Black Wealth Renaissance

EP: 207 - The Secret Formula to Building A Multi-Million Dollar Business (Guest: Derrick Hayes)

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Synopsis

Discover the latest episode of the BWR Podcast as hosts David & Jalen sit down with Derrick Hayes, the visionary CEO behind Big Dave’s Cheesesteaks. Hailing from Philadelphia, Derrick ventured into Atlanta, introducing the iconic Philly Cheesesteak to the southern city and spearheading one of the fastest-growing restaurant startups, now boasting a team of over 144 employees. Tune in as Derrick candidly shares his journey, delving into pivotal moments that shaped his success. Learn how he rebounded from a staggering $1 million loss, leveraging his last resources to establish and nurture his restaurant brand. He opens up about overcoming significant setbacks while scaling his company to a remarkable annual revenue exceeding $1 million. Key Highlights: 5:05 – Unveiling the fusion of culture and culinary artistry 12:30 – Insights on the significance of networking and access in business 16:00 – Exploring the psychology of leveraging someone else's wealth 20:07 – Embracing the challenges of the entrepreneurial jour