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6 min read

Why Growing an MSP is so hard?

By Denes Purnhauser on Feb 7, 2020

The Managed Service Provider business model is a complex one and comes loaded with all sorts of challenges. One of the biggest issues is being able to drive predictable growth for the company and to build an operational maturity that can manage that growth at the same time. You’re beset from both sides: MSPs will suffer from their growth being slow and all effort will go into desperate tactical marketing and sales efforts. They’ll also struggle if growth is too fast and all efforts are spent on a tactical fix of their service delivery. 

Progressive MSPs have deserved a strategic answer to move from the reactive firefighting mode to a proactive business building model. Let’s review how to solve this problem once and for all.

Topics: Business Building for IT Companies Implement New IT Services
4 min read

Debate on All In vs. Modular MSP pricing

By Denes Purnhauser on Jan 30, 2020

The Managed Services business was created from the traditional suite of desktop management, backup, network and server support. Most MSPs now are offering various services outside the traditional managed infrastructure scope: application management, additional cyber security or virtual CIO services. This is the evolution of managed services, and the right way, however many MSPs have just reactively added some of these services to stay relevant to their customers and protect the core MSP services. They might call themselves "your IT department." Let's check out why it’s a problem and what to do about it.

Topics: Business Building for IT Companies MSP Pricing NIST Cyber Security Implement New IT Services
9 min read

Accelerate Your Growth with the new features just released

By Denes Purnhauser on Oct 18, 2019

I am happy to introduce the sets of software features, updated templates, expert guide content and super specific programs to accelerate your growth! If your Account Management is not producing project revenues, your vCIO is not getting paid for advice, your Sales people are not getting leads or your cyber security services are not being sold then this release is for you! This is what we are going to cover:

  1. New Software Features for Growth
  2. Expert Guides for Growth
  3. Role Specific Programs for Growth
  4. Quarterly Sprints for Growth
Topics: vCIO IT Sales Person Business Building for IT Companies IT Account Management IT Client Engagement NIST Cyber Security Implement New IT Services Win New Clients Profitable Operations Technical Account Manager Skip Ziegler
4 min read

Unleash Your Growth Potential

By Denes Purnhauser on Oct 11, 2019

Whether you’re a “one-man-band”, an emerging MSP with a handful of people, a team about to reach the 20 people mark or even a large 50+ organization you have one thing in common: you may have reached a growth plateau and want to unleash your potential to get to the next level. In hindsight you can recognize that it all comes back to bottlenecks in your organization’s capabilities to unleash those potentials role by role: Account Management, vCIO, Technical Account Management, IT Sales, Cyber Security and even the owners. All of them have low-hanging-fruit opportunities and by snagging those you can get to the next level in a smooth, predictable way.

Topics: vCIO IT Sales Person Managed Services Providers MSP IT Account Management IT Client Engagement Implement New IT Services Win New Clients Profitable Operations Managed Services Platform
8 min read

The 4 Steps of Successful Cyber Security Service Monetization

By Caleb Christopher on Aug 15, 2019

In my observation, previously working for an managed service provider and now with MSPs: for some, monetizing security is an elusive goal that seems to be reserved for those who already have connections, experience, and the right customers. Why?

Topics: IT Sales NIST Cyber Security Implement New IT Services IT Security IT Business Development
2 min read

What does EOS have to do with becoming a Cloud Service Provider

By Jamison West on Jul 25, 2019

I'm talking to you today because I've been getting a lot of questions about why I've been so focused on EOSTM (Entrepreneurial Operating System) and then other strategic methodologies and all of these teachings that I've been bringing to you regarding shifting from a traditional managed service provider to becoming a Cloud Service Provider (CCSP). And what I've realized as I've worked with different clients is that one shoe doesn't fit all...

Topics: Implement New IT Services Cloud Services
2 min read

Monetize Microsoft 365 Cloud Services

By Denes Purnhauser on May 31, 2019

On this interview Rich Anderson (Imagine IT) and Adam Walter (Virtual C) talk about leveraging Microsoft 365 for business discussions, differentiation and as a platform for growth.

Rich Anderson has been successfully validating the opportunities behind Microsoft 365 discovery processes and cloud services. Adam has built a remarkable audit process for turning productivity issues into projects.

Topics: Managed Services Providers IT Sales Implement New IT Services Cloud Services Client Success
5 min read

How Slack app can be a revenue generator for your MSP

By Denes Purnhauser on Jan 29, 2016

Last week we went through how we can stop giving out free advice and making consultation a revenue generator. Let’s see that in practice. Our example today is Slack app, the latest silicon valley unicorn (1B+ valuation). Slack, in most cases, is a free tool designed to enhance your internal communication. So how can we as cloud service providers deliver value and earn revenue with this great tool.

Topics: IT Sales Person Managed Services Providers IT Sales MSP IT Consultative Sales Implement New IT Services Cloud Services
3 min read

Building Starter vCIO Services

By Denes Purnhauser on Oct 1, 2015

There is no question that vCIO service is no longer a nice to have service offering for IT managed services providers.

  • It is a needed offensive strategy to tap into the growth potential of the prospects with high maturity.
  • It is a perfect defensive strategy to keep the prices up and protect our client base from low price entrants.

However, the delivery of IT Management services is not entirely new; most IT companies have some issue to monetize on this opportunity.

Topics: vCIO Managed Services Providers Virtual Chief Information Officer Virtual CIO Implement New IT Services
2 min read

Build your MSP with the help of virtual CIO services

By Myles Olson on Jan 14, 2015

Colin Knox is a true entrepreneur in the managed services provider industry. He’s been operating a very mature and well-polished boutique managed services provider in Calgary, Canada.

He’s also been recognized by Penton Technology Group in the ‘MSP Mentor 250’ which lists the best of the best managed service provider executives, entrepreneurs, experts, coaches and community leaders.

Colin’s service philosophy involves helping people grow and to that end giving them a chance to learn and develop into virtual CIOs. His business growth focuses on high level services.

Topics: vCIO Managed Services Providers Virtual Chief Information Officer Business Building for IT Companies MSP Virtual CIO CIO Implement New IT Services
2 min read

What makes a good vCIO?

By Denes Purnhauser on Dec 3, 2014


Typically there is a certain type of personality that is best suited to the vCIO role.

  • They have some consultative background.
  • Their “down to earth” mentality suits working with small to medium business.
  • They tend to be systematic, process-oriented thinkers.
  • They understand how to put technology solutions into a business solutions context.

Chances are you possess many if not all of these traits. But who else on your team also fits the role? The idea here we’re looking at here is nurturing and developing ideal vCIO candidates to build a hyper-successful MSP in the modern marketplace - something one can't do alone. Let’s take a look at what that will require. 

Topics: vCIO Managed Services Providers Virtual Chief Information Officer MSP Virtual CIO CIO Implement New IT Services
5 min read

Monetizing Client Apps and SaaS Solutions the Smart Way

By Denes Purnhauser on Sep 7, 2014

If you’re like me, you’re often evangelizing cool applications, services, and vendors to your clients. You have a cool feature on your Todo application, or you were able to integrate your CRM with LinkedIn, or you just collaborated with your team with an awesome project management tool. We spread the idea because we are advisors by nature. The question is how can we capitalize on this habit? How do we create service offerings around SaaS-based applications?

I hope you have read our monster blog article about the business model changes of the MSP. In this model there is an item called "Marketplace" in the partnership section, there are revenue streams called "Marketplace Commission" and "3rd Party project management," and there is an activity called "Resell Vendors, Applications."

The idea here is quite a common practice among IT managed services providers - finding a problem on the client side and helping them with an application. After deploying, manage the usage, subscription, and processes of the application. IT companies are mostly infrastructure providers, so they do these types of activities but in an ad-hoc way. What’s new here is the proactivity and a defined structure for these types of services.

Topics: IT Sales Person Managed Services Providers IT Sales Business Building for IT Companies MSP Implement New IT Services Cloud Services
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