How Failure Helped ClassPass Founder Build a Multimillion-Dollar Business
ClassPass founder Payal Kadakia shares the secrets to her success and how she built a multimillion dollar company.
All it took was a woman's frustration with not being able to find a dance class that worked with her schedule that led to a game-changing business idea.
Boutique fitness has been on the rise, but with expensive classes ($40 spin classes anyone?) and unyielding schedules, it wasn't feasible for all of us. So Payal Kadakia invented ClassPass, an app that gives you affordable access to hundreds of different classes and studios near you. When it was introduced to the market the fitness world became obsessed.
Read more: The Leaders and Barrier Breakers Who Are Stronger Women
But the genius concept didn't go without a slew of challenges, including programming mistakes and keeping customers happy. In an interview with Sr. Editor Michelle Vartan, Kadakia shares how she turned her passion into a business and how her big fails led to big wins.
Check out the interview as part of our Stronger Women series sand learn this lady boss' business lessons and what her favorite workout class on the app is.
What Do You Think?
Are you interested in merging your passion into a business? What do you think it takes to be a female CEO? What is your favorite fitness class on the ClassPass app?