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Baby Quote by Eric Ries

“Nowadays people talk about PayPal's founders as prescient geniuses who would inevitably change the world. It was, however, not so obvious that PayPal would taste its first major success by helping people sell Beanie Babies on eBay. But they had a vision, a hope, and the perseverance to try…” quote by Eric Ries
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“Nowadays people talk about PayPal's founders as prescient geniuses who would inevitably change the world. It was, however, not so obvious that PayPal would taste its first major success by helping people sell Beanie Babies on eBay. But they had a vision, a hope, and the perseverance to try multiple iterations until they got it right.”

Eric Ries

About This Quote

Source Book: The Lean Startup, 2011

PayPal’s success emerged from iterative experiments and perseverance, not just visionary insight.

In simple terms: Iterate and persevere, not just dream.

Key Takeaway

Embrace trial, error, and persistence.

Themes

entrepreneurship innovation perseverance

Mood

practical optimistic

Type

educational motivational

When to use this quote

  • startup launches
  • product development
  • career pivots

Key Concepts

lean methodology iteration vision vs execution

Questions to Reflect On

  • What experiments can you run today?
  • How do you balance vision with data?
A Different Perspective

Iteration can be costly without resources.

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