Spending Philosophy Coaching Program

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Spending Philosophy Coaching Program

Inspired by a conversation on:

The Diary Of A CEO with Steven Bartlett

The Diary Of A CEO with Steven Bartlett

Financial Expert: Passive Income Is A Scam! Post-Traumatic Broke Syndrome Is Controlling Millions!

Host: Steven Bartlett

Timestamp: 00:01:00 - 00:04:00

Listen to Episode • View Podcast • All Ideas from The Diary Of A CEO with Steven Bartlett

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Feather Flow

Direct Quote

"If you know particularly wealthier people, I mean, it affects everybody, but particularly wealthier people, you know, it's not that simple."

Market Gap

People struggle to align spending with happiness.

Many individuals, especially those from affluent backgrounds, grapple with understanding the real impact of their spending on their happiness. There's a common misconception that more spending equates to more happiness, leading to overspending and financial strain. Current financial education often focuses on saving and investing but neglects the emotional and psychological aspects of spending. Without addressing these, individuals may continue to make poor financial choices, perpetuating a cycle of dissatisfaction and debt.

Summary

This business idea revolves around creating a coaching program focused on developing a personal spending philosophy. The program would help individuals explore their values, understand their emotional triggers related to spending, and cultivate a healthier relationship with money. Using frameworks similar to those discussed by Morgan Housel, participants would learn to align their spending with their true happiness, moving beyond societal pressures and expectations. The target audience includes individuals feeling discontent with their financial habits and seeking fulfillment through mindful spending.

Categorization

Business Model
Service
Target Founder
Subject Matter Expert
Difficulty
Medium
Time to Revenue
3-6 months
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$2,000 - $5,000 MRR
Moderate (Most Likely)
$10,000 - $20,000 MRR
Optimistic
$30,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
6/10
Market Potential
8/10
Evidence
7/10
Overall
7.2/10
Found on October 6, 2025 • Analyzed on October 6, 2023 7:20 AM

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How should I validate this service idea before building it?

2:34 PM

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

  1. Customer interviews: Talk to Subject Matter Expert to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

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2:35 PM

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

2:36 PM

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Technical Strategy:

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2:37 PM

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