£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

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