List of JP

Thursday, 13 March 2025

[Post 1080] From Maman To Dumpling Daughter: Million-Dollar Eats


Summary

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 Marshal

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