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“Expect that Your Business Model Will Need to Change Every Few Years” with Drew Morrisroe, founder and CEO, CTN Solutions

Growth Strategy: Business Model
Industry: IT

Hear how Drew Morrisroe and CTN Solutions increased their gross revenue 25% in 2010 while changing from a labor-intensive business model to a recurring revenue model. Learn how to handle skeptical customers, resistant employees, reduced trust during the down economy, security and risk issues, and interrupted productivity.

Also, hear how philanthropy and service in Bosnia continues to play a key role in Morrisroe’s life.

Guests
Drew Morrisroe

Drew Morrisroe founded CTN Solutions, Inc. in 1997 to provide IT services to companies with less than 1,000 computer users. The company has expanded to provide virtual/hosted services, managed services, and IT staff augmentation. CTN helps their clients understand IT from a strategic perspective as a tool to meet their business goals and objectives.

In recent years, CTN has experienced phenomenal growth, as the need for reliable and skilled IT providers remains strong. For four consecutive years, CTN has been listed in the Philadelphia 100 fastest growing privately held companies sponsored by the Philadelphia Business Journal and the Wharton School Small Business Development Center.

Drew’s current board service includes the Board of Trustees of Philadelphia University, the Mid Atlantic Employers Association, the Youth Work committee at the Union League of Philadelphia, and the San Miguel School of Camden.

Drew has received a number of awards in recognition of his business and civic leadership. Philadelphia University awarded him the Philip Elkin award for business leadership in 2007. In 2005, Drew received the distinction of “40 under 40” in Philadelphia, a group of 40 young professionals recognized annually for their roles in the business and civic community. Drew was presented HOBY’s Alumni Achievement Award in 2006 in recognition of his work to serve youth throughout the world.

He received Bachelors’ degrees in Information Systems and Finance from Philadelphia University in 1996 and a Master’s of Business Administration in International Business from Philadelphia University in 1999. He serves as an adjunct professor of international business, entrepreneurship, and information technology at Philadelphia University and St. Joseph’s University. Drew is a member of the Union League of Philadelphia and the Pyramid Club. He resides in Lafayette Hill, Pennsylvania.


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Air Dates
03/13/2012
04/26/2011