MSP Business School

MSP Business School
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A podcast geared to Technology Service Providers where we bring you strategies and tactics to grow your business and build a winning culture. This podcast helps MSPs and MSSPs accelerate their business through strategies, tips, and tactics for driving sales, marketing, and account management. Join our host, Brian Doyle, every Tuesday!

  1. 3h ago

    Dave Smith | What It Really Takes to Become an AI-Driven MSP

    In this engaging episode of MSP Business School, host Brian Doyle converses with Dave Smith, the dynamic CEO and Founder of Tekscape. The discussion centers around Tekscape's transformation from a traditional MSP into an AI-focused business model. Set against the backdrop of Mohegan Sun in Connecticut, this episode offers listeners insight into the AI revolution and its impact on MSPs. Delving deeper, Dave elaborates on how AI is reshaping services and client relations, asserting that AI should be viewed as a transformative force rather than just another technological advancement. He acknowledges the challenges MSPs face in adapting to AI, including the necessity for a comprehensive reorganization rather than simply adding AI roles. Throughout the episode, Dave shares real-world examples of AI projects and the business processes they optimized. The conversation highlights the critical shift in MSP operations, from managing IT issues to leveraging AI for tangible business outcomes. Key Takeaways: AI is not just another technology for MSPs but a transformative force that reshapes how services are delivered and valued. The shift to AI requires MSPs to engage at an executive level, focusing on business outcomes rather than mere technical solutions. Tekscape transformed its offerings by focusing on custom AI solutions, evolving from traditional IT support to AI-driven consultancy. The adaptation to AI involves a comprehensive restructuring of internal processes, skills, and operational models within MSPs. Successful AI integration in MSPs relies on automating and enhancing business workflows, such as financial reporting and client data management.

  2. Oct 27

    Abe Garver | Secrets to a Multi-Million Dollar MSP Exit

    In this insightful episode of MSP Business School, host Brian Doyle sits down with Abe Garver from Focus Investment Banking to delve deep into the dynamic landscape of Mergers & Acquisitions in the MSP industry. They discuss the incredible pace of MSP consolidation since 2020 and explore the strategic intricacies involved in navigating this vibrant market. Abe's vast expertise illuminates the discussion, providing listeners with a roadmap for successful transactions. The conversation reveals the importance of planning and understanding before jumping into the M&A process. Abe emphasizes the necessity for sellers to contemplate "what's next" and offers resources like the book Halftime by Bob Buford to assist in this personal and professional reflection. SEO-optimized terms such as "M&A advisory," "MSP consolidation," and "investment banking" are woven throughout the transcript summaries, making this an indispensable listen for anyone involved in or considering a role in the MSP marketplace. Abe also highlights during the episode the critical importance of a trusted advisor and the necessity of culture alignment in successful sales. Key Takeaways: Strategic Preparation: Understanding personal and professional post-sale future is crucial before jumping into the sale process, as highlighted by Abe's recommendation of Halftime by Bob Buford. Realistic Valuation and Buyer Compatibility: Engaging with the right buyers who match the culture and deliver realistic valuations is essential for maintaining value post-sale. Importance of Licensing and Due Diligence: Hiring advisors with adequate licensing and expertise can prevent legal and financial pitfalls during the sale process. Resource Utilization and Networking: Utilizing established relationships and thoroughly vetting potential buyers and partners through earlier experiences is crucial. Marketplace Insight: Understanding industry trends and potential changes in valuation can determine the right timing for selling or purchasing an MSP. Guest Name: Abe Garver LinkedIn page: https://www.linkedin.com/in/abegarver/ Company: Focus Investment Banking Company Website: https://focusib.com/ie/ Show Website: https://mspbusinessschool.com/ Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com

  3. Oct 20

    Kyle Christensen | AI Consultants Are Coming for Your Clients

    In this engaging episode of MSP Business School, host Brian Doyle welcomes Kyle Christensen, founder of Empath, to explore the rapidly evolving landscape of AI in the world of MSPs. With a rich background that includes time at Geek Squad and turning a small MSP into a hyperscaler, Kyle brings deep insights into both the opportunities and challenges that AI presents to the MSP sector. Listeners are introduced to the concept that while AI holds potential for incredible business transformation, the current scenario sees many businesses—including MSPs themselves—still in experimental phases of AI adoption. As the conversation progresses, Kyle and Brian discuss the shift from a fear-driven sales approach to one motivated by FOMO. They stress how important it is for MSPs to establish a consultative relationship with their clients and adapt to each client's unique business processes for successful AI integration. The episode highlights the necessity of embracing AI not just as a tool but as a service-oriented opportunity that can lead to deeper client relationships and enhanced business value. They caution against setting unrealistic expectations or avoiding the full utilization of AI due to perceived complexities. Key Takeaways: Embrace AI with Curiosity: Both MSPs and their clients are still learning and experimenting with AI. Viewing AI as a field of exploration rather than immediate mastery can foster innovation. Shift from FUD to FOMO: Transitioning from fear-driven sales to leveraging clients' fear of missing out can create a more thriving business environment. Consultative Approach: The future success of MSPs lies in consulting, listening, and understanding individual client needs to integrate AI effectively into their processes. Monetizing Readiness Assessments: Properly executed readiness assessments, which might take several weeks, are crucial and should be a paid service. Growing Advisory Roles: There is a ripe opportunity for MSPs to strengthen their advisory roles amidst the AI transformation, preventing AI-exclusive consultants from taking over client relationships. Guest Name: Kyle Christensen LinkedIn page: https://www.linkedin.com/in/kylechx/ Company: Empath Company Website: https://empathmsp.com/ Show Website: https://mspbusinessschool.com/ Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com

  4. Oct 13

    Larry Meador | The Real Threat Is Hiding in Your Clients' Data

    In this engaging episode of MSP Business School, host Brian Doyle welcomes back Larry Meador, Channel Chief at Cavelo, to discuss the ever-evolving challenges and opportunities within the managed service provider landscape. With an extensive background spanning over two decades, Larry brings a wealth of knowledge on cybersecurity, capacity issues, and the future impact of AI on threat management and risk reduction. Larry Meador delves into the pressing issue of capacity constraints faced by MSPs when trying to scale their cybersecurity offerings. He underscores the importance of comprehensive cybersecurity measures, noting that "if you're not offering cybersecurity, you're not going to keep pace." With AI rapidly changing the threat landscape, MSPs are under pressure to evolve faster than ever. He shares how MSPs need to understand where their clients' sensitive data resides and who has access to it, warning that, "you can't protect what you can't see." Larry also introduces Cavelo's innovative approach to vulnerability and risk management, highlighting their AI-driven analyst, CORA, which helps automate prioritization and remediation processes, providing a strategic edge in managing cybersecurity tasks efficiently. The episode further explores how AI and tools like Cavelo's platform can alleviate the ever-growing pressure on MSPs to enhance both efficiency and effectiveness in the cybersecurity domain. Larry emphasizes the need for visibility in data management, noting that true value comes when visibility translates into actionable insights. He also touches on the evolving metrics of cybersecurity given the maturing MSP industry and shares his thoughts on the ideal state of cybersecurity management enhanced by AI with guardrails, ensuring a secure yet controlled automated response strategy. Key Takeaways: Larry Meador emphasizes that maintaining robust cybersecurity offerings is crucial for MSPs to stay competitive in the rapidly evolving tech landscape. The growing demand for cybersecurity outstrips the capacity MSPs can typically supply, creating a significant need for automation and improved resource management. Cavelo's platform provides visibility into sensitive data locations, vulnerabilities, and user activity, enabling MSPs to efficiently reduce risk exposure. AI-driven tools, such as Cavelo's Cora, are transforming data analysis and vulnerability management, promising significant reductions in manual processing time and effort. The future of cybersecurity will increasingly involve AI-driven automated remediation with MSP-controlled guardrails to ensure effective and timely threat management. Guest Name: Larry Meador LinkedIn page: https://www.linkedin.com/in/larrymeador/ Company: Cavelo, Inc. Company Website: https://www.cavelo.com/ Show Website: https://mspbusinessschool.com/ Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com

  5. Oct 6

    Andrew Jordan | The Financial Fundamentals Every MSP Needs

    In this episode of MSP Business School, host Brian Doyle engages with guest Andrew Jordan to uncover the financial fundamentals essential for MSP success. The discussion pivots away from mergers and acquisitions to focus on immediate financial strategies that MSPs can deploy for profitability. Andrew shares insights from his journey from CPA to CFO, underscoring the importance of proper financial management and the pitfalls MSPs often face when setting up their books. The episode provides a detailed walkthrough of smart financial practices for MSPs, highlighting the critical distinction between costs of goods sold and expenses. Andrew explains the necessity for MSPs to accurately determine their gross profit to guide strategic business decisions. He offers guidance on navigating common financial misconceptions and emphasizes the transformative impact of having a competent financial advisor. By emphasizing the personal side of business finances, Andrew encourages MSPs to shift their focus from survival strategies to sustainable growth and operational efficiency. Key Takeaways: Accurately differentiate between costs of goods sold and expenses to maintain a clear financial picture. Gross profit margins of 30-40% are indicative of healthy MSP operations. Understand and utilize financial statements as strategic tools, not just for tax filing. The key to business growth includes seeking financial mentorship and establishing a trusted partnership with an accountant or fractional CFO. Effective financial management can lead to the freedom of time and a well-balanced work-life dynamic. Guest Name: Andrew Jordan LinkedIn page: https://www.linkedin.com/in/andrew-jordan-cpa/ Company: Jordan CPA Services Company Website: https://www.jordancpaservices.com/ Show Website: https://mspbusinessschool.com/ Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com

  6. Sep 29

    Shawn Walsh | How to Build an MPS that Can Thrive Without You

    Welcome to another enlightening episode of the MSP Business School, featuring the insightful Shawn Walsh from Encore Strategic. In this episode, host Brian Doyle and Shawn dive deep into the intricacies of building and selling a successful MSP business. Shawn shares his unique transition from law enforcement to the world of MSPs, leveraging his skills in computer forensics to grow a thriving business which he ultimately sold to a private equity firm. His current role sees him mentoring MSPs on effectively planning their exit strategies well in advance. In a conversation rich with actionable insights, Shawn and Brian explore common pitfalls that MSPs face, particularly around valuation and the importance of planning for an exit from day one. They discuss the Value Builder Assessment as a tool to measure a company's worth beyond just EBITDA, highlighting the crucial role of building a robust sales engine and the dangers of underpricing services. Shawn emphasizes the need for MSPs to distinguish themselves in the marketplace, warning against straddling the line between being a price leader and a value leader. Key Takeaways: MSPs should plan their exit strategies early, ideally beginning 10 years before the anticipated sale. The Value Builder Assessment can significantly enhance an MSP's valuation by focusing on multiple factors beyond EBITDA. Building a sales engine independent of the owner is crucial for an MSP's sustainable growth and value. Discounting services can undermine a business's perceived value; charge premium prices to ensure clients take the service seriously. Differentiation in the MSP space is vital; focus on boardroom-level conversations to emphasize business goals over technical jargon. Guest Name: Shawn Walsh LinkedIn page: https://www.linkedin.com/in/encorestrategic/ Company: Encore Strategic Company Website: https://encorestrategic.io/ Show Website: https://mspbusinessschool.com/ Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com

  7. Sep 15

    James Kudla | The MSP Staffing Model That's Changing the Game

    In this episode of MSP Business School, host Brian Doyle welcomes James Kudla, founder of Kalutasan, to discuss the nuances of outsourcing support from the Philippines for MSPs. James shares his professional journey from mechanical engineering to owning a successful MSP, before venturing into the world of providing high-quality outsourced resources. The episode offers a comprehensive look at the benefits and logistics of leveraging international labor to enhance capacity and efficiency for managed service providers. The conversation highlights how strategic outsourcing can address common MSP challenges, including staffing shortages, increasing operational costs, and improving response times. SEO keywords such as "outsourcing," "Philippines labor," and "MSP staffing solutions" are interwoven throughout the discussion, emphasizing the show's focus on innovative workforce management solutions. As a seasoned industry professional, James offers compelling insights into how outsourcing from the Philippines is transforming the MSP landscape, by combining English proficiency and technical expertise to offer significant cost savings and operational flexibility. Key Takeaways: Outsourcing to the Philippines can lead to cost savings of up to 70% compared to domestic staffing, providing a competitive advantage for MSPs. The culture and infrastructure in the Philippines have evolved significantly, making remote work efficient and reliable. Many experienced IT professionals in the Philippines have substantial MSP experience, making them valuable assets for service providers. James Kudla's own journey demonstrates the transformative potential of strategic staffing solutions in overcoming MSP challenges like staffing shortages and rising operational costs. The partnership with Kalutasan is not just about filling roles, but about creating career opportunities and development for Filipino professionals, while strengthening MSP capabilities in North America. Guest Name: James Kudla LinkedIn page: https://www.linkedin.com/in/jameskudla/ Company: Kalutasan, Inc. Company Website: https://kalutasan.com/ Show Website: https://mspbusinessschool.com/ Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com

  8. Sep 8

    James Davis | Surviving the Commoditization of MSPs: Strategies for Future-Proofing

    In this episode of MSP Business School, host Brian Doyle sits down with technology consultant and advisor James Davis to discuss the evolving landscape of the MSP industry. They dive deep into the transition from traditional break-fix models to the more integrated role of technology partners. Davis reflects on his own journey through various facets of the MSP world, offering rich insights into the shifts and transformations necessary for survival in the current digital age. Throughout the conversation, Brian and James explore the changing expectations of the modern client, emphasizing the need for MSPs to move beyond just infrastructure management to a more consultative role in business growth. They navigate the complexities introduced by AI and cybersecurity, advising MSPs to not merely add these as cosmetic changes but to fundamentally reimagine their business models. Davis stresses the importance of understanding clients' business challenges and aligning with their strategic objectives, a notion he refers to as becoming a "Technology Solutions Partner" rather than remaining a traditional MSP. Key Takeaways: Evolving Roles: MSPs need to transition from break-fix models to a comprehensive consultative role, focusing more on data, workflow, and clients' business needs. Vertical Specialization: Emphasizing the importance of specialization, MSPs should consider vertical or horizontal approaches to better align with client industries. Client-Centric Approach: Prioritizing client conversations and understanding their challenges is crucial for developing relevant technology solutions. Skepticism of Industry Hype: Davis encourages skepticism of industry trends without real insight, urging MSPs to focus on client-specific needs over generic industry advice. Transformative Opportunities: Viewing modern challenges as opportunities for transformational growth, with a focus on advisory services, strategic conversations, and rising above infrastructure management. Guest Name: Brian Davis LinkedIn page: https://www.linkedin.com/in/thejamesdavisaus/ Company: The TSP Adivsory Company Website: https://thetspadvisory.com/ Show Website: https://mspbusinessschool.com/ Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com

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5
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About

A podcast geared to Technology Service Providers where we bring you strategies and tactics to grow your business and build a winning culture. This podcast helps MSPs and MSSPs accelerate their business through strategies, tips, and tactics for driving sales, marketing, and account management. Join our host, Brian Doyle, every Tuesday!

Information

  • Creator
    MSP Business School
  • Years Active
    2020 - 2026
  • Episodes
    292
  • Rating
    Explicit
  • Copyright
    © MSP Business School 2020-24 All rights Reserved
  • Show Website
    MSP Business School

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