| 00:00:07 |
Harleston, Robb - Host
RIES IS THE AUTHOR OF "THE LEAN STARTUP: HOW TODAY'S ENTREPRENEURS USE CONTINUOUS INNOVATION TO CREATE RADICALLY SUCCESSFUL BUSINESSES." WELCOME TO THE...
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| 00:00:25 |
Ries, Eric - Author
LEAN ABOUT MANUFACTURING. THIS IS AN IDEA THAT STARTED IN JAPAN. BUT LEAN WAS ALL ABOUT EFFICIENCY. THE BIGGEST PROBLEM IS THAT THE PLANT THEY ARE WORKING...
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| 00:01:04 |
Harleston, Robb - Host
PLACE FOR GOVERNMENT INVOLVEMENT IN THIS LEAN STARTUP PROCESS? GUEST:
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| 00:01:12 |
Ries, Eric - Author
GOVERNMENT IS A DIFFERENT BEAST. THERE ARE IMPORTANT ROLES FOR THE GOVERNMENT FOR STARTUPS TO PLAY. I THINK WE'RE STARTING TO SEE THE SIGNS OF INNOVATORS...
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| 00:01:35 |
Harleston, Robb - Host
GIVE US AN EXAMPLE. GUEST: TO BRING NEW
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| 00:01:40 |
Ries, Eric - Author
CONSUMER PROTECTION BUREAU -- THE NEW CONSUMER PROTECTION BUREAU. THAT IS A STARTUP. IT HAS TO START SOMEWHERE. TRYING TO USE THAT AGENCY IS AN EXAMPLE...
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| 00:02:30 |
Harleston, Robb - Host
TALKING ABOUT THE ROLE IN HELPING STARTUP COMPANIES WITH ERIC RIES, THE AUTHOR OF "THE LEAN STARTUP: HOW TODAY'S ENTREPRENEURS USE CONTINUOUS INNOVATION...
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| 00:03:17 |
Harleston, Robb - Host
TALK ABOUT THE AUDACITY TO OOF ZERO. GUEST: WHEN YOU
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| 00:03:27 |
Ries, Eric - Author
HAVE NO RESULTS AT ALL AND ACCOMPLISH NOTHING, THAT IS THE EASIEST TIME TO RAISE MONEY FOR YOUR PROJECT. NOTHING INVITES IMAGINATION ABOUT ALL THE AMAZING...
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| 00:04:25 |
Harleston, Robb - Host
LESSIST -- PICK ANY ONE OF THOSE AND EXPLAIN WHY THEY ARE A LEANED STARTUP COMPANY. GUEST:
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| 00:04:35 |
Ries, Eric - Author
ZAPPOS. THEY ARE LEADING ONLINE RETAILER FOR SHOES. WHEN THEY BEGAN, THEY DID NOT HAVE AND ROBERT WEBSITE -- AN ELABORATE WEB SITE. THEY WENT TO A SHOE...
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| 00:05:32 |
Harleston, Robb - Host
FIRST CALL COMES FROM MASSACHUSETTS FROM SUSAN. TELL US ABOUT YOUR BUSINESS. CALLER: I
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| 00:05:42 |
CALLER, -
CREATED A BUSINESS OF MAKING FAERY AND PRINCESS ADDRESSES FOR LITTLE GIRLS -- FAIRY AND PRINCESS DRESSES. THEY WERE KIND OF FANCY AND EASY TO TAKE OFF....
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| 00:07:11 |
Harleston, Robb - Host
IN MASSACHUSETTS.
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| 00:07:14 |
Ries, Eric - Author
GUEST: THIS IS A DIFFICULT PROBLEM. ALL OF US WANT OUR IDEAS TO BE PROTECTED. WE THINK WE SHOULD GET PROTECTION. MOST INTELLECTUAL PROPERTY PROTECTIONS...
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| 00:08:22 |
Harleston, Robb - Host
AMERICAN HERO SENDS US THIS TWEET. GUEST: I WANT TO BE SUPER
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| 00:08:34 |
Ries, Eric - Author
CLEAR. THE GOVERNMENT DOES NOT FINANCE START-UPS. IF YOU WANT TO PROMOTE ON JUPITER SHIP -- OF ENTREPRENEUR SHIP, THE BIGGEST POLICY LEVELS THEY CARE...
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| 00:09:47 |
Harleston, Robb - Host
SPOOR, VIRGINIA -- WILLIAMSBURG, VIRGINIA. CALLER: I OWN -- IT
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| 00:10:00 |
CALLER, -
IS FOR EDUCATION. I BEEN TO OVER 1000 SCHOOLS. I HAVE 30 STATIONARY BIKES THAT THE CHILDREN AS YOUNG AS FOUR YEARS OLD. WE TAKE THE CAPITAL INVESTMENT,...
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| 00:11:57 |
Harleston, Robb - Host
I ASSUME WHEN YOU TAKE THESE VEHICLES TO THE SCHOOLS THAT THE SCHOOL SYSTEM THAT IS PAYING FOR IT. IF YOU GO INTO A NEIGHBORHOOD THAT IS SEPARATE FROM...
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| 00:12:10 |
CALLER, -
I FIND FUNDING FROM CHURCH GROUPS, INTERESTED SOCIAL SERVICE GROUPS, COMMUNITY SERVICE BOARDS. I AM FOR-PROFI. T. HOST: RANDY
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| 00:12:29 |
Harleston, Robb - Host
IN VIRGINIA. GUEST: WHAT A COOL
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| 00:12:35 |
Ries, Eric - Author
EXAMPLE OF THE DESIRE TO MAKE THE WORLD A BETTER PLACE USING THE FOR- PROFIT MODEL TO ENACT SOCIAL CHANGE. THE STATUS QUO IS FIRMLY ENTRENCHED. I SEE...
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| 00:14:22 |
Harleston, Robb - Host
CAROLINA. CALLER: THERE'S
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| 00:14:25 |
CALLER, -
BEEN A FUNDAMENTAL SHIFT IN AMERICA, WHICH I THINK CONTRIBUTES TO THE JOBLESS ECONOMY. IF YOU'RE DOING SOMETHING WITH SEMICONDUCTORS THAT IS NO LONGER...
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| 00:15:53 |
Harleston, Robb - Host
LIGNE START UP CHANGE THE NATURE OF VENTURE CAPITALISM -- LEAN STARTUPS CHANGE THE NATURE OF VENTURE CAPITALISM? GUEST: THE BIG CHALLENGE IS,
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| 00:16:07 |
Ries, Eric - Author
AS WE BRING ENTREPRENEURSHIP TO MORE AND MORE PEOPLE, AS WE DEMOCRATIZE IT, AS THE SEMICONDUCTOR REVOLUTION AFFECTS MORE INJURIES -- INDUSTRIES, HOW...
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| 00:16:41 |
Harleston, Robb - Host
TITUSVILLE, FLORIDA. YOU ARE ON "WASHINGTON JOURNAL" WITH ERIC RIES. CALLER: THANK YOU
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| 00:16:48 |
CALLER, -
FOR TAKING MY CALL. I FIND THE BIGGEST IMPEDIMENT TO STARTING A SMALL BUSINESS IS LOCAL GOVERNMENT, NOT FEDERAL. THE PROBLEM I HAD EARLY ON WHEN I TRIED...
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| 00:17:33 |
Ries, Eric - Author
WORK AROUND THESE THINGS? GUEST: YOU USED TO HAVE
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| 00:17:38 |
Ries, Eric - Author
TO OWN A FACTORY JUST TO BUILD A PRODUCT AND SEE IF IT WORKED. ENTREPRENEURSHIP USED TO BE RESERVED FOR PEOPLE WHO COULD MAKE THAT KIND OF CAPITAL INVESTMENT....
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| 00:19:01 |
Harleston, Robb - Host
WE WANT TO TAKE A LOOK AT A COUPLE OF ELEMENTS, INCLUDING THE $1 BILLION EARLY-STAGE INNOVATION FUND, FINANCING BUSINESS BETWEEN $1,000,000.4000000 DOLLARS,...
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| 00:19:43 |
Ries, Eric - Author
EXCITED ABOUT STARTUP AMERICA. IT IS UNPRECEDENTED. THE ADMINISTRATION SHOULD BE COMMENDED. ENTREPRENEURS SHIP IS ABOUT TAKING RISK, BEING INNOVATIVE,...
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| 00:21:38 |
Harleston, Robb - Host
FORT LAUDERDALE. CALLER: I HAD AN EIDEA
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| 00:21:45 |
CALLER, -
IN 2002, WHICH I CALLED "THE INTERPRETER." MY IDEA WAS TO PUT THE COMPUTER IN THE PHONE. I GAVE THE COMPANY $2,200 FOR A PATENT. I RECEIVED A TWO-YEAR...
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| 00:22:52 |
Harleston, Robb - Host
THERE. WE'RE STARTING TO RUN OUT OF TIME. YOU HAVE MENTIONED PATENT REFORM. WHAT YOU THINK OF THAT IN LIGHT OF THE PLIGHT OF CALLERS LIKE THAT? GUEST:...
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| 00:23:07 |
Ries, Eric - Author
PROBLEM WITH THE SYSTEM IS THAT IT DIRECTS ENTREPRENEURIAL INCH ENERGY -- ENTREPRENEURIAL ENERGY AWAY FROM CREATING THINGS. 14 YEARS WOULD BE CONSIDERED...
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| 00:24:14 |
Harleston, Robb - Host
THAT TOUCHED ON SOMETHING YOU BROUGHT UP EARLIER. LET'S GO BACK TO THE BOPHONES. KANSAS CITY, KANSAS. TELL US ABOUT YOUR BUSINESS, THEN YOUR QUESTION...
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| 00:24:43 |
CALLER, -
FROM CHICAGO TO SAN MONICA. IT IS A PAPER PRODUCT, AN ATLAS- SIZED BOOK, WITH SMALL YELLOW- PAGE SECTIONS THROUGH THE BOOK. THAT IS THE -- THE REVENUE...
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| 00:26:40 |
Harleston, Robb - Host
IT THERE. IN THEIR CASE, THEY'RE NOT NECESSARILY REINVENTING THE WHEEL, BUT THEY HAVE FOUND A PLACE WHERE THEY CAN SUPPLY A PRODUCT.
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| 00:26:53 |
Ries, Eric - Author
GUEST: THAT MODEL THAT HE TALKED ABOUT IS WHAT WE WANT EVERYONE TO DO. PROVE THE BUSINESS IN MICRO SCALE. SHOW THE THAT WORKS WITH A SMALL NUMBER OF CUSTOMERS...
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| 00:28:13 |
Harleston, Robb - Host
ARGUMENT FOR CANDIDATES TO BE MAKING, RATHER THAN, WE'RE GOING TO BRING BACK LARGE MANUFACTURING, STEEL, WHATEVER? IS IT MORE LIABLE TO SAY, WELL, ...
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| 00:28:43 |
Ries, Eric - Author
NOT KNOW IF IT IS MORE RELIABLE -- MORE VIABLE. THERE IS A PROVISION IN THE JOBS BILL THAT WOULD ALLOW PEOPLE WITH PERMANENT -- COLLECTING PERMANENT UNEMPLOYMENT...
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| 00:29:47 |
Harleston, Robb - Host
RIES IS NOT ONLY AUTHOR OF THE "THE LEAN STARTUP." HE IS HARVARD BUSINESS SCHOOL'S ENTREPRENEUR IN RESIDENTSCE. BATTLE CREEK, MICHIGAN. YOU ARE ON THE...
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| 00:30:07 |
Ries, Eric - Author
WE PROTECT THE PEOPLE LIKE THE LADY WHO WAS MANUFACTURING THE APRONS AND THEN SOMEONE STOLE HER IDEA. HOW DO WE PUBLICIZE THE NAME OF HER COMPANY SO...
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| 00:30:27 |
Ries, Eric - Author
QUESTION. THE NICE THING ABOUT THE INTERNET, SOCIAL MEDIA, TWITTER -- RIGHT NOW, AS WE SPEAK, THERE IS A WHOLE SIDE CONVERSATION GOING ON WHERE THE...
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| 00:31:11 |
Harleston, Robb - Host
ERIC COMES FROM COLORADO SPRINGS, COLORADO. CALLER: WHEN I WENT
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| 00:31:19 |
CALLER, -
TO SCHOOL, THEY SAID THAT MORE THAN 80% OF SMALL BUSINESSES FAIL IN THE FIRST YEAR. IT'S NOT GOING TO LEAD TO A LOT OF UNPAID LOANS -- ISN'T THAT GOING...
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| 00:31:36 |
Ries, Eric - Author
GUEST: ABSOLUTELY. WE NEED TO FILL FASTER SO WE CAN LEARN FASTER SO WE CAN GET TO SUCCESS -- FAIL FASTER SO WE CAN LEARN FASTER SO WE CAN GET TO SUCCESS...
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| 00:32:15 |
Harleston, Robb - Host
IS CALLED "THE LEAN STARTUP." ITS AUTHOER, R, ERIC RIES, HAS BEEN OUR GUEST. WE CONTINUE OUR SERIES WITH A LOOK AT JOB-TRAINING PROGRAMS. FIRST, ANOTHER...
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| 00:32:39 |
Unidentified Speaker, -
A.M. EASTERN. AUTHORITIES SAID AMERICAN HAS BEEN SHOT DEAD BY AN AFGHAN WORKING FOR THE U.S. GOVERNMENT IN AN ATTACK NEAR THE U.S. EMBASSY IN KABUL,...
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| 00:33:43 |
Unidentified Speaker, -
SHOULD ALWAYS START WITH THE
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.