7 Things Wanna-be Entrepreneurs Need to Know
By Tim Berry
What do entrepreneurs need to know as they get started? Of course there’s need to know, absolutely; and there’s ought to know. I was asked to come up with a list, and here is my best guess. Know the difference between cash and profits. You Think in Profits, but You Live on Cash. Things like sales... Read More »
Good Data Debunking Popular Startup Myths
By Tim Berry
Contrary to popular startup myths and misunderstanding, tech founders aren’t mainly younger than 30. They are generally well educated, not dropouts. They tend to start up where they are, instead of moving to Silicon Valley or other tech hubs. Here’s a summary of data published by the Kauffman Foundation: We observed that, like immigrant tech founders, U.S.-born... Read More »
Understanding Uncertainty is Vital to an Entrepreneur
By Tim Berry
Pop quiz: what relationship factor is the single most common trait in the successful entrepreneur? My answer: understanding uncertainty. Living with uncertainty Why? First let me say that I’m not sure. Second, that I might change my mind tomorrow. (Irony intended.) Third, that I know there are seemingly endless lists of traits of the entrepreneur, and... Read More »
Do You Believe the Legendary Startup Failure Statistics. I Don’t.
By Tim Berry
This recent piece on startup failure statistics caught me eye on Twitter first, and I followed the links to discover Startups: Conventional Wisdom Says 90% Fail. Data Says Otherwise. | Fortune.com. Here’s a direct quote from author Erin Griffith: “I recently found myself carelessly repeating a statistic that I’d heard dozens of times in private conversations... 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 »
Infographic: Women in Business
By Tim Berry
Thanks to Balboa Capital for this infographic today with a summary of statistics on women-owned businesses. This all looks like good information to me. With limits. For example, I chronically question the research on factors considered important because I think these surveys are politically motivated and set up to serve political agendas. So in this... Read More »
Infographic: 46 Facts on Entrepreneurship
By Tim Berry
I want to share this infographic today because it has a lot of good information. I like some of the surprises in some of the numbers. The credit is down at the bottom. I don’t think every detail here is true (I don’t believe startup failure statistics demystify business failure statistics) I do think the research... Read More »
The Natural Intersection of Entrepreneurship and Meaning
By Tim Berry
Thanks to typeform.com for the fascinating image featured here about the intersection of entrepreneurship and meaning. It comes from an interview with Laurence McCahill of The Happy Startup School. Normal people care about meaning This matches my belief that making meaning or changing the world or having a reason why matters to people. And it matters... Read More »
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