Dave Hodgdon, Portsmouth Computer Group "Engineering the Perfect Exit "

Published: April 20, 2021, 4 a.m.

Dave Hodgdon is someone who truly believes that a company\u2019s success \u2013 and therefore its owner\u2019s eventual exit \u2013 relies on its people. As the president and founder of PCGIT, an MSP that he began in 1996, Dave has a unique exit strategy that exhibits his faith in his people, ensures his top employees remain with the company, and shows his commitment to making others successful.\xa0

1:08 \u2013 Dave gives us a quick background on Portsmouth Computer Group and how they slowly transformed over the years from a training company to an MSP, to eventually offering security.\xa0

7:09 \u2013 The guys ask Dave how his company has handled the work from home phenomenon over the past year, particularly when it comes to security. Dave details the difficulties they\u2019ve encountered as well as the significant increase in the number of risk assessments they\u2019ve conducted. He shares how his team has managed to maintain a sense of company culture while working remotely, and stresses the importance of fostering community in the workplace.\xa0

13:20 \u2013 Dave shares his incredibly unique, twofold exit and retention strategy. He explains why the venture capital route isn\u2019t right for him and how he\u2019s able to feel like he has more control over his legacy. Dave believes that treating your people like partners is the most surefire way to increase revenue and exponentially grow your company\u2019s value.\xa0

20:00 \u2013 Dave digs into the details of how his plan works, clarifying some points and making it clear that with his approach, he and his people have skin in the game, and both sides end up winning.\xa0

In closing, Dave reminds us that giving the best client experience is the most important thing. He stresses that if there\u2019s an issue that needs to be resolved, or you feel something is off, a phone call or a visit in person is far more effective than an email.\xa0