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The goal of a startup is to figure out the right thing to…

“The goal of a startup is to figure out the right thing to build-the thing customers want and will pay for-as quickly as possible. In other words, the Lean Startup is a new way of looking at the development of innovative new products that emphasizes fast iteration and customer insight, a huge…” quote by Eric Ries
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“The goal of a startup is to figure out the right thing to build-the thing customers want and will pay for-as quickly as possible. In other words, the Lean Startup is a new way of looking at the development of innovative new products that emphasizes fast iteration and customer insight, a huge vision, and great ambition, all at the same time.”

Eric Ries

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

A startup must quickly discover what customers truly want and will pay for, using rapid testing and feedback.

In simple terms: Find what customers want fast.

Key Takeaway

Iterate fast, listen to customers.

Themes

innovation customer focus speed entrepreneurship

Mood

determined optimistic

Type

business strategic

When to use this quote

  • new product launch
  • startup pivot
  • market research
  • customer interviews

Key Concepts

lean methodology product-market fit minimum viable product

Questions to Reflect On

  • How do you balance speed with thorough market analysis?
  • What signals indicate a need to pivot?
A Different Perspective

Rapid iteration can overlook deep strategic planning.

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