed Anything Anything Else Benefit Companies Customer Defines Dominate Eliminate Else Entire Industries Lean Learning Providing See Systematically Thinking Toyota Value Waste

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Except in very narrow cases, where there's breakthrough science that needs patent production, worrying about competitors is a waste of time. If you can't out iterate someone who is trying to copy you, you're toast anyway.

~Eric Ries

Topics: About Anyway Breakthrough Cases Competitors Copy Except Narrow Needs Out Patent Production Science Someone Time Toast Trying Very Waste Waste Of Time Where Who Worrying You

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When it comes to meritocracy and diversity, the symbolic is real. And that means that simple actions that reduce bias, such as blind resume or application screening, are a double win: they reduce implicit bias and they help communicate our commitment to meritocracy.

~Eric Ries

Topics: Actions Application Bias Blind Commitment Communicate Diversity Double Help Implicit Means Our Real Reduce Resume Screening Simple Symbolic Win

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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.

~Eric Ries

Topics: About Auto Auto Industry Bet Come Go Good Good Ideas Ideas Industry Many Might More Need Now People Possible Right Test Than Those Up Who Work

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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

Topics: Being Building Company Entrepreneurship Fundamentally Having Idea Place Product Really Right Right Place Right Time Time

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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

Topics: Creative Fail Genius Grim Hard Hard Work Most New New Products Perseverance Persists Products Reality Story Successful Work

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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

Topics: Built Companies Evolved Having How Impact Lean Movement Significant Startup

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There's nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated.

~Eric Ries

Topics: Able After Ambitious Amount Approach Been Business Business Model Capital Deploy Determining Disciplined Elements Fundamental Large Lean Many Model Money Nothing Raising Spend Startups Them Venture Venture Capital Wrong

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Biography

Nationality: American

Type: Businessman

Born: September 22nd, 1979

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