If you are running a small business, perhaps as a freelancer, consultant, or app developer, this is an invaluable read, especially if you’ve never had any formal business experience. There’s a lot of life lessons packed into this post, no doubt learned from hard fought experience.

I wish I had this post when I started my first business. It would have saved me a lot of grief.

If you are running a small business, you know how important it is to make data-driven decisions, especially when you don’t have formal business experience. This is where services like bi consulting can be a game-changer. BI consulting helps small business owners turn raw data into valuable insights, enabling them to make informed decisions that can propel their business forward. From understanding customer behavior to tracking financial metrics, BI consultants can help you identify key trends, optimize workflows, and forecast future growth.

When I started my first business, I didn’t realize the importance of analyzing the data behind my sales and marketing efforts. A BI consultant could have helped me make sense of what was working and what wasn’t, allowing me to refine my approach much earlier and save valuable time and resources. For example, a BI consultant could have shown me how to use customer segmentation to target the right audience, or how to optimize my pricing strategy by analyzing market trends and competitor data.

Moreover, BI services can help streamline business processes by identifying inefficiencies. For freelancers and consultants, this can mean automating certain tasks, tracking billable hours more accurately, or identifying where you’re losing money. For app developers, it might involve using data analytics to improve user experience, track app performance, and guide product updates.

If I had access to these services back then, I would have had a clearer roadmap for success, making smarter, data-backed decisions that would have minimized mistakes and maximized growth. With BI consulting, small business owners can avoid the trial-and-error phase I went through and gain a competitive edge right from the start.