As most MSPs already know, growing your business is not easy. In 2020’s climate of rapid technology advancement, there’s even more to MSP success than ever before, and many find themselves burning the candle at both ends. It requires time, effort, perseverance, and the right partners in place to help facilitate growth. To get ahead, stay ahead, and avoid burning out, you need two things: recurring revenue and a healthy work/life balance.
Where can I find a consistent source of recurring revenue?
According to Datto, over 80% of MSPs report a portion of their revenue is derived from recurring services. That’s a large number of your competitors that have already figured out the first key component of success. How do you join them?
Monthly recurring revenue (MRR) is necessary to see an increase in sales without burnout. MSPs can gather more MRR by selling cloud phones and hosted VoIP. Small businesses – especially those with fewer than 20 employees – need cloud phones, and many are at the stage of actively searching for the right solution. Now’s the time for MSPs to capitalize. If you’re only selling IT services, you’re missing a large piece of the puzzle.
What about work/life balance?
It’s no surprise that the top two pain points for MSPs are marketing and sales followed by work/life balance. These issues are related because MSPs spend so much time on marketing and sales to keep revenue coming in.
D3UC alleviates the pain of sales and marketing for our MSP partners. We’ve built a storehouse of material that our partners can use to bring our white-label, cloud-based phone solution to their customers. We’ve even devised a playbook that walks them through everything from marketing strategies to sales to nurturing new cloud phone customers.
A smart, well-executed marketing strategy leads to more sales. D3UC’s resources take you further and enable you to be your customer’s resource for any Tier 1 needs. We handle all Tier 2 and Tier 3 requirements, and soon, you start seeing checks in your mailbox. When you add in the MRR from selling cloud phones, your business will start seeing more revenue without extra work.
So what’s the real secret to finding work/life balance as an MSP? Selling cloud phones with a partner that hands you the resources without the headache.
When you partner with D3UC to sell our white-label VoIP solutions, you get much more than a superior product. You get marketing guidance and become your customers’ go-to for both IT and voice. Get in touch with D3UC, and we’ll help you find the work/life balance you’ve been looking for.