From Maman To Dumpling Daughter: Million-Dollar Eats
In the competitive food and beverage industry, these entrepreneurs tapped into their childhoods to turn their culinary passions into multimillion-dollar businesses. Chapters: 00:00 – Intro 01:17 – Nadia Liu Spellman, 41, brought in $4.5 million over a year through her dumpling business. Nadia is the founder and CEO of Dumpling Daughter, a quick-service restaurant chain and direct-to-consumer dumpling business based in Boston, MA. 08:53 – Despite being a child of Kenyan coffee farmers, it took a trip to America, an MBA at Harvard and a short stint in investment banking for Margaret Nyamumbo, 36, to realize she could build a profitable coffee business while giving back to the sort of farms that raised her. In 2023, her business Kahawa 1893 sold more than $3 million worth of coffee. 18:08 – Elisa Marshall and Benjamin Sormonte invested all of their life savings, plus more money from family and friends, to open a cafe called Maman in New York in 2014. Last year, Maman's 34 locations brought in nearly $50 million. "It was one of the biggest financial risks we could ever take," says Marshall. Produced by: Tasia Jensen, Raffi Paul Managing Producer: Beatriz Bajuelos, Eric M. Clark Additional Camera: Lauren Shamo, Valentinia Duarte, Timothy Fadek Editor: Marisa Forziati, Amy Marino Animator: Elham Ataeiazar, Gene Kim Reporter: Megan Sauer, Ryan Ermey, Tom Huddleston, Jr. Additional Footage: Getty Images, Nadia Liu Spellman, Margaret Nyamumbo, Kahawa 1893, Maman Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Want to up your AI skills and be more productive? Take CNBC’s new online course on “How to use AI to be More Successful at Work" to leverage AI at work, and in life. Sign up now and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+ taxes and fees) through February 11, 2025: https://cnb.cx/4fYChu6 Connect with CNBC Make It. Online Get the latest updates: https://www.cnbc.com/make-it Find CNBC Make It. on Facebook: https://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. on Twitter: https://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. on Instagram: https://bit.ly/InstagramCNBCMakeIt #CNBC #CNBCMakeIt From Maman To Dumpling Daughter: Million-Dollar Eats
Unlocked is a new home tour series focused on how much people across the U.S. spend on their housing, what they get for the money and what they had to sacrifice to make it happen.