How I failed: the gym business which went under, with Shares Co-Founder Benjamin Chemla
Serial entrepreneur Benjamin Chemla talks about rebounding when his gym businesses went under during the pandemic.
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Show Notes
Benjamin Chemla has been an entrepreneur for over a decade. He co-founded the massive on-demand delivery service Stuart in 2015 and currently he is the Co-Founder and CEO of Shares, a just-launched app which makes investing a social experience.
But between his successes, there was a high profile failure. Benjamin founded a group of gyms in New York City called Fithouse in 2017. Everything started great, classes running on everything from yoga to boxing. Investors had put up $10 million and he was turning a profit. But then came the pandemic…
Find out what happened next and why Benjamin decided it was better to walk away than stay and fight.
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