education and business

Advice to Young People Looking to be Entrepreneurs

by Tim Berry

How does a young person work towards a career in entrepreneurship? I was asked this question on Quora. Here’s my answer. It’s a marathon, not a sprint. Make sure you focus on your education while you’re young; don’t think success is supposed to happen immediately. School is the best way to build options later on.... Read More »

idea man bragging

10 Tips on How to Protect a Software Idea

by Tim Berry

How to protect a software idea? I recently answered a related Quora question on this one. I took parts of this post from a previous post on how to protect an idea while building a business, but this one focuses more on software, specifically. That’s where I’ve spent most of my career, and still my... Read More »

list of resources for women startups

Listing Resources for Women Entrepreneurs

by Tim Berry

My thanks to digital.com for this useful list of resources for women entrepreneurs and women business owners. The list includes sources for grants, loans, and investments; plus business and business plan competitions; and training and additional resources. Read More »

Pot of Gold

5 Most Important Illusions About Startups

by Tim Berry

Q: What some illusions about start-ups? A: here’s my list of the five most important illusions about startups The illusion of the idea. Few businesses have truly new ideas. Apple didn’t; Facebook didn’t; Google didn’t. They took an existing idea and did it better, or differently. Quite often the second or third entrant into a... Read More »

Good Business Priorities

CEOs Change the Deeper Meaning of the Ultimate Bottom Line

by Tim Berry

As I read this morning about the Business Roundtable changing this fundamental principle, I was really glad to see it. It’s about time. Several hundred influential CEOs got together and agreed to revise priorities. The next quarter’s profits — which maximizes short-term share price — are no longer the supreme goal and top priority. Here’s... Read More »

Infographic: 7 “Crazy” Startup Ideas That Worked

by Tim Berry

I believe many people put way too much stock in the startup idea. Doing the business, doing the work, getting things done, and execution are all more important. Obviously a bad idea can make a business unsuccessful, but a good idea is no guarantee. And very few successful businesses are based on being the first... Read More »

Steps to Entrepreneur

What Do I Need to Do to Become an Entrepreneur

by Tim Berry

Q: What do I need to do to become an entrepreneur? Being an entrepreneur is simply somebody who has launched a business. It’s not a set of traits or qualities, a state of being, or an attribute. It’s not a degree or certificate. It’s not an expertise. It’s did you start a business, or not?... Read More »

starting a business

3 Critical Questions to Ask Yourself Before Starting a Business

by Tim Berry

Are you contemplating starting a business? Here are my suggestions for three quick questions you should ask yourself first: Read More »

business plan and accountability

Three Business Plan Critical Factors

by Tim Berry

What matters most for a business plan? When somebody asked on Quora what are the critical factors of a business plan, I came up with these three business plan critical factors: Effectiveness. Does it achieve its business goal? Form follows function; does it achieve its business goal? Measure a business plan by its results, and... Read More »

10 Good Reasons Not to Seek Investors For Your Startup

by Tim Berry

Before you buy into the myths about startup investors, first consider whether you actually want startup investors for your new business at all. No, I’m not bitter … I had VC money in Palo Alto Software for a few years and they were helpful, collaborative, and good people. I’m not a bitter victim.  And I’ve... Read More »