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Eric Ries Quotes


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Quotes by Eric Ries

Showing 21-30 of 55 Quotes by Eric Ries

The problem with entrepreneurship is we are often working really hard producing high quality products that no-one wants. The creation of stuff is not valued.

~Eric Ries

Topics: Creation Entrepreneurship Hard High High Quality No-One Often Problem Producing Products Quality Really Stuff The Problem With Valued Wants Working

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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.

~Eric Ries

Topics: Build Companies Customer Figuring Focus Kind Market Need Out Product Should Who You

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

~Eric Ries

Topics: Almost Always Better Busy Companies Disaster Making Most Products Worse

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I can't say I'm not grateful to have journalists writing about me as a genius. But I know it's not true. I'm not confused. I understand that success comes through a lot of failure and a lot of very embarrassing failure. People want to create the next Facebook, but they are too afraid to create the next Facemash.

~Eric Ries

Topics: About Afraid Confused Create Embarrassing Facebook Failure Genius Grateful Journalists Know Lot Me Next People Say Success Through Too True Understand Very Want Writing

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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.

~Eric Ries

Topics: Accurately Because Behind Brink Entrepreneurs Forecast Fundamentally New Often Plan Something Success Trying Will

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A lot of entrepreneurs hate big companies. But if you hate them so much, why are you trying to build a new one? The truth is, as soon as a startup has any kind of success whatsoever, it will face big company problems.

~Eric Ries

Topics: Any Big Big Companies Big Company Build Companies Company Entrepreneurs Face Hate Kind Lot Much New New One Problems Soon Startup Success Them Truth Truth Is Trying Whatsoever Why Will You

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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.

~Eric Ries

Topics: About Analysis Build Company Data Decisions Heart Lean Love Making Method Out Particularly Process Startup Successful Used Which

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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.

~Eric Ries

Topics: Around Automobile Century Companies Couple Done Early Engine Entered Entrepreneurs Folded Ford Got Had Henry Industry Internal Like Percent Same Same Time Sixty Something Study Technology Them Time Vision Were Who Within Years 20Th Century

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The mistake isn't releasing something bad. The mistake is to launch it and get PR people involved. You don't want people to start amping up expectations for an early version of your product. The best entrepreneurship happens in low-stakes environments where no one is paying attention, like Mark Zuckerberg's dorm room at Harvard.

~Eric Ries

Topics: Attention Bad Best Dorm Early Entrepreneurship Environments Expectations Get Happens Harvard Involved Launch Like Mark Mistake Paying People Product Releasing Room Something Start Up Version Want Where You Your

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In my first start-up, I had an initial advertising budget of $5 per day total. That would buy us 100 clicks per day. At $5 per day, marketing people scoffed and said that is too small to matter. But if you think about it, to an engineer, 100 real humans everyday giving your product a try means you can really start improving.

~Eric Ries

Topics: About Advertising Budget Buy Clicks Day Engineer Everyday First Giving Had Humans Improving Initial Marketing Matter Means People Per Product Real Really Said Small Start Start-Up Think Too Total Try Us Would You Your

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Biography

Nationality: American

Type: Businessman

Born: September 22nd, 1979

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