4.8 • 1.1K Ratings
🗓️ 8 November 2022
⏱️ 55 minutes
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0:00.0 | Every day was grueling. I mean physically grueling. It was like I was rolling downhill and all of these magical things kept happening and I've learned since then. I mean, there was a moment in time where I was like, oh yeah, I got this. I got this entrepreneurship thing. I'm good. I do this pretty well. |
0:16.0 | And I made a couple decisions that were not as intentional or maybe as aligned. |
0:21.0 | And felt flat on my face and I was like, right, right. Good reminder. Move with intention. Make sure everything is aligned. Purpose driven, grounded in a bigger why. That's what really moves the needle. |
0:36.0 | I'm on this journey with me. Each week when you join me, you're going to chase down our goals. |
0:42.0 | To overcome adversity and set you up for better tomorrow. |
0:47.0 | I'm ready for my close time. Hi, and welcome back. I'm so excited for you to meet our guests this week. Candace Nelson is a serial entrepreneur. New York Times bestselling author, Wall Street Journal contributor, angel investor, TV personality executive producer and mom. |
1:05.0 | Candace worked in investment banking sounds boring and then at an internet startup before shifting gears to follow her passion and attend hastery school. |
1:14.0 | In 05, she opened the doors to sprinkles. I think you heard of it. The world's first cupcake bakery. Despite the early naysayers, her tiny bakery and Beverly Hills disrupted the legacy bakery industry and ignited a worldwide cupcake phenomenon. |
1:30.0 | In 2012, sprinkles introduced its cupcake ATM, a cutting edge, contactless cupcake delivery system. |
1:38.0 | Today, sprinkles has sold more than 200 million cupcakes and has more than 20 stores, 30 cupcake ATMs and a thousand employees. In 2017, Candace co founded pizza. |
1:51.0 | A fast-growing chain of award-winning neonapolitan pizzerias leading the third wave of pizza in the US. |
1:58.0 | Pizzeria cemented Los Angeles as a pizza destination and revolutionized pizza takeout with its innovative heat and slice-at-home method. |
2:06.0 | Pizzeria also shipped frozen pizzas nationwide in 2021. Candace co-created an executive-produced best-in-do, a Hulu show starring Pizzeria executive chef Danielle Udidi. |
2:18.0 | Through CN2 Ventures, a family office and venture studio, Candace has backed, I'm losing people, has backed a diverse portfolio of startups and specialty food, retail, health, wellness, and early childhood spaces, with a focus on female and underrepresented founders. |
2:35.0 | Candace is also a beloved global baking personality. On the small screen, she starred in Netflix Sugar Rush and Food Network's Cupcake Wars. |
2:45.0 | She is also the author of the New York Times best-selling cookbook, The Sprinkles Baking Book. She lives in LA with her husband and two sons. Candace, thank you so much for being here today. |
2:55.0 | I am delighted to be here. Thank you for having me. |
2:58.0 | Oh my gosh, Candace, let's get into it. For those that don't know your story or oftentimes, and you know this, people just see the success on the outside and I hate, hate, hate that because then they can't relate to where they are. |
3:10.0 | I love that you were fired because I was fired and I love the massive success that you have obtained. Can you take us back to what was going on back when you were investment baking and banking what happened to you? |
3:24.0 | So I was raised in a very risk-averse family. So there was no inkling that I would ever become an entrepreneur. My dad was a corporate lawyer. We moved around internationally all of our life and the priority was education. |
3:37.0 | So I went to a very academic boarding school. I went to a great liberal arts college. And then from that, I was recruited into an investment bank in Silicon Valley. Well, actually in San Francisco, but we were working with tech companies in Silicon Valley. |
3:49.0 | And you know, just figured I would keep marching my way up the pathway to success. But of course, that was the dot-com boom days. And then a few years later was a dot-com bust. And I was out of a job without any prospects. |
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