"I Realized I Didn't Know What the Word Strategy Means" - Eric Ries
The biggest mistakes are opportunity-cost mistakes -- the companies you turned down, the investments you didn't make.…
Frankenstein and His Monster: How Founders Lose Control - Eric Ries
Boards betray founders. Investors betray founders. Employees betray founders. Some founders succumb to the stress and…
Why Did Whole Foods Need a High Stock Price? (5 Whys) - Eric Ries
Whole Foods was profitable every quarter and every year it was a public company -- including 2008, when its stock…
The Boston Job Interview That Humiliated Eric Ries -- His Favorite Mistake
Eric Ries built, launched, and blew up a startup with real investors and a working product before he realized he…
Why "Best Practices" Build Weak Companies - Eric Ries
The next time someone tells you something is a "best practice" you have to follow, ask yourself one question: are they…
A 40-Page Business Plan Is Not a Strategy | Eric Ries, Author of "Incorruptible"
Eric Ries had a 40-page business plan. An Excel model so complicated it would crash Excel. A team of elite students.…
"If You Raise the Price, I Will Effing Kill You" -- The Costco Hot Dog Story
A Big Mac cost $1.60 in 1986. Today it's $7. Costco's hot dog and soda combo is still $1.50. When Costco's COO told…
Bob Lutz, Bean Counters, and What Gets Filtered Out
About 13 or 14 years back, I had Bob Lutz on Lean Blog Interviews. He had a book out called Car Guys vs. Bean…