608 - Incorruptible: How Great Companies Stay Great with Eric Ries
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 1 June 2026
⏱️ 50 minutes
🧾️ Download transcript
Summary
How small business owners can build mission-driven companies that earn trust, create long-term value, and avoid the traps that cause good businesses to lose their way.
Show Notes Page: https://www.thehowofbusiness.com/609-eric-ries-incorruptible/
What causes good companies to go bad?
According to Eric Ries, author of The Lean Startup and his new book Incorruptible, it often begins when organizations lose sight of their true mission and start making decisions based solely on short-term financial results.
In this episode, Henry Lopez speaks with Eric Ries about how entrepreneurs can build businesses that stay true to their purpose as they grow. Eric shares why mission is much more than a statement on a wall, how trust becomes a powerful competitive advantage, and why governance structures matter even for small businesses.
They discuss real-world examples from companies like Cloudflare, Patagonia, Costco, and Taylor Guitars, exploring how organizations can make principled decisions that strengthen trust and create long-term value. Eric also explains why profit is often misunderstood and how business owners can think differently about profitability, purpose, and organizational longevity.
The conversation concludes with Eric's thoughts on how AI is accelerating entrepreneurship and why founders who move quickly, learn rapidly, and remain grounded in their mission will be best positioned for the future.
Whether you're launching a startup, leading a growing company, or planning for succession, this episode offers valuable insights on building a business that endures.
Eric Ries is an entrepreneur, author, and creator of the Lean Startup methodology. His work on innovation, entrepreneurship, governance, and long-term company building has influenced founders and business leaders around the world. He is the bestselling author of The Lean Startup, The Startup Way, and Incorruptible.
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Transcript
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| 0:00.0 | Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, run, and grow your small business. And now, here is your host. |
| 0:15.5 | Welcome to this episode of The How of Business. This is Henry Lopez, and it's my great pleasure to have Eric Reese on the show. |
| 0:21.4 | Eric, welcome to the show. |
| 0:22.7 | Thank you very much. Thanks for having me. I'm a big fan of Eric's book, previous book, and we're going to talk about his new book. I have his previous book here, one of his previous books. That's awesome. Yeah, the Lean Startup, that's one of my Bibles. It sits on my desk. I mention and refer to it often in different ways as I do business coaching and as I guide people on how to start a business. I think it's a seminal must read on how to do that. And so we'll refer to that, but talk about... Thank you. Thank you for my pleasure. Obviously, it's been a national bestseller for a long time, a hugely popular book. But we're going to talk about the new book. So today, Eric Reese is with me. He's the author, like I said, of the lean |
| 0:57.8 | startup. a national bestseller for a long time, a hugely popular book. But we're going to talk about the new book. So today, Eric Reese is with me. He's the author, like I said, of the Lean Startup. |
| 0:58.4 | It's one of the most influential books ever written about building a modern business. His new book, |
| 1:03.8 | Incorruptible, which we're going to focus on today, tackles, I think, that next challenge that |
| 1:08.4 | founders face, which is how to grow a company without losing |
| 1:11.9 | the mission, the values, and trust that made it successful in the first place. |
| 1:16.5 | So when you're in that stage, Eric can adhere then to share how entrepreneurs can build |
| 1:21.3 | businesses that stay true to their purpose as they scale. |
| 1:25.7 | You can find all of the how business resources, including the show notes page for this episode and learn more about my one-on-one in group coaching programs at the HowaBusiness.com. I also invite you to consider joining the Howa Business community on Patreon and subscribe, wherever you might be listening so you don't miss any new episodes. Let me tell you a little bit more about Eric and then we'll get into the conversation. |
| 1:44.7 | Eric Reese is an entrepreneur, an inventor of the Lean Startup Methodology, |
| 1:49.1 | bestselling author, as I said, of the Lean Startup. |
| 1:51.6 | He's also written The Startup Way and the Leaders Guide. |
| 1:54.8 | And over the past two decades, his work on continuous innovation, |
| 1:59.1 | long-term thinking, governance, and company building has influenced |
| 2:03.0 | founders and business leaders worldwide, including myself, and his new book is titled Incorruptible |
| 2:08.6 | Why Good Companies Go Bad and How Great Companies Stay Great. And it explores how leaders can build |
| 2:14.5 | mission-driven organizations that stay true to their values as they grow. |
| 2:19.1 | Eric lives in the San Francisco Bay Area. Once again, Eric Reese, welcome to the show. |
| 2:23.0 | Thank you so much. |
... |
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