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: Made From Scratch Book: Mignon’s Instagram: The Cupcake Collection’s Instagram: Click here to subscribe via RSS feed (non-iTunes feed): Announcements Join our Facebook Community If you’re looking for a community of supportive side hustlers who are all working to take our businesses to the next level, join us here: Guest Social Media Info Mignon’s Instagram: The Cupcake Collection’s Instagram: Hosted on Acast. See for more information.