Why Startup Entrepreneurs Need to Take Data Seriously In 2020

Using business intelligence data gives you a leg up on the competition. December 2, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Startup entrepreneurs face a world of opportunities. But they also face a large swath of challenges and a heavy amount of competition. It’s no surprise that data from Statistic Brain shows more than 50 percent of startups in the United States don’t last longer than four years. While there are many issues that can make or break the success of a startup, one area that is becomingly increasingly important for companies of all sizes is business intelligence. Today’s startup founders have access to a wide range of tools that offer historical and predictive data analyses to spur better decision making. Related: Good Decision Making Requires Good Data The problem, of course, is whether startup founders are willing to take advantage of these available resources. In reality, […]
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