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Mistakes MSP’s Make


      Richard Tubb
      MSP Business Consultant
      richard@tubblog.co.uk




      Rich Akullian
      Business Development Manager
      Autotask Corporation
      rakullian@autotask.com
Mistakes MSP’s Make
The five most important mistakes IT Managed Service Providers
             make that cost them time and money




                            Richard Tubb
             Providing expert advice to help your IT
                         company grow
                     richard@tubblog.co.uk

              @tubblog        www.tubblog.co.uk
Mistake Number 1
- Not documenting client networks

                  Action points:-

                  •   Read the “E-Myth Revisited”
                      http://tubb.co/tubblog-emyth

                  •   Stop working in your business
                      and start working on it

                  •   Avoid becoming a SPF

                  •   Break the cycle of fire-fighting
                      and document the basics
Mistake Number 2
– Not Using a PSA tool
            Action points:-

            •   Build the PSA into your
                business Operation System

            •   Make it the central repository
                of ALL information

            •   Integrate with your other MSP
                tools – RMM, quoting, etc.

            •   Start benefitting from Service
                Intelligence
Mistake Number 3
– Trying to be a “Jack of all trades”

                    Action points:-

                    • Know your core competency

                    • Focus on being the best at a
                      few things, not everything!

                    • Build up strategic alliances
                      with complimentary
                      companies
Mistake Number 4
– Not charging enough for your services
                     Action points:-

                     • Question - do you think you
                       are not charging enough?

                     • Understand that pricing
                       incorrectly attracts the wrong
                       type of clients

                     • Schedule a price raise
                       within the next 30 days
Mistake Number 5
– Not knowing when to ask for help
                  Action points:-

                  • Question yourself - do you
                    want to actually own a
                    business, or simply own a
                    job?

                  • What jobs can you delegate
                    or outsource in the next 2
                    weeks?

                  • Prioritise business growth
                    over being the Hero
Conclusion

•   Mistake Number 1 – Not Documenting Client Networks
•   Mistake Number 2 – Not Using a PSA tool
•   Mistake Number 3 – Trying to be a Jack-of-all-Trades
•   Mistake Number 4 – Not Charging enough for your Services
•   Mistake Number 5 – Not Knowing When to Ask For Help


If you recognise that you are making any of
    the mistakes described here – you’re
     already ahead of your competitors!
Download your free MSP eBook




   http://tubb.co/freeMSPeBook
How to stay in touch with me
» Sign up to my free newsletter -
   news and strategy for SMB IT companies
   http://tubb.co/MSP-Newsletter

» Twitter – www.twitter.com/tubblog

» LinkedIn – www.linkedin.com/in/richardtubb
   (remember to introduce yourself!)

» Google+ - http://gplus.to/tubblog

» E-Mail (remember that?) – richard@tubblog.co.uk



                                      #hashtag   @tubblog   www.tubblog.co.uk

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Mistakes MSP's Make

  • 1. Mistakes MSP’s Make Richard Tubb MSP Business Consultant richard@tubblog.co.uk Rich Akullian Business Development Manager Autotask Corporation rakullian@autotask.com
  • 2. Mistakes MSP’s Make The five most important mistakes IT Managed Service Providers make that cost them time and money Richard Tubb Providing expert advice to help your IT company grow richard@tubblog.co.uk @tubblog www.tubblog.co.uk
  • 3. Mistake Number 1 - Not documenting client networks Action points:- • Read the “E-Myth Revisited” http://tubb.co/tubblog-emyth • Stop working in your business and start working on it • Avoid becoming a SPF • Break the cycle of fire-fighting and document the basics
  • 4. Mistake Number 2 – Not Using a PSA tool Action points:- • Build the PSA into your business Operation System • Make it the central repository of ALL information • Integrate with your other MSP tools – RMM, quoting, etc. • Start benefitting from Service Intelligence
  • 5. Mistake Number 3 – Trying to be a “Jack of all trades” Action points:- • Know your core competency • Focus on being the best at a few things, not everything! • Build up strategic alliances with complimentary companies
  • 6. Mistake Number 4 – Not charging enough for your services Action points:- • Question - do you think you are not charging enough? • Understand that pricing incorrectly attracts the wrong type of clients • Schedule a price raise within the next 30 days
  • 7. Mistake Number 5 – Not knowing when to ask for help Action points:- • Question yourself - do you want to actually own a business, or simply own a job? • What jobs can you delegate or outsource in the next 2 weeks? • Prioritise business growth over being the Hero
  • 8. Conclusion • Mistake Number 1 – Not Documenting Client Networks • Mistake Number 2 – Not Using a PSA tool • Mistake Number 3 – Trying to be a Jack-of-all-Trades • Mistake Number 4 – Not Charging enough for your Services • Mistake Number 5 – Not Knowing When to Ask For Help If you recognise that you are making any of the mistakes described here – you’re already ahead of your competitors!
  • 9. Download your free MSP eBook http://tubb.co/freeMSPeBook
  • 10. How to stay in touch with me » Sign up to my free newsletter - news and strategy for SMB IT companies http://tubb.co/MSP-Newsletter » Twitter – www.twitter.com/tubblog » LinkedIn – www.linkedin.com/in/richardtubb (remember to introduce yourself!) » Google+ - http://gplus.to/tubblog » E-Mail (remember that?) – richard@tubblog.co.uk #hashtag @tubblog www.tubblog.co.uk