14: Mignon François, The Teenage Mother Who Risked Her Last $5 to Build a $10M Empire
Can you turn $5 into $10 million?
Mignon bet the last $5 she had for dinner to build a bakery business that has sold over five million cupcakes and crossed $10 million in revenue.
She didn't know how to bake initially. She had six kids, a stack of bills, and a customer who promised to pay her the next day. She gambled the $5 on cupcakes instead of groceries, turned it into $60 by morning, and $600 by the end of the week.
What followed was two years of baking out of her house in Historic Germantown before there was ever a storefront. The Cupcake Collection now ships nationwide and operates…
The skinny
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