Startup Founder Compatibility is Vital

By Tim Berry

Please don’t ever estimate the importance of startup founder compatibility. It’s vital. And it may not be what you think. The relationship among founders of a healthy business is like a marriage. Compatible goals, thinking, values, and decision-making styles is really important. Even if a well-run and successful business, there will be a lot of... Read More »

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 »

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 »

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 »

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 »

Q&A: How to Be An Entrepreneur

By Tim Berry

Question: How to be an entrepreneur? My Answer: First, if you have the option and haven’t already, get a good education. Focus on whatever interests you, not necessarily business. Entrepreneurs without formal education are at a huge disadvantage. But there’s no clear difference between a good degree in business and a good degree in any... Read More »

Nat Eliason Struggle Porn

You Have to Know When to Quit

By Tim Berry

I recommend you read Nat Eliason‘s piece No More Struggle Porn. He’s attacking one of the more pervasive startup myths around, the idea that the struggle itself, the overwhelming and overpowering struggle that pushes everything else out of your life, is a good thing. He defines struggle porn as: I call this “struggle porn”: a... Read More »

Pervasive Startup Myth: Don’t Work for Free

By Tim Berry

Startup myth: The one about founders having to work for free to impress angel investors. This supposedly shows passion. Don’t believe it. Investors want people committed to working their startups, and that usually takes getting them paid. I’ve been getting a lot of upvotes on my answer to this question in Quora: How do entrepreneurs... Read More »