Money Talk With Tiff
ExplorePodcast overview and latest content
EpisodesBrowse the full episode archive
TopicsDiscover episodes by category
PostsBrowse published articles & write-ups
Preorder the book
Main Site

Podcast

  • Explore
  • Episodes
  • Topics
  • Posts

Topics

  • Personal Finance
  • Budgeting
  • Entrepreneurship
  • Financial Education
  • Financial Planning
  • Money Mindset
  • Financial Literacy
  • Debt Payoff

Recent Episodes

  • My Podcast Numbers Are Dropping — Here's the Real Reason
  • What I Learned From Breaking Down a Whole Chicken (And Why It Matters for Your Money)
  • Too Busy for Budgeting? 3 Money Habits That Survive Chaos
  • Your Stewardship Circle: 4 People Who Keep You Growing Financially
  • The Recovery Plan: What to Do When You Miss Your Money Goals

Links

  • Apple Podcasts
  • Spotify
  • YouTube
  • Overcast
  • Amazon Music
  • Preorder the book
  • Main Site

About

Money Talk With Tiff

Money Talk With Tiff

    Money Talk With Tiff
    Episode•October 26, 2023•22 min

    From Numbers to Narratives: Pete McPherson's Leap from Corporate Ladder to Blogging Stardom | Ep. 274

    In this episode, join us live from FinCon 2023 as we delve into the fascinating journey of Pete McPherson, the brain behind 'Do You Even Blog'. Once a dedicated CPA/Accountant, Pete swapped spreadsheets for the written word, transforming his passion for blogging into a full-time career. From his initial plunge into the blogging world in 2010 to eventually leaving his well-paid corporate job, Pete's journey is a testament to following one's heart and defying conventional norms. Listen as Pete candidly shares the trials and triumphs of his blogging journey, including the daunting challenge of starting over 40 businesses before finding his true calling. Learn how he managed to build an engaged community around his blog, turning his idealistic entrepreneurial dreams into a reality. Connect with Tiffany Visit our site: https://moneytalkwitht.com Facebook: Money Talk With Tiff Twitter: @moneytalkwitht Instagram: @moneytalkwitht LinkedIn: Tiffany Grant This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy OP3 - https://op3.dev/privacy

    Apple PodcastsSpotifyYouTubeOvercastAmazon Music

    Key Takeaways

    • 1

      Build a financial safety net before making the leap to full-time entrepreneurship

      Pete had an emergency fund and was able to live rent-free in his grandmother's house after being laid off

      Tiffany quit without enough savings the first time and had to return to corporate work temporarily

      Having less financial stress allows for better creative thinking and decision-making in business

    • 2

      Expect entrepreneurship to require more time initially than a traditional job

      Pete notes entrepreneurs often quit a 40-hour job only to work 80 hours building their business

      There are constantly new skills to learn: social media, SEO, WordPress plugins, and more

      Tiffany emphasizes using income from your current job to build your business before quitting

    • 3

      Identify your core values to guide business decisions and avoid burnout

      Pete's primary value is freedom, not maximizing revenue

      After hiring a business coach, he shifted from pursuing revenue to protecting his time

      He now works about 20 hours per week and stops by 1 p.m. daily to prioritize family

    • 4

      Choose projects with defined endpoints to maintain momentum and avoid overwhelm

      Pete discovered he dislikes open-ended projects without clear completion dates

      He and his friend committed to recording exactly 12 episodes of their podcast in one month, then stopping

      Having an end date provides a sense of accomplishment and prevents the feeling of 'falling behind'

    Intro

    • Recorded live at FinCon 2023, this episode features Pete McPherson, founder of Do You Even Blog, sharing his journey from corporate accountant to full-time entrepreneur and content creator.
    • Pete McPherson is the creator behind 'Do You Even Blog.' After earning degrees in sociology and accounting, he worked as a CPA before transitioning to entrepreneurship. He has started over 70 websites and online businesses over 15 years and now runs multiple sites, podcasts, and products while prioritizing time freedom.
    Do You Even Blog

    – Pete's Unconventional Path to Accounting

    • Pete never knew what he wanted to be. He went through five majors, was kicked out of school temporarily, and eventually earned a sociology degree right before the 2008-2009 recession made it nearly useless.
    • A family friend suggested accounting because 'there are jobs in accounting.' Pete got a degree and master's in 1.5 years and landed a corporate accounting role in Atlanta.

    I hated it. I hated it. I hated it. I hated it.

    – Pete McPherson

    – The Side Hustle Years and the Layoff

    • Pete started 70-80 websites and side businesses over 15 years while still employed. None made significant money initially.
    • He took a lower-paying startup job to free up time for entrepreneurship. After one paycheck, he was laid off.

    Pro tip, if you're going to go work for a startup, make sure they have enough money to pay you for...

    – Pete McPherson

    – Turning Interviews into Income

    • Do You Even Blog began as Pete recording interviews with people making money online to learn from them. He was smart enough to record the conversations.
    • The podcast wasn't an overnight success but provided enough income and hope to keep him going full-time.

    – The Importance of an Emergency Fund

    • Pete emphasizes reducing stress and anxiety during the transition by having financial buffers: emergency funds, paid-off debt, or opportunities to cut expenses dramatically.

    I don't encourage anybody to quit their job at this point without like a rock solid plan. But even if you don't have a rock solid plan, having extra money... I think that's absolutely key.

    – Pete McPherson

    – The Time Commitment Reality Check

    • Entrepreneurs often underestimate the learning curve. After quitting, Pete realized he had to master social media, SEO, WordPress plugins, and countless other skills he hadn't anticipated.

    Entrepreneurs are the only ones that will quit a 40-hour-a-week job to work 80.

    – Tiffany Grant

    – Defining Your Values: Freedom Over Revenue

    • Pete worked with a business coach to identify his core value: freedom. It took him 5.5 years to match his accounting salary, but he quit for autonomy, not money.

    I work like 20 hours a week now. Like, that's it. And I stop work usually at like 1 p.m. every day.

    – Pete McPherson

    – Projects with End Dates

    • Pete discovered he performs better with projects that have clear endpoints. He and his friend committed to a one-month podcast season (12 episodes) with no ongoing promotion afterward.

    Start projects that have an end date.

    – Pete McPherson

    Resources

    • The Unbusy Podcast

    Topics

    EntrepreneurshipCareer TransitionFinancial IndependenceTime ManagementSide HustlesBloggingPodcastPersonal FinanceWork-Life BalanceFinCon

    From Numbers to Narratives: Pete McPherson's Leap from Corporate Ladder to Blogging Stardom | Ep. 274

    0:00
    0:00

    Related Episodes

    The Stewardship Review: How to Actually Measure Your Progress

    The Stewardship Review: How to Actually Measure Your Progress

    Apr 30, 20268 min
    Stewardship Reviewgoal reviewprogress measurement
    How to Use Every No to Fuel Your Next Yes With Marty McDonald | Ep. 384

    How to Use Every No to Fuel Your Next Yes With Marty McDonald | Ep. 384

    Jul 10, 202519 min
    Marty McDonaldBoss Women MediaBlack Girl Magic Tour
    Why You Should Plan Your Business Exit Now with Adam Koos | Ep. 366

    Why You Should Plan Your Business Exit Now with Adam Koos | Ep. 366

    Jan 30, 202517 min
    Adam KoosTiffany Grantexit planning
    Behind the Mic with Tiffany Grant & Anthony Weaver | Ep. 360

    Behind the Mic with Tiffany Grant & Anthony Weaver | Ep. 360

    Dec 10, 202413 min
    Podcast 360Anthony WeaverAbout That Wallet