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Marketplace All-in-One

Entering your entrepreneur era

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 14 March 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

Want to be your own boss? In this episode, host Yanely Espinal talks to attorney-turned-entrepreneur Sam Vander Wielen about the basics of setting up a new business and what you need to know to protect yourself as a business owner. She shares some useful resources that can help you along the way. We also hear from 21-year-old Leslie Zuñiga about what she learned from starting her own nail art business. 

Think you’re financially inclined? Dig deeper into how to start a business:

  • The U.S. Small Business Administration’s 10 steps for starting your own business 
  • Small business resources from the U.S. Department of Commerce 
  • Internal Revenue Service checklist for starting a business  

Are you in an educational setting? Here’s a handy listening guide. 

Thanks for listening to this episode of “Financially Inclined”! We’d love to hear what you learned from it or any questions you’d like us to answer in a future episode. You can shoot us an email at [email protected] or tell us using this online form.

This podcast is presented in partnership with Greenlight: the money app for teens — with investing. For a limited time, our listeners can earn $10 when they sign up today for a Greenlight account.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey parents and teens.

0:02.6

Financially inclined is presented in partnership with Greenlight, the debit card and money

0:07.0

app for teens.

0:08.4

In today's episode, we're getting down to business.

0:11.7

That is, what it takes to start a business.

0:14.5

There might be a lot to consider, but nailing down the details will help set up a new

0:18.7

entrepreneur for success.

0:22.6

Greenlight's features can help you stay organized, secure, and financially savvy while you build your business. Check it out and get $10

0:28.6

at greenlight.com slash inclined. What's up everybody? I'm Janelli Espinal and this is financially inclined for Marketplace.

0:40.3

We're sharing money lessons for living life your own way.

0:43.3

Today we're diving into how to start your own business.

0:57.2

Now, there's a lot of great things about being an entrepreneur.

1:00.0

Like, I get to set my own schedule, so last year I took off a whole month for my birthday.

1:04.8

And I also get to focus on projects that I'm actually passionate about

1:08.4

instead of just doing tasks that my boss told me to do.

1:12.2

But what do you actually need to do to get your business up and running?

1:16.9

Today, I'm talking with attorney turned entrepreneur Sam Vanderweilin about the steps that you

1:22.3

need to take to set up a legit business and protect yourself as a business owner.

1:27.3

Sam uses her law experience to help

1:29.4

online entrepreneurs open and grow their businesses, and she's gone through the process herself

1:34.9

with her own business. She even wrote a book about this experience. When I start my business,

1:40.5

I'll be happy, a practical guide to successful online entrepreneurship. So you know

...

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