The BMK Vision Podcast
"I didn't get into this company to pay myself less." That was the disdainful read from one partner in a three-person MSP partnership when the advice came up to cut owner W-2 and tie additional comp to profit. In this Roundtable episode of The BMK Vision Podcast, Josh Peterson and Gary Boyle take the position apart and walk through why the cut is not punitive — it's diagnostic. The W-2 floor that covers the owner's household nut is the same floor that mutes every signal the P&L is sending. Year after year of substandard profit becomes background noise because the W-2 number keeps moving. At some point the owner forgets how the business actually makes money. The cut is the only thing that makes the next unbilled hour, the next un-captured product cost, the next half-point of service salary feel real again. Gary's reframe lands harder underneath the math: are we actually owners — or employees who happen to own the company? 🎙 What We Cover in This Episode - Why owner-comp conversations always get uncomfortable — and what the discomfort is actually about - The W-2 floor that covers the nut and mutes the P&L - Josh's BMK confession — "you've forgotten how your business makes money" - The write-off mindset and the 35% reality most owners get wrong - The 33% service-salaries lever — bombastic for years, ignored because of the $12K paycheck - "I could go make 300K" — the math owners assert but never run - The recapture-the-signal exercise — the cut paycheck as diagnostic - Are we actually owners — or employees who happen to own the company? - The sub-$3M owner-as-billable-resource trap - "You didn't build this company to pay yourself — you built it to actually build something" ⸻ 👤 Host Links Josh Peterson: https://www.linkedin.com/in/joshdpeterson/ Gary Boyle: https://www.linkedin.com/in/garyboyle/ ⸻ 🚀 Subscribe & Follow BMK Vision YouTube: https://www.youtube.com/@beringmckinleyvision?sub_confirmation=1 Vision Platform: https://beringmckinley.com/vision Apply to Be a Guest: https://beringmckinley.com/blog#speaker-form ⸻ 🔎 SEO Keywords MSP owner compensation, MSP owner pay, MSP W-2 vs distribution, MSP partnership comp, MSP P&L discipline, MSP under 3 million, MSP roundtable, BMK Vision Podcast, Bering McKinley 📝 Credits Host: Josh Peterson Co-Host: Gary Boyle Producer: Bering McKinley Episode: #104 - "I Didn't Get Into This Company to Pay Myself Less."
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