Talks at Google

Ep365 - Eric Ries | The Lean Startup

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Jul 21, 2023
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INSIGHT

Startups Are About Uncertainty

  • A startup is any organization creating something new under extreme uncertainty.
  • Entrepreneurship requires a distinct management discipline focused on validated learning, not standard management metrics.
INSIGHT

Building Efficiently Is Not Enough

  • The main failure today is building things efficiently that nobody wants.
  • The critical question is not 'can it be built?' but 'should it be built as a sustainable business?'
ADVICE

Shorten Time Between Pivots

  • Reduce the time between pivots to increase your chances of success before money runs out.
  • Think of runway as how many pivots you can still test, not months of burn.
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