timberry.bplans.comPlanning, Startups, Stories | Bplans
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timberry.bplans.com
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Title:Planning, Startups, Stories | Bplans
Description:Tim Berry on business planning, starting and growing your business, and having a life in the meantime.
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Toggle navigation Starting a business made easy Business Ideas Business Planning Pitching Funding Starting Managing Tools Templates Business Ideas Find a Business Idea Business Inspiration Entrepreneur Quiz: Do You Have What it Takes to Succeed? 26 Businesses You Can Start For Free How to Validate Your Business Idea Free Online Courses For Entrepreneurs 85 Startup Resources You Should Know About Recent Articles How to Come up with Hundreds of Business Ideas Entrepreneur Quiz: Do You Have What It Takes to Succeed? Pause: 15 Quotes on Why You Should Take Breaks, Relax, and Play See more articles in Inspiration » Business Planning Sample Business Plans Business Plan Guide How to Write a Business Plan Free Business Plan Template Industry Reports The Financials Free SBA Course on Writing a Business Plan Tim Berry's Blog Plan-As-You-Go Book Recent Articles What’s the Best Business Proposal Format? How to Write a Business Plan [Updated for 2020] A Standard Business Plan Outline [Updated for 2020] See more articles in Writing a Business Plan » Pitching Elevator Pitch Guide Pitch Presentation Templates How to Pitch and Get Funded What To Include In Your Elevator Pitch How To Deliver Your Elevator Speech Using Your Elevator Pitch To Build Your Business Strategy Pitching For Funding From The Trenches - Real Stories, Real Pitches Recent Articles The 11 Slides You Need to Have in Your Pitch Deck [Updated for 2020] The 7 Key Components of a Perfect Elevator Pitch [With Video] 10 Things I Hated About Your Business Pitch See more articles in Pitching a Business » Funding How to Fund Your Business How to Find Angel Investment How to Secure a Loan Find A Small Business Loan Self-Financing Partnerships Venture Capital and Angel Investors Recent Articles 10 Cash Flow Rules to Live By Cash Flow 101: Building a Cash Flow Statement How to Land a $5m Investment by Getting Product-Market Fit See more articles in Funding a Business » Starting How to Start a Business How to Brand Your Business Startup Guide Franchises Buying and Selling a Business Non Profit Organizations Home-Based Businesses Law and Taxes Recent Articles The 4 Hottest Industries To Start a Business in For 2020 How and Where to Obtain Business Licenses and Permits 13 Tips to Open a Successful Coffee Shop See more articles in Starting a Business » Managing How to Manage a Business Sales & Marketing Success Stories Accounting Metrics Strategy Human Resources Culture Customer Service Operations Recent Articles How to Acquire New Cannabis Customers The Importance of TAM, SAM, and SOM in Your Business Plan How to Build Collaborative Leadership Skills at Your Growing Nonprofit See more articles in Managing a Business » Tools Full Business Toolkit Planning Tools Starting Tools Marketing and Sales Tools Managing Tools Support Tools Business Calculators Business Terms Glossary Write your business plan with the #1 online business planning tool. Start Your Plan Templates Free Business Resources Business Plan Template Lean Plan Template Startup Guide eBook SWOT Template Business Proposal Template Write your business plan with the #1 online business planning tool. Start Your Plan Planning, Startups, Stories Tim Berry on business planning, starting and growing your business, and having a life in the meantime. 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 » Do those summaries, sure. Use those frameworks. But don’t think they replace business planning. by Tim Berry There is some bad advice floating around in the startup world. Useful as the Lean Canvas is, and despite some well-intentioned suggestions of summaries, those are not business plans. They don’t deal with the drivers and components of cash flow. They don’t set milestones, metrics, and tracking. You can’t run a business with them. And... Read More » 10 Prevailing Myths Of Business Ownership by Tim Berry I was asked about common myths of business ownership, that people still believe in 2019. I came up with a list of 10 common myths. Do you agree? That the business idea matters. As if ownership ought to depend on having the big idea. As if people steal ideas, or that’s even possible, much less... Read More » Know Your Industry: Average Margins by Tim Berry Know your industry. In a recent post here, I wrote that the most common stumbling point I see in multiple business plans is absurdly unrealistic profitability. Specifically … Most of the business plans I see project profits too high, or profits too early. In the real world, startups choose growth or profits, not both. The... 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 » 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 » 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 » 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 » Older Articles Newer Articles Content curated by Tim Berry About Me About Me I'm chairman and founder of Palo Alto Software and Bplans.com (this site). Founder or co-founder of several others, ranging from successful to failure and in-between. I have more info at timberry.com . And you can find me on Wikipedia too. Use this link to contact me directly . Things I believe Disclosures My latest book My Latest Book Get what you want from your business Get focused, grow faster, and adjust to change. Every business owner deserves planning. But keep it lean. Click here to order the best business planning book ever. Click here to download the free LivePlan version Add this TB Join Me In Social Media Subscribe Subscribe to my mailing list OK Placeholder Have Presence My...
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