"Well, I am a lot like my dad, and the character of Ted is based on my dad"

Max Cannon is expressing that he and his father share numerous similarities. He is implying that his daddy is the motivation for the character of Ted in his comic strip. This might mean that his dad is an amusing, easy going person who has the ability to make individuals laugh. It might likewise imply that his father is a strong, trusted figure in his life, and that he appreciates him. Max Cannon is most likely revealing his appreciation for his father and the influence he has actually had on his life. He is also likely revealing his pride in having the ability to produce a character based on his father, and to share his dad's personality with the world. It is a touching sentiment that speaks to the strong bond in between Max and his father.