Barbara Corcoran: She Turned $1,000 into a Multi-Billion Dollar Business

Who is she?

Barbara Corcoran is the Founder of Real Estate Company The Corcoran Group, published author, & Shark and Executive Producer on ABC’s “Shark Tank.”

Barbara Corcoran’s Story

Barbara Corcoran was a D student in high school and college. She was labeled the “dumb kid” in school and bullied. She later learned that she had dyslexia. She held 20 jobs by the time she turned 23!

But then she borrowed $1,000 and quit her job as a waitress to start a tiny real estate company in New York City. The Corcoran Group is now the largest and best-known brand in the brokerage business. She sold it for $66 million in 2001.

Corcoran is the author of the best seller “Shark Tales: How I Turned $1,000 into a Billion Dollar Business!” and host of the top business podcast “Business Unusual with Barbara Corcoran.” (Barbaracorcoran.com)

3 Sensational Quotes from Barbara

“Don’t you dare underestimate the power of your own instinct.”

So often we’re taught to ignore our instinct. It’s refreshing to hear someone give it the respect it deserves.

“I built the business exactly the way my mother built and ran her family. I wanted a replication of the big, happy family I grew up in. I wanted happy people having fun.”

You can be driven but also be kind. Wanting the best for people is the best way to go.

“I wanted to be a 150 percent entrepreneur and a 150 percent mom, and I found that I was having a very hard time doing both. I was about 75 percent and 75 percent–still better than 100 percent, but not what I was accustomed to at work.”

Being a mom is a full time job on it’s own. It’s beautiful that she acknowledges the unique challenge of this for women.

Her Best Advice to Her Younger Self

If she could speak to her younger self, Corcoran would say to “embrace failure, trust your imagination, have fun, and never stop hustling.”  (CNBC.com)

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