A monthly subscription business is the best type of business.
October 27, 2024
by a professional from The University of Texas at Austin - Red McCombs School of Business in Austin, TX, USA
Funny enough, any business can be like this. Even IT managed services. 3 words
Monthly Recurring Revenue.
This is HUGE for IT firms.
The more MRR, the less you worry about winning new clients and keeping the business afloat.
Make it easy for yourself. Invest in clients that keep coming back.
Build a moat to protect yourself from the inevitable ups and downs, economic cycles, surprises, all the other drama you can expect as a business owner.
from Miami University of Ohio in Chicago, IL, USA
from The University of Texas at Austin in Austin, TX, USA