Why analyzing DATA is important 💯#shorts
22 Jun 2023

A founder explains why tracking data matters for running a business. He moved from startup mode to actually measuring finances, time, and profitability to see what's working and what isn't.

A founder explains why tracking data matters for running a business. He moved from startup mode to actually measuring finances, time, and profitability to see what's working and what isn't.
The difference between kind of your different layers of being an entrepreneur is realizing that you go from being a startup founder who starts a business and it's like the building block effect versus someone who owns a business and the person who owns the business and when you get to the stage where you're focusing on the business is focusing on the data data first and if you don't have the right systems in place to give you the data then you need to start. Myself and my ops director have been far more focused on what the data tells us. That's from everything from your finances, your time tracking capacity or profitability per account, your expenses just really looking at every single piece of the business from an analytics standpoint each week you have a snapshot of everything and how it's operating and get clear feedback on what needs fine tuning or tweaking. I'd say that's probably be the most important thing in terms of the change in attitude that's helped us operate better as a business as all.