£60,000 dropped to the bottom line

Mastermind Insider: £60,000 dropped to the bottom line

Paul Green Content, MSP Mastermind, Videos

Click here for the full details of the MSP Mastermind

Every month I sit down with two MSP Mastermind groups, each consisting of 13 non-competing MSP owners. And we work brilliantly together to make each of their businesses better.

Better = more net profit and more holidays

The Mastermind Insider videos are a summary of the best ideas and biggest wins from the meeting. So you can apply them to your business.

From May's MSP Mastermind meetings:

  • MSP owner A has reviewed their overheads, and has managed to hack £5,000 a month. That will all drop straight to the bottom line

  • MSP owner B is growing monthly recurring revenue (the holy grail) at 2% per month, every month. The compound effect says that's life changing over a 2-3 year period

  • MSP owner C is consolidating all clients to Ubiquiti wifi, to reduce technical knowledge needed and improve service delivered

  • MSP owner D will generate an extra £500 monthly recurring revenue, by renting 4G failover routers to all clients. Router as a service means less stress for everyone when a JCB does its thing to a copper wire

  • MSP owner E wants to sell up in 2 years, and has a target to add £1,000 of monthly recurring revenue every month. We've set out a 3 pronged strategy of 1) upselling, aided by a profit matrix; 2) adding new monthly recurring revenue services, and 3) adding new clients. In that order

Click here for the full details of the MSP Mastermind

2,766 MSPs had this story emailed to them

Hi, I'm Paul Green. Couple of times a week I send great marketing advice to 2,766 other MSPs around the world. Want to join them? I'll also send you a free copy of my book Updating Servers Doesn't Grow Your Business