You are not imagining it. It’s getting emotionally spongey out there for MSPs processing the current economy. In this blog and podcast, I document this assertion with “facts” from Canalys analyst Jay McBain and ConnectWise/Service Leadership EVP Peter Kujawa in his new research (stick with me and listen to our podcast about this matter). 

First - Jay McBain’s take. His team has documented using their research methods. I really don’t curate content ala “copy and paste” but I do the old CTRL-C and CTRL-V this time ‘cause I couldn’t say it any better if I tried: 

The expert panel discussed the 2025 forecast, focusing on key topics including DMARC, Microsoft Action Pack deadlines, and sustainable technology. Andre Leroux emphasized the importance of DMARC for email deliverability, highlighting the need for SPF, DKIM, and DMARC records. Alex Fields and Nakia Carter explained the transition from Microsoft Action Pack to new partner benefits, including cloud and on-prem software licenses, CRM, and marketing tools. They also discussed the challenges and benefits of AI, particularly Co-Pilot, in enterprise and SMB environments, stressing the need for proper training and data protection.

Before we get into the good stuff this holiday season and hear from Parker McCloud at the Back Country Cannabis in the ski town of Crested Butte has shared an interesting factoids:

State of Colorado cannabis sales are down 40%. One reason for this is that there are many more options with more state now recreational leisure such as New Mexico.

Nationally McCloud asserts the industry is healthy in the new legal states such as Michigan.

Awright – fasten your seatbelt and let’s get started.

Harry Brelsford, in Crested Butte, Colorado, visits Back Country Cannabis https://backcountrycannabis.com/crested-butte/ , owned by Parker McCloud. Parker shares his journey from general manager since 2012 to now being the fifth owner. They discuss the local tourism ebb and flow, noting a decline in winter visitors and increased summer tourism. Parker highlights the impact of altitude on cannabis consumption and the national cannabis industry's growth, citing states like Michigan and Missouri. They also touch on the potential for widespread cannabis availability, akin to gambling's expansion. The conversation ends on a light note with a reference to the TV show "Cheers."

Neither rain nor darkness or sniffles/colds (going around here) kept the loyal and dedicated group of geeks from our 2nd Annual Geek Holiday Party on December 4th!

So just a short shoutout via the pic below recognize the geeks on the loose at the gathering...a few hours of chatting and good food.

So why bother? For a couple reasons.

Howard Cohen discussed the importance of understanding costs in MSPs, emphasizing that many fail to accurately compute their costs, which impacts profitability. He highlighted the shift towards specialization in MSP services, similar to the medical field, and the need for MSPs to partner with specialists for non-core services. Cohen also stressed the importance of effective marketing, advocating for networking and community building over traditional methods like email blasts. He advised MSPs to focus on their core strengths, often their own expertise, and to consider themselves as professional practices rather than just businesses.

We can learn a lot from our bruthas and sistas in the fast-paced world of finance and borrow//beg/steal those best practices as we enjoy (yes - enjoy) the final days of 2024. ‘Tis the season to engage in year-end portfolio adjustments. The analogy is solid while the tactics may be different: This might include tax trades such as liquidating losses or locking in gains in equities v MSPs looking to fire annoying and unprofitable clients. 

Firing Your Client Funny: Did you know that the first week after the holiday season (early January) is THE biggest divorce week of the year on the personal side after couples “stay together for the holidays for the children.” Happy client divorce often means a happy MSP life. LOL. Most of us get hired quickly by our small and medium business (SMB) clients but fire them too slowly.

 At IT Connect 2024 in Orlando, AUVIK, a network and SaaS management company founded in 2011, discussed their focus on "frictionless IT." AUVIK's president oversees customer acquisition, onboarding, and success, while Joe Barnes, based in Scottsdale, focuses on growing indirect partnerships and expanding resale business. AUVIK plans to launch endpoint network monitoring and enhance SaaS management automation in 2025. They emphasize their strong partnership with ConnectWise and the integration of their tools into ConnectWise's ASIO platform. AUVIK sees a resurgence in MSP growth post-COVID and is exploring additional events and lunch-and-learns to engage their community.

Action Items

  • [ ] Explore doing additional lunch and learn events.
  • [ ] Continue developing partnerships and exploring new channel opportunities.
  • [ ] Enhance Auvik's SaaS management platform with more automation for customer onboarding and offboarding.
  • [ ] Expand Auvik's network monitoring capabilities to include endpoint monitoring.

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