Data Science Company

3 Tips For Starting A Successful Data Science Company (2024)

Pat Walls

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Updated: January 19th, 2023

Want to start your own data science company? Here are some tips you should know:

Learn more about starting a data science company:

Where to start?

-> How much does it cost to start a data science company?
-> Pros and cons of a data science company

Need inspiration?

-> Other data science company success stories
-> Marketing ideas for a data science company

Other resources

-> Data science company quotes

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a data science company:

#1: Peter Szyszko, founder of White Bullet:

We chatted with with Peter, founder of White Bullet ($100K/month). In our interview, Peter says:

Get input from potential clients and see how you should shape your idea to what they actually want because knowing what the customer wants is key.

Additionally:

When you start something, you've got a choice of getting something to market quickly - risking that customers don't like what you've created or that it doesn't work - or taking time to get it all working and risk over-engineering and missing the boat.

Read the full interview ➜

#2: Peter Szyszko, founder of White Bullet:

We chatted with with Peter, founder of White Bullet ($100K/month). In our interview, Peter says:

You never know what crisis is around the corner and no one could have anticipated some of the transformations the media industry has been forced to go through. One positive takeaway from the lockdown is how quickly society has been further catapulted into the deeper use of online and mobile technologies.