The 5 Step Scientific Method for Startups
Remember science fairs? The excitement that comes from standing in front of a tri-fold board and explaining the meaning of words you don’t even know to strangers who walk by is…exhilarating, right?
Having a “method” to the madness that is the startup/my life has become an important task. That doesn’t mean I shy away from crazy and irrational decisions – but it DOES mean I very often (but not always) analyze the data prior to making a choice (side note – be open to always collecting new data points!).
Indecisiveness is futile- but making impactful and important decisions can be difficult. I know. Trust me. We are often forced to make decisions without complete information. Any mathematician (like myself) loves to make decisions based on formulas, data, and concrete assumptions.
It’s time consuming to setup. It’s expensive to get started. And nobody really wants to do it. But the perils of not spending the time and money on a CRM (Customer relationship management) system can be more devastating than the initial pain.
Data. Big data. Analytics.