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Eric Ries Quotes
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
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
design
copy
As an entrepreneur, I knew that if my company failed, I could always try again. So I often felt that the only real risk of true financial ruin came from the possibility of a serious illness that either exceeded my insurance plans lifetime limits, or was not covered due to rescission.
~ Eric Ries
Again
Always
Came
Company
Could
Covered
Due
Either
Entrepreneur
Exceeded
Failed
Felt
Financial
Illness
Insurance
Knew
Lifetime
Limits
Often
Only
Plans
Possibility
Real
Risk
Ruin
Serious
True
Try
design
copy
At IMVU, the cost of customer acquisition through our five-dollar-a-day AdWords campaign was less than twenty-five cents. Our revenue from those same customers was more than a dollar.
~ Eric Ries
Acquisition
Campaign
Cents
Cost
Customer
Customers
Dollar
Less
More
Our
Revenue
Same
Than
Those
Through
Twenty-Five
design
copy
Building the right product requires systematically and relentlessly testing that vision to discover which elements of it are brilliant, and which are crazy.
~ Eric Ries
Brilliant
Building
Crazy
Discover
Elements
Product
Relentlessly
Requires
Right
Systematically
Testing
Vision
Which
design
copy
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.
~ Eric Ries
Always
Character
Disruptive
Entrepreneurs
Food
Going
Good
Good Idea
Idea
Innovations
Like
Microsoft
Most
Pitch
Seems
Something
Time
design
copy
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
Accurately
Because
Behind
Brink
Entrepreneurs
Forecast
Fundamentally
New
Often
Plan
Something
Success
Trying
Will
design
copy
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.
~ Eric Ries
Being
Building
Company
Entrepreneurship
Fundamentally
Having
Idea
Place
Product
Really
Right
Right Place
Right Time
Time
design
copy
Except in very narrow cases, where there's breakthrough science that needs patent production, worrying about competitors is a waste of time. If you can't out iterate someone who is trying to copy you, you're toast anyway.
~ Eric Ries
About
Anyway
Breakthrough
Cases
Competitors
Copy
Except
Narrow
Needs
Out
Patent
Production
Science
Someone
Time
Toast
Trying
Very
Waste
Waste Of Time
Where
Who
Worrying
You
design
copy
Famous pivot stories are often failures but you don't need to fail before you pivot. All a pivot is is a change is strategy without a change in vision. Whenever entrepreneurs see a new way to achieve their vision - a way to be more successful - they have to remain nimble enough to take it.
~ Eric Ries
Achieve
Before
Change
Enough
Entrepreneurs
Fail
Failures
Famous
More
Need
New
New Way
Nimble
Often
Remain
See
Stories
Strategy
Successful
Take
Vision
Way
Whenever
Without
You
design
copy
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.
~ Eric Ries
Access
Away
Become
Care
Conversations
Convince
Dive
Entrepreneurs
Family
Good
Health
Health Care
Here
Hundreds
Innovators
Insurance
Jobs
Medical
Often
Part
People
Put
Risk
Safe
Silicon
Silicon Valley
Taken
Too
Trying
Unwilling
Valley
Walking
design
copy
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
About
Analysis
Build
Company
Data
Decisions
Heart
Lean
Love
Making
Method
Out
Particularly
Process
Startup
Successful
Used
Which
design
copy
I actually believed if you work hard enough it was inevitable you'd succeed. Then I lived the 'Social Network' movie, but only the first half. The hardest part is the grueling work of constantly being wrong.
~ Eric Ries
Actually
Being
Believed
Constantly
Enough
First
Grueling
Half
Hard
Hardest
Hardest Part
Inevitable
Lived
Movie
Network
Only
Part
Social
Succeed
Then
Work
Work Hard
Wrong
You
design
copy
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.
~ Eric Ries
Age
Asked
Because
Being
Biased
Candidates
Change
Convinced
Employees
Even
Found
Gender
Give
Give Me
Interviewing
Me
Myself
Name
Origin
Our
Out
Place
Process
Prospective
Resume
Selection
Shocked
Simple
Though
design
copy
I believe for the first time in history, entrepreneurship is now a viable career.
~ Eric Ries
Believe
Career
Entrepreneurship
First
First Time
History
I Believe
Now
Time
Viable
design
copy
I bet the people who are in the auto industry right now have more than 10,000 good ideas about what might work and what we need to do is not come up with more good ideas. We need to go and test as many of those good ideas as possible.
~ Eric Ries
About
Auto
Auto Industry
Bet
Come
Go
Good
Good Ideas
Ideas
Industry
Many
Might
More
Need
Now
People
Possible
Right
Test
Than
Those
Up
Who
Work
design
copy
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
About
Afraid
Confused
Create
Embarrassing
Facebook
Failure
Genius
Grateful
Journalists
Know
Lot
Me
Next
People
Say
Success
Through
Too
True
Understand
Very
Want
Writing
design
copy
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.
~ Eric Ries
Action
Building
Campaigns
Conversation
Development
Done
Effort
Entrepreneur
Every
Everything
Experiment
Experiments
Features
Get
Launching
Less
Marketing
More
Product
Radically
Running
Say
Take
Work
Would
You
Your
design
copy
If your goal is to make money, becoming an entrepreneur is a sucker's bet. Sure, some entrepreneurs make a lot of money, but if you calculate the amount of stress-inducing work and time it takes and multiply that by the low likelihood of success and eventual payoff, it is not a great way to get rich.
~ Eric Ries
Amount
Becoming
Bet
Calculate
Entrepreneur
Entrepreneurs
Eventual
Get
Goal
Great
Great Way
Likelihood
Lot
Low
Make
Money
Multiply
Payoff
Rich
Some
Success
Sucker
Sure
Takes
Time
Way
Work
You
Your
design
copy
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
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
design
copy
In the industrial world we have the problem of having more productive capacity than we know what to do with. That's at the root of the unemployment crisis: we've got so productive at making things, we don't require people to be involved in making the basics of life any more. Or nearly as many people.
~ Eric Ries
Any
Basics
Capacity
Crisis
Got
Having
Industrial
Involved
Know
Life
Making
Many
More
Nearly
People
Problem
Productive
Require
Root
Than
Things
Unemployment
World
design
copy
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AuthorName
Eric Ries
Profession
Businessman
BirthDate
22 September, 1979
Country
United States
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