My Meetup Experiment

My Meetup Experiment

3 Responses

  1. Avatar weenie says:

    Interesting experiment – at least people did turn up and hopefully, this will continue to grow. Do you know what the attendance was like for the meet ups arranged in the past?

    I’m a member of a couple of Meet Up groups (for walking) – the main thing is that there’s no expensive venue to pay for when people meet up to go walking but it’s obvious that the regulars have become friends so will almost always guarantee good attendance (average around 20 each meet up).

    I can see why people might be reluctant to fork out a fiver to attend (as they don’t know what they’ll be getting in return) – however, meet up in a room in a pub, it’s their choice to spend £20 on their favourite pints.

    • Mike Rawson Mike Rawson says:

      I think the previous attendance was four to eight with a lot of dropouts on the day of the meet, so we’ve gone backwards. What I’m surprised by is not really the general lack of enthusiasm, more that 97% of the existing group members have yet to interact with me at all, never mind turn up.

      I’m afraid the pubs in central London would insist on a minimum spend, so leaving it up to people’s whims on the day wouldn’t work. Some of the groups I went to last year spent upwards of £500, though I guess others might spend as little as £150.

      I know there are investors paying £500 for day seminars, so £5 for two hours doesn’t seem bad to me. The tube fare into town is £4.80. I guess people have different priorities for their cash than I do.

      Running a group is certainly not a money-making exercise. I’ll keep it going for another month or two and see what happens.

  2. Avatar weenie says:

    The lack of participation is surprisingly – why join a group if you’re not really interested in joining in or interacting?

    Good luck with your efforts, I look forward to reading your update on this.

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

My Meetup Experiment

by Mike Rawson time to read: 4 min
More in Passive
Actual investing
Actual investing – Active Share and Low Turnover

Today's post is a look at a report from Baillie Gifford on Actual Investing, which is their spin on active...

Close