Causation-Correlation

Don’t Be Fooled By Mismanaged Data

by Tim Berry

Here’s another great example of why you don’t blindly trust research. This illustration comes from this Gizmodo post. Post author Jesus Diaz is not saying this means what it seems to say (see his conclusion below). But here you are with another example of how easy it is to get the wrong conclusions, especially when the research... Read More »

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Q&A: What Do I Include in a 1-Page Business Plan

by Tim Berry

I received this question overnight from my ask-me-a-question page: I am entering a competition that is asking for a one page business plan and I am having a hard time trying to determine what to put on it and what not to include. What information is absolutely required? To answer this well I’d need to... Read More »

win the competition

Q&A: Winning Business Plan for a Competition

by Tim Berry

How do you win a business plan competition? I’m glad you asked. I’m a frequent judge of these competitions so it’s in my interest to help you improve your chances by developing a better business plan, pitch presentation, summary, and elevator speech. Read More »

And what do we do if the Internet doesn't disappear?

Do We Want Our News Crowdsourced?

by Tim Berry

Whether we want our news crowdsourced, or not, I don’t think we have a choice. The steady onslaught of rapid information via the new technologies – digital, social media, et. al. – is happening. In the background, traditional news media get less attention (readers, viewers, web traffic) and that means less money to pay for... Read More »

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How do I make a good pitch deck for investors?

by Tim Berry

This is my answer to How do I make a good pitch deck for investors? on Quora. First you need to differentiate between the pitch deck you leave behind for its information value – which has more words – and the pitch deck you use when you are there talk, which should be much more pictures than... Read More »

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Q&A: When should a small business focus on growth over profits?

by Tim Berry

This is my answer to an interesting question on Quora: When should a small business focus on growth over profits? As soon as you have the cash flow managed, you should focus on growth, not profits. Profits are today, and growth is tomorrow. You need today assured by cash flow, but don’t sacrifice more today than... Read More »

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Quick Quiz: What Do Investors Cite as the Common Cause of Failures?

by Tim Berry

What do venture capitalists and angel investors cite as the common cause of the failures in their portfolios? That’s a great question, which somebody posed in Quora. And as I write this post, it has several really interesting answers. Jason Lemkin, who runs Storm Ventures, has my favorite answer. It’s also the overwhelming favorite of those... Read More »

Beautiful Ruins, by Jess Walter

You Have to Do Disappointment Twice

by Tim Berry

Such a beautiful quote: I ask if stories are empires, you’ll say— ‘Stories are people. I’m a story, you’re a story . . . your father is a story. Our stories go in every direction, but sometimes, if we’re lucky, our stories join into one, and for a while, we’re less alone.’ ‘But you never... Read More »

MBA and tech startups

Does an MBA Help in Running a High-Tech Business?

by Tim Berry

Question (on Quora): Does an MBA help in starting up and running a technology-based business?  My Answer on MBA for High Tech I have an MBA degree and I bootstrapped a software company past $10M annual sales and was a co-founder of another software company that went public in less than four years. And the... Read More »

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Real Cases: Paths Female CEOs Took to the Top

by Tim Berry

This is interesting: Harvard Business Review just published some research on how large-company female CEOs reached the top. The authors looked at the career paths of 24 women who head Fortune 500 companies. They do say they were testing the standard assumption that these women took “the most competitive business tracks, like investment banking and... Read More »