Alright – so today we’ve got the honor of introducing you to Darrell Randolph. We think you’ll enjoy our conversation, we’ve shared it below.

Darrell, thanks for joining us, excited to have you contributing your stories and insights. What did your parents do right and how has that impacted you in your life and career?

My parents are definitely hilarious in their own way. They divorced when I was younger but that never stopped my access to either. That given how parenting is viewed now, I’d say they did right.

One thing that definitely stood out to me as I think about it is that my parents openly admitted and apologized when they were wrong in a situation. Through those situations it helped me realize that everyone makes mistakes and your parents aren’t always right. These things lead me to question everything but not in a disrespectful way. I wanted to understand not rebel (most of the time).

Lastly, I would definitely say what my parents did right was prepare me for the world…. The real world but still allowed me to be a kid. They did not coddle me, there was no party for getting second or third place, there was no lack of accountability. However, they made sure to support, encourage, accept me and the development of me coming into my own person.

Great, appreciate you sharing that with us. Before we ask you to share more of your insights, can you take a moment to introduce yourself and how you got to where you are today to our readers.

I am Darrell Damilleo Randolph. I started in the music industry as an entertainer, songwriter, singer, rapper, and producer.

I was signed by Capitol Records and that was one of the worst business decisions I ever made and that lead me into my desire for understanding business, finance, and social psychology.

What I offer:
Business Consulting
Music and Marketing Services
Accountability Coaching
Conflict Resolution Management
Financial Literacy Coaching
Public Speaking
Halo Investing
Life Coaching

I want to be the guide that my clients needs in those pivotal moments. I’m not your average consultant. I have been a VP for companies like Sprint and a Chairman for Arvest Bank. Even with these business accomplishments my greatest achievement is when I help someone complete a goal, big or small. Everyone has a dream but sometimes making it a reality is the hardest things ever. I want to help in any way possible without charging you a crazy fee. Nobody can afford that in the current economy. Just come and chat.

Let’s move on to buying businesses – can you talk to us about your experience with business acquisitions?

I have bought many businesses in my career. I own recording studios, a transportation business, and many others.

My latest acquisition was a luggage return company in LA and KC. The companies weren’t managed properly and the customer service was well below acceptable so the companies failed. I saw it as an opportunity because ppl lose luggage all the time and they need their stuff.

So, in my curiosity I inquired about the industry and through contacting companies for research I came across this KC company and the owner was honest about his shortcomings. They were ready to file bankruptcy but still had the contracts in place. I made an offer and the process began. After a few months and restructure the company is making strides towards success. It was so successful that my sister in LA wanted me to partner up on another company in a similar position. So we acquired that as well.

The process was long and tedious but in my life you have to bet on yourself and take the risk. It’s ultimately up to you to make it work but that doesn’t mean that you have to do it alone. Do not be afraid to ask for help.

Can you open up about a time when you had a really close call with the business?

Shiiiiiiiiid, I have missed payroll before many times. The upside in those early days were that I was the only employee, through those situations and missing meals or looking at a negative account lead me to relearn business finance to ensure once I had staff that would never happen. However, it still happened. In the service industry your payroll a lot of times depends on the client paying. I have been in many situations where the clients benefit from the services we provide but once the final invoice comes they disappear. That was a learning experience for me. I actually had a business fail because I did not have that aspect of the business properly set up.

I paid the employees out of pocket and/or came up with a plan to ensure they were paid but that definitely happens in the service industry.

I have taken more losses than victories in my time. I just made sure that I never quit and opened my mind to pivots as they come. You should always be open to pivoting.

Contact Info:

• Website: https://Www.darrelljamal.com
• Instagram: @darrelljamalconsulting
• Linkedin: https://www.linkedin.com/in/darrell-randolph?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app
• Other: My artist name is “Damilleo” I’m on all streaming platforms.

Image Credits

@BostonGlobe
Vaughan Harrison
Jennifer “Foxxi” Robinson
Niral Raj