4.8 • 1K Ratings
🗓️ 12 March 2019
⏱️ 10 minutes
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0:00.0 | Hey, this is Barbara Corcoran, and you're tuned into business unusual. |
0:05.3 | Throw away a Harvard degree and listen to me, you're going to learn a lot more. |
0:10.0 | Today I'm going to answer all your burning questions about work, life, starting a company, |
0:14.9 | getting on track and much, much more. |
0:17.8 | Be sure to call into the Business Unusual hotline with your question at 888 Barbara. That's 888 B-A-R-B-A-R-A. |
0:27.0 | So I'm going to start the show today with a question I got from a guy named Jim in Marietta, Georgia. |
0:35.6 | And the reason for this is because I get a lot of questions like this and I wanted to give it some attention on the front side here. |
0:42.4 | Jim asked me whether it's best to blindly encourage |
0:45.0 | entrepreneurs to pursue their ideas |
0:47.0 | or to set them up for the risks that they're about to encounter |
0:51.0 | or tell them the reality that they're likely to face. |
0:55.7 | Well, I agree wholeheartedly that it's good to tell people the reality. |
0:59.2 | It's almost mean to encourage someone to go down a road. |
1:02.2 | You don't think that's going to get them |
1:03.6 | where they want to go or yield any results and very often this is a friend and |
1:08.8 | then not even creates a larger obligation to tell them like it is. But most investors I know don't succeed in business |
1:16.3 | because they are good at dreaming and they're good at starting things but they're no good at |
1:21.6 | making money with what they've started and I think this is at the core of a lot of inventors who start businesses as to why they don't succeed |
1:29.0 | but thank God for the inventors because without them we wouldn't have started many of the |
1:33.6 | businesses that we enjoy every day in life and you really need the inventors to |
1:38.6 | get the fire started but what we also need in an inventor is the ability and the capacity to bring something to market, |
1:46.3 | to figure a way to turn the great invention into cash, and that's where so many inventors fall short. So I'm sure you've watched on Shark Tank |
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