How I Turned $5 Into a $10M Business with Mignon Francois

How I Turned $5 Into a $10M Business with Mignon Francois

Owning a business takes grit and perseverance. When Mignon Francois found herself on the verge of homelessness, she took $5 and bought some baking ingredients—and she turned that $5 into a multimillion-dollar business. In this episode, she unpacks her journey to entrepreneurship and how she invests in herself so she can become a better leader for her team. In the second half of this episode, Ramsey Network Host George Kamel sits down with Luke LeFevre, chief creative officer at Ramsey Solutions, to talk about how to get in a rhythm of reading to grow yourself as a leader. The EntreLeadership Podcast The Cupcake Collection’s website Ramsey Solutions' website Love Beyond Reason by John Ortberg The Total Money Makeover by Dave Ramsey Wild at Heart by John Eldredge The War of Art by Steven Pressfield The Voice of the Heart by Chip Dodd Every Good Endeavor by Timothy Keller Download the EntreLeadership Reading Guide EntreLeadership Partners Schedule a call with Tim, our producer. Want expert help with your business question? Call 844.944.1070 and leave a message, or send an email to entrepodcast@ramseysolutions.com. You could be featured on a future podcast episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(652)

Should I Sacrifice a High Salary for Business Growth?

Should I Sacrifice a High Salary for Business Growth?

Today we’ll hear about:  How to determine your salary as a business owner  Why delegation is the key to running a successful business  How raising prices is essential for all businesses  A busines...

23 Sep 202438min

How to Pay off $4,000,000 of Debt in 5 Years (The 600th Episode)

How to Pay off $4,000,000 of Debt in 5 Years (The 600th Episode)

Today, we’ll hear about:  A business owner trying to prioritize his millions of dollars of debt  A son concerned about taking over his unethical father’s business  How to make profit without losing...

16 Sep 202457min

Sitting on $750,000 Cash but I Still Need a Loan

Sitting on $750,000 Cash but I Still Need a Loan

Today we’ll hear about:  A business owner feeling pressured to buy a building before he’s ready   Dave Ramsey explaining why working with national banks sucks  A leader wondering how the election w...

9 Sep 202448min

We’re Getting Screwed by Our Business Partner

We’re Getting Screwed by Our Business Partner

Today we’ll hear about:  A business owner whose partner does no work but wants the profit  A man trying to decide if offering financing would be immoral  The three signs your business is growing to...

2 Sep 202441min

I’m Scared to Approach My Boss With Business Ideas

I’m Scared to Approach My Boss With Business Ideas

Today we’ll hear about:  A project manager who has ideas to save his boss money but is hesitant to share them  A husband wondering if selling a business will reduce stress at home  Dave Ramsey shar...

26 Aug 202437min

They Get the Job Done . . . but They’re Annoying

They Get the Job Done . . . but They’re Annoying

Today, we’ll hear about:  A caller deciding whether or not to hire a high performer who’s irritating  A franchise owner worried about his employee's financial choices  Dave Ramsey’s thoughts on how...

19 Aug 202444min

My Salary Sucks Because of My Business Partner

My Salary Sucks Because of My Business Partner

Today, we’ll hear about:  A CEO struggling to pay himself while buying out his partner  A business owner unsure how to move from wrench turner to leader  A woman wanting to incorporate faith into h...

12 Aug 202442min

How to Go From Team Member to CEO

How to Go From Team Member to CEO

Today we’ll hear about:  A son looking for advice on how to stay humble while taking over his dad’s business   A business owner wondering if he needs to have a replacement ready before firing someon...

5 Aug 202449min

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