5 Secrets of Creating a Great Business Team

by Tim Berry

My favorite five secrets of a great business team? This list came to me first as an answer to the question how do you build a great business team on Quora.  These five points aren’t something from the business school curriculum. They come from the experience of actually doing it, recruiting a team and growing... Read More »

Business Plan Events and Why They Matter

by Tim Berry

(Note: I posted this earlier this week on the SBA Industry Word blog. It’s reposted here for your convenience.) What do you think of when you hear the phrase “business plan?” Does that bring to mind a formal document that starts with a summary and includes modules describing your business’s products, market, strategy, team, and... Read More »

Top 10 Pitch Fails

by Tim Berry

I was asked recently for a list of things that annoy me in angel investment pitches from startups. I’ve done this before, so there will be some duplication here. But here is my top 10 pitch fails list.  Profits. Talk of profits, overestimated profits, the failure to understand that investors make money on growth, not... Read More »

Infographic Online Marketing 2018

Infographic: Online Marketing 2018

by Tim Berry

How to find customers generate leads and close sales in 2018. Read More »

20 Reasons to Write a Business Plan

by Tim Berry

A list of 20 good reasons for business planning in all businesses, not just startups. Strategy, tactics, cash flow, and lots more Read More »

steps

What Are the Normal Steps for Angel Investment?

by Tim Berry

Question: What are the normal steps for angel investment? What’s involved in submitting a business plan? I decided to answer this question here because I see it so often in email and in question and answer sites on the web, especially Quora, which is where I first saw it and answered it. Yes you do... Read More »

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 »

Infographic: 12 Visual Principles For Everyday Design

by Tim Berry

Design is essential and affects so much of our work. But design is also expensive. And the tech world, social media, the web, and business are full of designs we do ourselves. Profile pages, presentations, for example. Turning to designers is a luxury that takes time and money. And I care about quality too, so this... Read More »

10 Most Common High Tech Business Plan Fails

by Tim Berry

I was asked about high-tech business plan fails on Quora recently. So this isn’t about lean plans for all business owners, but just the business plans submitted for angel investment and business plan competitions. I read about 100 of those business plans per year. So here’s my list of high-tech business plan fails: Naive profits. Drives... Read More »