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#176March 19, 20211:01:39

#162 - Why Clubhouse Will Fail

About This Episode

Shaan Puri explains the breakdown of his viral Twitter thread predicting the failure of Clubhouse and the psychology used to engineer viral content. The hosts also analyze the massive revenue generated by Agora Financial's newsletter empire and brainstorm opportunities in the growing virtual team-building market for remote companies.

Episode Description

Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: 0:45 Shaan breaks down why and how Clubhouse will fail (although he wishes it won't) 17:10 How to go viral and also improve your writing 27:07 How to win (and make millions) in the content game 36:22 How 'The Hustle' finds its talent 38:44 A simple startup idea with huge potential 50:38 How Shaan's tweet became a meme --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. Editing thanks to Jonathan Gallegos (@jjonthan)

Key Takeaways

1

The 'Time to Fun' (TTF) metric is critical for social app retention; users must experience a dopamine hit within seven seconds or they will churn.

2

Viral content can be engineered by targeting specific high-arousal emotions, such as the 'Finally, someone said it' reaction, which prompts users to share a post as a proxy for their own opinion.

3

The most profitable content businesses utilize a front-end/back-end model, using a $50 entry-level newsletter to funnel customers into high-ticket products costing $2,000 to $35,000.

Business Ideas Mentioned

Virtual Team Bonding Agency

Agency

Deep-Vertical Paid Newsletters

Content & Media

Budget-Based Market Research Service

Agency

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Quick Stats

Duration1:01:39
Guests0
Ideas Discussed3
Topics0