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

This week I sat down for a very inspiring chat with Mignon Françios, 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: The Cupcake Collection: https://www.thecupcakecollection.com/ Made From Scratch Book: https://www.amazon.com/Made-Scratch-F... Mignon’s Instagram:   / cte6fhbilzo   The Cupcake Collection’s Instagram:   / thecupcakecollection   Listen on: Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/13qDj08... YouTube:    / sidehustlepro   Click here to subscribe via RSS feed (non-iTunes feed): http://sidehustlepro.libsyn.com/rss Affiliate Disclosure: I may be an affiliate for products that I recommend or share. If you purchase those items through my links, I may earn a commission. You will not pay more when you use my links.