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Eric Ries Quotes
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The lesson of the MVP is that any additional work beyond what was required to start learning is waste, no matter how important it might have seemed at the time.
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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?
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The goal of every startup experiment is to discover how to build a sustainable business around that vision.
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The way forward is to learn to see every startup in any industry as a grand experiment.
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Customers don't care how much time something takes to build. They care only if it serves their needs.
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By the time that product is ready to be distributed widely, it will already have established customers.
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All innovation begins with vision. It's what happens next that is critical.
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Leadership requires creating conditions that enable employees to do the kinds of experimentation that entrepreneurship requires.
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A solid process lays the foundation for a healthy culture, one where ideas are evaluated by merit and not by job title.
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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.
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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.
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Progress in manufacturing is measured by the production of high quality goods. The unit of progress for Lean Startups is validated learning-a rigorous method for demonstrating progress when one is embedded in the soil of extreme uncertainty.
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We must learn what customers really want, not what they say they want or what we think they should want.
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Because startups often accidentally build something nobody wants, it doesn't matter much if they do it on time and on budget. The goal of a startup is to figure out the right thing to build - the thing customers want and will pay for - as quickly as possible.
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A head start is rarely large enough to matter, and time spent in stealth mode-away from customers-is unlikely to provide a head start. The only way to win is to learn faster than anyone else.
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Zero invites imagination, but small numbers invite questions about whether large numbers will ever materialize.
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Sustainable growth is characterized by one simple rule: New customers come from the actions of past customers.
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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.
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Lean thinking defines value as providing benefit to the customer; anything else is waste.
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Innovation is a bottoms-up, decentralized, and unpredictable thing, but that doesn't mean it cannot be managed.
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As you consider building your own minimum viable product, let this simple rule suffice: remove any feature, process, or effort that does not contribute directly to the learning you seek.
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When blame inevitably arises, the most senior people in the room should repeat this mantra: if a mistake happens, shame on us for making it so easy to make that mistake.
Eric Ries
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Eric Ries
Creative Commons
Born:
September 22, 1978
(age 46)
Bio:
Eric Ries is an American entrepreneur, blogger and author of The Lean Startup, a book on the lean startup movement.
Known for:
The Lean Startup (2014)
Lean Startup (2016)
Most used words:
customers
time
learning
matter
learn
progress
start
Eric Ries on Wikipedia
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