How To Build A Data-Driven Business (with Cedric Chin) | Ep. 28

"If you're asking for swimming advice, you don't go and talk to someone who has never swum before. You go talk to an Olympic swimmer."Join Johnny (@johnnypage13) and Matt (@mattverlaque) as they sit down with Cedric Chin, the genius behind Commoncog.com - an industry leading blog that helps founders accelerate business expertise.in this episode, Cedrics breaks down the concept of believability and its importance in decision-making, as well as the process of becoming data-driven in business. He also shares his insights on scaling businesses, working with data, and operations. After this episode you should improve your intuitive decision-making and learn how to truly embrace the data-driven decision-making in business.00:00 The Importance of Believability in Decision-Making06:32 Becoming Data-Driven: Understanding Routine and Exceptional Variation13:37 The Amazon Method: Statistical Process Control and WBR23:43 Building an Appreciation for Data-Driven Decision-Making28:33 Accelerating Revenue Growth and Pursuing Business Outcomes29:29 The Transition to Data-Driven Decision-Making32:22 The Process Control Worldview33:20 Debating Summary Metrics in Business57:31 The Role of Data Tools in Operational Excellence59:29 The Causal Model of Business Metrics01:01:55 The Importance of Knowledge in Business01:20:00 Understanding the Growth Loop and Iterative ImprovementCheck out Cedric on:➤ Commoncog: https://commoncog.com/➤ Twitter: https://x.com/ejames_c➤ LinkedIn: https://www.linkedin.com/in/cedchin/👉🏻 Want a 3-step action plan to help scale your SaaS? [Book a FREE growth session](https://www.saasacademy.com/scalenow?....Check out SaaS Academy on:➤ [YouTube]( / @saasacademy ) | [Instagram]( / saasacademy ) | [LinkedIn]( / saasacademy ) | [Twitter / X](https://x.com/saasacademy) | [Facebook]( / saasacademy ) | [Website](https://www.saasacademy.com/) | [Apple](https://podcasts.apple.com/ph/podcast...) | [Spotify](https://open.spotify.com/show/05gCHHh...)➤ Follow Matt Verlaque on: [Instagram]( / mattverlaque ) | [LinkedIn]( / matt-verlaque )➤ Follow Johnny Page on: [Instagram]( / johnnypage13 ) | [LinkedIn]( / johnnypage )