In the 6th session of Chandoo.org podcast, we focus on making you a better analyst.

Before we proceed in to the session, let me remind you:
Subscribe to Chandoo.org Podcast
Do you know that you can subscribe and receive latest episodes of our podcast right to your ears? Use one of the below links to get started.
- For iPhone or iPod or iPad: Click here to subscribe.
- Andriod Phones & Tabs: Click here to subscribe on Stitcher. (You can download Stitcher free app from that link)
- Windows Phone: For Windows phone, search your podcasts app for our show.
- Or… As always, you can get latest episodes, show notes & resources from our Podcast page.
What is in this session?
One of the most popular questions I get, goes like this:
I recently became an analyst. I want to succeed in my work. How do I go about it?
So in this episode, lets explore the road map to becoming a better analyst.
In this podcast, you will learn,
- Announcement about Easter Egg hunt
- Why become a better analyst?
- The road map for becoming a better analyst – BETTER framework
- B for Business Knowledge
- E for Examining user needs
- T for Thinking about analysis
- T for Tools of Trade ie Excel
- E for Expression
- R for Refining yourself
- Conclusions
See the mind-map aside (click on it to expand) to understand the BETTER framework.
Go ahead and listen to the show
Podcast: Play in new window | Download
Subscribe: RSS
Links & Resources mentioned in this session:
Easter Egg Hunt:
Courses mentioned:
Case Studies
Resources to learn Excel
- Functions
- Understanding Data
- Excel Tables
- Ad-hoc Analysis Tools in Excel
- Pivot Tables
- Filters
- Slicers
- Charting & Reporting
- Automation & VBA
Making Interactive Charts in Excel
Spreadsheet Errors & Auditing
- Handling Errors in Spreadsheets
- Using IFERROR function
- Spreadsheet Auditing & Risk Management – 4 part article
- Go to Special – your best friend for spreadsheet auditing
Transcript of this session:
Download this podcast transcript [PDF]
Are you becoming better analyst?
As a CEO of a small company, most of my time is spent on analysis & decision making. So I am always looking for ways to improve my skills.
What about you? How do you become better at your job. Please share your tips, ideas & inspiration in the comments.














17 Responses to “Custom Number Formats – Colors”
You are right, Chandoo. I was playing with the colour numbers last week and some of them don't appear different from each other. Others are totally different from yours.
@Duncan
Each version of Excel, post 2003, renders colors slightly differently
Different language versions may also have different default color palettes
Hello in french
excel 2010
colo1 = couleur1 = black
[couleur1]; [couleur2]; etc..
@Hui, thank you very much again for this great post.
However - under Excel 2007, Hungarian version your solution does not work with color names. I've tried both English and Hungarian names, but drops an error message "not valid formats"
Do you have any idea how to solve this issue?
thanks in advance
@Andras
Without a Hungarian version of Excel 2003 I don't think I can assist
Have you tried using the colour numbers? I couldn't get the names to work (despite using an english version of excel). but it did work with the numbers though. I left out the "u" and was easily able to produce burgundy using [color9]
Here a possible solution: find an English version of Excel, write there the formats using English names, then open the file in the Hungarian version and see the translation.
In Excel 2007 I can't get the colour names to work e.g Sea Green but the numbers do e.g color3 - colour3 does not work so I must bow to the country that has stolen my language (ha ha!)
Hey chandoo, nice Tip!
Wouldn't be easier just apply some conditional formatting for negative numbers and another for positive numbers? Or there's some cases that you can't do that?
Unfortunately the TEXT function doesn't color the cell as number formatting does.
Hi Hui,
Great post Sir, love the new way of formatting with color numbers.
I am using 2007, and it leads me to the last color number 56.
Thanks Hui.
[…] explains how to set up custom number formats with a wide array of […]
Thanks Hui - works a treat!
Thank you, very helpful.
Trying to figure out if it is possible to apply color only to a part of the cell?
E.g. I have a value formatted as Accounting with a currency symbol.
Those I find somewhat distracting though necessary. If I could make them less obtrusive by coloring them gray while the number would stay black, that would be great. Tried tinkering with the format string, but didn't get the desired result. Single color for complete cell value works, but coloring just part of it could not be achieved. Maybe somebody managed that?
Exactly what I was looking for - thank you!
colour in the Australian doesn't work - we have to go American and no problem.
I always thought is was 56 colours notice you have 57. Cool.
thanks
Analir Pisani
Customised Microsoft Office Training Specialist
Sydney - Australia
http://www.azsolutions.com.au
Thank You!