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Eric Ries Biography

Eric Ries (born September 22, 1978) is an American entrepreneur, blogger and author of The Lean Startup, a book on the lean startup movement. He is also the author of The Startup Way, a book on modern entrepreneurial management.

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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.

Fail, Hard, Hard Work, Perseverance, Successful, Work

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

Busy, Companies, Company, Disaster, Products

I believe for the first time in history, entrepreneurship is now a viable career.

Believe, Career, Careers, Entrepreneurship, Firsts, Time

If you can’t out iterate someone who is trying to copy you, you’re toast anyway.

Anyway, Copies, Copy, Toast, Toasts, Trying

The lean startup method is not about cost, it is about speed.

Cost, Method, Speed, Startup

Entrepreneurs always pitch their idea as 'the X of Y,' so this is going to be 'the Microsoft of food. ' And yet disruptive innovations usually don't have that character. Most of the time, if something seems like a good idea, it probably isn't.

Business, Character, Entrepreneurs, Idea, Ideas, Pitch

The United States is locked in a new arms race for that most precious resource - the future entrepreneurs upon whom economic growth depends. Substantial research shows that immigrants play a key role in American job creation.

American, Immigrants, Jobs, Keys, Locked, Play

I asked all of our recruiters to give me all resumes of prospective employees with their name, gender, place of origin, and age blacked out. This simple change shocked me, because I found myself interviewing different-looking candidates - even though I was 100% convinced that I was not being biased in my resume selection process.

Employees, Gender, Giving, Names, Simple, Though

Reading is good, action is better.

Action, Good, Good Actions, Reading

Better to have bad news that's true than good news we made up

Bad, Good News, Made, News, True

Learning is the essential unit of progress for startups.

Essentials, Learning, Progress, Startups, Unit, Units

Science and vision are not opposites or even at odds. They need each other. I sometimes hear other startup folks say something along the lines of: 'If entrepreneurship was a science, then anyone could do it. ' I'd like to point out that even science is a science, and still very few people can do it, let alone do it well.

Hear, Lines, Odds, Opposites, People, Say

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.

Benefits, Entire, Lean, See, Thinking, Waste

We must learn what customers really want, not what they say they want or what we think they should want.

Customers, Inspiring, Say, Think, Thinking, Want

The Lean Startup has evolved into a movement that is having a significant impact on how companies are built, funded and scaled.

Companies, Having, Impact, Movement, Significant

This is one of the most important lessons of the scientific method: if you cannot fail, you cannot learn.

Important, Learn, Lessons, Method, Scientific, Scientific Method

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.

Building, Entrepreneurship, Fundamentally, Ideas, Place

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.

Engineered, Genes, Mean, Process, Success, Taught

The biggest start-up successes - from Henry Ford to Bill Gates to Mark Zuckerberg - were pioneered by people from solidly middle-class backgrounds. These founders were not wealthy when they began. They were hungry for success, but knew they had a solid support system to fall back on if they failed.

Fall, Founders, Henry, Solidly, Support Systems, Zuckerberg

The way forward is to learn to see every startup in any industry as a grand experiment.

Experiments, Grand, Industry, Way, Way Forward

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Eric Ries Biography

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