Expecting to Pivot with ClassPass’s Payal Kadakia

Masters of Scale X Network Capital

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Dear Community Members,

Over the last 1.5 years both Network Capital and Masters of Scale have hosted leaders like Indra Nooyi and Rana el Kaliouby who have built their category of one in business and entrepreneurship. Our missions are complementary and so is our strategy. That is why partnering with Masters of Scale was a no-brainer. Now when you subscribe to Network Capital, you get free access to the Masters of Scale courses app and when Masters of Scale users subscribe to Network Capital, they get flat 25% off.

“I’ve often said that starting a company is like jumping off a cliff and assembling a plane on the way down.” Reid Hoffman

The beauty of the Masters of Scale courses app is that it lowers the barriers to entrepreneurship. By spending 10 minutes every day, you can build strong mental models for starting your own company. There is so much content online that it can get intimidating to take the first step. Masters of Scale curates insights from the best entrepreneurs around the world and contextualizes it to your life.

Of course you learn by doing. Reading and going through quality content is necessary but insufficient. That is where Network Capital comes in. Our live cohort-based courses like the CEO Fellowship, D2C Fellowship and “I don’t know what I want to do with my life” Fellowship are designed to help you conduct low-risk micro-experiments so that you can build your category of one step by step, ferociously.

Lesson: Expecting to Pivot with ClassPass’s Payal Kadakia

Key Takeaways: 

The most successful entrepreneurs are always ready to adapt their original idea into one that meets the market.

  1. Use a pivot to refocus: Don’t fight the impulse to pivot – expect it, and turn it into an opportunity.

  1. Pivot, pivot again: Be prepared to make drastic changes.

  1. Get creative with WHAT you pivot: Don't just think about pivoting your product, pivot your target customers.

  1. Assess the upsides and the downsides: Every pivot requires a risk-reward calculation.

The Masters of Scale Courses app is a powerful tool that cultivates a winning mindset in growth-focused leaders at any level. Each course is divided into short-form audio bites called ‘Daily Practices,’ lead by Reid Hoffman and some of the world’s most successful entrepreneurs. Each Daily Practice unlocks surprising truths about scaling a business (the stuff we don’t learn in school), with actions to put into practice right away. In the app, you’ll earn a beautifully designed certificate upon completion of each course.

If you’d like to hear more from Masters of Scale Courses, we’re pleased to be able to offer an exclusive 50% discount on annual membership to the app.

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