Every employee in your business plays a role in making your company profitable. Unlike your leadership team, your employees serve your business in a different capacity: They’re in the trenches. While you’re collaborating with your leadership team in an underground bunker somewhere, your employees are taking fire day in...
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Always focus on value when you’re pricing IT services. Don’t worry about charging too much (potential clients aren’t always looking for the cheapest option). In fact, prospects are willing to pay much higher prices if they feel like you’re delivering value to them. Eliminating price as an objection is...
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Hitting plateaus is part of life. We’ve all been there before, right? Things are going well, and then all of a sudden we’re coasting — awaiting the next climb. These natural places in business and life where people and businesses get stuck are what I call impact zones. Identifying...
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Without forward movement, your business plan is just a bunch of words, numbers and punctuation marks on paper. It’s practically meaningless when you think about it. It’s like having an outline for a book you’re never going to write. You need to keep yourself in check (in other words,...
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Increasing sales efficiency is just one of the many ways MSPs can grow monthly recurring revenue (MRR). Top-performing MSPs understand why streamlining the sales process can help salespeople with adding new MRR at the right price. If you’re unsure of how you can improve sales efficiency in your business,...
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There’s been a lot of discussion in the news about the impact of the new tax reform law on businesses, in particular — small businesses. Being that the majority of MSPs are small businesses, the legislation’s implications are of the utmost interest to many of us at the moment....
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Competition among MSPs is fierce. One of the most effective ways to stand apart from the 10-minute MSPs is to create a value-add proposition that will appeal to your prospects, set you apart from the competition and drive MSP sales. While many MSPs have the potential to offer a value-add...
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While Office 365 adoption continues to skyrocket, so do your customers’ security, compliance and other business needs, which all require your expertise. Within the past three years, Microsoft has made an impressive transformation in its quest to become a subscription company where customers rent rather than buy software. In...
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Here’s the good news: the managed IT services market is expected to grow from $145.33 billion in 2016 to $242.45 billion by 2021, with a 10.8% compounded annual growth rate. Industry growth like this can create an enormous opportunity for MSPs to grow their businesses. The challenge is that growth...
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Goal setting tops the agenda in 2018 for many of you, and it should. Planning your path to success will help you achieve business objectives throughout the year. While there’s nothing wrong with sketching out the year ahead (I love planning and goal setting, to be perfectly honest), it’s...
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