Do We All Undervalue Bootstrapping?

by Tim Berry

In business schools, in popular blogs, in business publications, and in general discussion of starting a business, we undervalue bootstrapping. We teach starting a business as if every new business requires sophisticated venture capital. I understand how this can be... Read More »

Yes No Maybe

5 Simple Rules for Better Business Decisions

by Tim Berry

They teach decision sciences in business schools. Those of us doing business, either as entrepreneurs, business owners, or careerists, talk a lot, and think a lot, about business decisions. We all want better business decisions. I’ve taken some of those courses and heard a lot of the talk, and I’ve survived running my own business... Read More »

Adam Osborne on Product Release Brinkmanship

by Tim Berry

Adam Osborne, author, computer entrepreneur, personal computer pioneer, used to say "adequate is good enough." Interesting to what extent, if any, that still applies to software publishing Read More »

What? Me do a Business Plan? But I’m Not a Start-up!

by Tim Berry

Ask the owner of a small-to-medium company about a business plan. Expect the answer: "Business plan? but I'm not a start-up. Why would I want a business plan?" They don't all answer that way, but too many do, and it's... Read More »

8 Successful Companies That Had to Pivot (Infographic)

by Tim Berry

My thanks to Paula Andruss for this infographic on Entrepreneur.com: Read More »

Restaurants, Bootstrapping, Good Stories, and Divine Intervention

by Tim Berry

This is a great look at one example of a successful restaurant business. Jonathan Fields calls it “bootstrapping with a bit of divine intervention.” That story is about four minutes in. The whole interview is interesting, and a good background look for anybody curious about the restaurant business, particularly one successful restaurant business, not stylized... Read More »

Beware of One-Size-Fits-All Business Advice

by Tim Berry

Last Tuesday I had the privilege of taking 10 half-hour appointments with student entrepreneurs developing business plans. The idea was listening, talking, suggesting, and maybe helping with a thought or two. What a kick that is. No wonder I love what I do for a living. I started each of these sessions with a warning... Read More »

Nice People Can be Bad Bosses. Way Too Often.

by Tim Berry

I’m troubled. The problem, in a nutshell, is that saying jerks and idiots are bad bosses is a bit too easy. It implies that not being a jerk or worse makes you a good boss. And that’s not always true. Nice people can be bad bosses. I like Bob Sutton’s work a lot. He blogs... Read More »

Don’t Underestimate Beachhead Strategy

by Tim Berry

I like beachhead strategies. The term comes from military strategy, meaning that as you invade enemy territory, you need to focus your strength and concentrate on winning a small border area (the beachhead) that becomes the stronghold from which you’ll advance into the rest of the territory. That’s what the allies did, successfully, in the... Read More »

The 6 Most Expensive Words in Business

by Tim Berry

I saw this on Twitter yesterday, posted by Meghan Biro: Remember that the six most expensive words in business are: “We’ve always done it that way.”–Catherine DeVrye She makes a good point. In my 30+ years in business I’ve seen way too much of “we’ve always done it that way” and I’d like to think... Read More »