SPECIAL: How to own an MSP doing $7m a year

The podcast powered by the MSP Marketing Edge Welcome to this SPECIAL edition of the show, Episode 269, of the MSP Marketing Podcast with me, Paul Green. This week I’ve got the last of my special episodes for you, where you’ll discover how my guest grew his MSP to 450 clients, 35 staff and $7m revenue. How to own an MSP doing $7m a year Featured guest: Steve McNamara is the visionary founder and CEO of DTC, Inc., an MSP that has been a cornerstone of IT support for over 25 years. Established in 1999, DTC began as a small operation focused on serving the dental community, quickly evolving into one of the largest dental IT support companies in the Mid-Atlantic region. Under Steve’s leadership, the company has expanded its reach beyond Maryland to include clients in Virginia, Delaware, and Pennsylvania, now boasting over 450 clients and a dedicated team of more than 35 employees. Steve built DTC from the ground up with his first hire, Scott Leister, who now serves as the DevSecOps engineer. Steve has remained committed to the core mission of making IT work for clients through innovative solutions and meaningful connections. His philosophy of “doing the next right thing” has guided the company through various challenges, ensuring that client needs are always prioritised. DTC has a strong emphasis on values and culture. Steve believes in hiring individuals who align with the company’s core values rather than merely filling roles. This commitment to culture is reflected in initiatives such as hiring a Chief Flourishing Officer and conducting quarterly skill-building sessions and all-hands meetings, where every team member has a voice. This focus on values not only attracts talent but also fosters a loyal and engaged workforce. How would you like to own an MSP doing $7 million a year where you personally do none of the tech work? There’s nothing more motivating than hearing how other MSP owners have built up their business. And in this week’s special episode, you are going to discover how this guy grew to 450 clients, 35 staff, and $7 million revenue. What I think you’ll love is his unique approach to his people and how he’s kept the quality of the tech work really high without having to do any of it himself. Hi, I’m Steve McNamara. I’m the CEO and founder of DTC Inc. We are an MSP here in the Maryland DC, Northern Virginia region of the United States. We’ve been incorporated for a little over 25 years now and serving primarily into the healthcare and dental space, but now moving into the CMMC space as well. And that’s the very short, skinny version of who we are. I love it. Thank you so much for joining us on the podcast, Steve. I think my favourite episodes of this podcast over the last five years or so have been when we’ve had real MSPs on who have shared their stories of how they did it. So you’ve been going, I think you said more than a quarter of the century, what was it that made you start your first business or start this business in the first place? Well, we had a 2 year old son and my wife told me to get a bleeping job. Were you working in it before? Part-time, I actually, I had a health food store in rural county in Maryland and it was failing, but I was more interested in the natural food industry and alternative healthcare than I was tech. I did tech on the side to try to pay the bills and my wife was tired of us not having enough money to pay the bills and to eat. So that’s why she told me to get a real job. I love it. And obviously 25 years on, you’re still here doing tech and you haven’t gone back to natural foods unless that’s some kind of side hustle. So paint...

Om Podcasten

Welcome to Paul Green's MSP Marketing Podcast. If you're a Managed Service Provider (MSP) and want to improve your marketing & grow your business, this is the show for you. It's out every Tuesday on your favorite podcast platform. Since launching in 2019, this has become the world's most listened to podcast about MSP marketing. Host Paul Green is the world's go to MSP marketing expert, and the founder of the MSP Marketing Edge. Every week you'll get really smart ideas to improve your marketing. Plus you'll hear from the best guests, who will help you think differently about the way you attract new clients. You can easily email and chat to the host Paul Green, who answers MSP's marketing questions every week. And there are versions of the podcast on YouTube if you want the full video experience. Paul and his team at the MSP Marketing Edge say their mission for the podcast is to give you practical insights and expert advice to boost your business performance. They provide strategies to help you get more clients, increase your Monthly Recurring Revenue (MRR), and grow your net profit. They know that profitability is crucial, and we're here to help you succeed financially. Running an MSP can feel lonely. If you ever feel lost or overwhelmed, this podcast is for you. Each week it covers key topics for MSPs, offering specific, practical advice tailored to the channel. You will learn effective marketing techniques to attract new clients and grow your business consistently and profitably. Marketing an MSP involves many strategies, from digital marketing to traditional networking meetings. Paul's podcast explores all avenues to help you reach your target audience. The weekly episodes discuss creating compelling marketing materials, using social media effectively, and optimizing your website for search engines. Every episode features special guests, including industry veterans and successful MSP owners, who share valuable insights and real-world experiences. These interviews provide inspiration and practical tips you can apply to your business. Paul Green often talks with successful MSPs about how they are growing their businesses, sharing actionable tips and strategies. The discussions cover finding new clients, increasing revenue, and building service consistency to give you a competitive edge. They also address day-to-day business aspects like recruitment, leadership, and financial management. The goal is to equip you with the knowledge and tools to run your business efficiently and profitably. Topics include attracting and retaining top talent, creating a positive workplace culture, and motivating your team. Business growth is a central theme. In the podcast you'll hear strategies for scaling your business, expanding services, and entering new markets. Paul and his guests discuss the challenges and opportunities of growth, providing practical advice to overcome obstacles and seize opportunities. Innovation is another key topic. Discuss the latest trends in the MSP industry and how to leverage them to your advantage. Topics include digital transformation, cybersecurity, and cloud computing, helping you stay competitive. Though based in the UK, Paul's content is relevant globally. MSP challenges are similar worldwide, and his advice addresses these common issues, regardless of your location. The MSP Marketing podcast offers in-depth discussions about the channel and MSP industry, providing actionable insights and practical advice. Listen each week for expert advice, practical strategies, and insights from industry leaders. Whether you're looking to boost your client base, optimize operations, or increase profitability, the MSP Marketing Podcast supports your journey to success. About Paul Green Paul encourages listener interaction and values your feedback and suggestions. Connect with him through the website, social media, and email to share your thoughts and ideas. Paul Green is a le