Capstone Project & Potential Startup
Hypothesis
Financial literacy is linked to wealth. Many individuals remain financially illiterate due to a lack of time, interest, resources, or conducive environments.
Mission
Empower the lower/middle class to improve their financial situations despite low literacy rates.
Concept
Develop a personal finance copilot targeting college students, offering features beyond existing apps like Mint or NerdWallet:
- Predictive forecasting
- Economic context for decisions
- Budget automation
Strategic Thoughts
- Collaborate with professors and mentors like Prof. Raftopolous and Liz Brown.
- Build a developer market for quick MVP iterations and multiple startup explorations simultaneously.
- Integrate features like:
- Bill splitting
- Deals and credit card savings
- Open-source approaches
Potential Application Areas
- Macroeconomics, technical analysis, and ETFs vs. mutual funds.
- AI-driven financial accountability programs.
Broader Inspiration
- Leveraging tokenized securities and modern AI for personal finance.
- Exploring user-friendly financial tools like Bloomberg for broader accessibility.
Reference Links:
Backlog
Tasks
- Courses:
- Complete Python LinkedIn, Yale, or Bloomberg market concepts courses.
- Tools:
- Focus on Laravel for capstone/startup development.
- Readings:
- Leadership materials (e.g., Amazon’s principles, “Blue Ocean Strategy”).
- Research:
- Engagement:
- Connect with mentors and industry professionals for guidance on entrepreneurial endeavors.
Specific Contacts
- Reach out to David Yates, Lincoln Mantra, and Chad for Laravel development.
- Connect with Sergei Revzin for insights on startups and entrepreneurship.
Key Takeaways
- Focus:
- Integrate macroeconomic principles, AI, and personal finance for scalable financial literacy tools.
- Emphasis:
- Rapid MVP testing and learning through collaboration and mentorship.