Key Takeaways: Ramit Sethi Webinar

by Stephanie on August 24, 2011 · 2 comments

I know this might be against Ramit’s goals of providing value to only those that take action. However, I thoroughly enjoy his webinars and thought I’d share some of my key takeaways.

For those of you who have been living under a rock, Ramit is celebrating the 7th year for his blog, I Will Teach You To Be Rich. Tonight he offered a one-hour webinar answering some of our questions on various topics.


“The tools in general are not as important as you think.” It’s your mindset that is so much more important. The “secrect sauce” is the ability to test things and the ability to change mindset. Make sure to focus on the important things rather than the easy

Personal Finance

Ramit didn’t spend a ton of time in this area as a lot of the items here are already covered in his book. One thing he did mention is don’t skimp on important things that can end up saving you a lot of money in the end like accounting or legal fees.


This is Ramit’s bread-and-butter. He will talk about psychology and barriers until your ear is hot. However, he makes a few valid points:

1) Don’t expect extraordinary rewards by doing ordinary actions.

2) Remove emotional barriers: ex. Finding your dream job

A) To get out of a comfortable job thats not fulfilling, then strategically use fear against yourself by asking yourself “Where will I be in 1, 3, 5, 10 years from now if I stay in this job?” and WRITE. IT. DOWN.

B) Talk to 5 people per week about their dream job. Find out what they really think. People love it and you probably will too. That something as simple as 2 coffees and 3 phone calls.

C) Ask a manger at your company that you admire to mentor you by setting up a recurring 15-30 minute coffee. Not only will you automatically standout, this will force you to be aware of your emotions so you have something to discuss in this meeting.


Ramit discusses that people claim they want a mentor, but never take any action in finding one. He worked for The Seth Godin for a period of time. He said he read every blog post, every book and anything Seth’s ever done. That alone put him ahead of most people who write to Seth. Ramit goes on to discuss that the best way to approach a busy person is to have a specific question. Use the information you’ve gained through cyber-stalking them to approach them (Not in a creepy way, of course!) Also, attempt to befriend them by commenting on blog posts, find a friend of a friend of a friend and get an introduction. Or really market yourself and write a warm email offering a way to help them.

He shared a lot more awesome information and mentioned he was building a product to answer our questions about finding our dream job. So be on the lookout for that! I hate missing his webinars so I also highly recommend subscribing to his mailing list.



{ 2 comments… read them below or add one }

Li August 25, 2011 at 9:34 am

Hey Stephen,

Thanks for transcribing some notes! I went to the webinar and didn’t realize I still missed some things til I read your post.


Stephanese August 25, 2011 at 10:16 am

Oh good, I’m glad I could help. Let me know if you have any questions! Thanks for reading!


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