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Meritocracy is a good thing. Whenever possibly, people should be judged based on their work and results, not superficial qualities.
Eric Ries
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Eric Ries
Age: 44
Born: 1979
Born: September 22
Author
Entrepreneur
Writer
People
Possibly
Whenever
Based
Results
Quality
Meritocracy
Thing
Superficial
Work
Judged
Good
Qualities
More quotes by Eric Ries
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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It doesn't matter if you call it a boom or a bubble. The startup business moves in cycles, and what goes up will eventually come down.
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I would say, as an entrepreneur everything you do - every action you take in product development, in marketing, every conversation you have, everything you do - is an experiment. If you can conceptualize your work not as building features, not as launching campaigns, but as running experiments, you can get radically more done with less effort.
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In the old economy, it was all about having the answers. But in today’s dynamic, lean economy, it’s more about asking the right questions. A More Beautiful Question is about figuring out how to ask, and answer, the questions that can lead to new opportunities and growth.
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A pivot is a change in strategy without a change in vision.
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If you cannot fail, you cannot learn.
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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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If you don't know who your customer is, you don't know what quality is.
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The only way to win is to learn faster than anyone else.
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Most companies are busy making their products worse, not better. Updating is almost always a disaster.
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Using the Lean Startup approach, companies can create order not chaos by providing tools to test a vision continuously.
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Here in Silicon Valley, I have taken part in hundreds of conversations trying to convince people to dive in and become entrepreneurs. All too often, innovators with good, safe, jobs are unwilling to put their family's access to health care at risk by walking away from company-backed medical insurance.
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When Steve Jobs and Steve Wozniak created Apple computer in a garage in Palo Alto, it heralded the beginning of the PC revolution that ultimately dealt a death-blow to dozens of older companies.
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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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Reading is good, action is better.
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There is no greater country on Earth for entrepreneurship than America. In every category, from the high-tech world of Silicon Valley, where I live, to University R&D labs, to countless Main Street small business owners, Americans are taking risks, embracing new ideas and - most importantly - creating jobs.
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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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Every startup has a chance to change the world, by bringing not just a new product, but an entirely new institution into existence.
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Leadership requires creating conditions that enable employees to do the kinds of experimentation that entrepreneurship requires.
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All innovation begins with vision. It’s what happens next that is critical.
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