#162 - Why Clubhouse Will Fail artwork

#162 - Why Clubhouse Will Fail

My First Million

March 19, 2021

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Speakers: Sam Parr, Shaan Puri
**Sam Parr** (0:00)
All right, there's this amazing book called Getting Everything You Can Out Of All You've Got. I read it a few years ago and it changed my life.
And the reason I loved it was because it basically talks about how to get and make more money using things that you already have.
Coincidentally, today's podcast is brought to you by Business Made Simple. It's a podcast by Donald Miller, who I'm gonna tell you about in a second, but he has this amazing episode that's all related to this book and the things that I learned in this book. It's called How To Make Money With What You Already Have. It's an incredible episode. Talks about all the stuff that I learned in this book. The host is Donald Miller. I didn't know who Donald Miller was up until recently, but over the last 12 months, this is totally by coincidence. It was all separate people. They said, you have to check out Donald Miller. He's amazing. So I'm happy that he's part of HubSpot's Podcast Network. You can check it out, Business Made Simple Podcast. It's where he coaches you on how to build your business like an airplane, where the cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales.
You have to check it out. This guy's amazing. It's called Business Made Simple with Donald Miller.

**Shaan Puri** (1:02)
My favorite kind of podcaster, content person out there DM'd me and was like, this is a fucking great thread.
And I was like blown away that this guy wrote this. And then CNBC was like, hey, would you like to do this? Some German news station was like, will you come on and talk about it? And I was like, wow, this is unbelievable. What could happen with just a random ass tweet?

**Sam Parr** (1:35)
How many people did your tweet reach?

**Shaan Puri** (1:39)
How many people did my tweet reach?

**Sam Parr** (1:41)
Yeah, so go to Twitter and then click insights and then look at reach. I'm gonna guess 5 million.
Okay, let's give it a shot.

**Shaan Puri** (1:48)
So it has 13,000 likes, and yeah, almost 5 million, 4.8 million impressions.

**Sam Parr** (1:56)
Wow.
And who are some of the more interesting people who reached out to you? Well, first, what happened here for the listeners?

**Shaan Puri** (2:05)
Okay, so what happened?
I went on Twitter and I wrote a thread. I wrote a thread about Clubhouse and the thread starts basically saying, everybody seems to think that Clubhouse is the next big thing and I think it's gonna fail. And here's how I think it's gonna go down.
And then I wrote... And I wrote it in this way that's a little bit like goofy. I kind of went over the top. I was like, all right, you're the CEO. First of all, congrats, champ, you did it. And I walked through the high that they're on right now because everything's going great and everybody thinks it's the hot shit.
And then where things might start to go wrong and what might go wrong based on the way that the product is set up, the nature of that product and all that good stuff. And so that was a thread. I put it out there and I thought it was gonna kind of flop because right away nothing happened. And usually you could tell like, you know this, you could tell pretty quickly within a couple of minutes, you know if the thread, if your tweet's gonna get any action or not, it didn't look like it was gonna get any action. And the first reply was this guy being like, dude, this is way too effing long. Like, what are you doing? And like the way he said, like, I thought, I assume some people would say this is super long because it's like, I don't know, 50 tweets or something crazy.
But when he was like, what are you doing? I felt super embarrassed and I was like, shit, let's just delete this. This is stupid. And then I just like, let it ride for a few more minutes. And then it took off and now some crazy shit's happening. And like, I'm going on CNBC tomorrow to talk about it. So all kinds of crazy stuff has happened.

**Sam Parr** (3:37)
You're going on CNBC tomorrow?

**Shaan Puri** (3:39)
Yeah.

**Sam Parr** (3:40)
I wonder if it's the same person who invited Trung on. So you're the second person associated with the company who's been on in the past two weeks.

**Shaan Puri** (3:46)
I'm hot on Trung's heels. I saw him on last week talking about Kathy Wood and ARK and stuff like that, and he was great. So if I can do half as good as he did, I'll be in good shape.

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