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Home / Archives for Tim Berry

Tim Berry

I have heard that if you believe in yourself/your business enough, you should use a credit card to get it started. Is this good advice?

Nov 20, 2013 By Tim Berry

Credit card debt isn’t all the same. Some people go deeper in debt than others, some have more resources than others as a safety net. Go into these dangerous waters very carefully, with a serious business plan, and a lot of thinking to provide a foundation to your decision to take this kind of risk.

Filed Under: Starting a Business

What does it take to qualify for a business loan?

Nov 14, 2013 By Tim Berry

Start by understanding that this area is governed by banking law designed to protect depositors’ money from banks taking too much risk. So most of what they require is not up to them and not a matter of how good your business is or isn’t.

Filed Under: Starting a Business

Is This Partner Arrangement Fair?

Nov 5, 2013 By Tim Berry

I get these emails, summarizing one side of an argument, asking me to guess or comment on fairness. For example, in an email I just received, the one asking me has worked for 18 months “with significant intellectual contribution.”

Filed Under: Legal Tagged With: Equity, Legal Issues, Partnerships, Planning, Starting a Business, Tim Berry

Bad Advice on Data Decisions

Oct 29, 2013 By Tim Berry

My problem is that so-called “data from customers” is rarely truth. Data gathering is plagued with problems of research design, random lists, skewed questions, half truth and innuendo disguised as data.

Filed Under: Strategic Planning Tagged With: Customer Experience, Data, Tim Berry, Tracking Data

Crowdfunding is Being Oversold

Oct 22, 2013 By Tim Berry

I think so-called “crowdfunding” is being oversold. Many people seem to think it’s going to mean a lot new investment money for U.S. startups. I don’t think so. Not yet. Maybe never.

Filed Under: Funding a Startup Tagged With: Crowdfunding, Finding Capital, Investors and Lenders, Startups, Tim Berry

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Run & Grow

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