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tv   On the Money  NBC  May 8, 2016 5:00am-5:31am EDT

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welcome to "on the money." i'm becky quick. making real dough. she turned her love of cooking into a show and became a billionaire. the secret of success and why it played a big part. >> the grocery store. >> how you can really clean up if you're looking for work. but you might need to get your hands dirty. what skills are in demand in the booming part of the economy? this mother's day weekend, the best companies for moms. >> your money, your future, becky quick. >> the online video platform is
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from music to reviews and beauty tutorial. the google owned brand has yet to make a profit for the "wall street journal." some stars make a pretty penny. ever heard of ian hecock. thu they were among top earning stars making $8.5 million for the comedy. it gives creators a chance to cash in on their videos. millions participate in the select program but only a handful of good money. michelle makes $3 million for her make-up tutorials and reportedly made $4.5 million for the videos including a morning show. to agree to let them show ads with youtube keeping 45% of the revenue but leaves space to try to lure creators away. facebook tried to get youtube
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stars to post on their sites first. for $9.99 a month, subscribers get add free videos putting the platform in direct competition with spotify and pandora. and youtube has the eyes of one-third of all internet users and more 18 to 49 years old than any cable network. while you may not know the next guest's name, your kids probably do. started her cooking youtube channel called nerdy numbmies like emoji cookies. she has more than 6 million subscribers and 1.3 billion views. she's also a new york times best selling author for her cookbook called nerdy nummy.
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>> thanks for having me. >> you are a huge success. you figured out how to make it in the digital world and in fact, reported last year you made $2.5 million which blows my mind. first of all, congratulations. second of all, how did you get into in? >> i started creating content for fun. i really wanted a creative outlet and it wasn't about business at all. i just wanted to be more comfortable in front of the camera and have somewhere to create something. and i started posting videos and slowly, over the last five years, a real community started to form and grow and they demanded more content. so youtube allowed me to grow and create this very small digital media production team. we're a small team. a team of eight. and the team of eight, we're able to get about 60 million views a month. more than some popular tv shows. i find it really incredible.
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>> when did you know you could do this? >> i don't know the pinpoint moment. but i know when they stand out to me. i got a huge response. a baking video was one of a tutorial just for fun. and i just got this overwhelming response. so much love. so much support. people going, you need to do this. we love this. we want more of this. please, please. that was a moment where i went, this just feels so real. this is a community. another moment was the first time i was ever recognized. i was at a chipotle eating a burrito and someone who was a viewer of the content i was creating came up and said, oh! roe. you from nerdy nummies and
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started video taping. i was eating a burrito. things are changing. >> you'll remember that burrito the rest of your life. there are some things posted on youtube or other platforms. what makes you stand out? >> for me, the most important is the content comes first. and so does my community. i think being really interactive is something that i strive to do all the time. and putting the content first. >> we're looking at the muppets. neil degrasse tyson has been on there with you do. they find out? >> it goes both ways. some i met in person. some i met through twitter. some people i had my agents kind of reach out and just put their feelers out to see if they were interested and set up a phone call and so well. it was like, let's do something
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together. youtube has be you has b the platform. do you see yourself branching out to others? or staying with youtube? >> oh, those are good questions. youtube is my home base. i feel like that's where my community has grown over the years. so i feel really connected to it. it has just such this large community and if i do do a project. say a weather series or a movie which are things that the community has been starting to ask for, i'll have to look at if youtube is the perfect home for that or maybe there is a different platform that is the home because i need to go where my community is. >> sure. >> but i would love to be on youtube because that's where i feel the most connected. >> is it, do you make money though through the advertise m t on youtube? or sending stuff or what's the principle way that the income comes through? >> how do you make money on youtube? that's a good question. it's the same way you make money on television. the same money you make on money
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on any web site is advertising. >> thank you so much for joi here's a look at what is making news as we head into a new week "on the money." the economy created 160,000 jobs last month. that was below expectations and it was the fewest in seven months. the retail sector was weak while health care was strong. the unemployment rate remains steady at 5% and average hourly earnings climb by 0.30%. after climbs on monday, a worry of the flowing global economy but the markets rebounded on friday. oil prices surged this week climbing above $45 a barrel. in part because of a wildfire in alberta, canada, that could slow the supply in that oil rich region. the fda has put new rules in place for the sale of ecigarettes a basically regulated the same way as
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tobacco is now. hundreds have to seek permission to stay on the market. if you're looking for a job, clean up in more ways than one if you have the right skills. there's a career path where the jobs are plentiful. that's environmentally friendly an lucrative on top of it all. mari thompson joining us from rhode island. mary? >> reporter: they're doing soil remediation, basically cleaning up to make it safe for future development. work like this is plentiful these days and so too its demand for the engineers who can do it. over 150 years old, the global engineering and consulting firm is finding lots of new business in making what's old new or at least clean again. >> our environmental business is the biggest. >> reporter: years after cleaning up toxic sites and making sure others comply with state and regulations is a big business expanding for environmental engineers. >> the clean-up is a huge
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sector. >> he runs the staffing, environmental recruiting firm. along with regulation, he said generational turnover means these workers who plan and oversee clean-up sites are in high demand. >> if i could get genetic material and they could create myself a five to seven year professional environmental engineer, i would be a very wealthy man. >> speaking of wealth, the median wage for these workers, over $88,000. a price that gets bigger with experience, added degrees, and professional licenses. the number of job openings getting bigger too. the government forecasting a higher than average 12% increase in environmental engineering jobs by 2024. now becky, they're hiring. expected at 400 environmental engineers and scientists this year looking to expand the payroll by 15% to 20% for the next five years. back >> what if you're interested in this kind of work but not an engineer or geologist or something? what other jobs are available and do they pay as well as these
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scientifically based jobs? >> reporter: well, i think at the top is certainly the engineers. you also have environmental scientists and job growth there is expected to be about 11% through 2024 and if you don't have an advanced or college degree, there are jobs for environmental technicians. you basically need an associate's degree for that and growth there is expected to be about 10% through 2024 and the salary range there about $40,000 to $44,000 according to the government. mary, thank you for getting down and dirty with it. we appreciate it. up next, we're on the money. you heard of warren buffett. he's had a business partner for over 20 years. he's just as smart and smarter. if you don't know about him, you should. and later this weekend, companies that are working for working moms. >> get up.
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warren buffett and charlie
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myunger have been business partners since . are equally important to berkshire's growth. i recently sat down with two men in omaha about the secrets of working together. >> obviously, we like each other a lot. we have minds that work the same way to a great degree. we find the same things quite humorous. we find the things we deplore, we agree on. we've never had an argument. we've had lots of disagreements. whatever we disagree, charlie said, you'll end up agreeing with me because you're smart and i'm right. and the answer to that, 56 years of practice. and in fact, i would say every time with charlie, i've got at least some new idea that causes me to rethink certain things and
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we've had absolutely so much fun in the partnership over the years. it's been almost hilarious. it's been so much fun. >> you know, when we sat down, warren to charlie, you said to me, charlie being around makes me not only smarter but better. >> well, we both have the theory that hang around good people, always behave better every year you behave the previous year. and as in the world, it's particularly important to know that rule. and i don't think we deserve much credit for our good morals because we early figured out the world was reward us better if we gave that way. >> no cost to them. >> charlie has to remind me of that. >> i constantly quote warren and everybody always loves it. you take the high road. it's uncrowded. such a good idea.
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you do not run into heavy traffic. a huge advantage on the high road. >> can you talk about something that you've thought about differently recently because of your interactions with each other? >> we both this fundamental idea that the world works better if you make your relationships win/win. and we both early learned that the way to get a good partner was to be a good partner. and these are very old fashioned ideas and they just work so fabulously well. >> how about you? what's something charlie made you think differently on recently? >> kept me from a lot of mistakes in terms of getting in with people that might be a mistake to be in with as well as business. it's been heavy listening on his part but he's improved my behavior. >> you mentioned working for the grandfather. you both worked for him. what did you learn there? >> i learned how hard it is to
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work for ten hours. he worked pretty hard. he worked warren pretty hard. he worked everybody pretty hard except himself. i once with another fella, we shovelled wet deep heavy snow all around. we did that for about four hours and we couldn't unclench our fingers or anything. i looked at my grandfather and said, how much should i pay you boys? a dollar too much? a dime too little? the main thing, we didn't want to work at the grocery store. >> how often do you get to talk now? you're in california. >> we talk less than we used to. because we don't need to talk. it's unnecessary. berkshire has been a real joy to
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both of us and not just because, you know, the stuff made us rich. it's been our own little test tube for some ideas that weren't and still aren't relevant in american business and we got to do things our own way. >> like what? >> we tried to create a model that we believe in. and we want it to work because if we believe it's a failure we're going to pay attention to it. >> what's your goal in the next year and i think i know for you, warren. you look for one more big deal? >> i won't ask for another one, not until the first one's done. i'm always looking for ways to improve berkshire.
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year? about you, a goal for t >> we've got something going here that's keep going to go more or less the way it has under us. long after we're gone. i don't think berkshire is going to change. >> thank you both for your time today. we really appreciate it. up next, we're on e money. working moms a growing part of the labor market. how companies are changing and how to find the right one. look at how the stock market ended
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which companies are leading the charge. senior personal finance correspondent sharon epperson joins us now and i know there was a new survey that looked at the best places to work for moms. who came up on top and how did they do the survey? >> well, there are one in six people in the workforce today that's a mom with kids under 18. so a lot of folks like us out there and a lot of moms want to know where should i be working. what's going to have the best policy? what's going to have the best gender equality and what's the best job satisfaction and as the web site calland some of the companies that did the best are like sales force, senture, price water house cooper. when you look at other surveys about diversity or employee benefits somewhat unique paying down student loan debt. some of the same companies are on those surveys as well. they're kind of on the forefront looking at holistically and gender equality as well.
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>> maternity leave has gotten so much attention lately and some are talking about how they give more maternity leave and parental leave. who comes out on top for that? >> what's interesting is there's still 88% of companies out there without parental policies. a number of companies in the tech sector. 52 weeks of parental leave. and ebay. >> what are the job characteristics that working moms look for? >> flexibility. there's only a certain time in life you'll be focused on it but you want it whether you have children or not or plan to or already have kids at home. a lot of women want flexibility. job satisfaction is very key and pay and of course, all of those things. but the flexibility is something a lot of women are really looking for right now. sf >> my guess it's something a lot of people are looking for. whether it's another issue that
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comes up in the family. >> a lot have to come up with more flexible schedules for their employees or they're losing them. losing the full-time workers. the other thing that's interesting is some companies are realizing that maybe it's more beneficl to us as a company who hires someone as a flexible schedule and those looking for work or employers looking to hire, one company they look at and power to fly is something that matches women with projects in the technology sector at a high level. not just the test jobs like some people think of a temp job but a high level project base work from home type job. >> sharon, thank you very much. >> my pleasure. up next, "on the money," a look at the news for the week ahead. and imagine wearing this on
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are not good for people with sensitive teeth. some are quite abrasive. what we've developed in sensodyne true white is a product that is 10 times less abrasive than many of the whitening toothpastes that are out there, and especially designed for sensitivity sufferers. it's different, there's nobody else out there that i'm aware of that has developed whitening for people with sensitivity in this way.
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for more on our show and guests, go to our web site. otm.cnbc.com and follow us on twitter @onthemoney. we get reports from cisco and toyota and coals. the tallest building in the western hem fear.
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friday, we get retail sales and it's a closely watched number. we'll also be getting a look at inflation when the price is release and look out. friday the 13th is coming. you better watch out for black cats, broken mirrors and make sure you don't walk under any ladders. it looks like a chunk of ice or piece of rock candy. actually it's the world's biggest diamond. the largest gem quality diamond ever discovered in over a hundred years. it was found in botswana and soon up for option. the $3 billion diamond, that's right, 3 billion, is about the size of a tennis ball and expected to sell for somewhere between 9 and $7 million. next week if you look for a new or used car, how to avoid a lemon and find a sweet ride. each week, keep it right here.
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we're "on the money." have a great one and see you next weekend. r
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right now, someone's powerball dreams realized in our reeblg region. the only winning ticket in the $429 million drawing was sold in new jersey. we'll tell where you and go over the winning numbers in ajust a moment. it's a mother's day tradition. the susan g.komen case for the re in philadelphia. we'll be there live for ocpenin ceremonies. we could see some spotty showers for the race and for your mother's day plans this morning. here's a live look at the center city skyline. a little cloudy out there. we can look for the showers to

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