How to start your own data analytics startup

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After a while as a data analyst you may decide that you want to start your own analytics consultancy or agency.

This is different to becoming a freelancer, it's doing something that you can grow and hire others who can help you scale.

Based on my experience of creating an analytics team within a larger agency and having also started 2 analytics consultancy start-ups, I share on this video what I think are key to making it a success.

Here is the link to the lunchclub website

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If you have any questions please do put them in the comments below and I will answer them in the comments or may create a video to answer your question.

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The views, opinions and position in this video (and other videos on my YouTube channel) are my own and no way reflect the views, opinions or position of any company I have worked for, or worked with, in the past or currently.

[bc]

I just discovered your channel this week, and I have to say you are extremely underrated and due to go big! Your content is so rich, but distilled, and your delivery is lovely.

[kylebecker]

Very underrated channel. Thanks for the great advice.

[alno]

Excellent video! Thanks for sharing your experience

[terryliu]

Spot on. Marketing and sales is one of the biggest challenges facing technically strong entrepreneurs in the data and analytics domain.

[imlaqahmad]

Thanks for the great knowledge, and guidance.

[Bones]

I'm still going through the IBM courses and really excited to do something like this. I know it will take time but, it's still interesting to me to start this type of business.

[seededsoul]

Excellent coherent video on this topic.

[goodbook]

I like your videos and I like that you respond to questions in the comments that many viewers would to read an answer to.
One of the things that I am not good at is building a network to get a job in data analytics. I would love of my linkedin page is enough. Thank you for your efforts.

[Ozgipsy]

Mate, the UK would be a wonderful market as a data analyst.

[saeedrahman]

if we can see a sample in which you have delivered a service to client, like how you find client and how you provide service, it would be really great if we can focus on the services which they want most.

If we get something like that it would be really helpful.
❤

[tweetydx]

Thank you for your video it's really helpful .
I have question, if want to analyze data for client. Should go to their main database and look for the tables i need and linked them and do the analysis. Or as example for SAP i just can use tcode to extract the data to an excel sheet or to access db and do the analysis. Because sometime the client want the dashboard is automated with the database which difficult to get the access from IT team. What is the common request from clients?

[nabilakabar]

Great Advice and thank you for placing the indicators for how we should put the ground work in.

Just a quick question sir, how do we market ourselves with 2 years of experience under our belt?

[munjikahalah]

So here's my question: Why would a company hire a data consultant? How would we market the problem if each company has own wants and needs?

[ztjfvfb]

Hey, you mentioned being able to do 80% of the job yourself. In the event one may not have done a lot of the initial steps, e.g. ingestion, ETL, cloud tools etc, how would you suggest learning and/or practicing these skills?

[fishregulator]

with data security being an issue, is it safe to put their company's data on my laptop and use it on open source/free data analytics tools? (like Microsoft azure and Tableau)

[Cowwy]

Thank you for this wonderful information.
I have thoughts about starting a data agency and you provided a lot of great information for me to ponder.

One question that I want to know is. How are pricing determined?

[Diminishstudioz]

Dear Bhaia, how do an analyst or a Data Scientist delivers a project ? Does that come only in forms of jupyter notebooks or Power BI / Tableau files ? Your response will help a lot. Thank you.

[TheSejonger]

I've been doing end-to-end data analytics for around 6 years working as an analytics consultant and statistician, would love to create a company, but as you said, networking and building clients, no clue!
I'm more interested in streamlining processes utilizing python, command line utilities, and batch. Wondering if a market exists for revamping reporting for companies that use wildly inefficient processes.

[pulkitsachdeva]

I want to ask question on your 1st point do you think somebody who doesn’t know the 80% or lets say he know less than 50% of the work he is doing can’t run a successful agency if what could be the possible challenges they will face ??

[srimanthreddy.s]

Hi DR,
I am from India . I have just completed my graduation . Planning to a start-up of Data Analysis co.
Here I have a question that from where can we find the client those are seeking for the Analysis services ...

Also I am start-up what is you r suggestions how we can start our operations from the start of company to complete of the client service ...