255. Kirsten Tyrrel Interviews Tara about personal growth, the trials of pursuing entrepreneurial dreams, and finding balance between business success and individual well-being.
11/21/23 • 59 min
In this episode from the Millionaire University, Tara Williams opens up about her successful journey that took her from earning $40,000 a year to making a seven-figure income as an entrepreneur. By building and selling businesses, Tara and her husband Justin have been able to afford both financial stability and lifestyle flexibility, even allowing them to travel the world with their children while conducting their latest venture, Millionaire University, a platform created to educate and inspire budding entrepreneurs.
The podcast also brings on Kirsten Tyrell, a friend, recurring guest and an entrepreneur inspired by the Williams' journey. The conversation revolves around the challenges and triumphs of pursuing entrepreneurial dreams, finding balance between business success and personal well-being, and the importance of continually pushing oneself out of their comfort zone.
Tara explains how their entrepreneurial journey has not only brought financial rewards but also personal growth and an understanding that true happiness comes from within, not just financial success.
In this episode we discuss...
00:00 Introduction and Personal Journey
00:16 Traveling in New Zealand
00:52 Guest Introduction: Kirsten Tyrell
01:20 Guest Introduction: Tara Williams
04:40 Tara's Traveling Experience
06:24 The Decision to Sell Everything and Travel
08:35 The Challenges and Rewards of Travel
09:45 The Impact of Travel on Personal Growth
25:39 The Journey to Financial Freedom
27:47 Starting a New Business: Millionaire University
29:27 The Courageous Journey of Entrepreneurship
29:36 The Exponential Growth of Business
30:21 The Birth of Millionaire University
31:41 The Power of Entrepreneurship
32:06 The Journey of Homeschooling and Entrepreneurship
34:32 The Evolution of Millionaire University
35:10 The Impact of Entrepreneurship on Personal Growth
36:58 The Power of Decision Making
42:51 The Role of Money in Personal Growth
47:34 The Journey of Self-Discovery and Entrepreneurship
50:16 The Wisdom Gained from Entrepreneurship
51:39 The Future of Millionaire University
In this episode from the Millionaire University, Tara Williams opens up about her successful journey that took her from earning $40,000 a year to making a seven-figure income as an entrepreneur. By building and selling businesses, Tara and her husband Justin have been able to afford both financial stability and lifestyle flexibility, even allowing them to travel the world with their children while conducting their latest venture, Millionaire University, a platform created to educate and inspire budding entrepreneurs.
The podcast also brings on Kirsten Tyrell, a friend, recurring guest and an entrepreneur inspired by the Williams' journey. The conversation revolves around the challenges and triumphs of pursuing entrepreneurial dreams, finding balance between business success and personal well-being, and the importance of continually pushing oneself out of their comfort zone.
Tara explains how their entrepreneurial journey has not only brought financial rewards but also personal growth and an understanding that true happiness comes from within, not just financial success.
In this episode we discuss...
00:00 Introduction and Personal Journey
00:16 Traveling in New Zealand
00:52 Guest Introduction: Kirsten Tyrell
01:20 Guest Introduction: Tara Williams
04:40 Tara's Traveling Experience
06:24 The Decision to Sell Everything and Travel
08:35 The Challenges and Rewards of Travel
09:45 The Impact of Travel on Personal Growth
25:39 The Journey to Financial Freedom
27:47 Starting a New Business: Millionaire University
29:27 The Courageous Journey of Entrepreneurship
29:36 The Exponential Growth of Business
30:21 The Birth of Millionaire University
31:41 The Power of Entrepreneurship
32:06 The Journey of Homeschooling and Entrepreneurship
34:32 The Evolution of Millionaire University
35:10 The Impact of Entrepreneurship on Personal Growth
36:58 The Power of Decision Making
42:51 The Role of Money in Personal Growth
47:34 The Journey of Self-Discovery and Entrepreneurship
50:16 The Wisdom Gained from Entrepreneurship
51:39 The Future of Millionaire University
Previous Episode
254. 6 Steps to Becoming a Freelance Copywriter
Becoming a Freelance Copywriter: Six Essential Steps
Copywriting is an AMAZING option for starting your own work-from-home, freedom-fulfilling job, but not enough people know about it! Copywriting is everywhere and utilized in some fashion by EVERY company (even if we don't realize it). There are so many different avenues in copywriting -- different ways to leave your mark and do incredible work for so many different people, companies, or brands.
In this episode, we are joined by professional copywriter Sara Estes, the head copywriter at StoryBrand. Sara pops the lid on the copywriting industry and shares her 6 steps to how you can go from a copywriting zero to a copywriting hero and business owner in fairly short order. Let's go!!
Be sure to check out this episode in article form as well!
00:01 Introduction and Guest Introduction 00:52 Understanding Copywriting and Its Importance 02:09 Guest's Journey into Copywriting 03:57 Six Steps to Becoming a Freelance Copywriter 04:06 Step 1: Educate Yourself in Copywriting 13:05 Step 2: Build a Portfolio in Google Drive 16:42 Step 3: Start Putting in the Reps and Getting Testimonials 22:21 Step 4: Start Taking Yourself Seriously 23:55 The Importance of Taking Yourself Seriously 24:21 Organizing Your Work: Project Management Systems 25:01 Effective Tools for Communication and Planning 26:31 The Power of Personal Connection in Copywriting 28:49 The Role of Sales in Your Copywriting Business 31:35 Overcoming Sales Challenges: Personal Experiences 38:04 Building Authority Through Content and List Building 43:58 Final Thoughts and Recommendations
Next Episode
256. How to Make KILLER Returns on Passive Investments and Save BOATLOADS of Money on Taxes!
Podcast Summary
In this episode, Justin Williams and Derrick Williams explore strategies for getting the most out of passive investments and maximizing tax savings on investment and income returns. They also share personal experiences and lessons learned from various investment opportunities, particularly in real estate. They delve into the importance of due diligence in investing, utilizing tax benefits, depreciation, syndications, and 1031 exchanges. Throughout the discussion, caution is emphasized on the high levels of risk associated with investments, and the need for individual research and decision-making. Approaches to future tax planning and tax-related implications of investments are also discussed extensively.
Disclaimer: The following is for informational/educational purposes only. We do not claim to be tax or legal professionals and the information should not be taken as such advice into what you should do in your personal situation. Always consult your personal CPA or Attorney. All investments have risk. Past performance does not indicate future results. Never invest what you can't afford to lose. Some of the things talked about in this episode are things we're just looking into and still learning on our own. Nothing should be taken as factual without doing your own due diligence. Links shared here are only for convenience purposes but please do your own due diligence before considering working with anyone.
Links and resources from this episode
https://www.7figuremultifamily.com/
https://zonacapitalgroup.com/
https://odcfund.com/
Podcast Time Stamp
00:00 Introduction and Disclaimer
01:16 Welcome to the Millionaire University Podcast
01:24 The Importance of Investing and Growing Your Business
01:50 Sharing Investment Experiences and Opportunities
02:51 Invitation to Derrick for Sharing His Investment Strategies
04:41 Derrick's Investment Journey and Strategies
05:19 Exploring Different Investment Opportunities
06:08 Understanding the Concept of 1031 Exchange
07:36 Investing in Open Door Capital
09:58 Understanding the Concept of Syndications
13:03 Strategies to Save on Taxes
16:34 Investing in Banks for Better Returns
19:31 Bill Allen's Influence on Derrick's Investment Strategies
21:08 Considering Real Estate Investments
21:20 Understanding Tax Benefits of Real Estate
23:17 Strategies for Tax Savings
23:50 Exploring Section 179 Deduction
24:08 The Role of a CPA in Tax Savings
25:08 Investment Opportunities and Accredited Investors
27:55 Tax Benefits of Living in Puerto Rico
32:30 The Impact of Real Estate Investors on Communities
33:35 The Role of Entrepreneurs in the Economy
35:14 Investing in Startups
36:31 Appreciating Collaborations and Networking
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