Peter Moriarty built itGenius, a Google-first, cloud-only MSP, from a $20-an-hour teenage side hustle into Australia's number one Google partner for small business. His growth playbook breaks every MSP convention: he serves the under-20-seat clients nobody else wants, buys distressed competitors at 1-2x profit while the market pays 5-8x EBIT, gets 90% of new clients from YouTube organically, and keeps 95% of acquired customers with a "give love" onboarding philosophy. We also get into the AI bot that's already eating his help desk, the labor-arbitrage model behind his "AirAsia of IT" pricing, and why he thinks level-one support is disappearing.
What we cover:
- The origin story: charging $20/hour at 15 because McDonald's paid $7
- Going all-in on Google in 2011 and becoming Australia's #1 SMB partner
- The accidental YouTube channel that now drives 90% of new business
- The M&A playbook: 11+ acquisitions, bootstrapped, at 1-2x profit
- Post-acquisition churn: the "give love" philosophy and the break-lease analogy
- Serving under-20-seat clients profitably: the "MSP Lite" model
- Albert, the in-house AI bot resolving tickets before humans see them
- Why level-one support is disappearing, and what MSPs should do about it
Chapters:
00:00 Cold open: the "give love" churn philosophy
00:33 Intro
01:12 Origin story: teenage IT hustle to founding itGenius
02:42 Picking a lane: going all-in on Google
04:17 Scaling through partnerships and speaking
07:46 How YouTube became the #1 growth channel
10:50 The M&A playbook: buying at 1-2x profit
16:00 Keeping churn low after an acquisition
21:25 Cracking small clients at scale: the MSP Lite model
27:40 Bots eating the help desk
32:48 Staying ahead of Google's own AI
34:20 Quickfire round
40:31 Where to find Peter
Guest: Peter Moriarty
itGenius: https://itgenius.com
Contact: [email protected] (itGenius is actively looking to acquire Google Workspace MSPs)
Play It Smart is where the smartest founders in managed IT, security, and AI show how they actually build. New episodes on YouTube and every podcast platform.