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2 min read

Reporting vCIOs in Australia

By Dr Peter Torbagyi on Jul 10, 2015

As part of our work with companies in the process of implementing virtual CIO services we are interested in the general vCIO movement worldwide. So we’ve created a series of research discussions country by country.

Although the largest vCIO movement is resident in the U.S.A., we also observe distinct trends in other countries where the movement is under way. Having looked now at Canada and New Zealand, let's travel to Australia and see where the vCIOs reside down under.

Topics: vCIO Managed Services Providers Virtual Chief Information Officer Virtual CIO CIO
3 min read

Reporting vCIOs in New Zealand

By Dr Peter Torbagyi on Jul 2, 2015

As part of our work with companies in the process of implementing vCIO services we are interested in the general virtual CIO movement worldwide. So we’ve created a series of research discussions country by country.

Although the largest virtual CIO movement is driven by the US, we think it’s important to have a global perspective so we try to present trends of other countries where the movement is visible. After Canada, let's travel to New Zealand and see how the kiwi vCIOs live.

Topics: vCIO Managed Services Providers Virtual Chief Information Officer Virtual CIO CIO
2 min read

Reporting vCIOs in Canada

By Dr Peter Torbagyi on Jun 22, 2015

We work with a variety of companies that are implementing vCIO services, and think it’s important to have a perspective on the general vCIO movement worldwide. We have thus created a series of research country by country.

Although the largest vCIO movement is driven by the US, we are starting this series of analysis on our home soil. So let’s see how the Virtual CIO movement is doing in Canada.

Topics: vCIO Managed Services Providers Virtual Chief Information Officer Virtual CIO CIO
4 min read

The secret to making money for IT consultation

By Denes Purnhauser on Jun 19, 2015

We have been using a very basic management tool called the 10 Point Exercise, where the goal is to channel client issues into a defined consulting "product" rather than just having discussions pro-bono….getting people together to ask specific questions, getting everything out on the table and developing a plan. It’s easy to learn and it turns IT tech guys into business advisors in 20 minutes.  Most importantly though it let them charge for their knowledge instead of giving it away. Let's see how...

Topics: vCIO Managed Services Providers IT Management Virtual Chief Information Officer MSP Virtual CIO CIO IT Consultative Sales
1 min read

Escape the free-advice MSP trap once and for all

By Myles Olson on Jun 19, 2015


Have you ever been asked for IT advice with the expectation that it comes free of charge, and even takes time away from your paying work? Of course you have. The moment it’s discovered that you know about technology you become the go-to guy for reliable “free” advice.
 
Worse, this isn’t limited to friends and family. Your clients are doing it too, and you let them because you’re a kind person who’s passionate about helping people and savvy with technology, and the people asking aren’t consciously trying to steal your time. The problem is once you’ve set this precedent with your clients it becomes difficult to shed the expectation you’ll help for free.
 
You may also be needed to give advice on IT you know works and should be implemented, but aren’t the expert on. How do you charge for advice about something you can’t explain like the engineer who made it? The vCIO 10 point exercise is your solution! Find it here and take part in the video Q&A for more information.
Topics: vCIO Managed Services Providers Virtual Chief Information Officer MSP Virtual CIO CIO
4 min read

Why do most professionals charge for advice while we MSPs do not?

By Denes Purnhauser on May 25, 2015

Isn't it a bit perplexing that doctors and lawyers can ask for $400 per hour for any and every consultation, but IT service providers are too shy to ask for $200 for their expert advice and often just give it for free? Why is the highest possible value MSPs give to the clients so devalued? Let's investigate this discrepancy and check out a couple quick tips for a solution. We are going to take a cue from Dentists.

Topics: vCIO IT Sales Person Virtual Chief Information Officer IT Sales MSP
4 min read

Proactive Customer Development: Leverage your QBRs

By Denes Purnhauser on May 5, 2015

Most IT managed services providers are quite proud of how proactive they are, especially in terms of technical services like maintenance, antivirus, warranty, etc. However, if we look at their client's IT savvy, operational maturity, and  IT enablement, this is less true. Here are four easy tips to leverage Quarterly Business Reviews and implement the proactive mindset on a higher level.

Topics: vCIO IT Sales Person Virtual Chief Information Officer IT Sales MSP Virtual CIO CIO QBR Quarterly Business Review
6 min read

The 6 Reasons MSPs Tend to Over-Deliver

By Denes Purnhauser on Apr 22, 2015

One of the most common laments we hear from IT managed services providers is over-delivery of too many different services. They feel they serve their clients more than needed and the services go unused by the clients. Account managers end up doing more IT consulting than they should, demands for IT consultation are unlimited, and the IT company invests time on IT projects that never start. Here we delve into the root of the problems and learn what to do about them!

Clients will start with questions like “What is the best application for this problem? Why are people not productive? How do we manage various IT related vendors?”, etc. However most IT companies do not have the right model for IT consultancy, and try to address those needs without a viable revenue model.

The result of over-delivery is diminished return on service investment. Not only do we do too much but at the same time we set unreasonable expectations with the client. We teach them that we do it for free, or that any request is covered already, and that blocks our ability to implement a profit model, if we even have one.

Let's quickly see the six causes of over-delivery and review a solution.

Topics: vCIO IT Sales Person Virtual Chief Information Officer IT Sales MSP Virtual CIO CIO IT Consultative Sales
6 min read

The 5 Levels of vCIO Operational Maturity

By Denes Purnhauser on Jan 30, 2015

The Operational Maturity segmentation makes a lot of sense when trying to understand where to go with vCIO services and which next possible steps to take.
It demonstrates the current maturity of services in a descriptive way, explains the differences, and provides hints and tips toward the next step.This article demonstrates how to proceed as a virtual CIO with respect to levels of operational maturity.

Topics: vCIO Managed Services Providers Virtual Chief Information Officer Business Building for IT Companies MSP Virtual CIO CIO
2 min read

Build your MSP with the help of virtual CIO services

By Myles Olson on Jan 14, 2015

Colin Knox is a true entrepreneur in the managed services provider industry. He’s been operating a very mature and well-polished boutique managed services provider in Calgary, Canada.

He’s also been recognized by Penton Technology Group in the ‘MSP Mentor 250’ which lists the best of the best managed service provider executives, entrepreneurs, experts, coaches and community leaders.

Colin’s service philosophy involves helping people grow and to that end giving them a chance to learn and develop into virtual CIOs. His business growth focuses on high level services.

Topics: vCIO Managed Services Providers Virtual Chief Information Officer Business Building for IT Companies MSP Virtual CIO CIO Implement New IT Services
2 min read

What is the one business skill MSP leaders can teach their clients?

By Denes Purnhauser on Dec 23, 2014

Transitioning into the role of trusted advisor can be difficult even to get started. Most MSP leaders are more comfortable discussing technology rather than business. That’s part of the reason we work in IT in the first place. But it’s time to step out of that technology comfort zone.
 
There must be a way “tech” people can engage in business conversations with non-technical prospects and clients. There is vast opportunity for MSP leaders to leverage their natural business acumen and become trusted advisors, in some specific areas.
 
One of these often overlooked areas is how to ship or deliver their products and services in a profitable way. Imagine that?! One of the most important yet overlooked aspects of a business is one that defines profitability.
 
But why is an MSP leader always better here than most of his clients?
Topics: vCIO IT Sales Person Virtual Chief Information Officer IT Sales MSP Virtual CIO CIO IT Consultative Sales
2 min read

What makes a good vCIO?

By Denes Purnhauser on Dec 3, 2014

Typically there is a certain type of personality that is best suited to the vCIO role.

  • They have some consultative background.
  • Their “down to earth” mentality suits working with small to medium business.
  • They tend to be systematic, process-oriented thinkers.
  • They understand how to put technology solutions into a business solutions context.

Chances are you possess many if not all of these traits. But who else on your team also fits the role? The idea here we’re looking at here is nurturing and developing ideal vCIO candidates to build a hyper-successful MSP in the modern marketplace - something one can't do alone. Let’s take a look at what that will require. 

Topics: vCIO Managed Services Providers Virtual Chief Information Officer MSP Virtual CIO CIO Implement New IT Services
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