Case Study: Network Essentials

Network Essentials engaged with RedVine Operations in 2021 to kickstart 3 years of phenomenal growth.
Engagement Start Date: 2021
Engagement End Date: Ongoing

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Key Metrics

Using RedVine’s coaching and lead generation programs, Network Essentials grew from $1.3m to $4.1m in just three years (compounded annual growth rate of 47%) while also growing EBITDA by over 870%!

$1.3m to $4.1m

Annual revenue growth in just 3 years

47%

Compounded annual growth rate

870%

EBITDA increase

The Challenge

  • The day-to-day grind of support and client emergencies hindered Network Essentials’ ability to grow.
  • The team struggled to understand their role and everyone seemed to wear many hats.
  • They had trouble measuring profitability much less generating it.

The Solution

  • RedVine Operations implemented their MSP Growth Program.
  • This program included one-on-one coaching, group facilitation to unify the leadership team, help define roles; implemented necessary change to get everyone focused on their “highest and best use.” 
  • After that, the team engaged RedVine again to implement their MGEN Managed Lead Generation Program.

HEAR FROM NETWORK ESSENTIALS

"We found that as we progressed as a leadership team, our revenue and profit started to grow. Using RedVine, we were able to scale the business and go from six total staff members to over twenty. We went from $1.3mm per year in revenue to $4.1mm per year in just three years. Our EBITDA grew 870% in that same three years. I have nothing but good things to say about the company and the process.”
Doug
MSP COO

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