Shortly after forming, and after a couple of meetings and after Pile was deposed as president for showing alarming competence by preventing a disaster involving a soup tureen, the club was quickly forced to close.
According to the book's sequel (The Return of Heroic Failures), after receiving 20,000 applications when The Book of Heroic Failures was published, Pile closed the club in 1979, declaring "Even as failures, we failed"
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