DiscoverFounders Hub Berlin#15 Ben Feifke: The Ultimate Guide to Building a Data CONSULTANCY
#15 Ben Feifke: The Ultimate Guide to Building a Data CONSULTANCY

#15 Ben Feifke: The Ultimate Guide to Building a Data CONSULTANCY

Update: 2024-12-21
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Summary


In this conversation, Ben shares his journey from working in data science to becoming an entrepreneur and consultant. He discusses the importance of content creation, finding clients, and the challenges of pricing services. Ben emphasizes the value of analytics over data science in consulting and shares insights on automating his consultancy. He also reflects on personal experiences and the role of content in building trust and authority in the industry. In this conversation, Ben and Serop discuss the intricacies of transitioning from freelancing to agency work, emphasizing the importance of client relationships, offboarding strategies, and legal considerations. They share personal experiences regarding the risks of freelancing, the journey of entrepreneurship, and reflections on career choices. The dialogue highlights the challenges and rewards of building a business, navigating contracts, and the emotional aspects of making significant career decisions.




Chapters


00:00 Coming Up00:32 Introduction to Ben's Journey in Data Science


02:53 Building a Consultancy: The Transition to Freelancing


06:02 Finding Clients: The Role of Upwork and Networking


08:49 Narrowing Focus: The Shift from Data Science to Analytics


12:07 The Value of Analytics: Meeting Client Needs


14:50 Pricing Strategies: Navigating Client Budgets


18:07 MLOps and Infrastructure: A New Service Offering


20:50 Content Creation: Building Trust and Authority


23:44 Beyond Content: Discovering Personalities


24:43 Navigating Client Relationships and Maintenance


27:21 Transitioning from Employment to Entrepreneurship


30:32 Understanding Contracts and Legalities


33:47 The Journey of Freelancing and Agency Building


37:27 Finding Focus in a Diverse Skill Set


40:13 The Leap into Entrepreneurship


44:12 Reflections on Career Transitions


Takeaways


Customers want results, not attempts.


Freelancing can lead to long-term client relationships.


Analytics is a valuable service for small businesses.


Finding clients often starts with platforms like Upwork.


Narrowing focus can lead to better service offerings.


Pricing strategies are crucial for client acquisition.


MLOps is a growing field with high demand.


Content creation builds trust and authority.


Diversification of services can be beneficial but focus is key.


Networking and community engagement can lead to opportunities. Meeting people beyond their content reveals deeper personalities.


Handling maintenance for clients requires clear communication and documentation.


Transitioning from employment to entrepreneurship can be daunting yet rewarding.


Understanding contracts is crucial for freelancers to protect themselves.


Building an agency involves navigating various client relationships and expectations.


Finding focus in a diverse skill set is a common challenge for entrepreneurs.


The leap into entrepreneurship often comes from unexpected circumstances.


Reflections on career transitions can provide valuable insights for others.


Freelancing offers flexibility but also requires careful management of client expectations.


The journey of entrepreneurship is filled with ups and downs, requiring resilience.




Contacts:


linkedin.com/in/serop-baghdadlianlinkedin.com/in/benjamin-feifke



#DataTales #DataScience #EntrepreneurshipJourney #FreelancingTips #DataConsultancy

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#15 Ben Feifke: The Ultimate Guide to Building a Data CONSULTANCY

#15 Ben Feifke: The Ultimate Guide to Building a Data CONSULTANCY

Serop Baghdadlian