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. – Eric Ries
You know how people always talk about how vision is the key to entrepreneurship and perseverance and really seeing what other people dont see? We can actually redeem a fair amount of that folk wisdom. – Eric Ries
Famous pivot stories are often failures but you dont need to fail before you pivot. All a pivot is is a change is strategy without a change in vision. Whenever entrepreneurs see a new way to achieve their vision – a way to be more successful – they have to remain nimble enough to take it. – Eric Ries
Except in very narrow cases, where theres breakthrough science that needs patent production, worrying about competitors is a waste of time. If you cant out iterate someone who is trying to copy you, youre toast anyway. – Eric Ries