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HIBT Lab! ClassPass: Payal Kadakia
May 12, 2022
Payal Kadakia, founder of ClassPass and author of 'LifePass,' shares her journey from launching a fitness subscription service to navigating the challenges of the pandemic. She candidly discusses how ClassPass adapted by pivoting to virtual events and the eventual acquisition by Mindbody. Payal also introduces her unique goal-setting method, focusing on personal aspirations rather than conventional resolutions. Her insights on resilience, authenticity, and balancing dual identities shed light on her holistic approach to life and business.
31:29
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Quick takeaways
- ClassPass adapted to the challenges of the pandemic by pivoting to video and live workouts and focusing on operational efficiency.
- The LifePass Method emphasizes the importance of purpose, exploring new experiences, and embracing one's authentic self for personal and professional growth.
Deep dives
ClassPass's journey through the pandemic
ClassPass, a fitness brand offering a platform to sign up for various fitness classes, faced challenges during the pandemic when fitness centers shut down. Despite layoffs and uncertainty, the company remained resilient. They pivoted to video and live workouts and focused on operational efficiency. In 2021, ClassPass was acquired by mindbody. The founder, Palkadakia, reflects on the importance of purpose, resilience, and adapting to change. She also discusses her book, 'LifePass: Drop Your Limits and Rise to Your Potential' and emphasizes the need for people to set goals, explore new experiences, and embrace their authentic selves.
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