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Showing ideas from: Risk Parity Radio (Frank Vasquez)
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Data-First Personal Finance Podcast Network
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The podcast highlights the need for more data-focused financial advice as opposed to the psychology-based approaches prevalent in current financial media. This opens up an opportunity to create a podcast network dedicated to personal finance that emphasizes data-driven decision-making. Each show could cover different aspects of finance—investment strategies, retirement planning, budgeting, etc.—with experts discussing empirical data and research rather than anecdotal advice. By building a community around rigorous financial analysis, this network could attract a dedicated audience tired of superficial financial entertainment. Revenue could be generated through sponsorships, premium content, and community memberships. Target audiences include DIY investors, finance enthusiasts, and individuals seeking reliable financial education.
Financial Coaching Platform with Legal Templates
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In the episode, the host discusses the potential of financial coaching, particularly for those who are not certified but have expertise or experience in personal finance. The idea is to create an online platform where aspiring financial coaches can connect with clients seeking advice. This platform would provide legal templates and resources for setting up coaching agreements, ensuring coaches operate within legal boundaries while offering advice. It addresses the demand for accessible financial guidance in a market often saturated with 'financial entertainers' and provides a structured approach for coaches to maintain professionalism and legal compliance. Target audiences include individuals looking for financial advice and those wanting to enter the coaching market without the burden of creating legal documents from scratch. Tools like online legal document generators and coaching management software could be integrated into the platform to provide a seamless experience.
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