Welcome to MSP Mastery: Ctrl Alt Deliver Podcast, the podcast for MSP owners and leaders who want to build a better MSP, one that actually works for them.
I am Jeni Clift, joined by my husband and long time business partner, Nick Clift. Together, we unpack what is really working in thriving MSPs, including insights from the trusted partners and peers who support them.
In this episode, we are joined by Abhishek Bhargava, Sales Director at Telco ICT in Melbourne. With more than 16 years of experience across telecommunications and managed services, Abhishek has helped guide the transition of Telco ICT from a telecommunications business into a business focused primarily on managed IT services.
Abhishek shares the story of losing a major client and the impact it had on the business. Rather than allowing the situation to take over, he and his leadership team focused on understanding the financial impact, communicating honestly with their team and creating a plan to bring in new business.
We discuss why losing a large client can become a wake up call for an MSP, particularly when one client represents a significant percentage of revenue. Abhishek explains why MSP owners should work towards dispersing their client base, with no single client representing more than 20 per cent of revenue.
We also explore the importance of stepping away from daily operations, empowering the team and creating the time to focus on business development. The conversation covers client referrals, LinkedIn outreach, local search engine optimisation, email marketing and the importance of maintaining a consistent sales pipeline.
Here is what we covered together:
✅ The risk of relying on a whale client: Why having one client represent too much of your revenue can put the entire business at risk.
✅ Keeping client concentration under control: Why MSP owners should aim to ensure no single client represents more than 20 per cent of revenue.
✅ Turning a setback into a wake up call: How losing a major client can force an MSP owner to focus on the work that needs to be done to grow the business.
✅ Communicating with your team: Why leaders need to be truthful and open when explaining the financial impact of losing a major client.
✅ Moving out of daily operations: How separating from the operational side of the business gave Abhishek and his business partner more time to focus on new business.
✅ Empowering the team: Why trusting the team to take ownership of service delivery can create the space needed for business development.
✅ Creating new conversations: Why MSP owners need to consistently speak with existing contacts, clients and potential clients before they urgently need new business.
✅ Asking existing clients for referrals: Why referrals can be one of the strongest ways to find new clients who are likely to be a good fit for your business.
✅ Finding opportunities within existing clients: How reviewing current relationships can reveal opportunities to support clients with additional services or projects.
✅ LinkedIn outreach: Why personal and thoughtful LinkedIn conversations can be effective, and why automated outreach should be approached carefully.
✅ Local search engine optimisation: How a strong Google Business Profile, genuine reviews and a useful website can help local businesses find an MSP.
✅ The importance of a fast response: Why responding quickly to a new enquiry can make a significant difference when a potential client is comparing several MSPs.
✅ Cold outbound activity: Why outbound marketing is a long term process that requires regular follow up rather than a single phone call.
✅ Delivering client happiness: Why MSPs should focus first on delivering an awesome outcome for the client before focusing on tools and automation.
✅ Reviewing software costs: Why MSP owners should regularly audit their software subscriptions and remove applications that are no longer required or being used.
✅ Making difficult decisions: Why business owners sometimes need to make tough decisions about costs, staffing and client relationships.
✅ Understanding the client relationship: Why MSP owners need to consider the personality, expectations and working relationship of the people they support.
✅ Building a healthier business: How losing a large client can create an opportunity to review the business, improve the pipeline and build a more sustainable client base.
✅ Continuing to innovate: Why MSPs need to keep improving and helping clients understand how technology can support their business.
We created this podcast to share the real conversations and lessons we wish we had more of while running our own MSP, with practical insights from people who understand the challenges of this industry.
Learn more about Abhishek and Telco ICT, or connect with him on LinkedIn.
👉 Read more episode notes here: mspmastery.blog
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