Balance

Startup Advice: Don’t Let Life Get Lost in the Shuffle

by Tim Berry

The guy seems callous, selfish, as he dismisses his wive, lover, or child, with frustration. “Don’t you get it?” he asks. “Don’t you know I’m trying to build a business here?” And sometimes there’s the variation, “I’m doing this for you.” And of course there are lots of other versions. Do you recognize that scene,... Read More »

Uri Hasson TED on Neuraltraining 2016

This is Your Brain on Stories

by Tim Berry

“The people we are coupled to [meaning talking to, sharing a story with] define who we are.  And our desire to be coupled to another brain is something very basic that starts at a very young age. “ Fascinating research here summarized by neuroscientist Uri Hasson, on how our brains become aligned when we hear the... Read More »

The Second Generation VW Beetle

If Your Idea is Any Good It Will Be Copied

by Tim Berry

Good ideas get copied. Yes, you can read all over the web how to protect your idea. And people are recommending patents, trademarks, copyright, all of which you should do whenever you can. People also recommend contract-like non-disclosure and non-compete agreements too, which is sometimes good advice, sometimes impractical. But eventually all good ideas get... Read More »

A Bad Idea

How Can I Get Startup Funding Without Giving Away Half the Company?

by Tim Berry

I’m surprised how often I get asked the question in the title, or variations of it, from people in startups. And you will hear discussions in which experts recommend ways to get investors who take less equity and demand less control. That seems short-sighted or worse.  I posted here years ago dumb investors is a... Read More »

Diversity

Birds of a Feather Fail Together: the Business Case for Diversity

by Tim Berry

Diversity is good for business. Equal opportunity is not only morally and ethically right, it’s also a better way to run a business. Here are some reasons why, and points to consider. What’s intuitively obvious It’s pretty much accepted wisdom that when people come together in a common business, it’s better for them to have... Read More »

Sample Operating Expenses Budget

Standard Business Plan Financials: Spending Budget

by Tim Berry

As I continue with my standard business plan financials series, I turn now to developing the spending budget. True, nobody likes budgets, but the budgeting function is one of the most important to management to keep cash in the bank; and we all know it. In standard business plan budgeting, you look for realism and credibility,... Read More »

Seth Godin Tribes TED Talk

Understand the New World

by Tim Berry

My Friday video this week in six years old now but still important. This is what is slowly and steadily replacing advertising. Here’s a quote: There is good news around the corner — really good news. I call it the idea of tribes. What tribes are, is a very simple concept that goes back 50,000... Read More »

Bar Chart

Standard Business Plan Financials

by Tim Berry

Why You Need to Know I believe these three things about startup entrepreneurs, business owners and standard business plan financials: The essential need-to-know facts about financials are very important; They are easy enough to learn; and Bankers, accountants, investors and their analysts expect you to know them and use them correctly. And here’s why, quoting... Read More »

Displacement

You Need to Understand the Business Principle of Displacement

by Tim Berry

Imagine a bucket of water full to the brim, on a table, right next to a phone and a computer. Now take a brick and drop it into that bucket. Imagine what happens. Water splashes out, right? And that’s probably bad for that phone and computer next to it. Business Principle of Displacement That simple... Read More »

1972 Tim Berry Mexico City

Headlines: Naked, Vicious, Brutal, and So Forth

by Tim Berry

I was 26 years old. Married, already a father, but still, so young, and so full of illusions. I still thought – although I was starting to wonder – journalism could be about changing the world for the better. And not at all ready to accept the truth as Matt Kenny presented it to me... Read More »