Dear Ramit, can I express interest in your class but do nothing?

Posted at 8:41 on Thursday October 06, 2005 | Filed Under Miscellaneous

An email I got:

Hi,

I was referred to you by [NAME OF FRIEND]. I checked out your website and would like to learn something from you in the class. However, my friends are not interested in investments, they think that it is gambling so I don't know how I can manage to get 10 people to be at a location at a specific time. But I really want to see what I will gain from the class.

I get these emails a lot.

I can already guarantee that she won’t take the class. The emails of people who are really interested read much differently.

This has happened before, many times. (That's why I started the blog.)

I cut down on lame requests like this by creating a few more barriers for the 1-hour class. This weeds out some of the fakers like this.

It’s so funny because even if I gave the class and charged her $500, it would be worth it. She could break even on that money in less than 6 months, and the REST OF HER LIFE would be gravy. But people don’t think of certain things as investments...they just think "Oh my god, that’s expensive!"

Despite her friends that think investing is gambling (!), it's really cool that she's taking the initiative to learn. But taking initiative isn't the same as following through.

After responding to her email, I waited 2 weeks before posting this. Still no response.

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Comments (1)

1.

I'm curious - what do the emails of people who are really interested in the class sound like?


Have experienced the "no reply to my thoughtful email" phenomenon, I can testify to how frustrating it is to try to help people and get little response. It takes only a minute to type out "thank you" in reply to someone, at least then they know you received their words of wisodom.

Posted by Rachel at October 6, 2005 09:28 AM

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This is a blog on personal finance (banking, saving, budgeting, and investing) and personal entrepreneurship.

It's for students, recent graduates, and other young people.

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Ramit Sethi

I'm a recent graduate of Stanford, where I studied technology and psychology. Now I'm the co-founder & VP of Marketing for PBwiki, a wiki startup in Silicon Valley.

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