4.8 • 1K Ratings
🗓️ 12 February 2019
⏱️ 7 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | If you're going to build something from nothing, you've got to know what really works. |
0:07.0 | I took a thousand dollar loan and built a five billion dollar business, and now I make smart investments in new businesses on Shark Tank. This is Barbara |
0:15.7 | Corcoran and you're listening to Business Unusual presented by On Deck Business Things. |
0:22.4 | This week on Business Unusual I'm going to be answering all of the |
0:25.3 | great questions you guys keep sending me in on business life how to move forward |
0:30.3 | how to jump over obstacles come on I'm good at it and I want to share my advice. But first |
0:36.1 | here's why poor kids build the most successful businesses. I grew up with 10 kids in a two bedroom home with my parents and I know what it's like to be wanting. |
0:47.0 | But I also knew being a poor kid gave me a huge advantage that the rich kids that I later would meet in life never had. |
0:56.0 | First, they experience everyday hardship very early at a young age. |
1:01.0 | They know what it's like not to have enough stuff to go around. |
1:05.0 | They naturally know how to compete for attention because in my family, for example, |
1:10.0 | ten kids, how to get the attention of just one mom at home. |
1:14.0 | Mom! |
1:15.0 | She didn't give us much attention, so we learned to compete. |
1:18.0 | Also, poor kids in crowded households grow up in a team, |
1:22.0 | so you don't have to wait until you grow up in a team. |
1:22.5 | So you don't have to wait till you grow up to see |
1:24.7 | what it's like to be a team member. |
1:26.8 | You're a team at birth. |
1:28.8 | Poor kids also have the advantage |
1:30.9 | of watching tremendous parental sacrifice every day of the week. |
1:36.2 | I watch my dad work two jobs to make ends meet, my mom worked 24-7 to 10 to all of our needs. So here's my thinking. Growing up poor gives you all the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Barbara Corcoran, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Barbara Corcoran and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.