✈️ Personal HoldCo of Tim Stoddart of Copyblogger

Inside: How to Find Your Purpose in the Business

Author

Yong-Soo Chung
March 06, 2024

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Before we begin… a quick word from our sponsor.

📢 Sponsor: Riverside

Jetsetters, you know that I'm super picky about which sponsors I work with. Well, I'm super happy to have Riverside as our sponsor for this episode. Why? Because I love using Riverside to record all my guest interviews on this show.

Yup, that's right. My producer and I use Riverside as part of our podcast production process.

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🖥️ Tim Stoddart (Copyblogger)’s Personal HoldCo

My friend Tim Stoddart (@TimStodz), owner of the popular Copyblogger brand, has an interesting background. He stumbled into his first business, then built a Personal HoldCo around it!

His story was so similar to mine, I just had to get him on the podcast to share it with us. So, this week, I’m sharing my rich conversation with successful entrepreneur Tim Stoddart.

He discusses his incredible transition from a troubled youth in Philadelphia to a sober entrepreneur with a multi-million dollar Personal HoldCo portfolio.

Today, you’ll learn:

  • 📊 How to Find Your Purpose

  • 💰 How to Effectively Write Online

  • 💡 Three Criteria for Choosing Businesses

  • 🖥️ How to Replicate Models to Build and Scale Businesses

Here’s the Hyper-Visual summary for today’s episode.

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Here are a few juicy excerpts from today’s episode to get you flowing:

Foundation: "I write and I delegate. I write because I think being a good writer is the most valuable skill that you could ever really have. And I delegate because I've learned that as you grow a company, it's the most foundational thing you could ever do." — Tim Stoddart (04:03)

Wealth Creation: "Here's where my head goes. I'm not bored at all. And there's a part of me that thinks you want to get out before you get bored. Right. Because then like you have leverage that you don't need to sell. Like I never want to get in a position where I need to sell something." — Tim Stoddart (21:45)

I promise you this episode is full of incredible insights that I just can't wait to share with you!

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💺 Jetsetter of the Week

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💬 Final Word

My wife’s due date is coming up and we’re both extremely nervous and extremely excited.

We also have two crazy French bulldogs in our household so that’ll be interesting!

I’ve been asking for newborn baby tips from friends and family.

So, why not ask you, my amazing newsletter subscriber?

If you have any newborn baby tips that you think I should know (especially around sleep training!), just hit reply and let me know. I’m all ears!

See you all next week.

Yong-Soo Chung — Serial Entrepreneur, Podcaster

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