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Eric RiesA modern alternative to SparkNotes and CliffsNotes, SuperSummary offers high-quality Study Guides with detailed chapter summaries and analysis of major themes, characters, and more.
Summary
Background
Chapter Summaries & Analyses
Key Figures
Themes
Index of Terms
Important Quotes
Essay Topics
Tools
Eric Ries (b. 1978) is an author, entrepreneur, and software engineer. Ries began his career as a computer programmer. He received an undergraduate degree from Yale while co-founding Catalyst Recruiter, an online platform where university students could connect with potential employers. Ries moved to Silicon Valley after Catalyst Recruiter went under and worked at a series of startups that failed. He uses these experiences in the book to describe what entrepreneurs should not do as managers and innovators. His first major startup venture was IMVU, a social network, where he served as a Chief Technology Officer (CTO). At IMVU, Ries first started to implement lean manufacturing principles to product development. His implementation of a minimum viable product for IMVU’s instant messaging feature eventually allowed the company to earn millions in venture fundraising. After IMVU, Ries worked at and advised startups and corporations while serving as an entrepreneur-in-residence at Harvard Business School. In addition to The Lean Startup and The Startup Way, Ries authored The Leader’s Guide (2015), a self-published text on the curriculum he uses in training and consulting with startups. As of 2023, Ries organizes for The Long-Term Stock Exchange (LTSE), a new kind of national stock exchange that affiliates with long-term investors and companies to enhance the public company experience.
Taiichi Ono (1912–1990) was a Japanese industrial engineer and the father of the Toyota Production System (TPS), a groundbreaking manufacturing method that transformed global manufacturing practices and inspired Ries’s concept of The Lean Startup. Ono's innovative principles of just-in-time production and continuous improvement have become foundational in lean manufacturing. He emphasized waste reduction, efficient resource utilization, and employee involvement to enhance productivity.
Shigeo Shingo (1909–1990), also a Japanese industrial engineer, collaborated with Ono to develop TPS. Shingo introduced concepts like Single-Minute Exchange of Die (SMED) to minimize setup times and Poka-Yoke, which focuses on error prevention. His contributions laid the groundwork for modern quality control and process improvement methodologies, influencing diverse industries beyond manufacturing. Together, Ono and Shingo “taught the world the difference between value-creating activities and waste” as a means of building quality products efficiently (18).
The Facebook Company, founded by Mark Zuckerberg along with his college roommates Andrew McCollum, Eduardo Saverin, Chris Hughes, and Dustin Moskovitz, originated as a social networking platform primarily for Harvard University students in February 2004. Operating under the name "Thefacebook," the website quickly gained popularity within the university community, as it offered students the ability to create profiles, connect with classmates, and share information.
Facebook gradually opened its doors to other Ivy League institutions before extending invitations to colleges and universities across the United States and Canada. By September 2006, Facebook became accessible to anyone aged 13 and above with a valid email address.
Over the years, Facebook incorporated multimedia sharing, a new feed, events, pages, and advertising services, cementing its status as the largest social media network. While innovative, the algorithms that drive these features—especially the advertising and political content—have drawn controversy. The company, now known as Meta, owns Facebook, Instagram, Messenger, and WhatsApp, among other social media platforms. Ries cites David Kirkpatrick’s The Facebook Effect (2011) in recounting Facebook’s origin story, which has become the startup archetype, and notes Facebook’s use of Lean Startup principles like Lean User Experience (Lean UX) and leaps of faith in value creation and growth.
Frederick Winslow Taylor (1856-1915) is an American mechanical engineer and the author of The Principles of Scientific Management, published in 1911. Ries derives his theory of management science from Taylor’s principles and argues that Taylor’s concept of scientific management changed the course of business in the 20th century. Taylor is credited with the invention of management as a discipline that studies the efficiency of individual workers, management by exception, standardization of work into tasks, and task-plus-bonus system of compensation (272).
Taylor is best known for his methods of increasing efficiency in the manufacturing industry and applying engineering concepts to managing factory workers for maximum productivity. Ries believes that Taylor’s system of management was corrupted in the decades after he first published his theories. Managers saw only the systems and operations of business and forgot about the creative individuals who run those systems and operations. The Lean Startup takes the principles of Taylor’s management system and reappropriates them for modern economic circumstances and problems.
Google was established in 1998 by Larry Page and Sergey Brin as a research project while they were pursuing doctoral studies at Stanford University. Initially a search engine designed to organize results by relevancy using its PageRank algorithm, Google rapidly expanded to encompass email (Gmail), maps (Google Maps), and video sharing (YouTube), among other services. It expanded into the consumer tech market with the Android smartphone operating system, which it acquired in 2005. While fostering technological advancements, Google has also encountered controversy about user privacy, antitrust concerns, and other ethical considerations. Ries uses Google’s first search engine as an example of an MVP that had limited functionality, but which the developers expanded over time using methods similar to his Build-Measure-Learn strategy.