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 »

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 »

women in business infographic

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 »

46 facts on entrepreneurship

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 »

Venn Diagram Entrepreneurship and Meaning

The Natural Intersection of Entrepreneurship and Meaning

by Tim Berry

Thanks for Why should you build your business around happiness? over at 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... Read More »

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 »