How I would start as a Data Consultant - if I could press Restart

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  • čas přidán 21. 10. 2022
  • I have been working as a data consultant for over eight years now.
    I started primarily because of the promising freedom to do what I love. To pick the projects that are challenging but very insightful and help companies to create better products and services with data (and grow them).
    Of course, the reality looked a bit different - or, to be fair, a lot different.
    It took me these eight years to figure out how to find a good setup for me to do consulting: getting started :: doing opportunistic consulting :: ending up with a niche that I like and offering service packages.
    This video shows you how I would approach my consulting setup if I hit the restart button.
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Komentáře • 14

  • @pankajsaikia100
    @pankajsaikia100 Před 4 měsíci +1

    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.

    • @timodechau
      @timodechau  Před 4 měsíci

      Excellent. Great that it helped a little bit.

  • @Asuram23
    @Asuram23 Před rokem +2

    Fantastic breakdown, thank you!

  • @abroniewski
    @abroniewski Před 8 měsíci +2

    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!

    • @timodechau
      @timodechau  Před 6 měsíci

      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,..)

  • @ThatGuy_Nick
    @ThatGuy_Nick Před 2 měsíci

    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

    • @timodechau
      @timodechau  Před měsícem

      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.

  • @abackhoff
    @abackhoff Před 7 dny

    Hello! Thanks for sharing. What were the main services you offered to get your first clients? Is there a specific niche you would recommend?

    • @timodechau
      @timodechau  Před 3 dny +1

      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.

    • @abackhoff
      @abackhoff Před 3 dny

      @@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.

  • @abiram634
    @abiram634 Před rokem +3

    that's really interesting. so how much does an data consultancy agency or an consultant charge for their client?

    • @timodechau
      @timodechau  Před rokem +6

      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

    • @abroniewski
      @abroniewski Před 8 měsíci +1

      @@timodechau Wow! Thanks for your openness and transparency with your knowledge!