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Use Data To Create New Revenue For Your Business
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📢 In this episode, we explore the three ways to grow your business:
1️⃣ Doing more of what works
2️⃣ Doing it better
3️⃣ Adding something new
Learn how to spot market signals, leverage customer insights, and use historical data to uncover new revenue streams with confidence. Don’t just rely on gut instinct—back your decisions with structured analysis!
00:00 - Introduction: Three Ways to Grow Your Business
00:06 - More vs. Better vs. New
00:26 - Early-Stage Business Growth Strategies
00:49 - The Entrepreneurial Dilemma: The Search for ‘New’
01:11 - How to Identify New Revenue Streams
01:41 - Why Some Businesses Fail at Expansion
02:23 - Gut Instinct vs. Data-Driven Decision Making
03:01 - Market Signals & Customer Insights for New Opportunities
04:03 - Using Competitor Research & Industry Trends
05:21 - Analyzing Historical Data to Validate New Ideas
06:36 - How to Model Revenue Potential Before Scaling
07:13 - Testing & Validating New Revenue Streams
08:27 - Final Thoughts: Is ‘New’ Always the Right Move?
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