Burn Rate & Beyond

Episode 7: Data Driven Decision Making


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In this episode, we explore how data-driven decision-making can elevate business performance by replacing guesswork with clear, measurable insights. From understanding the role of KPIs (Key Performance Indicators) to ensuring data quality and leveraging automation, this conversation offers a practical framework for making smarter, more informed choices.

We discuss the importance of establishing relevant KPIs across departments—finance, sales, marketing, customer service—and how regular review cadences (daily, weekly, monthly) help businesses stay agile and accountable. The episode also breaks down how even small businesses can benefit by starting with basic financial metrics and gradually expanding their analytics toolkit.

Featuring actionable steps and real-world examples, this 25-minute session is a must-listen for business owners and team leaders looking to harness the power of data for sustainable growth.

Topics Covered:

-Why data is more reliable than intuition

-How to choose and use KPIs effectively

-The importance of data quality and automation

-Setting review cadences for different metrics

-Balancing financial and non-financial KPIs

-Tune in to learn how to turn numbers into action.

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Burn Rate & BeyondBy Chad Folse