Bonusode: The Secret to Growing a Successful MSP: Don’t go it Alone
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 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
- Apex Computing
- Follow Apex on Twitter
- Like Apex on Facebook
- Follow Apex on LinkedIn
- Connect with Daniel on LinkedIn
How to Connect With Me
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Mentioned in This Episode
- IT conference: Dattocon
- Peer group: CompTIA
- Peer group: MG Group
- Cloud marketplace: Pax8
- PSA tool: Halo
- MDF Funding
- Cybersecurity platform: Sonic Wall
- IT and security platform: Kaseya
- Pax8 Azure programme: Kickstart
- Cybersecurity stack: Apex Security Sphere
- Peer group: SBS Network Group North West
- IT and MSP Business Growth Expert: Ian Luckett
- Helping Ambitious MSPs to Scale to £1m: Stuart Warwick
- Growth programme from Ian Luckett and Stuart Warwick: MSP Mastery
- Cybersecurity platform: Huntress
- Enterprise cybersecurity solutions: Threat Locker
- Revenue platform provider: Zomentum
- Quoting tool: Salesbuildr
- Channel Chief at Salesbuildr: James Steel
- CRO at Aabyss: Robert Gibbons
- Daniel Welling of Welling MSP
- Darren Strong at Scalable (workplace productivity software)
- CRM platform: HubSpot
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