You Only Need 3 Weeks

ByKara Ohngren Prior

Opinions expressed by Entrepreneur contributors are their own.

tim-berry.jpgLaunching a business in only three weeks may seem a little crazy. If that's the case, Tim Berry is very, very crazy. At today'sGrowth 2.0 Conferencein Miami Beach, Berry presented his case that budding entrepreneurs don't need years to start a business.

他仔细地列出每项任务必须accomplished during the vital three-week period.

Week One:

  • Create your main idea and define success.
  • Talk to co-founders.
  • Get it in writing.
  • Name your business.
  • Create an initial sales forecast.
  • Create an initial expense budget.
  • Estimate starting costs.
  • Make the first sale.
Week Two:

  • Define your marketing strategy.
  • Create your look and feel.
  • Get a presence on the web.
  • Create a merchant account.
  • Set up insurance.
  • Create an initial expense budget.
  • Recruit potential employees.
Week Three:

  • Find a location.
  • Set up bookkeeping.
  • Make it legal.
  • Initial hiring.
  • Settle the financing.
  • Make the sale.
Beyond Three Weeks:

  • Make the sale.
  • Pay your taxes.
  • Focus on customer service.
  • Marketing.
  • Create employer policies, systems.
Berry also presented his own list of theTop 10 Startup Mistakes:

  1. Unrealistic Forecasts
  2. Incomplete Teams
  3. Misunderstanding Equity
  4. Investment or Bust
  5. Ideas Do Not Equal Opportunities
  6. Trying to do Everything
  7. Pricing too Low
  8. Failing to Plan
  9. Not Enough Cash
  10. No Real Need in the Marketplace

Tim Berry, president of Palo Alto Software Inc., started creating his own software for business planning and forecasting to bridge what he calls "the know-how gap" that exists between what personal computers can potentially do for businesspeople and what they are actually doing.

The author of several books,The Plan-As-You-Go Business Plan, and his most recent3 Weeks to Startup, are published byEntrepreneur Press. Also, checkout Berry's blogs:http//timberry.bplans.comandhttp://upandrunning.entrepreneur.com.
Wavy Line

Kara Ohngren is a freelance writer and part-time editor atYoungEntrepreneur. Her work has appeared in publications including狗万官方Magazine,The New York Times,MSNBC,The Huffington Postand业务Insider.

Editor's Pick

Related Topics

Business News

Kristen Bell and Dax Shepard's Family 'Stranded' at Boston Airport During 9-Hour Delay: 'We Made Quite a Home Here'

The actors spent $600 on pillows and blankets while waiting for their flight.

领导

There Are 2 Types of Entrepreneurs — And This Is the One You Want to Be. Here's Why.

By honing a few strategic leadership abilities, you'll be able to reach new levels — ensuring that your business is running smoothly and ready for whatever comes next.

Innovation

How Tragedy Can Ignite a Passion for Healing — 7 Steps For Those Dealing With Grief

My journey with business success, personal loss, grief and a Fellowship at Harvard

Marketing

How ChatGPT Is Changing Digital Marketing (for Better or Worse)

The current state-of-play strengths, weaknesses and potential of this breakthrough tech, and why owners and other execs should be aware of its capability gaps.

Starting a Business

10 Ways to Create a Startup Dream Team

Get tips on how to form an effective founding startup team, focusing on hiring the right culture fits, creating a flexible structure and fostering a feedback-rich environment.