In this episode, Charles Weaver delves into the age-old dilemma of competing against Managed Service Providers (MSPs) that drive down pricing. He explores the challenges of negotiating with prospects who are tempted by cheaper alternatives and offers practical advice on how to maintain your value without succumbing to a race to the bottom. Charles shares insights on establishing credibility, educating customers, and the importance of standing firm on pricing to ensure long-term success. Tune in to learn how to position your MSP practice for optimal success in a competitive market.
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25:08
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25:08
Do We Have a Profitability Problem in the Managed Services Profession?
In this insightful episode, Charles Weaver explores why profitability is crucial for Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs). Delve into the financial metrics that define success in the industry and learn how maintaining healthy profit margins ensures sustainability and growth. Charles discusses the challenges faced by service providers and offers strategies to enhance profitability, emphasizing the role of efficient service delivery and strategic planning. Join us to understand how profitability impacts the long-term viability and effectiveness of MSP and MSSP practices.
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28:25
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28:25
Safe Harbor Laws a Game Changer for Managed Services Profession
In this episode, we delve into the critical topics of managed services immunity and safe harbor laws for Managed Service Providers (MSPs). Discover how these legal frameworks protect MSPs from certain liabilities, ensuring a safer operational environment. Join us as we explore real-world examples and expert insights, shedding light on how these laws impact the industry and what MSPs need to know to stay compliant and secure.
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42:00
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42:00
The Hidden Size of the Managed Services Market
This conversation delves into the size and growth of the managed services market, highlighting the disparity between the number of service providers and the actual maturity and capability of these providers. Charles Weaver discusses the financial metrics of the managed services industry, the challenges in defining what constitutes an MSP, and the implications of these factors on the future of the market. He emphasizes the need for more transparency and certification among MSPs to meet the growing demand for managed services, particularly in light of emerging technologies like AI and increasing cybersecurity threats.
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31:02
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31:02
Avoiding Litigation for Managed Service Providers
In this episode, we delve into the critical strategies Managed Service Providers (MSPs) can employ to avoid litigation. Charles Weaver shares insights on the common pitfalls that lead to legal disputes and offers practical advice on implementing best practices, securing robust contracts, and maintaining comprehensive insurance. Discover how to safeguard your MSP business by understanding the three pillars of risk mitigation and learn from real-world scenarios to enhance your operational resilience. Tune in to ensure your MSP is prepared to navigate the complexities of today's legal landscape.
Weekly discussion of news, events, and topics of interest to the global managed services professional community. The series will have the latest and most relevant discussions in managed services and cloud computing, featuring special guests and notable figures in the profession.
Ireland