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Quote by Eric Ries

“There is much that public policy can do to support American entrepreneurs. Health insurance reform will make it easier for entrepreneurs to take a chance on a new business without putting their family's health at risk. Tort reform will make it easier to take prudent risks on new products in a number of sectors.”

Quote by Eric Ries

Author

Eric Ries is an entrepreneur born in 1979, known for his Lean Startup methodology, which emphasizes rapid iteration and customer feedback in the success of startups. more

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“There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford; there were something like 500 automotive companies that got funded, had the internal combustion engine, had the technology, and had the vision. Sixty percent of them folded within a couple of years.”

Years Done Company Vision Technology Study Century Industry Couple Percent Entrepreneur Internals Engines Sixty 20th Century Automobile Combustion Automobile Industry

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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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“You know how people always talk about how vision is the key to entrepreneurship and perseverance and really seeing what other people don't see? We can actually redeem a fair amount of that folk wisdom.”

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“America is not only big and rich, it is mysterious; and its capacity for the humorous or ironical concealment of its interests matches that of the legendary inscrutable Chinese.”

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Source: The Lonely Crowd: A Study of the Changing American Character

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“Better than succeeding little by little is failing at one go.”

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“The antitrust litigation currently in the federal courts in the U.S. against Monsanto will be the test case in the life sciences, just as the Microsoft case was the test case in the information sciences.”

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“I wanted to make sure that this be the first scientific and technology revolution in history in which the public thoroughly discussed all the potential benefits and all the potential harms, in advance of the technology coming online and running its course.”

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