January 27, 2021
SAY WHAT?
The live-voice chat app, Clubhouse, is getting tons of buzz around their Series B funding. Early speculation has them valued at $1B (AKA 10X its valuation in May), making it the latest unicorn.Â
Not even a year old, the app has already racked up 2M registered users - even though it's still pretty exclusive. And it's already starting to see copy-cat competitors start emerging (a-hem, Twitterâs Spaces).
Like most social platforms, the app is kinda a who's-who of high-profile celebrities and entrepreneurs. Oprah, Drake, and Marc Andreessen included.Â
But Clubhouse has one thing going for it that other social platforms don't: it's not a passive experience. Once in a room, you can tune into the current conversations while scrolling casually on another app - like listening to a limited-edition podcast.
Or, you can speak up and actually be part of the conversation. Totally up to you! But first, you need an invite to get in - and luckily, we're giving one away this week...
đ„ To enter, just reply to this email with what resources you'd like to see in upcoming newsletters. We'll announce the winner in next week's newsletter!
IT'S JUST FACT
We all know that the way businesses operate changed this year. But that doesnât mean that your business playbook needs to be thrown out the window.Â
Instead, itâs time to focus on whatâs universally true about small business operations. Then, pivot accordingly. To help you out, hereâs what universally works, operations-wise, for small businesses:
đ Learn how to put these truths to use.
YOU'RE WELCOME
It's not a competition - but if it was, TikTok just creamed the other social platforms. In 2020, the average TikTok user spent over 20 hours on the app monthly, up 325% over 2019.Â
And the next runner up, Facebook, lags behind with users on their platform for only about 17 hours monthly. (Which, we should note, is still up about 15% compared to the year before).Â
So we don't know about you, but we're definitely rethinking where our ad-spend goes. That's not to say that Facebook is dry, but it definitely shouldn't be where you're investing everything you've got!Â
đ See the full study.Â
BEST PRACTICES
Raise your hand if you can leave things at the door when you get to work! AnyoneâŠ? For most people (maybe all), this isn't possible.Â
But talking about mental health still feels strictly off-limits in the workplace. Not to mention difficult. But if you're committed to your team and their wellbeing, itâs an effort well worth undertaking.
So, here are some best practices for navigating these delicate conversations at work:Â