Bonusode: The Secret to Growing a Successful MSP: Don’t go it Alone

Bonusode: The Secret to Growing a Successful MSP: Don’t go it Alone image

Daniel Shone is the Co-Founder of Apex Computing, an MSP based in Manchester. He spoke to Richard Tubb about how to grow a successful MSP.

Daniel heads up the account management and sales and marketing teams for Apex. They have recently secured Azure business certification with the help of Pax8.

An Interview With Daniel Shone

How the Right Vendors Help You to Grow a Successful MSP

Daniel explains that as a company, Apex like to work with vendors and suppliers that want to help grow our business. For that reason, they partner with businesses like Pax8, in order to help them hit their goals.

“My advice is: find the partners who want to grow your business for you. Let them do the hard work and the heavy lifting. Have them invest in training programs for your staff and help you with your marketing. Don’t try and reinvent the wheel yourself.

“Ask them what works for other MSPs, because they want to work with you, and case studies of other, progressive MSPs who have scaled demonstrated that they’re the right partner for you. Pax 8 have been that for us.”

Why You Shouldn’t Avoid Your Competitors

Most small business owners are worried that their competitors will steal their clients or prevent them finding new ones. But as Daniel says, there’s so much work available that there are rarely problems.

“In fact, we choose to work closely with our competitors to our mutual advantage. We referred our accountant to another MSP in Manchester because I didn’t want to impact our relationship. We feel comfortable with our competitors.

“And we all have different strengths, so it makes sense to pass on work or make referrals. Most importantly, those other MSP owners become supporters, collaborators and friends. They have the same challenges and are open to talking about them with you.”

What is the secret to growing a successful #MSP? Daniel Shone of @apexcompltd tells Richard Tubb that collaboration is the key. Click to Tweet

What Makes a Good Vendor Relationship

It’s easy to see your vendors as people you buy from, but Daniel cautions against that: “If you don’t see it as a partnership, you’ll grow slowly, if you grow at all. Work on the relationships so they can help you find funding, training opportunities and hearing about new products first.

“So I make a point of meeting with our key vendors. If they ask us what success looks like for Apex in the next 12 months, I ask them the same question about their company. Because we’re on a journey together.”

Essentially, both parties are looking to grow. And by having a true partnership, you’ll each grow faster than on your own. Daniel recommends getting to know your account managers and staying in touch even if you part ways later on.

How Mentors Support You to Become a Successful MSP

Many MSPs become business owners accidentally, especially if they have a tech background. So whenever you can, you should be looking for people who can help you to move your business forward.

“Chris and I started our business very young, so we needed help to grow it properly. For example, we worked with Daniel Welling to build out our SLT team and to get our numbers right.

“From there, we’ve been working with Ian Luckett and Stuart Warwick at MSP Mastery. That mentorship has enabled us to increase our turnover dramatically. If you’re committed to growing your MSP, then don’t do it alone. A mentor will be one of the best investments you ever make.”

How to Connect With Daniel Shone

How to Connect With Me

Mentioned in This Episode

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RICHARD TUBB

Richard Tubb is one of the best-known experts within the global IT Managed Service Provider (MSP) community. He launched and sold his own MSP business before creating a leading MSP media and consultancy practice. Richard helps IT business owner’s take back control by freeing up their time and building a business that can run without them. He’s the author of the book “The IT Business Owner’s Survival Guide” and writer of the award-winning blog www.tubblog.co.uk

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