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Million Bazillion

Secrets for starting a business

Million Bazillion

Marketplace

Kids & Family, News

4.63.3K Ratings

🗓️ 25 August 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

There are lots of great reasons to want to start a business: solving a problem, pursuing a passion, even making some money. It takes a lot of dedication and hard work, and even if you do everything right, it may not work out. But that doesn’t necessarily mean you failed — thinking through a business idea can build some really great skills! This week, we talk with a bunch of expert kids and grown-ups about turning an idea into a full-blown business. Plus, Jed bakes us some cookies! And just because the season is over doesn’t mean we don’t still want to hear from you! Keep sending us your questions about money at Marketplace.org/million!

Transcript

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0:00.0

I'm going to get rich, I'm going to get paid.

0:05.0

Yeah da da da da da da da.

0:07.0

Hey, what you doing, making a smoothie?

0:10.0

Whoa, whoa, why are you putting coins in that blender?

0:12.0

I've got a killer idea for a new business.

0:15.0

I borrowed my mom's fancy, super powerful blender,

0:18.0

and you've heard of Bitcoin, right?

0:21.0

Oh no.

0:22.0

Well, I'm making my own. This fancy blender is going to chop them up into tiny little bits and then I'm going to sell them for a fortune.

0:30.0

That's not how Bitcoin's work. And I think this could be really dated.

0:33.0

Here we go.

0:34.0

Duck!

0:36.0

Whoa, look out!

0:38.0

I think you need a better business idea.

0:40.0

Yeah, and fast.

0:41.0

I gotta buy my mom a new blender.

0:43.0

Hey everyone, welcome back to Million Bazillion, where we help dollars make more sense.

0:52.0

I'm Jed.

0:53.0

And I'm Bridget.

0:54.0

Today we're talking about something that a lot of you

0:57.0

wrote us about, starting a business.

0:59.9

And businesses can be anything from like the small dry cleaner around the corner or maybe a charity or a non-profit that helps you with your homework.

...

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