Thank you for sharing, Timo. This is so crisp, clear, and relatable - for anyone who is venturing into the world of data consulting. The explore and refine process is the one which I feel would help one to specialize and creates his own niche over time.
Thank you for sharing your process. I've recently finished a masters in big data management and analytics, with ~10 years of professional experience in project management and emergency response before hand. My struggle is feeling like I don't REALLY have skills that someone would want to pay for as a consultant. I also think I'm lacking the network as I haven't worked professionally in data science before trying to be a consultant... I like the idea of knowing my secret weapon. It aligns well with everything I know about personal branding. Just the "how" of finding out what the secret weapon is is fantastic!
It is always a good option, to freelance for a consultancy first or work full time for 1-2 years. It definitely helps to learn the typical consultancy things (acquiring clients, contracts,..)
Totally depends on your market. I started with 800 EUR as the daily rate and finally did projects with 1600 EUR as the daily rate. You need to test this out
Thank you for sharing and explaining your process. What advise would you give for a person who just graduated in Data Science And AI and is planning to open a data consultant company?, while i don't really have industry experience.
Tough one - it definitely helps if you have done practical work before. I won't say it is impossible. One take would be to go really deep on a specific topic, produce content around it and then target clients who have this problem.
Do most of your data projects have some sort of data dashboard output? How have you solved automating data ingestion / updating on a dashboard? Is that something you do manually or need to have setup ahead of time or are you expected to use the companies internal tools like Tableau, rshiny etc
Depends. I would say today, 85% have dashboards because I include them to make the value more visible. In the past, I often avoided them. I always work with automated and orchestrated pipelines. I usually use Keboola for it.
Concerning tools - it always depends on the project. Usually from a long list of data tools. First clients - Network. I told friends about my new services and asked them to look out for potential clients. By that, I got my first two projects.
I basically did everything as a first project. This was helpful to also get an idea of how these different projects work, which ones are more risky, and which I like to do. I will keep this experimentation until today.
@@timodechau I already do some consulting, but I have trouble finding the types of clients that will generate enough value through analytics for them to pay what I'd like. Currently I offer building a simple but complete data infrastructure ELT with data pipelines, a data warehouse, dbt and any BI tool. What would you recommend me to reach more companies that could benefit from that? I'm in Mexico by the way, but I could sell remotely in the US or Europe if need be.
Thank you for sharing, Timo. This is so crisp, clear, and relatable - for anyone who is venturing into the world of data consulting. The explore and refine process is the one which I feel would help one to specialize and creates his own niche over time.
Excellent. Great that it helped a little bit.
Thank you for sharing your process. I've recently finished a masters in big data management and analytics, with ~10 years of professional experience in project management and emergency response before hand. My struggle is feeling like I don't REALLY have skills that someone would want to pay for as a consultant. I also think I'm lacking the network as I haven't worked professionally in data science before trying to be a consultant...
I like the idea of knowing my secret weapon. It aligns well with everything I know about personal branding. Just the "how" of finding out what the secret weapon is is fantastic!
It is always a good option, to freelance for a consultancy first or work full time for 1-2 years. It definitely helps to learn the typical consultancy things (acquiring clients, contracts,..)
Fantastic breakdown, thank you!
Great. Thanks for your feedback.
Awsome class, thank you for sharing it!
that's really interesting. so how much does an data consultancy agency or an consultant charge for their client?
Totally depends on your market. I started with 800 EUR as the daily rate and finally did projects with 1600 EUR as the daily rate. You need to test this out
@@timodechau Wow! Thanks for your openness and transparency with your knowledge!
Thank you for sharing and explaining your process. What advise would you give for a person who just graduated in Data Science And AI and is planning to open a data consultant company?, while i don't really have industry experience.
Tough one - it definitely helps if you have done practical work before. I won't say it is impossible. One take would be to go really deep on a specific topic, produce content around it and then target clients who have this problem.
Do most of your data projects have some sort of data dashboard output? How have you solved automating data ingestion / updating on a dashboard? Is that something you do manually or need to have setup ahead of time or are you expected to use the companies internal tools like Tableau, rshiny etc
Depends. I would say today, 85% have dashboards because I include them to make the value more visible. In the past, I often avoided them. I always work with automated and orchestrated pipelines. I usually use Keboola for it.
What tools did you use as you provided data consultancy or management service? How did you get your first customers? Thank you for the video
Concerning tools - it always depends on the project. Usually from a long list of data tools.
First clients - Network. I told friends about my new services and asked them to look out for potential clients. By that, I got my first two projects.
Hello! Thanks for sharing. What were the main services you offered to get your first clients? Is there a specific niche you would recommend?
I basically did everything as a first project. This was helpful to also get an idea of how these different projects work, which ones are more risky, and which I like to do. I will keep this experimentation until today.
@@timodechau I already do some consulting, but I have trouble finding the types of clients that will generate enough value through analytics for them to pay what I'd like. Currently I offer building a simple but complete data infrastructure ELT with data pipelines, a data warehouse, dbt and any BI tool.
What would you recommend me to reach more companies that could benefit from that? I'm in Mexico by the way, but I could sell remotely in the US or Europe if need be.