Ep 43: From $5 to a $10 million Business: Mignon Francois’ Secret Ingredient to Success

Monetize Your Ministry Podcast

Jan 31 2024 • 48 mins

In this episode, Kymone Hinds interviews Mignon Francois, founder of the Cupcake Collection bakery. They discuss Mignon's journey from financial hardship to creating a thriving business, emphasizing the significance of faith and perseverance. Mignon recounts how she started with only $5, which she turned into a successful enterprise, despite lacking formal business training. She shares her approach to overcoming challenges, including cash flow issues and the economic downturn, by following God's guidance and learning from past business attempts. Her story is a testament to the power of belief and dedication in entrepreneurship.


Follow the podcast on IG: https://www.instagram.com/monetizeyourministrypodcast/

Follow Kymone on IG: https://www.instagram.com/kymonehinds/

Follow Mignon Francois on IG: https://www.instagram.com/mignon.francois/?hl=en

Visit our website: http://monetizeyourministrypodcast.com/

Visit The Cupcake Collection’s website: https://www.thecupcakecollection.com/

Show Notes

00:00 Intro to the Podcast
Kymone Hinds introduces the episode and the guest, Mignon Francois, and sets the stage for the interview.

(00:01:39) Mignon's journey to entrepreneurship
Mignon shares her story of financial struggle, starting a bakery business, and flipping $5 into a successful venture.

(00:05:14) Learning from past experiences
Mignon discusses her experiences with starting and stopping businesses, the importance of following through, and learning from failures.

(00:18:44) Overcoming obstacles and practical advice
Mignon talks about facing obstacles in the early stages of the cupcake collection and shares practical advice on understanding financial numbers and obedience to divine inspiration.

(00:19:01) Obedience and faith in business
Mignon emphasizes the importance of obedience to God's guidance and the practical aspect of managing finances in a business.

(00:24:09) God's Ideas and Collaboration
Mignon discusses how God gives ideas and collaborates with individuals and the consequences of not taking action.

(00:28:10) Faith and Surrounding Yourself with Believers
The contagious nature of faith and the importance of surrounding oneself with people of faith.

(00:30:38) Spiritual Gifts and Obedience
Mignon explores her spiritual gifts, including speaking and influence, and the role of obedience in her success.

(00:34:29) Fear of Failure vs. Fear of Success
Mignon addresses the misconception of being afraid of failure and emphasizes the challenges and sacrifices that come with success.

(00:38:43) Learning and Growth in the Process
Mignon reflects on her personal growth and understanding of God's faithfulness throughout her entrepreneurial journey.

(00:41:03) Encouragement for Starting a Business
Mignon provides advice for believers with entrepreneurial aspirations, emphasizing the importance of starting where they are and speaking faith into their endeavors.

(00:42:17) Promises of God and Taking Action
Mignon shares biblical principles and promises that guide her decisions and encourages listeners to believe in the fulfillment of God's plans.

(00:45:39) Connect with The Cupcake Collection
Mignon shares information on how to connect with The Cupcake Collection, including vegan and gluten-free options, and her personal and business social media accounts.

(00:46:32) Closing Remarks
Kymone Hinds concludes the interview, by emphasizing the importance of taking action and bringing ideas to life.