Where is the Market: Where do I sell my MSP Practice?

Overview: In this episode of the SMB Community Podcast, hosts James and Amy discuss the viability of selling small MSP practices, emphasize the growing market for small MSP sales, and suggest dual strategies for business growth through acquisitions and marketing. The conversation covers Berkshire Hathaway CEO Warren Buffett's step down and the impact of AI on the job market. They also highlight updates in Microsoft Windows 11 and new features in the Office suite. Lastly, the hosts introduce 'Fizz,' a new party planning app by Instacart, tailored for shared orders and delivery, aiming to simplify gatherings. 1. Warren Buffet is stepping down as CEO of Berkshire Hathaway – will remain chairman Berkshire Hathaway is preparing for its first leadership change in 60 years after 94-year-old Warren Buffett announced that he will step down as CEO at the end of 2025 2. AI Trends -- 95% CIOs increasing spend on AI tools 39% let go employees and 55% regret it… This is a HUGE opportunity for MSP's to learn/market AI as a service 3. Microsoft updates: Windows 11 update and Office a after book https://www.msn.com/en-us/money/other/microsoft-to-preload-word-minutes-after-boot/ar-AA1E0qSB --- Chapter Markers: 00:00 Introduction and Welcome 02:18 MSP Question of the Week 08:36 Warren Buffett Steps Down 12:02 AI Trends and Impacts 17:47 Microsoft Updates 20:24 Fun with New Apps 23:08 Conclusion and Sign-Off --- New Book Release: I'm proud to announce the release of my new book, The Anthology of Cybersecurity Experts! This collection brings together 15 of the nation's top minds in cybersecurity, sharing real-world solutions to combat today's most pressing threats. Whether you're an MSP, IT leader, or simply passionate about protecting your data, this book is packed with expert advice to help you stay secure and ahead of the curve. Available now on Amazon! https://a.co/d/f2NKASI --- Sponsor Memo: Since 2006, Kernan Consulting has been through over 30 transactions in mergers & acquisitions - and just this past year, we have been involved in six (6). If you are interested in either buying, selling, or valuation information, please reach out. There is alot of activity and you can be a part of it. For more information, reach out at kernanconsulting.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.