In this episode of The Revenue Cafe Podcast by Breadcrumbs Hot Takes Live, Armando and Gary dive deep into the world of data analytics. They discuss the importance of cohorted breakdowns in understanding data sets, the Pareto Principle, and the art of making data-driven decisions. Discover how focusing on specific cohorts can transform your decision-making process and drive revenue growth. Get ready to unlock the potential of data-driven insights that go beyond averages.
KEY TAKEAWAYS
- Always ask for cohorted breakdowns of key relevant data sets when making important decisions.
- Understand the Pareto Principle: 20% of inputs generate 80% of outputs.
- Trade-offs are essential when parsing through data; prioritize what matters most.
- Data tells a story, but breakdowns tell a better story by pinpointing what truly impacts your objectives.
- Data-driven decisions based on average data yield average results; aim for more.
HIGHLIGHT QUOTES
- "Data-driven decisions based on average data will only get you average results."
- "Focus and sacrifice are key when making operational decisions based on data."
- "Granularity in cohorted views drives operational decisions, emphasizing the importance of focus and sacrifice."
You can find out more about Armando Biondi in the link below:
HOST(s): Armando Biondi, Gary Amaral
GUEST: -
Breadcrumbs Podcast
