“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.” TryingBehindsPlansEntrepreneurOften IsForecastsTrying Something Author:Eric Ries
“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.” IfsTryingRealFeltCompanyPlansRiskPossibilitySeriousLimitsEntrepreneurLifetimeFinancialIllnessDuesRuinsCoveredTry AgainSerious Illness Author:Eric Ries
“Start-ups make so many mistakes that the challenge to identify the root cause of a failure is tough. But believing in your own plan is probably the worst.” BelieveCausesChallengesMistakePlansWorstToughRootsRoot Cause Author:Eric Ries
“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.” IfsHappensPlansFailingSeeingTeamTrustSucceedGains Book:The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses Source: The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses
“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.” StoriesAbilitySuccessfulPlansToolsStrategyEntrepreneurForesightMisguidedDifferentiateSuccessful EntrepreneursSuccess Stories Author:Eric Ries
