Creating Confidence with Heather Monahan - Dream BIG & Bet On YOURSELF! With Candace Nelson The Founder Of Sprinkles Cupcakes Episode 267

Episode Date: November 8, 2022

In This Episode You Will Learn About:  Making intentional decisions   Finding your purpose   Shifting career paths  Resources: Website: candace-nelson.com Read Sweet Success  Join The ...Pie Pop-Up  Email: hello@candace-nelson.com  LinkedIn & Youtube: @Candance Nelson  Facebook: @sprinklescandace Twitter & Instagram & TikTok: @candacenelson Overcome Your Villains is Available NOW! Order here: https://overcomeyourvillains.com  If you haven't yet, get my first book Confidence Creator Show Notes:  Sometimes following your dreams means you have to make a MAJOR life change! When you listen to your gut, there’s NOTHING you can’t accomplish. Candace Nelson, serial entrepreneur and founder of Sprinkles Cupcakes is here to inspire us to go after our goals- strategically! To create a market that doesn’t exist, you have to think outside of the box. People won’t always understand you at first, but Candace encourages us to think big and start small. Start going after your goals, one day at a time!   About The Guest: Candace Nelson is a serial entrepreneur, a New York Times Best Selling Author, an Angel Investor, TV personality, and so much more! She had a career in investment banking before making the switch to follow her passion and attend pastry school. Candace went on to open Sprinkles Cupcakes, the world's first cupcake bakery, igniting a cupcake phenomenon. Sprinkles now has cupcake ATMs, thousands of employees, and world wide support for their delicious business!  If You Liked This Episode You Might Also Like These Episodes: How To Build SEXUAL Chemistry, With Ashley Stahls You Turn Podcast Host  The Money Making Formula That Will SURPRISE You With Derrick Kinney CEO Of Good Money Framework  The 3 Steps For EMBRACING Change With Heather!  Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:56 visit GlobalXETFs.com. Every day was grueling. I mean, physically grueling. It was like I was rolling downhill, and all of these magical 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. And I made a couple decisions that were not as intentional or maybe as aligned. 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
Starting point is 00:01:32 why. That's what really moves the needle. I'm on this journey with me. Each week when you join me, you're going to chase down our goals. Never come adversity, it and set you up for better tomorrow. Faster, no sleep, no sleep. I'm ready for my close time. Hi, and welcome back. I'm so excited for you to meet our guests this week. Candice Nelson is a serial entrepreneur,
Starting point is 00:01:55 New York Times bestselling author, Wall Street Journal contributor, angel investor, TV personality, executive producer, and mom. Candice worked in investment banking, sounds boring, and then at an internet startup before shifting gears to follow her passion and attend hastery school. In 05, she opened the doors to sprinkles.
Starting point is 00:02:16 I think you heard of it. The world's first cupcake bakery. Despite the early naysayers, tiny bakery and Beverly Hills, disrupted the legacy bakery industry and ignited a worldwide cupcake phenomenon. In 2012, sprinkles introduced its cupcake ATM, a cutting-edge, contactless cupcake delivery system. Today, sprinkles has sold more than 200 million cupcakes and has more than 20 stores, 30 cupcake ATMs and 1,000 employees. In 2017, Candace co-founded Pizzana,
Starting point is 00:02:50 a fast-growing chain of award-winning neonapolitan pizzerias, leading the third wave of pizza in the US. Pizzana cemented Los Angeles as a pizza destination and revolutionized pizza takeout with its innovative, slice at home method. Pizza and also ships frozen pizza nationwide in 2021. Candice co-created an executive produced best Indo a Hulu show
Starting point is 00:03:14 starring pizza executive chef Danielle Udidi. Through C and two ventures, a family office and venture studio. Candice has backs back. I'm losing people has 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. Candice is also a beloved global baking personality. On the small screen, she starred in Netflix Sugar Rush and food networks cupcake wars.
Starting point is 00:03:45 She is also the author of the New York Times bestling cookbook, The Sprinkles Baking Book. She lives in LA with our husband and Tucson's. Candace, thank you so much for being here today. I am delighted to be here. Thank you for having me. Oh my gosh, Candace, let's get into it. For those that don't know your story or oftentimes,
Starting point is 00:04:03 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. 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 investing baking and baking what happened to you? 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.
Starting point is 00:04:32 We moved around internationally all of our life and the priority was education. 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 recruited into an investment bank in Silicon Valley. Well actually in San Francisco but we were working with tech companies in Silicon Valley. And you know just figured I would keep marching my way up the pathway to success.
Starting point is 00:04:54 But of course that was the dot-com boom days and then a few years later was the dot-com bust. And I was out of a job without any prospects. And so I spent a lot of time on the couch watching Martha Stewart, watching Oprah Winfrey. I was totally lost. I was having a, not a midlife, I guess it would be called a quarter life crisis at this point because I had done everything right and it hadn't turned out. And a couple of things happened.
Starting point is 00:05:23 So I was actually planning my wedding at the time. couple of things happened. So I was actually planning my wedding at the time I just been engaged. So I figured, what the hell, I'll end up going to business school eventually. But for now for the next few months, I'll just plan my wedding. And so I was, you know, nose deep in Martha Stewart weddings magazines and happened to notice that there were, there was a new entrant onto the like wedding cake scene. It was these cupcake towers. And I'm sure everybody just nods their head now, but at the time it was a new idea. Nobody ever opted for anything but the traditional wedding cake.
Starting point is 00:05:56 And so there were these fun cupcake towers that had kind of appeared on the scene. That sort of worked its way into myself conscious. And then my husband and I ended up going on our honeymoon, getting married, going on our honeymoon. We had this blissful two weeks in the South of France, I ate every Quasant in the country, and then on the way back home to the States, we were in the airport, we noticed this commotion going on around the TV screens, but everything was in French, so I couldn't understand it. And I found some kind person to share with me that something really terrible had happened in New York.
Starting point is 00:06:29 And of course, that was 9-11. And it took me two weeks to get home between the planes getting grounded and not wanting to step on a plane to begin with. And by the time I got home, I realized that I didn't wanna go to business school. I wanted to do something that brought me joy. And I wanted to do something that just injected
Starting point is 00:06:47 at least a little bit of meaning back into the world because if it could all in tomorrow, what would my legacy be just sitting at a computer and crunching numbers? So it was really the first time I'd ever reflected on what it was I actually wanted to do. So instead of going to business school, I decided to embrace my early childhood love of baking and go to pastry school. Big love. I would imagine so many people would come to you at that point and say, you're losing your mind, you're so smart, you built so much here, don't walk away from this, just reinvent
Starting point is 00:07:18 yourself in this arena. How were you able to tune out that noise and tune into that inner child? That's a great question because you're right, everyone. I think they thought, yes, I'd lost my mind, but it would be temporary. At least, right? I was going to just go to pastry school, get it out of my system, and then head back on to business school and go on my merry way. But what I learned was, I really loved baking.
Starting point is 00:07:43 I loved getting up every morning and creating something tangible and making something artful that I could give to someone and watch them enjoy. Like, it just was so simple, but it was grounding and it made so much sense to me. And it was what I'd really been searching for in that time. So even though I didn't know exactly what it was going to look like yet, I knew I was going to launch a business around my baked goods. I was good at it. I had a real sense of my own aesthetic. And at first, I tackled cakes, but realized that special occasion cakes, people don't buy that often, wasn't great business. So again, that sort of idea of the cupcake tower kept coming back into my mind. Meanwhile,
Starting point is 00:08:23 at the time, as I walked through the supermarket bakeries, there were all these sad cupcakes stacked up, you know, in plastic clamshells, they were shelf stable. They were just made for kids birthday parties. And I thought, huh, what if I elevated the cupcake? What if I reinvented it? And so I became obsessed with this idea. I thought it was genius.
Starting point is 00:08:43 Meanwhile, everyone around me was like, yeah, that's not a good idea. That'll never work. For one, there's a reason that there aren't any cupcakes only bakeries. Bakeries don't make very much money. So they have to sell all the things all day long. This is just how it's been done for generations.
Starting point is 00:08:59 You're not gonna change it. Second reason, it was the height of the low carb craze. Everybody was eating burgers without the bun and bacon for breakfast and I thought, I don't know, I think there's still people out there sneaking some carbs. And I bet if I can make a cupcake that's worth it, that's splurge-worthy,
Starting point is 00:09:18 and also make it aspirational and giftable, I would increase the market beyond kids' birthday parties to something that could live alongside flowers or candles. So I saw it, and I think it was because I was in this unique situation where I really had my hands deep into baking, so I saw the need in the market, whereas other people didn't necessarily. And they were trying to protect me, but it was really, I'll give my husband a lot of credit. He left his job too. In finance,
Starting point is 00:09:47 he had his MBA and he said, I will do this with you. And it really took him saying, I believe in you, for me to get the confidence because I didn't have that model of entrepreneurship in my life. Everyone was telling me it wouldn't work. I had this idea, but I didn't know that I could even be an entrepreneur at the time. So to have that emotional support and have that person by my side who believed in me was truly everything in the beginning. I think now we have so much more as women in terms of professional support and places to turn, but at the time it was literally me and the TV screen with Martha Stewart, Oprah Winfrey, and then my husband by my side. That was it. National security experts are warning.
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Starting point is 00:13:03 NetSuite.com slash monahan. It's incredible, like you said, when one person believes in you, it can change everything to validate this idea that you're having. And also what you just said reminds me, it's so important who you pick as your spouse. And so often this is not talked about as someone
Starting point is 00:13:22 who's divorced, but it truly, truly is to have that right or die right next to you is brilliant. It was amazing. And honestly, the fact that people always say, well, when do you turn it off, when do you turn off some of our best ideas were, you know, late at night, like the cupcake ATM, we came home late from a party. And I wouldn't have had that brainstorm if someone wasn't living in the house with me, right? Because it was late at night. I had a pregnancy craving. I couldn't get a cupcake and The store was closed. There were none in the house and I just thought well, what if you could get a cupcake any time day or night? And he and I are just so accustomed to like batting around these what we call crazy ideas that we went with it like we ran with it
Starting point is 00:14:03 Instead of just dismissing it and letting it go guys listen right now those crazy ideas that we went with it, like we ran with it instead of just dismissing it and letting it go. Guys, listen right now, those crazy ideas are not crazy. They are actually businesses and then new businesses within a business that are new revenue streams. So, love all of it. All right, so where do you guys go? You both agree this is where you're gonna move to,
Starting point is 00:14:19 but you don't really, you have no idea. You have no prior experience. And you're inventing something new, you're inventing a market that doesn't exist. Exactly, so we were a category creator, essentially. Yes, bakery's existed, but none like ours. And at the time you could go buy one of those shelf stable cupcakes at Rouse for 75 cents,
Starting point is 00:14:39 but we were making cupcakes elegant and luxurious and charging $3. And the whole experience had to reflect that. So I was, and I say this in my book, it's so important as women in particular to dream those big, wild, crazy, unwieldy dreams. And dreams that light you up, right? That sort of light that fuel inside
Starting point is 00:15:01 and get that passion going. But entrepreneurship is not just throwing all caution to the wind, right? It's taking a calculated risk. So as much as I want you to dream big, I want you to start small. You know, start with those baby steps. Test your idea. Test your thesis for traction before you go all in.
Starting point is 00:15:20 And so what that meant for me was I just started baking, you know, while I was perfecting my recipes and creating the brand, I just started baking. You know, while I was perfecting my recipes and creating the brand, I just started baking out of my LA kitchen and, you know, first I was just delivering them to friends for free. And then they kind of took on a life of their own, friends of friends would call and get cupcakes for me in my kitchen and then all of a sudden people were calling me
Starting point is 00:15:40 I could not track how they'd found my number. And that was when I thought, huh, there's people out there eating carbs, first of all, and I might be onto something because there's nothing in the market that exists for this yet. And started looking for a location. And then there was one phone call
Starting point is 00:15:55 that really got your attention. Oh, yes. I went from literally, you know, being the cupcake pusher on all of my friends at every party too, the producer of the Tyra Banks show calling me and wanting me to make cupcakes for Tyra's 30th birthday. I mean, this is because I had come from San Francisco. I had no entertainment or Hollywood connections, right? And I think that's, it's easy to kind of look at stories like mine.
Starting point is 00:16:20 I mean, Oprah Winfrey talked about our cupcakes every star in Hollywood, you know, celebrated with sprinkles. I'd only watched these people on TV, right? So it was a testament to the product, you know, a product that didn't exist, a product that was memorable that people wanted more of, and also just the fact that what we were doing was innately innovative.
Starting point is 00:16:39 So it got people's attention. It flew in the face of what they were expecting. Okay, so now once you got that phone call yet again, other than your husband, this is like another moment of validity, like, okay, next level. Okay, now we need to start producing more. You're going to go find a location. You don't know anything about finding commercial property. What does that look like?
Starting point is 00:16:58 Well, it was really humbling because it was a really tight real estate market at the time and no landlords want to rent to anyone who has no experience in retail. And they also particularly don't want to rent to anyone who has a crazy, innovative, never been done before business idea. So I could barely get anyone to call me back. Once I got someone on the phone, I remember one landlord actually hung up on me, that was rude.
Starting point is 00:17:24 And then, you know, there were a few locations that we went sort of down the road on, but then they fell out for various reasons. The location we ended up in in Beverly Hills, that landlord had initially said no to us. So a real testament to perseverance, right? When you think that like all is lost and you've heard your hundredth no. And you think, should I throw in the towel? Give it another shot. I turned that no into a yes. And before we knew it, we had a 90210 zip code. And people were lining up at our door. I just want to add on here, I pitched my agent 14 times on my new book. I got 14 no's until I pitched the 15 time and immediately we signed with HarperCollins leadership.
Starting point is 00:18:06 Don't give up the majority of people in the world will give up after one, two or three Nose. And that's it. It's done never. If you're serious about something, you're driven and passionate and don't give up. Don't be like the average person.
Starting point is 00:18:19 Just keep going. Okay, give me the Oprah story about like people lining up around buildings. I'm so loved that this happened for you. So it was really amazing. And I don't wanna just skip over those first few weeks and months because they were grueling.
Starting point is 00:18:34 I mean, everyone dreams of being met with unstoppable demand for their product, but this really became a bit of a problem because I was working out of still little mixers that you would find in your domestic kitchen. My recipes were yielding two or three dozen and people were showing up on day one and buying two or three dozen.
Starting point is 00:18:55 I thought they were gonna come and buy one or two as a snack and that's not how they were consuming our cupcakes at all. And so for the first few weeks and months, we were just drinking from a fire hose, trying to get our, you know, act together. Half the time our cupcake case was bare. People were yelling at us. We hadn't hired anyone. It was trolls in myself, like working double and triple shifts. We slept on the bakery floor twice. I mean, it was sad, sad, sad. But ultimately, we ended up
Starting point is 00:19:24 hiring some people, starting to, you know, get our systems in place, get some procedures down. And we got through our first holiday season, which was gnarly because we were the gift to get for like every studio in town. And it was January and we were like, thank God most of LA is on a cleanse. It was a week day. We were kind of, you know, closing up the bakery early and cleaning everything up and just hoping to get home and catch a little shut eye. And all of a sudden the phone rings and it says Harpo Studios, but Oprah had a production
Starting point is 00:19:57 studio here in LA. So I didn't think much of it. I just thought they were calling to get cupcakes into the office for the next day. So I pick up and the producers like, Oprah loves your cupcakes and I like had to pick myself up off the floor of course, because Oprah, we know got me through one of the hardest periods of my life, I worship her, she's amazing. And this also happened to be the height of her show.
Starting point is 00:20:18 I mean, she was almighty. And I said, wow, that's amazing. And she goes, yeah, and she'd like to have them on your show, second heart attack happens. And then she said, yeah, tomorrow at 5 a.m. in Chicago for the studio audience, that meant 350 cupcakes, frosted, packaged, taken to Chicago, which she was recommending that I give them to a career.
Starting point is 00:20:40 And all I could think of was, this is our shining moment. This is our opportunity to basically take this business from here to here. I am not handing over my cupcakes to a career. You know, all they had to do was put them under the plane and they'd get squashed into pancakes and that I would have blown over. It's over.
Starting point is 00:20:57 So I didn't know how I was gonna do it, but I said, don't you worry, we're gonna get them there. Booked a red eye, fired up the ovens that I just turned off, baked up three and a 50 of them, Charles and I were stacking all these cupcakes into shopping bags, like literally did not have anything except probably, you know, a wallet on me and just cupcakes.
Starting point is 00:21:14 And we were those like ridiculously annoying people going through security, taking every box out and putting them through, but all we had to say is we were going to Oprah and everyone was like, you go, you go, like go ahead of me. It's just, it was like this magical golden pass that we had. So we got there, didn't sleep a wink, we were backstage plating these cupcakes and all of a sudden Oprah shows up, the cupcakes come out, beautifully choreographed, everyone in the studio audience gets one and she basically says this love letter to Sprinkles cupcakes and talks about how Barbara Streisand sent them to her. All the Hollywood
Starting point is 00:21:49 stars love them. And Charles and I are back there like having an out-of-body experience. And the producer when we left was very understated. She was like, you might just want to be ready for little uptick in demand. And we're like, oh yeah, we got a new phone line. We're ready. We're ready. No, we're not ready. We were not ready. There were for months, lines wrapped around the block. It was, we were getting calls from around the world. I mean, keep in mind, we had all of a sudden like exploded as a brand internationally. We had one tiny bakery location. So, you know, we couldn't necessarily capitalize on all of it, but it did light a fire under us to like get it together and start scaling that business as fast as we could. Wow. If you're struggling with swelling in your legs, ankles are feet, you're going to want to listen up. Forget your compression socks and water pills.
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Starting point is 00:24:49 What are your thoughts on when something just organically happens like that for you? Yeah, I think I was fully in alignment. I was driven by this passion. I was also driven by this purpose about this purpose that spoke to bringing people together, unifying people around food, because I'm not a people pleaser, but I like it when everyone gets along. And typically, we're all fighting about stuff, right? And it's kind of a fractured and divisive world out there most of the time.
Starting point is 00:25:20 And what I love about food is the connectivity of it, the unifying nature of it. And so I was doing what I loved. I was trying to serve, you know, the world by injecting some joy and lightness and fun into it. And so even though 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 I was rolling downhill, and all of these magical things kept happening. And I've learned since then,
Starting point is 00:25:47 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. I do this pretty well. And I made a couple of decisions that were not as intentional or maybe as aligned,
Starting point is 00:25:59 and felt flat on my face. And I was like, right, right, good reminder. You know, right, right, good reminder. You know, move with intention, make sure everything is aligned, purpose driven, grounded in a bigger why. That's what really moves the needle. Oh, it's so good. Thank you for sharing that.
Starting point is 00:26:17 Okay. I don't want to glaze over the next things that have happened in your career because they're so amazing from you launching a pizza chain to you. The size that you grew sprinkles to, to TV and what you've launched. I mean, it's incredible the amount of unknown you just keep stepping into and finding massive success. But I really want to get to your new book, because I feel like this is what's
Starting point is 00:26:41 going to help everyone listening the most right now. Guys listening right now, if you're someone who, you always wondered, oh, I have this passion project and there's something I wanna do, but I don't even know what that would look like, or you know someone or your parent that's like, my kid doesn't has no idea what they wanna do. This book is for you.
Starting point is 00:26:58 This book, Candace, is what I wish I had the day I got fired when I sat on a couching pride and much like you put the TD on and didn't know what to do. But this book gives the most clear blueprint of very tangible steps you can take and pitfalls, success, and what you can potentially look forward to or be aware could be ahead of you. So I really want to dive into why wrote the book first. Oh, thank you for that lovely, those kind words. I really appreciate it. I wrote the book because after we scaled sprinkles to 11 locations,
Starting point is 00:27:38 eight years later, Charles and I made the decision to step away operationally from sprinkles. We sold a majority stake in the business. And at that time, with that sort of successful exit, so to speak, I had women approaching me who wanted advice. They wanted mentorship. They needed funding for their startups. And I realized, I've learned a lesson or two.
Starting point is 00:27:59 I've learned a thing or two. And I was so excited to be able to finally give back and pour into that next generation of founders and change makers. But as we know, there's only so many hours in the day and so I started mentoring some, investing some, but I really wanted to help women at scale. And what's the best way to do that? I mean, you can do a course, of course, but for me, I wanted to sit down and write a book and really reflect on this wild journey that I had just had. The lessons I learned, the failures, so I could share those with people.
Starting point is 00:28:29 We do a terrible job in the society of just sort of sweeping failure under the rug and then shining a spotlight on the success at the end of the day. And we also do a terrible job of glamorizing the wrong type of entrepreneurs. You know, there's a spectrum to entrepreneurship. And all we ever hear about are these dudes that are like building rockets into space and have just, you know, lost hundreds of millions of dollars and they're raising hundreds of millions of dollars more.
Starting point is 00:28:54 It's like I built a really big business out of something that anyone could do. I literally baked a cupcake and built a great business out of it. So I believe in entrepreneurship for everyone. And you know, whether or not you wanna start a business, this is also a love letter to women just to dream big and bet on themselves.
Starting point is 00:29:13 So did you write the book for women? That was my intention. It's for everyone. I didn't read it that way. Yeah, I was just gonna say. Okay, I definitely read it for anyone considering it. It is, no, it is for anyone, but in my heart and because of the work that I do with mentoring
Starting point is 00:29:31 women and investing in female and underrepresented founders' businesses, that was sort of a guiding force for me. But no, it's clearly for everyone, but I do think that women sometimes need a little extra support because we don't have the models for entrepreneurship, leadership, and success that our male counterparts do. We tend to suffer from imposter syndrome more than our male counterparts do. We can be more risk of verse. And so I really had women in mind as I was writing it, but I thank you, it doesn't hopefully scream as that. It doesn't. What you did, which I thought was really cute and smart,
Starting point is 00:30:09 was you used the baking elements in jargon that anyone can relate to, because we all know how to, make something that you use those words in Burbage to really apply to business, acumen, that I thought it was very well done. So let me just drop real quickly. So often people say to me, how they're great, you know, great interview,
Starting point is 00:30:30 but there wasn't anything tactical that I could take away. So I wanna jump into this quick, ready? Part one, dream of how to be a founder, seven steps, and then she breaks down seven steps. Part two, package it, embrace your inner marker. Five steps, she breaks down the five steps. Part three, build it, multitasking, five steps. She breaks down the five steps, part three build it multitasking, five steps. She breaks down the five steps,
Starting point is 00:30:48 part four, protect it, lead defend and plan your future, four steps. I really like not only obviously the story element, keep someone involved and you bring a number of different and really interesting stories and a couple of which I'd like to speak to, but you give
Starting point is 00:31:03 very specific questions to ask yourself, very specific, exercise that people can do. It is very tactical in nature, which I find is missing from a lot of books, and I think people don't like that element. Thank you so much. You are really speaking to my soul right now because everyone expected me to write a memoir. And I said, I'm going to share vulnerable moments and I'm gonna share fun stories throughout, but this is not about me. This is about inspiring and supporting
Starting point is 00:31:33 that next generation of entrepreneurs. I really want this to be a roadmap for people. So sweet success. Like I can meet you anywhere you are, right? It's from the moment you, if you don't even have the idea, all the way to building a brand, scaling the business, protecting it with intellectual property,
Starting point is 00:31:51 and maybe selling it someday. So it really runs the whole spectrum, and I wanted to keep it accessible with those sort of the play on those kitchen, cooking, baking terms, but I am tackling things like, as I said, intellectual property, finding product market fit, finding funding and where you can, whether you're crowdfunding
Starting point is 00:32:10 or working with venture capital funds or angel investors, these are hard and fast business principles, but accessible to all. Let's start with the finding the idea, because I do hear from a lot of people, I don't really know my purposes, I don't, you know, it's easy for you or easy for this person. It was, Candace, it was easy for you. You like baking. So you get into some of the questions that you want people to ask themselves. Can you share with them what some of that direction is? Well, I think you really have to, when you're trying to find your passion, I mean, I looked back to my childhood, right? I mean, and
Starting point is 00:32:42 and that's what a lot. I think I read when I was searching, I read what colors your parachute or something like that. I think I read it like three times. I was desperate to find my thing. I didn't know what my thing was. And I have a note on finding the one thing to speak about later. But I looked back to my childhood and I looked back to what I love to do in my spare time
Starting point is 00:33:01 when I was in my flow, when I was just so like engaged in what I was doing that I didn't realize time was passing. Now, I don't think every passion is going to translate into the idea. There are other things that I'll take you through in the book to kind of make sure that you're on the right track and to, you know, lean into frustration to find that idea or look to, you know, look internationally for inspiration or just to reinvent something that already exists but do it better. And that's essentially what Sprinkles was, right? I did not completely reinvent the wheel.
Starting point is 00:33:33 I did not invent the cupcake, but I realized it needed an update. And I realized that if I explored it through new eyes, new innovative ways, I could create a whole new industry. Blazing deals, balanced options. Its hot grill summer at Whole Foods Market from June 14 through July 4. Fire up the grill with quality cuts at the best prices. We're talking animal welfare certified meat. Check out the sales on Bone In, Rib Eye, Beef Cabobs, and New York Strip Steak. Round out your barbecue with plant-based proteins, sliced cheese, soft buns, and all the
Starting point is 00:34:09 condiments. Plus, sales on fresh strawberries, peaches, and more. Don't forget to pie, either. Get grilling at Whole Foods Market Terms Apply. What's interesting is you raise the price from the average cupcake, right? So most people would say, oh my gosh, you've got a cup, you've got a cup prices, you've got to be more affordable for people. You went the other way to make it more of an experience. Mm-hmm. I really had to take a stand and that was hard for me.
Starting point is 00:34:36 I was worried about charging those prices. It was not something people were used to, but first I had to get really comfortable with it myself. Like you cannot sell anything to anyone else that you do not wholeheartedly believe, and I just thought about the value that I was creating, working with the best chocolate, working with the best vanilla, baking fresh all day long, you know hand frost. This was an artisanal product, and then to get a little bit of extra confidence, I looked at what Howard Schultz had done. Right? Here was something coffee that people were used to either brewing
Starting point is 00:35:10 in their home or getting at the gas station. And they were lining up to spend $5 on a lot. Take like, there's not very much effort that goes into that. And so he had kind of raised the bar and he gave me a little bit of confidence. I wanted to do for cupcakes what Howard had done for coffee. And it's such a great analogy. And you do get into how to elevate your confidence and overcome imposter syndrome in the book. Can you give us some insight into those steps? Absolutely. Well, I think imposter syndrome, first of all,
Starting point is 00:35:39 we can reframe it a little bit because if you are feeling imposter syndrome, sometimes it's just because you are a little bit out of place. You are stretching yourself to a place that you've never been before and that's a good thing, right? So let's just not always think that imposter syndrome is a bad thing. But one way to sort of move beyond it, besides just baking it and making it, which obviously works if you can't feel it, but it's to sort of reflect on what you've done, the challenges and obstacles you've already overcome, because I know I do a terrible job of that. I'm much better at focusing on what I did wrong, you know, flogging myself for things I said that I shouldn't have, than ever sitting down and being like, did a good job, Candace.
Starting point is 00:36:21 I mean, that never happens. That was actually one of the things I did in writing this book. And that was a really beautiful thing. And I think, listen, we've all been through our unique challenges. We're all human. And if you can't think of the things that you've overcome, ask a friend or maybe start writing them down
Starting point is 00:36:40 because those are the building blocks to confidence. Oh, that's so true. I always keep a list of recent things that I've done that I'm so proud of. And even if you don't share it with anybody else, you keep it for you and you read those things right before you go take that next stage or that next big opportunity that intimidates you.
Starting point is 00:36:55 And it's just going to remind you, I've seen this movie before, I'm not going to die. I'm going to survive this one too and I might even thrive. So let's go and get it out. OK, one thing you mentioned that I really like is, you don't necessarily need to entirely reinvent something. And when I was reading that in your book, I was thinking about spanks and Sarah Blakely
Starting point is 00:37:15 and skims and Kim Kardashian, right? I mean, and essentially very similar products, right? And again, I don't know all the details in regards to what they're using to create their products, but it's the same goal and feel they want people to have that they look better and close, right? So there's no reinvention. What there is is rebranding, remarketing.
Starting point is 00:37:35 There's some very specific tactics that were deployed, but she didn't reinvent a segment. And I know you give some different examples around food. I know there was animes and one other brand. If you could share with us some of the insight into the examples that you use, because it really opens your eyes to, you don't need to reinvent the wheel.
Starting point is 00:37:56 It's so true. And I will, one note about the skims versus spanks thing. And I'm not familiar with them side by side. I'm definitely a long time spanks user and lever. But one thing came brought to the table, which is another way to start a business is her incredible community, right? One way that people are starting businesses these days is by becoming influencers, developing this fanatical base of like they're not customers. They're only consuming you But this community and then you kind of figure out what you want to put out into the world because you have this community
Starting point is 00:38:33 An audience of people that will buy anything from you So Kim kind of did it obviously that way and that's that's a real asset these days But then my friend gale becker for example with cally power She was the first to bring cauliflower pizza crusts to supermarkets. And it was again leaning into a frustration. She had two boys who were celiac. They couldn't eat regular pizza. And she noticed this viral trend online. Cally flower pizza. And so she tried it and it took her an hour and a half or two hours to like, grade the cauliflower and squeeze it all out and do the whole thing and she was like this was delicious but my
Starting point is 00:39:07 god I can't do that again. And so she actually found her idea and granted, you know, cauliflower pizza was around, it just wasn't in supermarkets and plenty of pizza crusts were around, but not her style. And so she leaned into a viral internet trend and created Collie Power and that's been incredibly successful brand. And of course has spawned so many other competitors. It's so amazing to me. If you identify a problem that you see, if you can find a way to focus and not fix it, that problem exists with many other people as well. So then you just need to find a way to bring it to market. That's so true. It's so true. But also it sounds simple, but it's not you have to be open
Starting point is 00:39:48 to the opportunity. You have to be eyes open, looking for it, instead of just grumbling at frustration, leaning into it and thinking, what if? How could I solve this? Am I the one to solve this? You talk a lot about what makes you unique or different could be your power. Can you share a little bit of insight into that? Absolutely. So it's your unique insight. I spent my whole life feeling different because I had been raised overseas and for whatever other reasons, I felt like an outsider. And what I realized was I had this interest and passion for baking that none of my friends shared. It made me different,
Starting point is 00:40:25 but it gave me my unique insight because I had this business experience. I had this passion for baking. I was, had this very unique aha moment that was only something for my eyes, or not necessarily just for my eyes, but I was the one person who took action on it. So, in the early days of sprinkles, I remember so many people coming in and saying, this was my idea. And at first I was like, oh, that's kind of rude. That's crazy. But what I realized was they were really just highlighting the difference between the dreamers and the doers because it's not enough to just have the idea. You have to take the action. The action is the all-important step. But yes, having
Starting point is 00:41:11 that unique insight and leaning into what makes you different and your unique experience that gives you the vision to see opportunity when other people don't. I believe, and I don't know where I've heard this, but I know it to be true, that if you're having an idea, some idea comes to you from, you know, wherever, and you're holding that idea from that idea is going to somebody else at the same time somewhere in the world, I don't know where it may be. Now, you have that opportunity, just like they will to act upon it and do something with it. Do nothing, do it your own unique way, do a better way, whatever, that's, you know, all up to you, or do nothing, but if you don't do anything like this person potentially did that was in line at Sprinkles, they probably did have an idea that hey, that would be so cool, but, you know, I'm too busy doing investment faking or whatever to I'm not going to go spend time doing this. I'll never forget when I wrote my first book, Confidence Prater, the idea came to me the title and the goal of the book, and I remember thinking in that moment, if I don't do this right now, somebody else is
Starting point is 00:42:07 going to do it, and I'm going to be so pissed at myself when I read their book. Like I was putting myself in that lady's shoes standing in your line, and that drove me to say, go do it. And what's funny is another woman, woman, there's two other women that wrote books. They weren't the same thing, but it was similar goal to empower people to build confidence within different titles, whatever, that came out within three months of each other. And again, you don't know which one will be the right one,
Starting point is 00:42:33 but you're never gonna know if you don't take that small step to move it forward to figure out what does it take to keep going and who knows, like you say in the book, if it's gonna work, if it tests the market and you take everybody through the steps they're gonna have to actually deploy to figure those things out.
Starting point is 00:42:48 But doing nothing will ensure you are standing in somebody else's dream in the future pests that you didn't move forward with it. So true, so true. And so painful. Yeah, listen, did I have a dream to have a nationwide cupcake business at the end of the day?
Starting point is 00:43:07 Yes, I did, but I had to break it down into manageable steps. If I had literally just thought, okay, I'm going to set out today to do that, I would have been completely overwhelmed, completely intimidated. And so I started small. And it was what I call following the breadcrumbs, but it was one step after another. And then all of a sudden, one step gets you a little further because you're building some momentum. And all of a sudden, like that push
Starting point is 00:43:30 where I was like, you know, pushing my cupcakes into the world became this pole. And I knew I was onto something. So you did have this massive vision when you started this out. I did not know that. Well, yes, because I didn't think it was necessarily reasonable because everybody said that we were going to fall flat on our face.
Starting point is 00:43:49 So at a certain point, that starts to sort of find a color your outlook. But it's like any rock star or artist who becomes huge. It's like, of course, they dreamed of that, right? They weren't sure if it was going to happen necessarily. It wasn't a natural occurrence, but they had it in their dreams. And I definitely had it in my dreams. I didn't know how it was going to get there. And maybe I was completely kidding myself.
Starting point is 00:44:17 But I also came from this world of investment thinking and technology where that is the mentality. You build a business, not typically a cupcake business, mentality you build a business, not typically a cupcake business, but you start a business, you scale it and you sell it. Like that is the model. So I was sort of raised in that and I thought to myself, I know this can work in LA. I'm pretty sure it can work in LA. I'm not sure it can work in every city across America, but I'm going to test it and find out.
Starting point is 00:44:42 We're going to scale this. I mean, this goes right back to the lessons in your book that you described and break down for everybody. Give us the insights into your branding. Oh yeah, so brand played such an important part in the Sprinkle story, and I actually take you through how to craft your brand from scratch in this book. And of course, it starts with your reason for being your Y.
Starting point is 00:45:03 And I mentioned that a little bit earlier, but really, sprinkles was about elevating simple everyday moments, injecting people's day with a little bit of joy and delight. And that started with the ingredients and how the cupcakes were baked. But then it extended to the experience. It extended to our fun, playful decorations on top of the cupcakes. It extended to even the marketing initiatives that we did. There was a time when we used Facebook back in the early algorithm days to put out these
Starting point is 00:45:36 whisper words. If you came into the store and whispered a certain word, if you followed us on Facebook, you'd get a free cupcake. You'd see these people online leaning over to the cashier and it was like this secret private club whispering into the cashier's ear and then everybody's like, what is that? What's going on? And so just these moments of like fun and nostalgia and delight sprinkled through all parts of our business.
Starting point is 00:46:00 And that comes from the branding exercise you do at the very beginning of starting your business, which is like, who are you? What are you trying to do? What's your larger reason? And then delivering on that brand purpose in everything that you do. The way that you break it down so tactically in each chapter is incredibly helpful for anyone. No matter, as you said earlier, if you already own a business, no matter if you're in a career and you're not satisfied and you're just wondering or pontificating about it, or if you're about ready to take the leap
Starting point is 00:46:32 or you find yourself out of a job, this is the roadmap that will show you how to take those small steps, the breadcrumbs follow those breadcrumbs to find something so much greater. Where can everybody find sweet success and how can they find you? Thank you.
Starting point is 00:46:47 So sweet success is available on Amazon, but I also hope people will look for it in their independent bookstores and that includes Barnes and Noble. And I am on TikTok and Instagram and LinkedIn at Candace Nelson, that's C-A-N-D-A-C-E, not I-C-E. You can find our pizzas are available in Southern California and we're also moving into Texas.
Starting point is 00:47:08 We're opening in Dallas in a few weeks. And then they're also available nationwide via Gold Belly, frozen pizzas. Oh my gosh, of course you are. And I'm sure that is gonna be the next initiative to scale and we will see it get so much bigger and maybe even a TV show to follow. Hey, you never know.
Starting point is 00:47:26 You never know. You never know. These are the people you want to surround yourself with, guys. Get the book, sweet success, get ready to go to the next level. Candace, thank you so much for creating it. Thank you for giving it back. And please don't stop creating. We all need what you're making. Thank you so much.
Starting point is 00:47:40 Thank you so much for having me. You are such a light. I love following you on LinkedIn and you are an inspiration to me. So thank you Heather. Thank you for being a woman that supports other women. Guys, until next week, start learning and growing. You can inevitably something will happen. No one succeeds alone. You don't stop and look around once in a while. You can miss it.
Starting point is 00:48:11 I'm on this journey with me. At a time when change is constant, and we are pulled in far too many directions, we need a way to stay present to life and to increase our ability to remain calm, think clearly, and maintain our well-being. Many studies indicate mindfulness improves our mental, emotional, and physical health. On a mindful moment with Theresa McKee, you can learn how to practice mindfulness and enjoy its many benefits. Tune in for guided meditations and to hear tips and advice from some of the most respected
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