Quotes About Innovation

Successful entrepreneurs do not give up at the first sign of trouble, nor do they persevere the plane right into the ground. Instead, they possess a unique combination of perseverance and flexibility. The

This led to some frustrating board meetings at which we could show great product "progress" but not much in the way of business results.

This line of thought evolved into the Lean

Grockit offers

The big question of our time is not Can it be built? but Should it be built?

Remember, planning is a tool that only works in the presence of a long and stable operating history. And yet, do any of us feel that the world around us is getting more and more stable every day? Changing such a mind-set is hard but critical to startup success.

Our goal in building products is to be able to run experiments that will help us learn how to build a sustainable business.

Startup success is not a consequence of good genes or being in the right place at the right time.

A pivot requires that we keep one foot rooted in what we've learned so far, while making a fundamental change in strategy in order to seek even greater validated learning. In

Startup success can be engineered by following the right process, which means it can be learned, which means it can be taught.

Entrepreneurship is a kind of management.

Building an adaptive organization, in other words, requires executive leadership to sponsor and support the process.

For startups, the role of strategy is to help figure out the right questions to ask.

What if it turns out that the customer doesn't want the product we're building? Although this is never good news for an entrepreneur, finding out sooner is much better than finding out later. Working

A startup is an institution, not just a product, and so it requires a new kind of management specifically geared to its context of extreme uncertainty.

Una empresa moderna es aquella que posee ambas mitades, ambos sistemas. La empresa moderna tiene la capacidad de fabricar productos de alta fiabilidad y calidad, pero también de descubrir nuevos productos para su fabricación.

The more money, time, and creative energy that has been sunk into an idea, the harder it is to pivot.

definition of a startup: a human institution designed to create new products and services under conditions of extreme uncertainty.

Compared to a lot of startups, the Grockit team had a huge advantage: they were tremendously disciplined. A disciplined team may apply the wrong methodology but can shift gears quickly once it discovers its error. Most important, a disciplined team can experiment with its own working style and draw meaningful conclusions.

All innovation begins with vision. It's what happens next that is critical. As

Before new products can be sold successfully to the mass market, they have to be sold to early adopters. These people are a special breed of customer. They accept—in fact prefer—an 80 percent solution; you don't need a perfect solution to capture their interest.4

Build-Measure-Learn. The fundamental activity of a startup is to turn ideas into products, measure how customers respond, and then learn whether to pivot or persevere.

Startups have to focus on the big experiments that lead to validated learning.

El objetivo de una startup es averiguar qué debe producirse, aquello que los consumidores quieren y por lo que pagarán, tan rápidamente como sea posible.