168-The Profit Potential of Niche Industry Conferences: Interview with Philip Taylor of PTMoney.com and FinCon
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 18 March 2015
⏱️ 75 minutes
🧾️ Download transcript
Summary
I've brought you some shows on the concept of advancing your career by attending industry conferences.
But what about getting a double bonus by organizing the conference yourself? That way you get all the benefits you would get from attending but you get the added bonus of becoming an industry leader.
Plus, perhaps you can make some money on the event!
My guest today is Philip "PT" Taylor, founder of http://ptmoney.com/ and http://finconexpo.com/. PT started working as a CPA, transitioned to full-time financial blogger, and ultimately created one of the most well-loved financial conferences: FinCon.
The interview is a complete discussion of:
- PT's personal finance story and his journey out of debt.
- How he transitioned from working as a CPA to working as a full-time blogger.
- Where the idea for the Financial Blogger's Conference (FinCon) came from.
- How he financed the initial transition.
- How much money he made in the early years and the most recent year.
Enjoy the discussion!
Joshua
Links:
- PT's website: http://ptmoney.com/
- Details for a ticket to FinCon: http://finconexpo.com/
- Details of PT's first year of self-employment: http://ptmoney.com/self-employment-a-year-later/
- Support Radical Personal Finance: http://radicalpersonalfinance.com/patron
Transcript
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| 0:00.0 | Radical Personal Finance operates under the principles of crowdsourcing and crowdfunding. |
| 0:05.1 | Basically it works like this. |
| 0:06.4 | I create the show here with a complete and undeluded focus on you, the audience, trying |
| 0:12.4 | to bring you content that is helpful and in fact life |
| 0:16.6 | changing, and then I give you the opportunity to voluntarily return value for value. For details on how you can do that |
| 0:25.8 | and all of the additional benefits you receive, please go to radical |
| 0:29.4 | personal finance.com slash patron. Today on the show we talk about the business model of conferences. We're going to |
| 0:39.4 | dig into the story behind the FinCon Conference formerly known as the Financial Bloggers Conference, with Philip |
| 0:46.9 | Taylor, founder of FinCon and also his original personal finance blog, PT money.com. Welcome to the Radical Personal Finance Podcast. My name is Joshua Sheets. Today we dig into the money-making |
| 1:15.1 | potential of conferences because there's always a flip side. Remember I've talked |
| 1:19.2 | about the benefits of going to conferences. What about the benefits of going to conferences. |
| 1:22.7 | What about the benefits of actually creating conferences? |
| 1:26.9 | That's what we're going to talk about today |
| 1:28.1 | because there are a lot of benefits, |
| 1:29.6 | both financial and otherwise. And we're talking to the expert. |
| 1:34.0 | Philip Taylor is the founder of the FinCon conference. I was called FinCon, but it seems like it needs something more. FinCon conference. |
| 1:50.0 | Formerly the Financial Bloggers conference, he rebranded it from the financial bloggers to |
| 1:53.8 | FinCon to account for the larger growth of financial media things like financial |
| 1:57.8 | podcasts etc and FinCon is going into its fifth year this year and it is widely regarded in the |
| 2:06.2 | personal finance community as an excellent conference very fun very |
| 2:10.5 | worthwhile I went last year for the first time and thoroughly enjoyed it. |
| 2:15.1 | You saw that reflected in the content of the show. I mean there were dozens of interviews and |
... |
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