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

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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 unles