Video: 50 Entrepreneurs’ Advice in 18 Minutes

by Tim Berry

For a Friday video today, hard to resist. This is an edited collection of snippets of advice from 50 entrepreneurs. I’m not big on following recipes, but these are so quick and pithy they can serve well as food for thought instead. This one if from blockshelf.com. 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 »

this means you

Don’t Just Dream Your Startup. Do the Work.

by Tim Berry

I’ve seen this in surveys several times: Americans dream of owning their own business. We’re a culture of startups. But don’t just dream your startup. Do it. Make it happen. Just because you love it doesn’t make it easy I really like this from Pam Slim, author of Body of Work, in Who says following your... Read More »

True Story: Startup Addict, Chronic Failure

by Tim Berry

I believe that developing your own business is ultimately a matter of doing the work, getting the store open, returning the phone calls. And I fear that too often people fall into the myth and mystique of the startup and end up doing just the opposite. They are always waiting, never working. This is the story of a... Read More »

Beware of the Myth of Persistence

by Tim Berry

I worry a lot about the myth of persistence. Persistence won’t necessarily make your business successful unless a lot of other things are also right. And persistence alone can turn failure into disaster. But still, people who should know better—people who succeeded—still talk about it all the time. There’s a logical trick to it. Almost everybody... Read More »

What Business to Start? Look in the Mirror. Depends on You.

by Tim Berry

I’ve always said that what business is right for you depends not on the market, or what’s hot, but on who you are. So look in the mirror. I get a steady flow of questions about what business to start, and I see them almost every day on Quora.com, my favorite question-answer platform. With this... Read More »

10 Good Reasons Not to Seek Investors For Your Startup

by Tim Berry

Sure, maybe you need the money. Maybe that’s what your business plan says. But seriously: Do you really want to have investors involved in your dream startup? I’ve said it before: bootstrapping is underrated. I get frequent emails from people asking how they can get investment for their new startup, and I’ve admitted to being... Read More »

Business Planning for the ‘Lean Startup’

by Tim Berry

Nothing related to startups should be carved in stone. Best practices can be useful but are best taken as suggestions, not rules. So I’m troubled to see some of the “lean startup” advocates get into the codification business. I very much respect lean startup thought leaders Eric Ries and Steve Blank and the methodology they popularized at the end... Read More »

Friday Video: Kauffman Center on Myths of Entrepreneurship

by Tim Berry

Several things that many people take for granted about entrepreneurship aren’t really true, according to this three-minute video offered by the Kauffman Center for Entrepreneurship. It starts with a reminder that it isn’t small business that drives the US economy’s growth of jobs, but rather new business. Startups. And my personal favorite, around 1:40, the... Read More »

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 »