How One Woman Turned $5 into a Multi-Million-Dollar Brand

The His and Her Money Show

Talaat and Tai McNeely

Business, Investing

4.8 • 1.3K Ratings

🗓️ 9 August 2023

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Building a great business from scratch is an entrepreneurial journey that demands creativity, resilience, and strategic vision. From ideation to execution, it encompasses transforming innovative concepts into thriving enterprises while overcoming challenges and leveraging opportunities along the way. This comprehensive pursuit involves careful market analysis, meticulous planning, resourceful networking, and adaptable problem-solving, all guided by a steadfast commitment to delivering value to customers.

Successful entrepreneurs must navigate the intricacies of funding, marketing, team-building, and scaling while remaining open to iterative improvements and embracing calculated risks. In this dynamic and competitive landscape, the key to sustainable growth lies in fostering a customer-centric approach, nurturing a culture of innovation, and maintaining ethical practices.

In this episode of The His and Her Money Show, we are joined by Mignon Francois, a remarkable entrepreneur and author who defied financial hardships to establish The Cupcake Collection in 2008. With just $5 to her name, she transformed her passion for baking into a thriving business, ultimately selling over 5 million cupcakes. Mignon shares the entrepreneurial journey that she shared in her book: Made from Scratch. She talks about getting into a business that you know nothing about and the highs and lows of growing a successful business. Tune in to learn more!

What You Will Learn:

The guts of stopping to think and dreaming and start working towards becoming an entrepreneur
Is following the Holy Spirit and starting a business a smooth journey?
Mignon’s process of getting into a business she knew nothing about
The things that need to change within us so that we don’t get stuck in the land of side hustle if our goal is to make it an actual business
The concept of spreading joy within your business and how it helps grow your business
The highs and lows of Mignon’s journey to establishing The Cupcake Collection
How Mignon made the Cupcake Collection a family business
Advice to people who are hesitant to start their own entrepreneurial journey
What you will find in the book: Made from Scratch

Resources Mentioned:

Connect with Mignon Francois:

Website: https://www.thecupcakecollection.com/
Instagram: https://www.thecupcakecollection.com/

Transcript

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0:00.0	This episode is being brought to you by the Debt Freedom Blueprint.
0:03.2	It's our step-by-step roadmap to start the journey to financial freedom.
0:07.4	You can learn the first steps we personally took to become debt-free
0:11.1	and use our money to build generational wealth.
0:13.6	You can go from worrying about your debt to gaining control
0:16.7	and confidence in the area of money and it's totally free.
0:20.0	To get your copy, go to hisandhermoney.com,
0:23.2	Fortslash, Debt Freedom Blueprint.
0:28.4	Welcome to the His and Her Money Show.
0:30.8	I'm Talette.
0:31.5	And I'm Ty.
0:32.4	Learn how to stop the cycle of debt and build generational wealth.
0:36.4	It's time for you to take dominion over your money and your life,
0:39.8	so let's get started.
0:44.4	Hey everybody, welcome back to another fantastic edition of the Hisandher Money Show,
0:49.7	where we make it our business to help you take dominion over your money and your life.
0:54.4	Thank you for tuning in to another fantastic episode.
0:57.3	We know that you can be elsewhere in the fact that you're here with us.
1:00.2	We want you to know that we are grateful to have you
1:02.8	and we plan to do our best to make sure that you get exactly what you need from today's episode.
1:07.2	I think you're going to love it because we have an inspiring entrepreneurial journey to share with you.
1:12.9	So many people have these business ideas that they're sitting on.
	...

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