Every startup has a chance to change the world, by bringing not just a new product, but an entirely new institution into existence.— Eric Ries
Undeniable Startup quotations
Startups don’t fail because they lack a product;
they fail because they lack customers and a profitable business model.
You need to ask yourself, ‘Where do you want to work: startups, mid-size or large companies?’ If you find yourself debating the ‘startup versus large company’ choice you’ve already chosen the big company. Entrepreneurship isn’t a career choice it’s a passion and obsession.
A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.
Building a startup community is not a zero-sum game in which there are winners and losers: if everyone engages, they and the entire community can all be winners.
I hate it when people call themselves 'entrepreneurs' when what they're really trying to do is launch a startup and then sell of go public, so they can cash in and move on. They're unwilling to do the work it takes to build a real company, which is the hardest work in business.
The American Dream is still alive out there, and hard work will get you there.
You don't necessarily need to have an Ivy League education or to have millions of dollars startup money. It can be done with an idea, hard work and determination.
Every startup should address a real and demonstrated need in the world.
If you build a solution to a problem lots of people have, it's so easy to sell your product to the world.
For almost the first year of The Muse's life, I would do 5 to 8 networking events a week. And I don't necessarily think that's the right path for everyone, but I realized that as an entrepreneur, one of my strengths was finding the right people who could help us. I didn't come into startups with any network.
Technology does more than delight, entertain and make our lives more convenient, it's also an agent for social good. That is why it's important for tech startups to stay informed about, and make a mark on, policies that impact them.
If you're building a startup or any sort of organization, take a few moments to reflect on the qualities that the people you most enjoy working with embody and the user experience of new people joining your organization, from the offer letter to their first day.
In a startup, both the problem and solution are unknown.
Progress in manufacturing is measured by the production of high quality goods.
The unit of progress for Lean Startups is validated learning-a rigorous method for demonstrating progress when one is embedded in the soil of extreme uncertainty.
Essentials of how to do a startup do not include writing a business plan
When valuing a startup, add $500k for every engineer, and subtract $250k for every MBA.
Everyone starting a startup for the first time is scared, and everyone feels like a bit of an imposter.
It's hard to tell with these Internet startups if they're really interested in building companies or if they're just interested in the money. I can tell you, though: If they don't really want to build a company, they won't luck into it. That's because it's so hard that if you don't have a passion, you'll give up.
Darwinism may be a fine theory in other contexts, but in startups, intelligent design works best.
My most radical shift was leaving Intel and joining Google, a small startup at the time, even though I was pregnant.
We only hear success stories. You don't hear about the hundreds and hundreds - the overwhelming majority that don't go anywhere. This is a more realistic portrayal of what happens in startups.
When you are a startup you need to hire very fast, and sometimes you have to restructure very fast.
I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying.
I had started at a small startup as a big-company guy.
Now I was leaving a big company as a small-startup guy.
In a startup, absolutely nothing happens unless you make it happen.
The fact is that the amount of money startups raise in their seed and Series A rounds is inversely correlated with success
A startup can focus on only one metric.
So you have to decide what that is and ignore everything else.
Startup success is driven most by the product passion, quality, vision, team-work and persistence of the founding team and the talent that the team attracts.
A startup is the largest endeavor over which you can have definite mastery.
You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.
You can make something big when young that will carry you through life.
Look at all the big startups like Microsoft, Apple, Google, Facebook, Twitter, etc. They were all started by very young people who stumbled on something of unseen value. You'll know it when you hit a home run.
That's the part where the governments have a unique role, and then when it progresses well enough, then existing companies or new startup companies should take it. In the $3 trillion a year energy market, the rewards will be quite fantastic.
Some entrepreneurs have a bad habit of taking personal credit for all improvements and innovations at their startups. If you penalize or ignore employee initiatives, you can be certain that they won't be repeated, and motivation for more conventional performance will suffer.
The way forward is to learn to see every startup in any industry as a grand experiment.
Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
Starting a startup is a process of trial and error.
What guided the founders through this process was their empathy for the users. They never lost sight of making things that people would want.