The Lean Startup Talk at Stanford E-Corner

Explore insights on entrepreneurship, debunk common myths, and learn about successful idea pivots as described by author Eric Ries in extreme startup conditions.

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Brief Summary

This course tackles the myths around entrepreneurship, emphasizing that startups are not just small versions of large businesses. It's about uncovering innovative ideas under pressure, finding essential pivot points, and ensuring market fit before running low on resources.

Key Points

  • Startups are not miniature versions of big companies.
  • Success depends on adaptability under pressure.
  • Finding 'the pivot' is key to reinvention.
  • Uncovering the right ideas is crucial.
  • Market discovery is vital before funds run out.

Learning Outcomes

  • Understand what differentiates successful startups.
  • Identify the importance of adaptability in business.
  • Learn to pivot and reinvent strategies when needed.

About This Course

Debunking Myths of Entrepreneurship A startup is not a "doll house" version of a larger enterprise.

Debunking Myths of Entrepreneurship

A startup is not a "doll house" version of a larger enterprise. Its a human institution trying to start something new under extreme conditions of uncertainty, says author Eric Ries. Its not that some founders have better ideas than others, and this is what dictates success. What differentiates a successfully launched enterprise is one who can unearth the best ideas under duress - those who can find "the pivot"- the point of reinvention when they realize that their original ideas need retooling. And, more critically, that they can find their market before they run out of money.

Instructor

Profile photo of Eric Ries
Eric Ries

Eric Ries is the creator of the Lean Startup methodology and the author of the popular entrepreneurship blog Startup Lessons Learned. He previously co-founded and served as Chief Technology Officer of IMVU. In 2007, BusinessWeek named Ries one of the Best Young Entrepreneurs of Tech and in 2009 he was honored with a TechFellow award in the category of Engineering...

More Courses By Eric Ries, Steve Blank, Dave McClure, Janice Fraser, Ash Maurya
Review
4.9 course rating
4K ratings
ui-avatar of Nishreen Shabbir
Nishreen S.
4.0
7 months ago

It was a good learning course with good insights.

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ui-avatar of Bassem Aly Mahmoud Elbiaa
Bassem A. M. E.
5.0
7 months ago

The course content was really great and very helpful.

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ui-avatar of Siyanda Nyengule
Siyanda N.
4.5
8 months ago

Great insights

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ui-avatar of Bo-syun Chueh
Bo-syun C.
5.0
8 months ago

An excellent course, offering numerous perspectives for planning and brainstorming entrepreneurial ideas.

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ui-avatar of Chi Chen Lee
Chi C. L.
5.0
8 months ago

Building a product customers want is the key for the success of the startup.

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ui-avatar of Aditya Singh
Aditya S.
4.5
1 year ago

pretty brilliant so far, informative and easy to catch on

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ui-avatar of Tay Onyenaka
Tay O.
5.0
1 year ago

Good content

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ui-avatar of Georg Axelsson
Georg A.
5.0
3 years ago

Some really good information, and the presenter is really entertaining at the same time

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ui-avatar of Suran Moodley
Suran M.
5.0
3 years ago

Valuable information, that’s articulated very well.

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ui-avatar of Shubham Singh Rajput
Shubham S. R.
5.0
3 years ago

best course for startup

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