If a competitor can outexecute a startup once the idea is known, the startup is doomed anyway. The reason to build a new team to pursue an idea is th… - Eric Ries

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If a competitor can outexecute a startup once the idea is known, the startup is doomed anyway. The reason to build a new team to pursue an idea is that you believe you can accelerate through the Build-Measure-Learn feedback loop faster than anyone else can.

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Additional quotes by Eric Ries

Yes, MVPs sometimes are perceived as low-quality by customers. If so, we should use this as an opportunity to learn what attributes customers care about. This is infinitely better than mere speculation or whiteboard strategizing, because it provides a solid empirical foundation on which to build future products.

Em diversas jurisdições, espanta a quantidade de passos requeridos para constituir uma nova empresa: licenças comerciais, registros de empregos, cobrança de impostos, treinamento obrigatório etc. Além do custo do cumprimento dessas normas, há o ônus psicológico de: 1) ter de aprender quais são todas elas; e 2) se preocupar com a possibilidade de ter deixado escapar uma delas e ser responsabilizado por isso. Na maioria dos lugares, a ignorância sobre as leis não é uma defesa válida, mas as leis atuais se tornaram tão abstratas e complexas que o pleno conhecimento delas é um trabalho de tempo integral

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Contrary to traditional product development, which usually involves a long, thoughtful incubation period and strives for product perfection, the goal of the MVP is to begin the process of learning, not end it. Unlike a prototype or concept test, an MVP is designed not just to answer product design or technical questions. Its goal is to test fundamental business hypotheses.

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