Why Your Data May Be Useless

analysis, analytics, business coach, Businetiks, coaching, consulting, context, data, Evaluate, Featured, information, life coach, strategy
With so many companies focusing on analytics there is more data out there than ever before. Before you rely on it, however, you need to make sure you have one more item: context. Without the proper context, data can be manipulated to prove almost anything. Case in point: the recent U.S. elections. There are those […] The post Why Your Data May Be Useless appeared first on The Modern Observer Group.
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Stop Underpricing Your Work

business coach, Businetiks, coaching, consulting, Evaluate, Featured, life coach, pricing, strategy
The dangers of overpricing your work are obvious: You can lose the deal and scare clients away. But charging low prices can signal low quality, making clients hesitant to work with you. To be sure you aren’t underselling yourself, develop a network of trusted peers who can provide honest information about going rates. Once you […] The post Stop Underpricing Your Work appeared first on The Modern Observer Group.
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Rethink Your Assets

assets, business coach, Businetiks, coaching, consulting, Evaluate, Featured, learning, life coach, strategy, value
Wealth, as well as other kinds of success, generally rely on one factor. Your assets need to be greater than your liabilities. While these are usually associated with accounting, to use them to evaluate a project we need to look at them a little differently. An asset is generally considered to be something of value. However […] The post Rethink Your Assets appeared first on The Modern Observer Group.
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Don’t Let Causes Outweigh Your Data

business coach, Businetiks, causes, coaching, consulting, data, Evaluate, Featured, inventory, life coach, sales
It’s great for your company to support a cause, but you shouldn’t let that determine your products. Your products need to be driven by customer demand, not causes.  Case in point: female empowerment. For many years women complained that there weren’t enough female action figures. They argued that the lack of female action figures was […] The post Don’t Let Causes Outweigh Your Data appeared first on The Modern Observer Group.
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The Problem With Surveys

business coach, Businetiks, coaching, consulting, data, Evaluate, Featured, life coach, strategy, surveys
Surveys are a valuable tool for getting feedback. There are some big drawbacks, however, for you to consider before acting on the results of a survey. Survey respondents may not be giving you the whole truth. This was illustrated recently when a survey and a data analysis were done to gauge the habits of millennials. […] The post The Problem With Surveys appeared first on The Modern Observer Group.
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Know Your Data Source

accuracy, bias, business coach, Businetiks, coaching, consulting, data, Evaluate, Featured, life coach, strategy
There has been a lot of talk lately about data. Who is collecting it and how it is used have been discussed quite often. What hasn’t been discussed is if the data is accurate. Beyond showing an ad for something you looked at, how accurate is the data you are basing your decisions on? Is […] The post Know Your Data Source appeared first on The Modern Observer Group.
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Freelancers, Always Get Terms in Writing

Attitude and Mindset, business coach, Businetiks, cash flow, coaching, consulting, contracts, Evaluate, evaluation, Featured, life coach, metrics, strategy
More and more people working side hustles and moving into freelancing. It is expected that the number of people that identify themselves as self-employed will increase by 300% over the next two years. It is important for new freelancers to change their mindset from that of an employee to that of an employer. That means […] The post Freelancers, Always Get Terms in Writing appeared first on The Modern Observer Group.
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Manage Your Stress By Monitoring Your Body’s Reactions To It

Attitude and Mindset, body, business coach, Businetiks, coaching, consulting, Evaluate, Featured, life coach, strategy, Stress
Stress is a part of life. It can hinder you or it can help you , depending on how you react to it. Stress affects your body in different ways and understanding that can help you understand how you are reacting and how stress affects you. Harvard Business Review recommends the following steps to monitor […] The post Manage Your Stress By Monitoring Your Body’s Reactions To It appeared first on The Modern Observer Group.
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Ensure Your Data Source Is Relevant

business coach, Businetiks, coaching, consulting, data, Evaluate, evaluation, Featured, life coach, metrics, strategy
The most recent earnings report from Apple far exceeded analyst estimates. This isn’t new. In fact it happens on a regular basis. Why are analysts surprised quarter after quarter? It’s because they fail to look at the correct data. Apple has 100 million subscribers that each pay $10 a month for services such as iCloud […] The post Ensure Your Data Source Is Relevant appeared first on The Modern Observer Group.
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Some People Will Never Buy

business coach, Businetiks, coaching, consulting, Customer, Evaluate, Featured, life coach, marketing, purchase, sales, strategy
Recently online radio broadcast service Spotify went public. When it did, analysts discussed their business models. The service offers two services, ad-supported and paid. One analyst stated that Spotify could convert all of its ad supported users to paid users. While this is a nice thought for a company it is unrealistic. The truth is […] The post Some People Will Never Buy appeared first on The Modern Observer Group.
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