Episode 65 Leveraging Data Analytics to Drive Business Growth
APR 12, 202617 MIN
Episode 65 Leveraging Data Analytics to Drive Business Growth
APR 12, 202617 MIN
Description
One of the first things a venture capitalist wants to know when they look at your startup is simple: do you understand your customer? Not just who they are on paper, but how they actually behave. What do they buy? When do they leave? What keeps them coming back? This is where data analysis becomes one of your most important assets as a founder.When you collect and study data about your customers — things like how long they spend on your website, which features they use most, what time of day they make purchases, and how often they return — you build a picture that goes far beyond guesswork. You start to see patterns. You start to understand what your customer actually values versus what you assumed they valued. And that gap between assumption and reality is where a lot of startups quietly fail.