in

5 Tips From Shark Tank’s Barbara Corcoran

Inspiration from the woman who built a multi-million dollar New York real estate empire

Barbara Corcoran. (Tony Rivetti via Getty Images)

Everyone knows that Shark Tank is the go-to TV show for entrepreneurs. Barbara Corcoran is an American businesswoman, investor, and television personality on the widely popular show Shark Tank. She founded a real estate brokerage in New York City in 1973, which she later sold to NRT for $66 million.

Here are five tips from Shark Tank’s Barbara Corcoran:

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

Your initial instinct is extremely important. When your mind urges you to do something, trust your gut feeling and go for it.

“I have a theory and I really believe it. I think your worst weakness can become your greatest single strength.” – Barbara Corcoran

Recognizing your weakness and admitting is one of the hardest things to do in the business world. Once you have identified your weakness, you can always find a way to change and better yourself for future projects.

“Forget about perfection; it doesn’t exist.” – Barbara Corcoran

No one’s perfect and no business is perfect. If you’re trying to be perfect, you’re most likely wasting someone’s time.

“When you’re building a business, you’re either all in, or you’re not.” – Barbara Corcoran

If you want to build a business, you can’t be double-minded. You must go all in. You can’t give 50% of your energy to your business and expect to be successful when you’re competing with more motivated individuals. If you really want to do it, learn to give it your all.

“Taking chances almost always makes for happy endings.” – Barbara Corcoran

Do not be afraid of taking chances. There is no reward without risk. Learn to take calculated risks and watch as you progress on a daily basis.

Connect with me on Twitter, Instagram and LinkedIn. Are you an aspiring entrepreneur? Check out my new book: Strictly Business: How to Crush it as a Young Entrepreneur.

Avatar

Written by Brendan Cox

Brendan Cox is an American entrepreneur specializing in influencer marketing and social media. He is a driven entrepreneur looking to help businesses and influencers leverage social media to the fullest extent. Under his leadership, Business Blurb has grown exponentially and became the fastest-growing entrepreneurial media company.

A Personal Brand is a Legacy Magnet, not a Sales Machine Says Founder Ruben Alvarez

CarloMaderno: VIP Service For Fashion and Footwear