How to Quickly Become a Profitable MSP With Profit First

05/19/23 • 19 min

“It will change your entire outlook on how you run your business.”
MSP owner Lori Hardtke was working hard but barely getting paid—then she implemented the Profit First methodology from Mike Michalowicz. Within 18 months she saw a “night and day” difference in her business, breaking a six-figure personal income for the first time ever. In this frank interview, Lori shares:

The basics of the Profit First methodology
The key that unlocks the true magic of the system
How Profit First works for any MSP at any stage of development
Common misconceptions about getting started
The name of the US bank that’s staffed entirely by Profit First professionals
And more

See the full episode transcript with resource links:
https://www.syncromsp.com/podcast/011

Love Workflow for MSPs? Leave us a review:
https://www.lovethepodcast.com/workflow

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Workflow for MSPs is brought to you by Syncro, the integrated platform for running a profitable MSP. Enjoy PSA, RMM, and remote access in one affordable package. https://www.syncromsp.com

The basics of the Profit First methodology
The key that unlocks the true magic of the system
How Profit First works for any MSP at any stage of development
Common misconceptions about getting started
The name of the US bank that’s staffed entirely by Profit First professionals
And more

See the full episode transcript with resource links:
https://www.syncromsp.com/podcast/011

Love Workflow for MSPs? Leave us a review:
https://www.lovethepodcast.com/workflow

---
Workflow for MSPs is brought to you by Syncro, the integrated platform for running a profitable MSP. Enjoy PSA, RMM, and remote access in one affordable package. https://www.syncromsp.com

Previous Episode

Business Lessons from a $500k Solopreneur MSP

Marvin Bee of MB Systems does just over half a million in annual revenue as a one-technician shop.
We dive into how he does it, including the systems, tools, and supports he uses, and his hard-won learnings from 26 years as an IT support business, including:

3 books that helped Marvin figure out customer service
Why he struggled in the early years, and what he does differently now
What customers really want—and why it’s a lot simpler than you think
When your tech stack will hurt more than help
How to keep your processes running like a well-oiled machine

See the full episode transcript with resource links:
https://www.syncromsp.com/podcast/010

Love Workflow for MSPs? Leave us a review:
https://www.lovethepodcast.com/workflow

---
Workflow for MSPs is brought to you by Syncro, the integrated platform for running a profitable MSP. Enjoy PSA, RMM, and remote access in one affordable package. https://www.syncromsp.com

Next Episode

Is It Time to Upgrade Your MSP Branding?

“I pay attention to experiences."
What’s in a name? For 20-year-old Mad Data, a new name brought happier clients, easier marketing, and better employee recruiting. CEO Mary Hamilton shares the story of her MSP’s brand evolution including:

What drove the decision to change the company name
The massive payoffs they’ve seen from investing in a new name and brand
The importance of brand emotion in driving your company to growth
How to build a consistent experience around your MSP’s name

See the full episode transcript with resource links:
https://www.syncromsp.com/podcast/012

Love Workflow for MSPs? Leave us a review:
https://www.lovethepodcast.com/workflow

---
Workflow for MSPs is brought to you by Syncro, the integrated platform for running a profitable MSP. Enjoy PSA, RMM, and remote access in one affordable package. https://www.syncromsp.com