Classpass Founder: Quitting My 9-5 Led To A $1 Billion Business: Payal Kadakia | E141

The Diary Of A CEO

  • May 8, 2022
  • 1:12:36
  • Full Episode

This episode is part of our USA series, over the coming weeks you will get to see some incredible conversations with guests the likes of which we’ve never seen before. Bringing more value, more incredible stories, and more world-beating expertise.

Payal is the founder of Classpass, the billon dollar app that’s been the ticket to every skill and passion for its millions of users. Today she shares exactly how she got there. The sheer determination with which she ruthlessly sets her goals and priorities, and then systematically chases after them with everything she’s got, was hugely inspiring to me, and I’m sure it will be to you too.

00:00 Intro 01:26 What made you different? 10:18 Battling between your passion and 9-5 14:43 Rebelling for your purpose 18:24 Changing careers and finding new communities 20:54 Confidence, purpose, and drive to success 26:13 Why did you start ClassPass? 40:18 What difficulties did you face starting your business? 52:06 Living in line with your values 54:57 What were you like as a manager? 59:05 Why did you step away from ClassPass? 01:03:07 Work and family balance 01:06:53 Therapy sessions 01:09:00 Our last guest’s question

Payal: https://twitter.com/payalkadakia https://www.instagram.com/payal

Payal's book: https://www.amazon.co.uk/LifePass-Groundbreaking-Approach-Goal-Setting/dp/1399706756

Listen on: Apple podcast - https://podcasts.apple.com/gb/podcast... Spotify - https://open.spotify.com/show/7iQXmUT...

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Sponsors: Huel - https://my.huel.com/Steven Myenergi - https://bit.ly/3oeWGnl Vodafone Business - https://bit.ly/3NIM35n https://bit.ly/3AuPKsA

Location courtesy of The Nightfall Group: www.nightfallgroup.com

Brief Summary

Pyle Lakhani discusses her journey from consulting to founding ClassPass, emphasizing purpose, identity, and overcoming challenges in entrepreneurship.

Key points

  • The Power of Dance. How dance became a source of identity and purpose for the speaker.
  • Finding Purpose Beyond Expectations. Exploring how societal expectations can make life feel small and unfulfilling.
  • Rebellion for Purpose. The importance of rebelling against societal norms to find true fulfillment.
  • The Moment of Epiphany. A pivotal trip to San Francisco sparked the idea for a new venture. "It changed my life."
  • Finding Your Purpose. Everyone has a purpose beyond the nine to five; it's about exploring what lights you up. "I do believe that everybody has a purpose beyond the nine to five."
  • The Importance of Reputation. Good work and reputation can open doors to unexpected opportunities. "Reputation does follow you."

Tension

60/ 100Some tension

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