THIS Is Why Recurring Revenue Changes Everything | Aaron McCarthy
Notas del episodio
Aaron McCarthy spent 20 years in corporate IT before deciding he was done climbing someone else's ladder.
In 2018 he convinced his wife for them to take a SBA loan and started Maven IT out of a borrowed front office in exchange for free support. No staff. Just him and a laptop.
In this episode we covered:
→ Why he picked recurring revenue as his model before he even had a business
→ How a cold call to a Smoothie King franchisee turned into a 50-location relationship
→ What actually happens operationally when you acquire a business
→ The cybersecurity basics small businesses skip until they get hacked
→ What he's looking for in his next acquisition strategy
Aaron’s got a simple filter: will it produce recurring revenue? Can I improve the operations? Can I learn it myself first? When those boxes check, he moves.
Aaron, thanks for coming in and sitting down on Beyond The Hustle. Appreciate you dude!
Chapters
0:00 - Intro
1:00 - Who Aaron is and what Maven IT does
2:30 - 20 years in corporate and the recurring revenue light bulb
5:05 - Why he bought a commercial cleaning company
6:15 - Transitioning ownership and what he inherited
9:00 - Starting Maven IT at 40 with an SBA loan
12:25 - How the Smoothie King relationship started
15:15 - How the MSP space has changed and where new growth comes from
20:05 - AI, cybersecurity, and what's actually happening in the space
25:34 - What small businesses should do right now about cybersecurity
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