Can MSPS Do Security & Make More MRR? Deep Dive With Qumulex

Join Harrison Baron from Growth Generators as he explores how MSPs can boost recurring revenue with Qumulex's innovative cloud-native security solutions. Featuring Josh Bowman and Aaron Newman from Qumulex, this episode reveals how their unified video surveillance and access control platform enhances MSP offerings, simplifies operations, and drives profits.
Key Takeaways:
Unified video and access control in one seamless interface.
Works across multiple devices for ultimate flexibility.
Ideal for MSPs looking to increase recurring revenue.
Discover how integrating Qumulex can transform your MSP business. Watch now!
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[@deceptionthegamer5791]

My bussiness plan was I start an msp company that is based on subcontracting where i offer all services for all industries but threw subcontracting speaclized msp industries. Where i dont have any cost because the money i will recieve from a bussiness to offer a service will use it to pay for the subcontractor and should act basically as a salesmen only. Do you think its a good idea? Do you have any advice on it?

[@growthgenerators]

Thanks for sharing your business plan! I think your idea of subcontracting specialized MSP services is an interesting approach. By acting as a sales intermediary and connecting clients with the right providers, you can offer a wide range of expertise without the high costs of maintaining a large team. Here are a few tips to help you make this work:
Reliable Partners: Make sure to partner with high-quality, reliable MSPs. Your reputation depends on their performance, so choose subcontractors you can trust to deliver excellent service consistently.
Clear Agreements: Draft detailed contracts with your subcontractors that outline service levels, response times, and payment terms. This will help manage expectations and reduce the risk of misunderstandings.
Value-Added Services: Think about how you can add value beyond just connecting clients and subcontractors. Excellent customer service, project management, or acting as a single point of contact can make a big difference.
Profit Margins: Be mindful of your pricing structure. Ensure there's enough margin between what you charge clients and what you pay subcontractors to cover your operational costs and generate a profit.
Client Relationships: Maintain strong relationships with your clients. Regular check-ins to ensure they're satisfied with the services provided and addressing any issues promptly can help build trust and loyalty.
Scalability: Consider how your business model can scale. As you grow, managing multiple subcontractors and client relationships can become complex. Implementing efficient systems and processes will be key to handling this growth.
Best of luck on this! I would also consider joining MSP HEROES so we can sit down regularly and go over where you're at at why you might be struggling with!

[@deceptionthegamer5791]

@@growthgenerators thank you for the reply I really appreciate your advice. I will be soon implementing it in my new IT company. For sure joining MSP Heroes is my first step.

[@growthgenerators]

@@deceptionthegamer5791 love it best of luck and excited to have you!