Friday, September 20, 2024

Barbara Corcoran — How She Turned $1,000 right into a $5B+ Empire: PR Stunts, Gross sales Methods, Important Early Wins, Preventing Trump, and Changing into a Actual Property Mogul (#725)

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“I by no means noticed myself as a girl. I by no means noticed it as a drawback or an actual benefit. I noticed myself as a competitor, only a competitor. And boy, in the event that they handled me badly, or spoke right down to me, or didn’t give me any credence that I might probably make it of their world — they thought I used to be a passerby — I’d say to myself, ‘You simply wait, I’m going to turn out to be your greatest rival.’”

— Barbara Corcoran

Barbara Corcoran (@BarbaraCorcoran) has been an investor/Shark for the previous 15 seasons on ABC’s four-time Emmy-award-winning present, Shark Tank, investing in additional than 100 companies thus far. 

She can also be the founding father of an eponymous real-estate firm, which she began with a $1,000 mortgage after leaving her job as a waitress in New York Metropolis. Over the subsequent 25 years, she would parlay that $1,000 right into a $5 billion real-estate enterprise.Barbara is the writer of the nationwide bestseller Shark Tales: How I Turned $1000 right into a Billion Greenback Enterprise and host of the highest enterprise channel on Patreon, Barbara in Your Pocket, which supplies unique content material created for entrepreneurs at each degree.

On Patreon, Barbara will dive deep into the subjects most necessary in enterprise at this time, give an inside take a look at how she runs her enterprise and works along with her Shark Tank firms, and be a part of members stay to reply their hardest questions.

Please take pleasure in!

Hearken to the episode on Apple PodcastsSpotifyOvercastPodcast AddictPocket CastsCastboxGoogle PodcastsAmazon Musicor in your favourite podcast platform. Watch the interview on YouTube right here.

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#725: Barbara Corcoran — How She Turned $1,000 right into a $5B+ Empire: PR Stunts, Gross sales Methods, Important Early Wins, Preventing Trump, and Changing into a Actual Property Mogul


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What was your favourite quote or lesson from this episode? Please let me know within the feedback.

Need to hear an episode with another person who’s spent a while within the Shark Tank? Hear right here to the time Chris Sacca joined us to speak about DJ handles, keys to success for an incredible disco evening, conditions the place startups mustn’t take investor cash, recommendation for getting right down to enterprise when the going will get powerful, future utopia vs. dystopia, cultivating an empathetic perspective towards enterprise, and rather more.

#132: Chris Sacca on Shark Tank, Constructing Your Enterprise, and Startup Errors

SELECTED LINKS FROM THE EPISODE

  • Join with Barbara Corcoran:

Web site | Patreon | Twitter | Fb | Instagram | TikTok | LinkedIn | YouTube

SHOW NOTES

  • [05:56] Barbara’s pretend funeral.
  • [08:23] The place Barbara’s knack for PR originated.
  • [10:02] Storytelling.
  • [11:25] Early enterprise wins.
  • [14:29] What Barbara realized about competitors as one among 10 children.
  • [17:27] Early jobs: Barbara’s actual schooling.
  • [20:04] Dyslexia and dodging the sufferer mindset.
  • [22:50] Barbara’s first firm.
  • [26:47] Why Barbara didn’t begrudge her first enterprise associate’s romantic betrayal.
  • [28:41] The worth of enthusiasm.
  • [29:44] From almost-evicted to unique agent.
  • [33:29] Early recruitment gimmicks.
  • [35:36] Being the one girl within the room.
  • [39:14] Guidelines and programs.
  • [41:46] Experiments, improvements, and errors.
  • [44:17] Properties on Tape and pet gross sales.
  • [49:06] Esther Kaplan’s persuasive purse.
  • [51:23] Gross sales 101 with Barbara.
  • [57:37] How Barbara stays lively.
  • [59:37] Butting heads with Donald Trump.
  • [1:05:21] Selecting battles.
  • [1:08:00] How Barbara fell in love with trailer park life.
  • [1:14:14] Why Barbara solely hires glad folks now.
  • [1:15:36] Barbara In Your Pocket.
  • [1:17:47] What provides Barbara essentially the most power nowadays?
  • [1:18:51] Barbara’s billboard.
  • [1:19:58] Parting ideas and proposals.

MORE GUEST QUOTES FROM THE INTERVIEW

“Folks simply don’t have sufficient enjoyable. I’m certain I’m everyone’s most enjoyable pal, and I like that, as a result of I believe it’s so worthy to introduce enjoyable, and pleasure, and reminiscences into folks’s lives, whether or not you’re at work or whether or not you’re at house. I give it some thought afterwards and I get a lot satisfaction out of it. Even some days I believe to myself, ‘Nicely, if I die at this time, I’d be glad, as a result of I actually had fun final evening.’”
— Barbara Corcoran

“Mothers are highly effective creatures.”
— Barbara Corcoran

“I realized every thing in my jobs. Nothing at college — not a rattling factor at college — however I realized every thing in my jobs and I discovered my confidence there, and I additionally came upon what I wasn’t good at.”
— Barbara Corcoran

“I by no means noticed myself as a girl. I by no means noticed it as a drawback or an actual benefit. I noticed myself as a competitor, only a competitor. And boy, in the event that they handled me badly, or spoke right down to me, or didn’t give me any credence that I might probably make it of their world — they thought I used to be a passerby — I’d say to myself, ‘You simply wait, I’m going to turn out to be your greatest rival.’”
— Barbara Corcoran

“Train and pulling weeds, in my thoughts, are the 2 greatest therapies on the planet. I don’t assume you actually need rather more than that. You straighten out all of your issues that manner.”
— Barbara Corcoran

“I don’t prefer to struggle. I’ll stroll a mile to keep away from a struggle. However when somebody insults me, it brings out the struggle in me.”
— Barbara Corcoran

PEOPLE MENTIONED

The Tim Ferriss Present is one of the most well-liked podcasts on the planet with greater than 900 million downloads. It has been chosen for “Better of Apple Podcasts” thrice, it’s typically the #1 interview podcast throughout all of Apple Podcasts, and it has been ranked #1 out of 400,000+ podcasts on many events. To hearken to any of the previous episodes without cost, try this web page.



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