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Home / Archives for Tim Berry

Tim Berry

CEOs Change the Deeper Meaning of the Ultimate Bottom Line

Sep 11, 2019 By Tim Berry

As I read this morning about the Business Roundtable changing this fundamental principle, I was really glad to see it. It’s about time. Several hundred influential CEOs got together and agreed to revise priorities. The next quarter’s profits—which maximizes short-term share price—are no longer the supreme goal and top priority. Here’s the story: AMERICA’S CEOS JUST […]

Filed Under: Best Practices Tagged With: Establishing Priorities, Leadership, Values

7 Crazy Startup Ideas That Worked

Aug 28, 2019 By Tim Berry

I believe many people put way too much stock in the startup idea. Doing the business, doing the work, getting things done, and execution are all more important. Obviously a bad idea can make a business unsuccessful, but a good idea is no guarantee. And very few successful businesses are based on being the first […]

Filed Under: Creating a Plan Tagged With: Developing an Idea, Infographics, Startups

What Do I Need to Do to Become an Entrepreneur?

Aug 13, 2019 By Tim Berry

Q: What do I need to do to become an entrepreneur? Being an entrepreneur is simply somebody who has launched a business. It’s not a set of traits or qualities, a state of being, or an attribute. It’s not a degree or certificate. It’s not an expertise. It’s did you start a business, or not? […]

Filed Under: Personal Readiness Tagged With: Developing an Idea, Education, Getting Started, Startups

3 Critical Questions to Ask Yourself Before Starting a Business

Aug 8, 2019 By Tim Berry

Starting a business? Thinking about starting a business? Here are my suggestions for three quick questions you should ask yourself first: What are the chances that the business I want to start will be able to launch and grow? That’s a matter of market, product, product-market fit, need, demand, fulfillment and delivery. What resources are […]

Filed Under: Personal Readiness Tagged With: Getting Started, Risk, Startup

3 Business Plan Critical Factors

Apr 29, 2019 By Tim Berry

What matters most for a business plan? When somebody asked on Quora what are the critical factors of a business plan, I came up with these three business plan critical factors: Does it achieve its business goal? Form follows function; does it achieve its business goal? Measure a business plan by its results, and nothing else. You […]

Filed Under: Creating a Plan Tagged With: Business Plan

10 Good Reasons Not to Seek Investors for Your Startup

Apr 8, 2019 By Tim Berry

Before you buy into the myths about startup investors, first consider whether you actually want startup investors for your new business at all. No, I’m not bitter … I had VC money in Palo Alto Software for a few years and they were helpful, collaborative, and good people. I’m not a bitter victim.  And I’ve […]

Filed Under: Finance, Working with Investors Tagged With: Investors, Startups

Q&A: How to Be an Entrepreneur

Feb 25, 2019 By Tim Berry

Question: How to be an entrepreneur? My Answer: First, if you have the option and haven’t already, get a good education. Focus on whatever interests you, not necessarily business. Entrepreneurs without formal education are at a huge disadvantage. But there’s no clear difference between a good degree in business and a good degree in any other […]

Filed Under: Personal Readiness Tagged With: Developing an Idea, Getting Started

Avoid Meaningless Words

Jan 17, 2019 By Tim Berry

From Seth Godin’s post Meaningless, published January 7… There are words that now have no meaning at all… ‘Well’ and ‘so’ have been doing this work for a long time, but add to that the more syllabic words like ironically, literally, and hopefully. And don’t forget all the adjectives, beginning with ‘very’ and ‘really’ that (ironically) make something […]

Filed Under: Communication Tagged With: Communication, Writing

You Have to Know When to Quit

Nov 15, 2018 By Tim Berry

I recommend you read Nat Eliason‘s piece No More Struggle Porn. He’s attacking one of the more pervasive startup myths around, the idea that the struggle itself, the overwhelming and overpowering struggle that pushes everything else out of your life, is a good thing. He defines struggle porn as: I call this “struggle porn”: a masochistic obsession […]

Filed Under: Best Practices Tagged With: Making Decisions, Persistence

6 Common Misconceptions About Angel Investors

Jul 20, 2018 By Tim Berry

The question on Quora was “What do investors ‘get’ that other people don’t?” I answered that question from the point of view of angel investors, specifically … not just investors. 1. Some of the healthiest businesses are not good investments Many people think that a good business makes a good investment. The truth is not […]

Filed Under: Working with Investors Tagged With: Angel Investors, Growth, Investors

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