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 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

• The Cupcake Collection: https://www.thecupcakecollection.com/
• Made From Scratch Book: https://www.amazon.com/Made-Scratch-Finding-Success-Without/dp/B0BV7G8F7C 
• Mignon’s Instagram: https://www.instagram.com/p/Cte6fHBIlzO/ 
• The Cupcake Collection’s Instagram: https://www.instagram.com/thecupcakecollection/ 

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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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