Penny reign: CEO of super fast-growing startup shares leadership insights

Penny Hoarder founder and CEO Kyle Taylor discusses his views on leadership, the future of digital media, his acceptance of mindfulness and meditation, and how he still gets teased by his friends.


  • By Brian Hartz
  • | 6:00 a.m. April 6, 2018
  • | 0 Free Articles Remaining!
Kyle Taylor at the headquarters of the Penny Hoarder and Taylor Media in downtown St. Petersburg. Photo by Mark Wemple.
Kyle Taylor at the headquarters of the Penny Hoarder and Taylor Media in downtown St. Petersburg. Photo by Mark Wemple.
  • Leadership
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He doesn’t dress in jeans, sneakers and a hoodie like Mark Zuckerberg, but Kyle Taylor, founder and CEO of St. Petersburg-based Taylor Media — and its popular website, ThePennyHoarder.com — might be more of a man of the people.

Take one recent afternoon, when he was at work at a regular desk in the company’s fastidiously curated, open-plan space, forgoing his corner office with its sweeping views of downtown St. Pete. Why? The rapidly growing firm is in danger of running out of desk space, even after moving into its new 23,000-square-foot headquarters last fall. So Taylor often lets desk-less employees use his office.

Eschewing the trappings of his position also serves Taylor, 31, as a reminder of how far he has come since starting the Penny Hoarder in 2010, when he was drowning in more than $50,000 of student loan and credit card debt.

 

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