The following is a guest post by Devesh Khanal, who reached out to me via e-mail with a very compelling cold e-mail. I usually ignore cold e-mails but Devesh really stood out with his offering and wasn’t aggressive at all. He ended up getting a paid contract with me and more leads as a result of his work upfront. Take it away Devesh…
When I first tried to start my own business, I had this unhealthy idea that there was a secret inner circle that you had to be in to get clients or customers:
And on and on.
Sadly, I used this false “inner circle” assumption to just stew in frustration and not take action. In fact many times it almost led me to give up and “just go get a job.”
Talk to any successful entrepreneur though, and they’ll tell you that’s not unusual. Starting is hard. You have to deal with The Struggle.
That’s why “How did you get your first 100 users?” is a question Eric asks almost all his interview guests. And that’s why the first “Growth Takeaway” in his 9 Growth Takeaways e-book is about starting.
Starting any business and getting your first few customers can be tough even if you’re already successful and have a deep network, but it’s even harder if you’re not famous and have limited “connections”.
So how did I recently get 3 out of my first 3 cold emails to respond and eventually hire me for a brand new service business, including Eric Siu?
I’ll show you exactly how I did this, including my exact email, word for word. But first, we need to introduce the basic strategy.
My basic strategy was simply this: I sent a cold email with a ridiculously thorough, uniquely personal set of ideas in it, presented in a clear and personal way, so they simply couldn’t ignore me.
Not “I have this service that would be useful to you, do you want it?”, nor “Can I buy you a cup of coffee and have you mentor me?” nor “Can I interview you for my blog that you’ve never heard of?” but something actually valuable to them that you took hours to research and present. Here’s a confession: This idea is not original. In fact, it’s obscenely non-original. The very experts we’re trying to reach — successful entrepreneurs — who get tons of cold email pitches have repeatedly given this advice out for contacting them and others:
This advice is easy to skim over and promptly ignore. “Yeah yeah, add value, got it.” But getting this right can be the difference between up-leveling your growth versus being caught in a cynical “the world is cruel” cycle. Let’s dig into how to do it right.
You might be tempted to look up the example emails in the links above and find some magic pattern, but I’ll save you the time:
So you don’t need a magic email “template” to make this work. It’s really not about the email at all, that’s just a conduit, it’s all about the unique value you’re proposing. Most people think they are adding some value when they just haven’t tried hard enough to be unique. You need both. For example, look at this email I got, pitching me a guest post for an old student blog of mine:
I’ll save you the trouble of reading it: He wants to write a guest post about saving money in college. He has expertise in it. My blog was for students, so it’s relevant. In theory, that’s valuable. Surely college kids want to save money.
But here’s the thing, to a busy person, it’s not valuable enough. Why? Because it’s generic. It doesn’t stand out. Busy bloggers get pitched guest posts every day. This well meaning guy simply doesn’t do anything to really stand out.
Here’s what he could have done to stand out:
Any of those would have made me raise an eyerbow, but he didn’t do them. It was clear his email was generic. Remember, valuable and unique. Now let’s look at my email to Eric that got me hired in a week.
I was pitching A/B testing (or “split testing”) websites to increase conversions. Split testing is a hot trend right now. With the rise of “lean startup” and “growth hacking” everyone wants to split test and measure their growth. And with online tools like Optimizely available, really anyone can do it.
I also knew that bloggers value email subscribers more than anything else because that’s the best way to connect to readers (and sell products).
So when my friend and mentor, Bryan Harris of Videofruit, mentioned that his email opt-in rate is the most important metric in his business, he knows he could split test pages to increase his opt-in rate, but doesn’t have the time to do it and would happily pay someone to do it for him, I knew there was a service business there.
Getting Bryan as a client was as easy — he knew who I was. But how would I get others? Enter the cold email.
But I didn’t want to email just any blogger, I wanted to email bloggers that were making money and/or had connections. In other words, the busy ones that would probably ignore my email. Sigh.
Enter the stand-out, over-the-top, too-awesome-to-ignore cold email.
I thought of other blogs that could use a similar service and Growth Everywhere seemed like a good candidate. But I didn’t have a warm intro to Eric, and I didn’t have any testimonials from famous clients. To make it even harder, Eric doesn’t just blog at Growth Everywhere, he’s the CEO of a major marketing firm and is super busy. Aye!
If I just sent him an email that said “Hey Eric, I do conversion optimization, can I optimize your site?” I might get a response, but who knows how many emails he gets like this every day. I didn’t want to leave it up to chance.
With no connection, no referral, and no massive prior success to point to, I had only one choice: show him step by step how he could improve conversions by split testing specific elements of Growth Everywhere. In other words, add massive value by just doing some of the work before hand, and send him an email he can’t ignore.
Here’s the email I sent him:
Here’s the stand out part: Instead of just saying “Can I optimize your site” I recorded a screencast of me walking through Growth Everywhere and showing Eric step by step how I (or he) could improve his conversions by split testing specific areas of his site.
Here’s the video:
My job was to stand out from every other cold email he got with something that was specifically useful to him. So I gave him a personal consultation about his site. I made annotated screenshots of specific pages of his site. I made a custom presentation. I walked through exactly what parts he could test. After I got him thinking “I really should do this” I showed him a way he could have it done without dealing with all the grunt work.
That’s right, I just gave away my ideas in the video. In theory, he could have watched the video and done them himself and seen results (I’ll talk about why he didn’t later).
Who does this? Nobody. That’s why it stands out.
For most people, this is the first thing they would do after they got hired. I did it before.
For this post, I asked Eric how many cold emails he’s received in the last year with this much specificity. Here’s his answer:
“I get cold e-mails all the time but I’ve never gotten something this specific. It really caught my eye because it was tailored to me and it clearly showed that Devesh was trying to help before anything else. He demonstrated to me that he was willing to risk investing the time and effort with no expectations.”
Now, note the things my email does not include:
Eric responded in the same day with this:
The very first thing he did was thank me for the email!
Apparently it was clear that I didn’t just fire off 50 of these emails in a day; it took time and effort to think through my recommendations for Growth Everywhere, create the video, and send it. And he’s right, it did take time.
And if that weren’t enough, he said it stands out and asked if he could use the video in a blog post (which is the post you’re reading now).
So far I’ve sent 6 of these emails out, have a 100% open rate, an 83% click on video rate (5 out of 6 watched the video), and got 3 deals out of it (50% deal rate).
In contrast I’ve previously sent out a cold pitch for presentation design that I thought was pretty good. It had a relevant before and after, it mentioned I had experience, it mentioned my academic background, it had a fancy signature with my website and LinkedIn, and it even had a personal intro that showed it wasn’t spammed out to thousands:
Out of approximately 100 of these emails, I got a 16% response rate and a 0% successful deal rate.
That’s right out of 100 emails, not a single company wanted to hire me to design their presentation.
But, for three companies, I found their own presentations, redesigned their own slides, and sent it to them. For those 3 emails, which took a lot longer, I got a 100% response rate and got one deal that’s turned into a great relationship. All this from 3 emails.
Now, You Might Be Asking
But isn’t this a lot of work?
Yes it is. That’s the catch. But the good news is that means it will continue to make your emails stand out, because most people won’t put in the effort. I didn’t time it exactly, but the pitch to Eric took me a few hours in total. Not 20, and not 1, but maybe 5 – 7. It’s a good chunk of time for a cold email, but look at the result.
Won’t some people run off with my ideas and not hire me?
This is also possible. But if this is happening a lot, you’re not targeting the right people. Your ideal targets are ones who are successful and busy enough that they’d rather hire you to fix their problem than do it themselves. If you’re sending this to people that will do it themselves, they had a 0% chance of buying it from you in the first place.
But this is not scalable!
First, it’s actually more scalable than you think. You can outsource a lot of the repeat work if your service is high value enough. For example, I could train someone to compile a list of bloggers that match a criteria, create presentation templates with their brands, and leave only the analysis and video to me. But more importantly, we are not talking about scaling! We’re talking about starting. If you get a lot of traction, you can think about scale. But at the beginning you have to do things that don’t scale.
If you don’t believe me, download Eric’s 9 Growth Strategies of Top Entrepreneurs e-book and checkout the 1st strategy, or check out this famous article from Paul Graham of Y-Combinator.
To help you take action, I’ve put together a checklist to pitching any service via an over-the-top cold email. And, to help prevent you from thinking that your situation is totally different, I’ve put together a PDF of uniquely personal pitch ideas for 5 other services of networking situations, including:
And finally, do you have interesting ways you’ve landed your first few customers? If so, tell us in the comments!