4.4 • 6.8K Ratings
🗓️ 21 September 2021
⏱️ 82 minutes
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ClassPass users around the world have logged more than 100 million hours of workouts, while Dave’s Killer Bread is flying off shelves at a record pace. What do their founders attribute the success of their brands to?
At a recent Business Mastery event, Tony Robbins hosts an in-depth conversation with both Payal Kadakia, the founder and CEO of ClassPass, and Dave Dahl, the founder of Dave’s Killer Bread.
ClassPass is this decade’s first unicorn, a start-up that reached a billion dollar valuation. But it is Kadakia’s passion for and dedication to her company’s mission of providing soul nourishing experiences to its community that drives her daily.
After spending 15 years in prison, Dahl seized his second chance by creating healthy, great-tasting bread recipes that became Dave’s Killer bread. He sold his company a few years ago to the second-largest bakery in the nation for $275M.
While Kadakia and Dahl have very diverse backgrounds and entrepreneurial stories, they both harnessed challenges, obstacles and disappointments to drive them, rather than destroy them. They became servant leaders, dedicated to the needs of their raving fans, which translated into incredible opportunities to change the world through innovation and inspiration.
Watch the discussion here.
[01:25] Introduction of Payal Kadakia
[02:45] Facing adversity
[5:35] What creating ClassPass was about
[6:12] Don’t lose your connection to your why
[6:26] False signals of success
[6:50] MVP: Minimum Viable Product
[7:20] Their biggest customer behavior challenge
[8:15] ClassPass evolution, 3 versions
[12:30] Be mission obsessed, not product obsessed
[13:00] COVID and ClassPass
[17:05] ClassPass’s Mission
[18:46] Focusing through iterations.
[20:55] ClassPass Capital raises
[21:58] Culture at ClassPass
[26:10] Being a woman of color is a strength.
[27:29] Failure is a data point. It is part of the journey.
[28:17] Introduction of Dave Dahl of Dave’s Killer Bread
[30:28] Dave’s first transformation.
[31:15] Dave’s rock bottom.
[34:10] What changed Dave’s life.
[34:53] Dave’s relationship with his brother.
[36:22] Idea born: Dave’s Killer Bread.
[38:57] Branding evolution of Dave’s Killer Bread
[41:50] Expansion through risk taking.
[44:53] Giving felons a second chance through employment.
[48:05] When old patterns reemerge
[53:15] The sale of Dave’s Killer Bread
[55:20] After Dave’s Killer Bread
[56:33] Dave’s Philanthropy: Constructing Hope
[58:50] Audience question from Brian: what was the moment that you felt the biggest turnaround?
[01:07:47] Audience question from Sarah: how do I make my idea happen? What are the steps?
[01:13:27] Audience question from Daniel: how do you create balance between your personal expansion and your business expansion?
[01:21:27] Sign off
Click on a timestamp to play from that location
0:00.0 | These five days I'm going to give you some of the best strategies that have helped me grow |
0:04.3 | from nothing to over $6 billion a year in business across all my company. |
0:08.8 | And I'm not going to teach you my tools. |
0:10.8 | I'm going to teach you what I've learned from the greatest entrepreneurs in the world. |
0:13.8 | You're also going to learn from each other. |
0:17.0 | Every business has three to five key numbers. |
0:19.3 | If you identify what those are, you're going to have no choice but to absolutely destroy |
0:25.1 | your goals in your business. |
0:27.0 | The business mastery for me is for anyone in any business, you will go home with every |
0:32.0 | single tool you need to create the business you've ever dreamed of. |
0:38.8 | Business mastery is five days of not just learning Tony strategies, but also learning from some |
0:43.3 | of the greatest entrepreneurs in the world. |
0:46.2 | And what you're about to hear is exactly that Tony digging in to some of the secrets of |
0:50.0 | success from two totally different brands that are both now household names. |
0:55.9 | To enjoy this episode, we're Tony interviews, Pyle Kadakia, the co-founder and CEO of Class |
1:00.4 | Pass, and Dave Dahl, the co-founder of Dave's Killer Bread. |
1:03.8 | You can find out more about Business Mastery at www.TonyRobbins.com slash Business Mastery. |
1:20.7 | The first person I'm going to introduce you to is a true unicorn. |
1:25.3 | If you know what I mean in business, it's a person who built a company from scratch to |
1:29.0 | over a billion dollar valuation. |
1:30.4 | She was the first unicorn of the decade. |
1:32.5 | A little company called Class Pass. |
... |
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