Overcoming the Odds: She worked for free to learn the biz and now owns several Nothing Bundt Cakes franchises.
The Steve Harvey Morning Show
iHeartPodcasts
4.5 • 2.2K Ratings
🗓️ 17 September 2025
⏱️ 28 minutes
🧾️ Download transcript
Summary
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Charlie Shabazz.
🎯 Purpose of the Interview
The interview aims to:
- Showcase Charlie Shabaaz’s journey from CPA to bakery franchise owner.
- Inspire listeners to overcome fear and pursue entrepreneurial dreams.
- Educate the audience on franchising, financial discipline, and community engagement.
- Highlight the importance of adaptability and vision in business success.
🧠 Key Takeaways 1. From CPA to Cake Boss
- Charlie is a Temple University graduate with a master’s in taxation.
- She worked in corporate accounting before pivoting to entrepreneurship.
- Her transition was sparked by a desire to fill a community need in Tucker, GA.
“I was committed to bringing a bakery… I was kind of on the hook.” – Charlie Shabaaz
2. Overcoming Fear and Taking Leaps
- Charlie moved from Philadelphia to Atlanta with no job contract—just faith.
- She offered to work for free to learn business taxes, showing initiative and humility.
- Her story emphasizes that fear is natural, but planning and persistence are key.
“I took a temp job. It took a leap of faith.” – Charlie Shabaaz
“Fear drives so many people from reaching their ultimate dream.” – Rushion McDonald
3. Franchise Journey
- Initially planned a pie business, but pivoted to Nothing Bundt Cakes after discovering the brand.
- She researched and connected with the franchise team, ultimately choosing it over another bakery concept.
“I Googled bakery franchise… and it morphed into Nothing Bundt Cakes.” – Charlie Shabaaz
4. Financial Discipline & Real Talk
- Despite being a CPA, Charlie shared her own struggles with money and credit card debt.
- She used spreadsheets and strategic payments to eliminate debt.
“I had a spreadsheet… I was committed to the $200 here, $250 there.” – Charlie Shabaaz
5. Community Engagement & Leadership
- Charlie is active in local business associations and chambers of commerce.
- She believes in giving back to the community and building relationships.
“Businesses come to communities and take… I want to give back.” – Charlie Shabaaz
6. Franchising Explained
- Franchising is about buying a proven business model.
- The founders of Nothing Bundt Cakes created a replicable system that franchisees can follow.
“You buy the blueprint… once you prove the concept can be done by anyone, anywhere.” – Charlie Shabaaz
7. Empowering Black Women Entrepreneurs
- Charlie attributes her drive to her mother’s encouragement and the desire to break out of North Philly.
- She highlights how Black women are the fastest-growing segment in entrepreneurship.
“Our mothers are the backbone of why we’re so successful.” – Charlie Shabaaz
💬 Memorable Quotes
- “I didn’t bake. I used to just cut the cookie roll and spray the pan.”
- “You don’t have to be a baker. You just have to have the passion and the ability to work hard.”
- “Know what you’re good at and what you’re not good at.”
🌟 Impact of the Interview
This episode resonated deeply with listeners, sparking live call-ins from aspiring entrepreneurs. It served as a masterclass in courage, adaptability, and community-driven business.
#STRAW
#BEST
#SHMS
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.6 | Hi, I'm Roshan McDonnell. |
| 0:06.4 | I host the weekly Money Making Conversation Masterclass show. |
| 0:09.4 | The interviews and information that this show provides are for everyone. |
| 0:12.9 | It's time to stop reading other people's success stories and start living your own. |
| 0:17.4 | If you want to be a guest on my show, please visit our website, |
| 0:21.2 | Moneymakingconversations.com, and click the be a guest button. |
| 0:25.5 | Press submit, and the information will come directly to me. |
| 0:28.7 | Now, let's get this show started. |
| 0:30.8 | Please welcome to Money Making Conversations Masterclass, the franchise owner of a nothing |
| 0:34.9 | bunk cake location, Charlie Shabas how you know charlie i'm wonderful |
| 0:39.1 | how are you rich on i'm happy to be here thank you for having me well first of all let's talk |
| 0:43.5 | about the relationship uh you know in my business somebody had um a delivery gifted me yes |
| 0:50.6 | you're your product and i was happy because if I know they follow me, they |
| 0:57.2 | know I love sweets. And I immediately invited you because I asked you, I said, because, you know, |
| 1:01.9 | I'm going to be honest with it. I stereotyped. I thought she was just a delivery person. She said, |
| 1:05.6 | no, I am the owner of this location. I went, wow. And I said, can you come on my show? |
| 1:10.9 | And we've been going back and forth because your schedule's been busy. Yes, it had. And finally, you're able to come on my show. Before it was perfect. Let's talk about what you do. Let's talk about before you made this decision, Charlie, to be a franchisee. A little background. I'm a CPA. So I've been in accounting my whole life. always knew I wanted to be an accountant from Philadelphia. I went to |
| 1:30.8 | Temple University. I'm a CPA. So I've been in accounting my whole life, always knew I wanted to be an accountant |
| 1:28.6 | from Philadelphia. I went to Temple University for my undergrad in accounting, had a taxation |
| 1:35.2 | class, and I was like I want to do taxes. So I went and got my master's in taxation. And that's what I did. |
| 1:44.1 | So I was a tax accountant for most of my life, and I thought I would do that for the rest of my life. I'm going to tell you something. I am afraid to do tax. I would agree with mathematics. You cannot. Even in the easy form, I get nervous. I swear to you, I will go to H&R, whatever, whatever whatever about that on tax, I would take it easy for it. You know, you just do this. It's on you. So for you, I am like bowing down to you to say, because you're confidently saying this, taxes, that's what I do. I do taxes, taxes. When you look at a guy, and people tell me I'm pretty smart. |
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