11 Posts found for Author: Eric Ries

Startup success is not a consequence of good genes or being in the right place at the right time. Startup success can be engineered by following the right process, which means it can be learned, which means it can be taught.

Content: Quotation | Author: Eric Ries | Source: OPEN Forum (American Express) | Subject: Entrepreneurship

In The Lean Startup, Eric Ries discusses the importance of making required course corrections (pivots) to dramatically improve the odds for success. These pivots come in many different flavors, each designed to test the viability of a different hypothesis about the product, business model, and engine of growth. Here is a summary of the top ten types of pivots to consider.

Content: Article | Authors: Eric Ries, Martin Zwilling | Source: Forbes | Subjects: Entrepreneurship, Management, Strategy

A visual summary of The Lean Startup by Eric Reis.

Content: Article | Authors: Brett Suddreth, Eric Ries | Subjects: Entrepreneurship, Management

Before he joined on as an Entrepreneur-in-Residence at the Kaplan EdTech Accelerator, Jake Simms decided that it would be a good idea to reacquaint himself with Eric Ries’ The Lean Startup methodology. Here is his “spark notes” version.

Content: Article | Authors: Eric Ries, Jake Simms | Subjects: Entrepreneurship, Management

The author of The Lean Startup is thinking big about the challenges facing companies in an economy driven by innovation.

Content: Thought Leader | Authors: Eric Ries, Paul Michelman | Source: strategy+business | Subjects: Entrepreneurship, Management

Learning is the unit of progress in entrepreneurship. It’s more important than making money, getting customers, building features, or engineering technical quality. Of course, those things are important, but only insofar as they contribute to learning what creates value and what creates waste.

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subject: Entrepreneurship

Learning is a four-letter word in most companies; learning means you failed to do what you said you were going to do, which, in turn, means you’re a bad manager.

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subjects: Learning, Organizational Behavior

The problem is that in finance, equities never become bonds. They’re separate assets. But successful entrepreneurial products grow up to become established products. Under the old system, the people who launch a product tend to migrate with it. That causes a lot of problems because the skills and at-titudes that make for effective entrepreneurs don’t necessarily make for effective managers of status quo operations.

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subjects: Entrepreneurship, Organizational Behavior

I think modern management will look a lot like portfolio theory… I believe a general theory of management is emerging. It has to help people understand (1) how you take an idea, how you get it started, and how you manage the kind of people who do that well; (2) how you incorporate experiments into your core strategy; (3) how you graduate a new thing … [ Read more ]

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subject: Management

How Eric Ries developed a scientific method for launching profitable companies

Content: Article | Author: Eric Ries | Source: Inc. Magazine | Subject: Entrepreneurship

Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched.

Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a … [ Read more ]

Content: Book | Author: Eric Ries | Subject: Entrepreneurship