Kids Pitch Business Ideas To Warren Buffett

The kids competed in "The Secret Millionaire's Club" — an entrepreneurial contest tied to a web and cable series featuring a cartoon Warren Buffett. Thousands competed. Eight of them, ranging from age seven to 16, got to meet Buffett and present their ideas.

Copyright © 2013 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.


And today's last word in business is: almost millionaires.

INSKEEP: Warren Buffett took time yesterday to listen to kids pitching potential new enterprises. These are kids who competed through Buffett's Secret Millionaires Club, a Web and cable series featuring a cartoon Buffett.



WARREN BUFFETT: Hey, kids, Warren Buffett here. A successful business is always trying new things.


Starting early. Thousands of kids competed. Eight of them, ranging from age seven to 16, got to meet Buffett himself and present their ideas - many of which had a social purpose, such as cupcakes for literacy.

INSKEEP: And the big winners...


INSKEEP: ...included three siblings from Kentucky with an idea Kidtrepreneur Kits. And 10-year-old Matthew Meyer from Ohio, whose idea is for an elastic contraption to help kids learning to write while holding a pen or pencil correctly.

GREENE: I could use that. Each of the winners won $5,000 and 10 shares in Berkshire Hathaway. Mr. Meyer told the Associated Press that those winnings made him rich-ish.

That's the business news on MORNING EDITION from NPR News. I'm David Greene.

INSKEEP: And I'm Steve Inskeep.


Copyright © 2013 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.