Sign in to confirm you’re not a bot
This helps protect our community. Learn more

Coinstar founder Jens Molbak - How I Came Up With The Idea

Jack Edwin
2.86K subscribers
6K views 11 years ago
From college graduate student to Multi-Millionaire! Hear how Jens Molbak turned his idea into reality and straight to the bank. Literally!!! It all started because Molbak was frustrated with piles of coins on his desk. By simplifying one of the most monotonous tasks, Jens Molbak helped the average american turn all those coins lying around at home into usable dollars and became a successful entrepreneur in the process. No longer do people have to roll their own coins and deliver them to the bank. Go straight to a coin star kiosk, dump in your change, and receive dollar bills. Coinstar Fee There is a small cost for using the coinstar kiosk. To turn your coins into dollar bills there is a 9.8% coinstar fee charged. However, if you want to exchange your coins for gift cards then there is no charge. One of the more popular coinstar gift cards they offer is the Amazon.com gift card. To find coin star locations near you visit www.coinstar.com ...more
...more
Coinstar founder Jens Molbak - How I Came Up With The Idea
20Likes
6,049Views
2013Oct 6
From college graduate student to Multi-Millionaire! Hear how Jens Molbak turned his idea into reality and straight to the bank. Literally!!! It all started because Molbak was frustrated with piles of coins on his desk. By simplifying one of the most monotonous tasks, Jens Molbak helped the average american turn all those coins lying around at home into usable dollars and became a successful entrepreneur in the process. No longer do people have to roll their own coins and deliver them to the bank. Go straight to a coin star kiosk, dump in your change, and receive dollar bills. Coinstar Fee There is a small cost for using the coinstar kiosk. To turn your coins into dollar bills there is a 9.8% coinstar fee charged. However, if you want to exchange your coins for gift cards then there is no charge. One of the more popular coinstar gift cards they offer is the Amazon.com gift card. To find coin star locations near you visit www.coinstar.com

Follow along using the transcript.

Jack Edwin

2.86K subscribers