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Quote by Eric Ries

“We need to reengineer companies to focus on figuring out who the customer is, what's the market and what kind of product you should build.”

Quote by Eric Ries

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Eric Ries

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

“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.”

Giving Different Age Found Names Process Simple Give Me Gender Convinced Candidates Employee Shocked Selection Resumes Biased

Author:Eric Ries

“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.”

Ifs Way Goal Rich Amount Becoming Lows Stress Entrepreneur Making Money Lots Of Money Get Rich Sucker Likelihood Payoff

Author:Eric Ries

“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.”

Thinking Values Company Industry Waste Benefits Customers Providing Toyota

Author:Eric Ries

“Most start-up companies fail and it is smart public policy to help entrepreneurs increase their odds of succeeding. But, the biggest loss to our economy is not all the start-ups that didn't make it: It's the ones that might have been created but weren't.”

Has Beens Helping Might Loss Company Economy Failing Policy Succeed Smart Increase Entrepreneur Odds Might Have Been Public Policy

Author:Eric Ries

“Nowadays people talk about PayPal's founders as prescient geniuses who would inevitably change the world. It was, however, not so obvious that PayPal would taste its first major success by helping people sell Beanie Babies on eBay. But they had a vision, a hope, and the perseverance to try multiple iterations until they got it right.”

People World Trying Firsts Helping Vision Baby Genius Taste Majors Sells Perseverance Obvious Changing The World Founders Multiple Helping People Ebay Paypal

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.”

Believe Causes Challenges Mistake Plans Worst Tough Roots Root Cause

Author:Eric Ries

Quote by Eric Ries

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