DiscoverSide Hustle Pro433: How The Cupcake Collection Founder Mignon François Turned $5 Into Five Million Cupcakes Sold
433: How The Cupcake Collection Founder Mignon François Turned $5 Into Five Million Cupcakes Sold

433: How The Cupcake Collection Founder Mignon François Turned $5 Into Five Million Cupcakes Sold

Update: 2024-10-09
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Description

This week I sat down for a very inspiring chat with Mignon François, the #1 national best-selling author of Made from Scratch: Finding Success Without a Recipe, and founder of a multi-million dollar cupcake empire, The Cupcake Collection. 


In this episode she shares:

  • Why having a great product and determination got her community to support her vision
  • The different financial methods she used, like cash stuffing, to reinvest into her business and employees
  • How she leveraged $5 and turned it into a legacy with over five million cupcakes sold 
  • And much more, you don’t want to miss the gems she’s dropping!


Highlights include:

00:00 Intro

04:30 Learning to bake from grandma

10:53 The struggle to make ends meet

15:09 Turning $5 into $600

20:27 Humble beginnings

32:50 Low margins, high profit from day one

37:30 Benefits of profit sharing with employees

42:00 Scaling to $10,000 days

48:20 Tips for entrepreneurs 


Check out this episode of Side Hustle Pro podcast out now on Apple Podcasts, Spotify, and YouTube


Links mentioned in this episode


Click here to subscribe via RSS feed (non-iTunes feed): http://sidehustlepro.libsyn.com/rss


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Guest Social Media Info

Mignon’s Instagram: https://www.instagram.com/p/Cte6fHBIlzO/ 

The Cupcake Collection’s Instagram: https://www.instagram.com/thecupcakecollection/



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433: How The Cupcake Collection Founder Mignon François Turned $5 Into Five Million Cupcakes Sold

433: How The Cupcake Collection Founder Mignon François Turned $5 Into Five Million Cupcakes Sold