Growth Marketing Glossary

Eric Ries

/ˈɛɹɪk ɹaɪz/proper noun

Build, measure, learn — the loop that replaced the five-year business plan with this week's experiment.

BuildMeasureLearnbuild, measure, learn — the validated-learning loop
Portrait mark — Eric Ries
Name
Eric Ries
Key work
The Lean Startup (2011)
Coined
Minimum viable product (popularized)
Later
Founded the Long-Term Stock Exchange

Forms & parts of speech

lean startup · noun phrase
His method; lowercase, now generic.
"We're running lean startup on this — MVP first, then the funnel data decides."

Who he is, in plain terms

Eric Ries is the entrepreneur who turned his scar tissue from the virtual-world startup IMVU into a general method. His 2008 "Startup Lessons Learned" blog became The Lean Startup (2011), which sold over a million copies and put its vocabulary — MVP, pivot, validated learning — into every product conversation since. He later founded the Long-Term Stock Exchange.

The key ideas

A startup is an experiment in extreme uncertainty, so progress is validated learning, not features shipped; the build-measure-learn loop should spin as fast as possible, with the minimum viable product as the cheapest probe that generates real customer evidence; innovation accounting tracks whether the engine is improving (actionable metrics) rather than whether the chart goes up (vanity metrics); and the pivot — a structured strategy change that keeps one foot in what was learned.

Why he still matters

Growth marketing inherited his epistemology wholesale — hypothesis, smallest test, metric, decision. The misreadings matter too, and he named them himself: MVP is not an excuse to ship junk, lean is not cheap, and a pivot is not a panic. Teams that quote the book but skip the measurement half are running build-build-build, which is the disease the method was written to cure.

Worked example. A team wants six months to build a marketplace app. The Ries probe takes two weeks — a landing page describing the service, a concierge version fulfilled manually for the first 30 customers, and a spreadsheet tracking activation and repeat usage. The data kills one of three planned features and reveals the real willingness to pay. Six months of roadmap risk got retired for the cost of a fortnight.
Failure modes to watch. Shipping a shoddy product and calling it an MVP; measuring vanity metrics while calling it innovation accounting; and pivoting on mood instead of on evidence the current strategy failed.

Synonyms & antonyms

Synonyms

Eric Rieslean startup

Origin & history

Yale and Silicon Valley; co-founded IMVU (2004) where rapid-deployment practice seeded the method. He adapted lean manufacturing ideas (Toyota) and Steve Blank's customer development — Blank taught him at Berkeley and required the blog as a condition of investing. The book arrived September 2011.

Etymology: source.

Usage trends

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Common questions

Who is Eric Ries?
Entrepreneur and author of The Lean Startup (2011), the method built on build-measure-learn loops, MVPs, and validated learning.
What is the build-measure-learn loop?
Turn an idea into a minimal product, measure real customer behavior, learn whether to persevere or pivot — then repeat, fast.
What is an MVP in Ries' terms?
The smallest version of a product that generates validated learning about customers — a probe for evidence, not a cheap v1.

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Disciplines

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Sources

  1. trendsGoogle Trends — "eric ries"