Mile High FI Podcast

Content Series on Financial Insights

During the episode, Karsten discusses the importance of periodically evaluating financial strategies and the balance between spending and saving in retirement. Entrepreneurs could create a content series—blog posts, podcasts, or video content—that addresses financial literacy topics and retirement planning insights. This series could target both individuals approaching retirement and the broader audience interested in financial wellness. Tactics include leveraging SEO strategies to attract traffic, utilizing social media for engagement, and possibly offering complimentary webinars or e-books as lead magnets to grow an email list.

Content Medium Score: 8.2/10

From: Issues With 'Die With Zero' & Small-Cap Value - Karsten Jeske (Big ERN) | MHFI 280

Hosting Musical Meetups

The podcast mentions the organization of musical meetups where enthusiasts gather to play instruments and share music. This idea could be implemented by entrepreneurs looking to foster community through music by hosting regular jam sessions, workshops, or classes. It targets musicians and music enthusiasts in local areas. Specific tactics include using social media to promote events, partnering with local cafes or community centers for venues, and possibly charging a small fee for participation or offering donation-based sessions. This not only builds a local community but can also create a revenue stream through merchandise or sponsorships.

Community Medium Score: 6.5/10

From: Issues With 'Die With Zero' & Small-Cap Value - Karsten Jeske (Big ERN) | MHFI 280

Asparagus-Themed Merchandise Store

The podcast discusses the creation of an asparagus-themed merchandise store, where products like t-shirts and hoodies featuring asparagus designs are sold. This idea leverages a humorous personal anecdote about asparagus becoming a topic of conversation. Entrepreneurs can implement this by using print-on-demand services to create and sell themed merchandise without holding inventory. Target audiences include fans of the podcast, food lovers, and anyone who enjoys quirky, themed apparel. Specific tactics include using social media marketing to engage potential customers and leveraging platforms like Etsy for sales, which allows for easy setup and management of an online store.

Marketplace Low Score: 7.0/10

From: Issues With 'Die With Zero' & Small-Cap Value - Karsten Jeske (Big ERN) | MHFI 280

User-Generated Travel Tips Platform

This idea involves developing an online community platform that aggregates real travel tips and hacks directly from seasoned travelers. Inspired by the episode’s call to action for listeners to share their best travel tips, the platform would allow users to post and rate travel advice, ranging from packing techniques to negotiation strategies for hotel and airline fees. The business could monetize this community through advertising, partnerships with travel service providers (such as credit card companies, hotels, or booking sites), and even premium memberships offering exclusive content and insider deals. The platform could be built as a responsive website or mobile app designed to encourage user-generated content and social interaction. Tools such as discussion forums, tip rating systems, and user profiles would foster an active and engaged community. Moreover, integrating affiliate links or offering sponsored posts could provide additional revenue streams. This solution addresses the common travel challenge of information overload and scattered advice by curating high-quality, peer-vetted travel hacks in one centralized location. The target audience would include digital nomads, frequent flyers, and travel enthusiasts who are eager for effective ways to improve their travel experience.

Community Low Score: 7.0/10

From: Travel Tips | MHFI 192

Photo Travel Journal Platform

This idea centers on a digital platform that enables travelers to create dynamic, multimedia travel journals by integrating smartphone photo capture with instant photo printing technology. The platform would allow users to compile daily travel highlights, add notes or audio comments, and then optionally print out selected photos to create physical scrapbooks. By offering a seamless connection between digital journaling and physical memorabilia, the service provides a unique way to preserve travel memories while adding a personal touch for sharing with friends or hosts. Implementation could involve building a mobile application or web portal that syncs with popular photo printers via Bluetooth or Wi-Fi. The app would include features such as timeline organization, tagging of geolocated images, customizable templates, and social sharing options. By partnering with existing photo printer manufacturers (like the Canon Ivy 2 Mini Photo Printer mentioned in the episode) and integrating affiliate marketing or print-order revenue channels, the business would solve the problem of forgotten travel memories and provide an easy-to-use, hybrid digital/physical journaling tool. The target audience would be frequent travelers, digital nomads, and travel enthusiasts who appreciate both digital content and tangible keepsakes.

Content Medium Score: 7.2/10

From: Travel Tips | MHFI 192

Risk Parity Portfolio Optimizer

This idea involves building a SaaS tool that helps investors construct and manage portfolios based on risk parity principles and safe withdrawal rate research. The software would enable users to input their financial goals, risk tolerance, and time horizon, and then recommend diversified portfolio allocations that include specific splits between equities (divided into growth and value funds), treasury bonds, and alternative assets such as gold. The tool could incorporate stress testing features and simulation models, allowing investors to see historical performance under different economic downturn scenarios, as mentioned in the discussion where Bill Bengen’s and risk parity strategies are referenced. Implementation would involve developing a user-friendly interface that integrates financial data, rebalancing logic, and risk assessment algorithms. The product could start as a minimal viable product geared toward the financially savvy FI community, and gradually expand to include more advanced features such as automated rebalancing, personalized notifications, and integration with brokerage accounts. This addresses the common challenge of portfolio construction and risk management for personal investors, enabling them to create portfolios that are designed for sustainable withdrawals while mitigating sequence-of-return risk. The primary target audience would be digital entrepreneurs, individual investors, and members of the FI community seeking a data-driven approach to optimizing their retirement or wealth management strategies.

SaaS Medium Score: 8.0/10

From: You Should Spend More (Probably) - Frank Vasquez | MHFI 279