Ten with Ty - Your Investing Podcast

Dadpreneurs and Financial Freedom with Carl Taylor

• Tyron Hyde • Season 2 • Episode 16

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Entrepreneur Carl Taylor joins Tyron Hyde on "Ten with Ty" to discuss wealth creation, business strategy, and work-life balance for dads. Carl shares insights on his entrepreneurial journey, the success of his digital marketing company, Automation Agency, and the benefits of investing in education and mentorship. He reveals his impressive returns from cryptocurrency investments and offers practical advice for achieving financial freedom. The episode also delves into the importance of setting boundaries to balance family life while running a successful business.

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Throughout the episode, Carl provides an in-depth look at his journey from a teenage software coder to owning a successful marketing automation company, Automation Agency. He also discusses his mission to empower entrepreneur fathers through his Dadpreneur initiative, focusing on work-life balance and personal fulfilment.

The conversation delves into Carl’s wealth creation strategies, exploring unexpected successes such as his passive income achievements from a single blog post and investments in cryptocurrency. Emphasising the importance of strategic business operations, Carl discusses the advantages of automation and AI integration in business processes. The episode is filled with practical advice on investment strategies, the power of education and networking, and valuable lessons learned from navigating both successful and challenging business ventures.

Key Takeaways:

  • Carl Taylor successfully turned a 40-minute blog post into over $840,000 in passive income by leveraging affiliate marketing.
  • Investing in education, mentorship, and networking can provide both substantial financial returns and invaluable professional relationships.
  • Carl advocates the necessity of designing an ideal work-life balance, particularly for business-oriented fathers through his Dadpreneur initiative.
  • Despite experiencing financial setbacks, strategic investments in cryptocurrency yielded Carl an impressive 5,392% return over 14 years.
  • Implementing AI and automation in business enhances operational efficiency and can significantly reduce the time entrepreneurs spend on routine tasks.

Notable Quotes:

  1. "I put about 40 minutes of time to record a video and write a blog Post back in 2014 sharing my views on a piece of software. And that one blog post has made me $840,000 in true passive income."
  2. "From a financial percentage return, [crypto] has been my absolute best investment."
  3. "So we help them (Dadpreneurs) build a business that doesn't rely on them, step out of the day-to-day through automation, team, etc, smart ways of working."
  4. "Financial freedom equals passive income, exceeding your expenses."
  5. "If you can't manage the money that you currently have, why would God or the universe give you more?"

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Tyron Hyde is the CEO of Washington Brown Quantity Surveyors