Showing 2 results for:

Multimillion Dollar Business

by Topic

All results

This Single Mom of 7 Took Her Last $5 and Launched a Million-Dollar Cupcake Business

Single moms often bare the burden of supporting an entire family, both at home and on the job. But when New Orleans native Mignon Francois was offered the opportunity to turn her baking talents into a lucrative business, she took the last $5 that she had to feed her family and turned it into a million-dollar company. From 2005 to 2007, Francois found herself struggling to financially support her family after a Nashville job offer for her then-husband fell through. Fortunately for her, a nearby neighbor knew of her baking talents and offered her what seemed like the opportunity of a lifetime, Black Business reports. Her neighbor approached her with a cupcake request, ordering 600 total with each priced at $1. Though she knew she only had $5 left to her name, Francois proceeded to purchase the ingredients to start baking at least 60 cupcakes – turning around a $60 profit that same day. Since then she’s continued to bake and went on to launch her business, The Cupcake Collection —...

Njera Perkins

Mar 25, 2021

CEO Courtney Adeleye Grew The Mane Choice From the Ground Up & Wants to Help Others Do the Same

She’s not new to this, she’s true to this! Founder and CEO of The Mane Choice, Courtney Adeleye is a natural go-getter. Born and raised in Detroit, Michigan — which she calls her foundation — is the place where she learned “if one door doesn’t open, there’s always another opportunity.” The wife and mother of three built her hair brand from the ground up through her own curiosity and specialized knowledge base. She joins AfroTech’s Black Tech Green Money podcast host Will Lucas to discuss the home-based-hobby that’s now grown into a multi-million dollar business, how she’s using her own insight to help others, and gives advice for people like herself who are trying to scale their own businesses within the beauty industry. As a graduate of the University of Michigan and a registered nurse by trade, she used her background and expertise in science to hone in on the ingredients and products that would produce the best results to help many other women improve their own hair health. “I...

Shanique Yates

Dec 8, 2020