If you’re treating your MSP business like a hobby, you’re not going to remain cognizant of trends which regularly shape the technology market. You’ll have several services you provide to several clients, and slowly you’ll become anachronistic as technological ability doubles at Moore’s Law intervals. This doubling will outpace someone providing tech service or products as a hobby. Competitors will, like predators in the wild, compete for dominance. You’ve got to be intentional, and you’ve got to have a will to succeed. Following are tips to help get you pointed the right direction:
• Set realistic goals
• Know your value, work hard, and seek profit
Your MSP business has got to commit. That’s key to any kind of success. And you’ve got to understand you’re going to have initial losses which make commitment hard. It’s not just that you’re trying to commit to a realistic goal, you’ve got to commit to overcoming sometimes deliberate impediments, like sabotage from competitors or cybercriminal intrusion.
Set Realistic Goals
You’re probably not going to be the next tech unicorn, but it’s likely that you can become the go-to MSP in your local community. Set realistic goals, and go about meeting them.
Know Your Value, Work Hard, and Seek Profit
What do you objectively bring, in terms of value, to clients? Know it, and be able to demonstrate it. Work hard to facilitate value-rich solutions that bring profit, and continuously seek profit, as an MSP must grow to survive in a Moore’s Law tech economy. If you’re not profiting, you can’t onboard and facilitate new technology profitably.
A Career, Not a Hobby
Your MSP business can change the tech-world game if you tap into the right niche and dominate it. Commit to your goals, know your value, and seek profit through hard work. These things will bring your MSP success; treating it like a hobby won’t.