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Showing posts from November, 2023

Quotes from "Lean Startup - Eric Ries"

  Some of the interesting quotes from the book "Lean Startup" by Eric Ries. Unfortunately, too many startup business plans look more like they are planning to launch a rocket ship than drive a car. To achieve that vision, startups employ a strategy, that includes a business model, and a product roadmap. The product is the end result of this strategy. Entrepreneurs who operate inside an established organization sometimes are called "intrapreneurs". Productivity in a startup: not in terms of how much stuff we are building but in terms of how much validated learning we're getting for our efforts. Success is not delivering a feature; success is learning how to solve the customer's problem. The goal of the MVP is to begin the process of learning, not end it. Metrics are people too. Only 5% of entrepreneurship is the big idea, the business model, the whiteboard strategizing, and the splitting up of the spoils. The other 95% is the gritty work that is measured by i