PAYAL KADAKIA:- https://www.payalkadakia.com/
EDUCATION
Payal completed her Bachelors of science and management science education from the Massachusetts Institute of Technology.
AWARDS AND HONORS
- Entrepreneur of the year in 2015
- Most promising women entrepreneurs by Fortune in 2015
- The most 50 influential women in America by Marie Claire in 2015
- The next establishment by Vanity fair in 2015
- The professionals under 35 by LinkedIn in 2015
- She also featured as a Forbes magazine as a '30 under 30'
- Her company was ranked 2nd on the Deloitte fast 500 North America list
SUCCESS STORY
After completing her education Payal worked in Warner music group as an employee. But she was tired of corporate job life So, she wanted to do something new and big. Payal's passion has always been Indian dance. She wanted to make a dance company. She gains inspiration from her mother.
In the initial stage, she had not enough money to build a start-up. So, she collected money from her friends and family and she found some investors.
Then, she had the idea to create a search engine and reservation system for fitness classes. In September 2012, Mary Biggins was hired. In June 2012, She released her brand name with Sanjiv Sanghavi. It is a Classtivity. After passing a two-year she changed her brand name and rebranded as ClassPass.
Her father advised her during her college days It was, remember that the only thing constant in the world is change, so be flexible and adaptable. Entrepreneurs, especially, get very stuck on an idea or product, or the name of the company. She applied in her life and she became a successful entrepreneur.
In the COVID-19 pandemic situation, ClassPass started to stream classes online. They lose more profit but she believes in hard and smart work. So, she never closes her start-up.
Find time for yourself, because if you do not do that, you forget what you are fighting for and why you exist in the world.
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