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All Ideas are Brilliant Before They Are Executed.

by Tim Berry

“No battle plan ever survives first contact with the enemy.” – Helmuth von Moltke. Similarly, all business ideas are brilliant before they are executed.  Ideas have to run through an obstacle course of hard realities before they are really opportunities. Few ideas make it. Everybody has ideas, Millions of business ideas are floating around everywhere. Every problem anybody... Read More »

Steps to Entrepreneurship

I Want to be An Entrepreneur. What Steps do I Take?

by Tim Berry

What Steps to be a Tech Entrepreneur? I’m 18 years old and want to be a successful tech entrepreneur. What steps should I take? That one, specifically, popped up in my email today from Quora, the excellent questions-and-answers site that I frequent often. But that’s just today. I saw a very similar question from a... Read More »

Learn Anything in 20 Hours

by Tim Berry

TED talk by Josh Kaufman, author of The First 20 Hours: Mastering the Toughest Part of Learning Anything. This seems like a great way to start a new year. He notes the 10,000-hours idea made popular by Malcolm Gladwell in his book Outliers (it takes 10,000 hours to be an expert); but point out that... Read More »

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Business Strategy Is Useless Without Execution

by Tim Berry

In the last two weeks I’ve posted a three-part series on I’ve posted a series on setting and executing business strategy on the Amex OPEN forum in the last two weeks. I’m happy to see the first of these showing up on top of the trending list there. Here’s a summary: Start with Strategy The... 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 »

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 »

Work is Infinite

Startups and Business Owners: The ‘Have to Do’ Factor is Infinite

by Tim Berry

This should be so horribly obvious: Your business exists to make your life better. Not vice-versa. Don’t live to make your business better. Obvious? Sure. But people forget. Do you use what you “have to do” for your business as the constant recurring excuse for missing things that matter to people you love – soccer games,... Read More »

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Where Business Wisdom and Life Intersect

by Tim Berry

This image, proving again that a picture is worth a thousand words (although, not, I’m told, for SEO purposes, but oh well …). My thanks to Jordi Pedrol, who shared it where I saw it; and to whoever drew it (not me), and to the generations of sages who teach it. (Image: Jordi Pedrol via... Read More »

Don't tell your spouse

3 Things Never to Tell an Entrepreneur About her/his Spouse

by Tim Berry

I just read 7 Things Never to Tell Your Spouse About Business Finances, posted by Barry Molz on Amex OPEN forum. I like Barry and I like his work.  I’ve been on his podcast before and it was great. But his tone of voice in this post makes me uncomfortable. If you’re curious, compare Barry’s tone... Read More »

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Drill Down into What You Do Best

by Tim Berry

I put this here today because I love this quote: “I wanted to fundamentally feel like I was the best person in the world to solve that problem.” This is Tristan Walker, of Walker and Company Brands, speaking at Stanford, courtesy of Stanford eCorner. If you don’t see the video here, please click here for... Read More »