Quote

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.

Eric Ries

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Eric Ries
Age: 45
Born: 1979
Born: September 22
Author
Entrepreneur
Writer
Often
Figure
Doesn
Build
Matter
Figures
Right
Pay
Accidentally
Thing
Nobody
Budget
Much
Wants
Budgets
Something
Possible
Customers
Time
Goal
Quickly

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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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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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Using the Lean Startup approach, companies can create order not chaos by providing tools to test a vision continuously.
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A pivot is a change in strategy without a change in vision.
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Start-up success is not a consequence of good genes or being in the right place at the right time. Success can be engineered by following the right process, which means it can be learned, which means it can be taught.
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Don’t be in a rush to get big. Be in a rush to have a great product.
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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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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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The only person who can put you out of business, in the early days, is yourself.
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Reading is good, action is better.
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