Episode
E204: Barbara Corcoran: Turning $1,000 to $1 Billion!
1:11:52
Published: Thu Dec 15 2022
Description
As the original Shark of all 13 seasons of the Shark Tank, Barbara Corcoran has never stopped swimming or hustling. Ever since 1973 when she borrowed $1000 to start her own real estate firm, Barbara’s relentless drive and spirit turned The Corcoran Group into $6 billion dollar business. Coming from a poor neighbourhood and the second of ten children, Barbara always knew how to scrap and stand out from the crowd. She also knew how to use any setbacks as fuel for success, whether that was being labelled the ‘dumb’ D grade dyslexic student to being bitterly betrayed by her boyfriend. In this candid conversation, Barbara shares her hard won no nonsense lessons in life and business, revealing how she had no other option but to become an entrepreneur and use everything at her disposal to reach the top. Topics: How did your childhood shape you? School & dyslexia Do you need a shrink? What did you learn from your 22 jobs? Becoming the biggest residential estate firm Work culture Your boyfriend running off with your PA Leadership & firing negative people As a shark tank investor, what advice would you give me? Your husband & out earning him Last guest’s question Barbara: Twitter - http://bit.ly/3PqTrEY IG - http://bit.ly/3FNPGGt Watch the episodes on Youtube: https://g2ul0.app.link/3kxINCANKsb Follow us on Telegram: https://g2ul0.app.link/E5re0ADNKsb Sponsors: BlueJeans - https://g2ul0.app.link/NCgpGjVNKsb Wework - https://we.co/3PgoB1M Huel - https://g2ul0.app.link/G4RjcdKNKsb Intel - https://intel.ly/3UIYxxT
Chapters
The podcast host speaks with a successful real estate entrepreneur who is also a TV star, and encourages listeners to hit the follow button on audio platforms.
00:00 - 01:49 (01:49)
Summary
The podcast host speaks with a successful real estate entrepreneur who is also a TV star, and encourages listeners to hit the follow button on audio platforms. The guest recounts how her ex-boyfriend loaned her money to start a business together.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker shares her experiences growing up with an alcoholic parent and the resulting struggles with feeling in control and finding stability in work.
01:49 - 07:21 (05:32)
Summary
The speaker shares her experiences growing up with an alcoholic parent and the resulting struggles with feeling in control and finding stability in work.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The way parents communicate with each other can greatly impact their children's responses to being treated poorly in their personal and professional lives, as one woman shares her experience of watching her mother shout at her father and how it influenced her own behavior.
07:21 - 10:33 (03:11)
Summary
The way parents communicate with each other can greatly impact their children's responses to being treated poorly in their personal and professional lives, as one woman shares her experience of watching her mother shout at her father and how it influenced her own behavior.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker discusses how the uncertainty of communal phones in their childhood has left a lasting impact, and how their mother's approach to money shaped their own financial perspective.
10:36 - 14:41 (04:05)
Summary
The speaker discusses how the uncertainty of communal phones in their childhood has left a lasting impact, and how their mother's approach to money shaped their own financial perspective.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker shares their personal experience with dyslexia and how it has shaped their life, leading them to succeed in order to prove their intelligence to the world.
14:43 - 18:44 (04:01)
Summary
The speaker shares their personal experience with dyslexia and how it has shaped their life, leading them to succeed in order to prove their intelligence to the world.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
A discussion on how unhealthy insecurities can drive individuals towards success, but at some point, they need to seek professional help to cope with these feelings.
18:44 - 21:44 (02:59)
Summary
A discussion on how unhealthy insecurities can drive individuals towards success, but at some point, they need to seek professional help to cope with these feelings.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker shares how through various menial jobs, he discovered his talent for motivating and managing people, and creating efficient systems for businesses.
21:44 - 25:56 (04:12)
Summary
The speaker shares how through various menial jobs, he discovered his talent for motivating and managing people, and creating efficient systems for businesses.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
Learn how to overcome the mental barrier of not feeling like a business person because of your lack of numerical skills by hiring or borrowing the right people to complement your strengths.
25:56 - 29:06 (03:09)
Summary
Learn how to overcome the mental barrier of not feeling like a business person because of your lack of numerical skills by hiring or borrowing the right people to complement your strengths.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker shares their sudden realization of enjoying being a boss in real estate sales, and their love for the industry.
29:06 - 31:07 (02:01)
Summary
The speaker shares their sudden realization of enjoying being a boss in real estate sales, and their love for the industry.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The real estate industry in New York was once controlled by inherited wealth, but Donald Trump's business acumen allowed him to thrive by being humble and listening to good ideas from his employees.
31:07 - 35:41 (04:33)
Summary
The real estate industry in New York was once controlled by inherited wealth, but Donald Trump's business acumen allowed him to thrive by being humble and listening to good ideas from his employees.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
In order to break down barriers in a competitive sales industry, a focus on fun and culture can be an effective equalizer.
35:41 - 38:43 (03:01)
Summary
In order to break down barriers in a competitive sales industry, a focus on fun and culture can be an effective equalizer. By fostering an imaginative and enjoyable work environment, sales teams can work together more effectively.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
In this podcast, the speaker shares her experiences of overcoming prejudices in a male-dominated industry and using them as opportunities.
38:43 - 41:34 (02:51)
Summary
In this podcast, the speaker shares her experiences of overcoming prejudices in a male-dominated industry and using them as opportunities. She also talks about how anger and difficult personal experiences can fuel entrepreneurship.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
A good boss understands the cardinal rule that they work for their employees, not the other way around.
41:34 - 46:19 (04:44)
Summary
A good boss understands the cardinal rule that they work for their employees, not the other way around. This mindset allows for the best possible management of people and work productivity.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker shares his experience in handling negative people in his business and the impact they can have on other employees.
46:19 - 50:13 (03:53)
Summary
The speaker shares his experience in handling negative people in his business and the impact they can have on other employees. He advises to let go of chronic complainers and not to give them an explanation for their dismissal.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
In this segment, the speaker shares insights on giving compliments, highlighting the importance of finding the gift in people and pointing it out, and trusting individuals to be better than they think they are.
50:13 - 54:22 (04:09)
Summary
In this segment, the speaker shares insights on giving compliments, highlighting the importance of finding the gift in people and pointing it out, and trusting individuals to be better than they think they are.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker shares their advice in never choosing a business and the importance of multi-layer platform security features for cybersecurity.
54:22 - 58:28 (04:06)
Summary
The speaker shares their advice in never choosing a business and the importance of multi-layer platform security features for cybersecurity. They also discuss the significance of accepting oneself even when struggling to understand certain things.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
Raising affluent kids with values is more challenging than raising poor kids, while it's harder for rich kids to succeed as entrepreneurs since they tend to have the financial backing already in place.
58:28 - 1:01:37 (03:09)
Summary
Raising affluent kids with values is more challenging than raising poor kids, while it's harder for rich kids to succeed as entrepreneurs since they tend to have the financial backing already in place.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The podcast discusses investing in women entrepreneurs and the risks of losing money in the process, using the example of four women cousins who lost $800,000 a month due to stolen accounts.
1:01:37 - 1:04:06 (02:28)
Summary
The podcast discusses investing in women entrepreneurs and the risks of losing money in the process, using the example of four women cousins who lost $800,000 a month due to stolen accounts.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker recalls an incident in which she addressed a group of women who were complaining about each other's work style, and reflects on the potential impact of motherhood on their behavior.
1:04:06 - 1:06:04 (01:58)
Summary
The speaker recalls an incident in which she addressed a group of women who were complaining about each other's work style, and reflects on the potential impact of motherhood on their behavior.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker discusses their personal experience of starting out earning less than their partner, and the insecurities that can arise.
1:06:06 - 1:08:05 (01:58)
Summary
The speaker discusses their personal experience of starting out earning less than their partner, and the insecurities that can arise.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
The speaker discusses how her husband struggled with feeling ashamed over not earning as much money as her, but emphasizes that a person's worth is not solely determined by their income.
1:08:06 - 1:10:26 (02:20)
Summary
The speaker discusses how her husband struggled with feeling ashamed over not earning as much money as her, but emphasizes that a person's worth is not solely determined by their income.
EpisodeE204: Barbara Corcoran: Turning $1,000 to $1 Billion!
PodcastThe Diary Of A CEO with Steven Bartlett
BlueJeans Studio by Verizon is a great video conferencing tool for immersive and high-quality virtual events, suitable for both employees and customers.
1:10:26 - 1:11:28 (01:02)
Summary
BlueJeans Studio by Verizon is a great video conferencing tool for immersive and high-quality virtual events, suitable for both employees and customers. It offers TV-level production quality and is easy to use with minimal technical experience.