In short
Podcast Summary: Earn Your Leisure - From Baltimore to Soho: The Rise of Cloudy Donuts
Episode Overview In this episode of *Earn Your Leisure*, hosts Rashad Bilal and Troy Millings explore the entrepreneurial journey of Derrick Falcon, who transitioned from running a restaurant in Baltimore to establishing Cloudy Donuts, a vegan donut shop in Soho, New York. The discussion highlights Derrick's innovative business philosophy, his ambition to redefine success for Black entrepreneurs, and his strategic choice to position his business outside of predominantly Black neighborhoods.
Key Topics Discussed
Transitioning from Baltimore to New York
- Derrick Falcon shares his experience of moving from his restaurant, Homemade, in Baltimore to launching Cloudy Donuts in Soho.
- He emphasizes the importance of adapting to new environments and understanding local demographics.
Business Philosophy
- Focus on a Single Product: Derrick discusses the benefits of concentrating on a single product (vegan donuts) for scalability and efficiency.
- This approach simplifies operations compared to managing a full restaurant menu.
- Quality product and quick service are prioritized, reminiscent of a fast-paced business model.
Overcoming Challenges
- Derrick reflects on his past criminal lifestyle and the transformation he underwent to become a legitimate business owner.
- The podcast underscores the challenges he faced in transitioning from a criminal environment to entrepreneurship.
Marketing and Community Building
- Derrick's partnership with Zoditu has been crucial in introducing Cloudy Donuts to the New York market.
- They utilized community engagement strategies, including offering free samples to create buzz and attract customers.
- The concept of “Drop Matisse” (giving away free donuts as a marketing strategy) is likened to unconventional hustling methods of his past.
Location Strategy
- Derrick explains the decision to open in Soho, a predominantly affluent area, instead of traditional Black neighborhoods.
- He aims to challenge racial economic stereotypes and showcase success in spaces typically dominated by others.
- This strategy aligns with his vision of positioning Black-owned businesses in prime retail spaces.
Redefining Success for Black Entrepreneurs
- The episode discusses Derrick's ambition to change perceptions and create opportunities for future generations of Black entrepreneurs.
- His focus is not just on profits but also on establishing a significant presence in commercial spaces.
Key Takeaways
- Entrepreneurship and Innovation: Focus on a niche product can lead to successful business scalability.
- Community Engagement: Building relationships and utilizing local networks is vital for business success.
- Challenging Stereotypes: Positioning Black-owned businesses in affluent areas helps to redefine success and visibility.
- Transformation and Growth: Personal journeys can inform business strategies and leadership styles.
Conclusion Derrick Falcon's story is a powerful example of resilience and innovation in entrepreneurship. His journey from a criminal lifestyle to a successful business owner is a testament to the potential for change and the impact of community-focused strategies. This episode of *Earn Your Leisure* provides valuable insights for aspiring entrepreneurs and those interested in the intersection of business and culture.
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Hashtags: #Entrepreneurship #BusinessJourney #VeganDonuts #Innovation #BlackExcellence #NYC #CloudyDonuts #DerrickFalcon #SohoBusiness #FoodIndustry #CommunityImpact #Scalability #BusinessStrategy
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOThe Transition to Cloudy Donuts
1:20 to 2:39
Discussing the journey from Baltimore to New York and the shift to donuts.
“And at Morehouse College, the students make their move.”
Understanding Business Growth
2:39 to 5:09
Exploring the philosophy behind rapid growth and business strategies.
“How did you transition from Baltimore, the restaurant, to Soho, the vegan donut spot?”
Community Engagement and Branding
5:09 to 7:39
Discussing the importance of community and branding in a new market.
“I knew that I had to get familiar with the landscape, be respectful of the people, and provide them with a phenomenal product.”
Choosing the Right Location
7:39 to 8:07
Explaining the thought process behind selecting Soho for the business.
“In Baltimore, we in white neighborhoods, that's a flowing as well, too.”
Transcript
Automatic transcript. May contain errors.0:00This is an iHeart Podcast. Guaranteed human.
0:31and everything in between. Celebrities, thinkers, everyday people, some have answers, most are still figuring it out. And if you've ever felt like there has to be more to the story, this show is for you. Listen to If You Can Hear Me on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Over the last couple years, didn't we learn that the folding chair was invented by Black people because of what happened in Alabama? After Montgomery Brawl. This Black History Month, the podcast Selective Ignorance with Mandy B unpacks Black history and culture with comedy, clarity, and conversations that shake the status quo.
1:06The Crown Act in New York was signed in July of 2019, and that is a bill that was passed to prohibit discrimination based on hairstyles associated with race. To hear this and more, listen to Selective Ignorance with Mandy B from the Black Effect Podcast Network on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts. 1969, Malcolm and Martin are gone. America is in crisis. And at Morehouse College, the students make their move. These students, including a young Samuel L. Jackson, locked up the members of the Board of Trustees, including Martin Luther King Sr. It's the true story of protest and rebellion in Black American history that you'll never forget.
1:44I'm Hans Charles. I'm Menelik Lumumba. Listen to The A-Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. The last time that we spoke on the episode, So you had the restaurant, homemade in Baltimore. The reason why the episode is so legendary, you guys should check it out, episode 11, is that you broke down your business model. You broke down the streams and it was very detailed as far as numbers and all that. And people wasn't really familiar with, I think it was kind of new. Yeah, it was something new. That wasn't something that people really did before, right?
2:15I think you kind of changed the game where you opened the door as far as transparency. But since then, a lot has changed. You moved from Baltimore to New York. Yeah, yeah. You switched from the restaurant to we had Cloudy Donuts. That's your new operation that you got running. So a lot has changed, right? So let's catch the audience up to speed. How did you transition from Baltimore, the restaurant, to Soho, the vegan donut spot? Yeah, you know, my thing is this. I always tell the person, when you go fast, you grow fast. You know what I'm saying? So nothing really educates you more than just living real life and doing it at a fast pace.
2:57So when y 'all saw me in the restaurant space, it was more about getting settled in and coming home. I had one goal when I came home and that was to be legit. I had an advantage with that because it was like I saw the world through the lens of a criminal. Somebody who just coming home and like, yo, shit, I can't believe I got a legit spot. I got people on payroll. My mother got to come see this. You know what I'm saying? Because I grew up. just straight immersed in the criminal lifestyle. So when I had the opportunity to come on the show, I had built out the brunch restaurant. I had the food trucks and it was really about the supper club and creating verticals within my business that would allow me to grow.
3:36Now, what I always encourage entrepreneurs to do is to focus on the main thing, keep the main thing the main thing. And for me, after I got legit, it was really about making some real money. So in the midst of the restaurant, you deal with a lot of nuances, whether it is dealing with staff coming in front of the house, back of the house, managers, and so on and so forth. So I was like, yo, let me do a little bit more history because once you're over the excitement of being legal, you got to deal with the excitement of ambition and wanting to get some money. And I always tell people, once you get over the good look, you get some good money, right?
4:08So I got to a place where where I was at was enough. And it was like, all right, what's next for me? So I began to focus on one singular product. And for me, it was a donut. And the reason why I focused on that is because if you get a donut, right, you don't need ketchup, hot sauce, mayonnaise, mustard. You're not looking for a refill. You're not looking for a waiter to give you your check. It reminds me of the game. It's straight product driven. If I got a quality product, it's over the counter service. You come in and out the space. It reminds me of like a trap house. I give you the product You don't even know who I am You gone And I'm able to scale that So it was a scalable model As opposed to a traditional restaurant Where you're dealing with so many elements and components And that's why I chose Donuts So the transition, right?
4:53Because Homemade Everybody remembers for that episode You had the Supper Club piece too We left all that, we came here What was the transition like From a business standpoint of Alright, this is a new city I may not be familiar with the ins and outs The demographics are different Talk about that piece It was all like hustling out of town It was all about It was so crazy because And I'm so excited for my partners Odito to talk because As any hustler know when you go out of town You get through a woman and you get to the community Right? So like for example my superpower was my partner And it was really about us strategizing Like alright here's this life that we gonna build Here's this brand we gonna build And how are we gonna be able to connect with the people In an unconventional way So when I came to New York, I knew a few things.
5:40I knew that I had to get familiar with the landscape, be respectful of the people, and provide them with a phenomenal product. So when we used to sell dope, we called it Drop Matisse. I don't know if they seen it on the wire, but Drop Matisse is basically like if you get a couple ounces of dope, you get some grams, you put them together with some quinine, and then you pass out testers. So on the wire, they would say Drop Matisse because now all the dope things would congregate to that because it's like, oh, all right, they giving out these tees. So my tease was complimentary donuts It was like yo I believe in my product It's phenomenal let's just give it away And that created word of mouth Along with her being behind me And in most cases beside me But also behind me doing additional work Like yo I'm going to make sure that I get your product To everybody who don't know you And turn this into a global phenomenon So it was really about the work that she put in With connecting with community And me just being in the lab making sure we had the best year going out So Soho How'd you end up in Soho?
6:36because most of the time, I mean, you start thinking you was in Brooklyn at first. Even that was a different type of area. But as a black entrepreneur, they would probably expect you to be in Harlem or Bestie or a black neighborhood. Why did you gravitate towards Soho? Yeah, everything that I do relates directly back to who I am as a man. It's no gimmicks. Nothing is fatty over here or trendy, right? So when I was trapping, I had some real money and I was living in good neighborhoods. But I always felt there wasn't a true place for me in the midst of white affluence. I mean, think about it. We drive down Rodeo Drive.
7:15We got our phone out. We take a bunch of pictures, but black people don't own nothing. Then we go on Madison Avenue. We got our phone out. We buy a bunch of purses and jackets, but black people don't own nothing. And I always lived in these particular spaces and I felt like, yo, where's the space for us? Where's the space for the black man who's successful? Everything doesn't have to be like a charity case, right? So I was like, yo, I'm going to put the donut shops in areas that I was specifically living. And it was the same thing in Baltimore. In Baltimore, we in white neighborhoods, that's a flowing as well, too.
7:44It's not intentionally trying to lean into white folks, but it's just really just following my own path of where I would live. And I felt like from what I've seen with other brands, whether it was Kith or ALD or Supreme, I felt like that for black people to get seen in a different light and it'd be global phenomenons you needed global retail positioning so it's like the only way I'm going to become successful is to position myself next to the other people so I was never comfortable being like the biggest lion on my block I want to get in a dent with the other lions and show you what I got we here now you can scroll the headlines all day and still feel empty I'm Ben Higgins and if you can hear me is where culture meets the soul.
8:23Honest conversations about identity, loss, purpose, peace, faith, and everything in between. Celebrities, thinkers, everyday people, some have answers, most are still figuring it out. And if you've ever felt like there has to be more to the story, this show is for you. Listen to If You Can Hear Me on my iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Over the last couple years, didn't we learn that the folding chair was invented by black people because of what happened in Alabama. This Black History Month, the podcast Selective Ignorance with Mandy B unpacks black history and culture with comedy, clarity, and conversations that shake the status quo.
9:02The Crown Act in New York was signed in July of 2019, and that is a bill that was passed to prohibit discrimination based on hairstyles associated with race. To hear this and more, listen to Selective Ignorance with Mandy B from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. 1969, Malcolm and Martin are gone. America is in crisis. And at Morehouse College, the students make their move. These students, including a young Samuel L. Jackson, locked up the members of the Board of Trustees, including Martin Luther King Sr. It's the true story of protest and rebellion in Black American history that you'll never forget.
9:40I'm Hans Charles. I'm Menelik Lumumba. Listen to The A Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, I'm Jay Shetty, host of the On Purpose podcast. On a recent episode, I sat down with Nick Jonas, singer, songwriter, actor, and global superstar. I went blank. I hit a bad note, then I couldn't recover. And I built up this idea that music and being a musician was my whole identity. I had to sort of relearn who I was if you took this thing away. Who am I? Listen to On Purpose with Jay Shetty on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
10:19This is an iHeart Podcast. Guaranteed human.
From the publisher
In this engaging clip, explore the entrepreneurial journey of Derrick Falcon, a visionary who traded the fast-paced restaurant scene in Baltimore for a singular focus on vegan donuts in the heart of Soho, New York. Co-host Rashad Bilal introduces Derrick's story, highlighting the shift from running Homemade in Baltimore to launching Cloudy Donuts, a venture that blends simplicity with ambition.
Derrick shares his unique business philosophy—prioritizing a single product, in this case, donuts, for their scalability and efficiency. This strategic approach allows him to focus on quality and expansion rather than the complexities of a full restaurant menu. The clip delves into Derrick's past, detailing how he transitioned from a criminal lifestyle to establishing legitimate and impactful business operations. His goal? Significant financial growth and redefining success for Black entrepreneurs in affluent areas.
A crucial element in this transformation is Derrick’s partnership with Zoditu. Together, they masterfully introduced Cloudy Donuts to New York, using community ties and free samples to generate buzz and build a loyal customer base. The decision to situate the business in Soho, rather than in traditionally Black neighborhoods, reflects a bold strategy to position themselves in prime retail markets and challenge existing racial economic stereotypes.
Derrick’s journey is about more than making delicious vegan donuts—it's about making a statement. He aims to establish a prominent presence in commercial spaces typically dominated by others, showcasing that Black entrepreneurs can thrive in every market. This inspiring clip offers insights into Derrick's innovative mindset, highlighting his capacity to teach us about business and community impact.
Join us as we uncover how one man's vision is not only transforming the donut industry but also reshaping perceptions and creating opportunities for future generations.
**Hashtags:** #Entrepreneurship #BusinessJourney #VeganDonuts #Innovation #BlackExcellence #NYC #CloudyDonuts #DerrickFalcon #SohoBusiness #FoodIndustry #CommunityImpact #Scalability #BusinessStrategy
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