Investment Goal Checklist App

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Inspired by a conversation on:

The Mind Your Business Podcast

Episode 783: #BizTipFriday Edition: How I Manage My Money & Investments in 2025

Host: James Wedmore

Timestamp: 00:18:10 - 00:19:05

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Direct Quote

"To make a checklist of things that I would like to invest in in the next five years."

Summary

The podcast emphasizes the importance of creating a checklist for potential investments as a way to engage with personal finance. Entrepreneurs could develop an app that allows users to create and track their investment goals, offering features like reminders, educational resources, and community support. Users could input their desired investments and set timelines, while the app provides tips and articles to help educate them on investment strategies. This addresses the challenge of indecision and lack of direction in investing by encouraging users to clearly define their goals and take actionable steps towards achieving them. The app could also integrate social features where users can share progress, fostering community accountability and support.

Categorization

Business Model

App

Target Founder

Generalist

Difficulty

Low

Time to Revenue

1-3 months

Initial Investment

< $100

Scores

Clarity

8/10

Novelty

6/10

Feasibility

9/10

Market Potential

7/10

Evidence

5/10

Overall

7/10

Found on September 5, 2025 • Analyzed on September 5, 2025 9:48 AM

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How should I validate this app idea before building it?

2:34 PM

Great question! For a app idea like this, I'd recommend starting with these validation steps:

Customer interviews: Talk to Generalist to understand their pain points
MVP approach: Build a simple landing page to test demand
Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your low difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and 1-3 months, here's my recommendation:

Technical Strategy:

Start with no-code tools for rapid prototyping
Consider your technical background and available < $100
Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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