How Barbara Corcoran Turned $1,000 Into $66 Million

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 4 April 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#26: I sat down with businesswoman and investor, Shark Tank’s Barbara Corcoran to discuss her story and rise to success, from real-estate queen to reality TV star. With $1,000 she started a company that became a real estate empire. Today, she shares the top thing she looks for when investing in businesses, and gives her advice for any new entrepreneur looking to start their own venture. To apply for the Senior Podcast Producer position at Erika Taught Me: https://erikakullberg.com/producer-application Special thanks to our partners: Webull (free stocks) - erikataughtme.com/invest Aura - erikataughtme.com/aura Bilt Rewards - erikataughtme.com/bilt Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions?⁠ Watch this episode on YouTube. Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erikakullberg.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ For more information, go to⁠ https://www.erikataughtme.com/⁠. Get on my personal finance & investing course priority waitlist here. https://erikakullberg.com/3DMoney Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erikakullberg.com/MasteringYT ⁠Get more of my free resources.⁠

Transcript

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0:00.0	I was born with nothing and had nothing to lose.
0:02.6	So I didn't care going at risk and just seeing how far I could go.
0:06.4	When you're starting a business, it's not easy.
0:09.2	Barbara Corcoran, her business is a candle at cranberry.
0:12.3	So you take a thousand dollar loan,
0:14.0	you turn it into one of the most successful businesses.
0:16.6	Your biggest danger is underestimating how successful you could be
0:20.7	and what you're going to need to get there.
0:23.2	I read the story about how for Shark Tank,
0:25.8	you were offered the role initially and then they tried to retract it.
0:29.5	If I hadn't written that email, immediately turn that thing around.
0:33.6	But instead I had my spot on Shark Tank.
0:36.5	All my best successes happened on the heels of failure.
0:40.2	You're listening to the Erica Topme podcast,
0:42.4	the number one business podcast in the US,
0:45.0	where we talk about entrepreneurship, money,
0:47.7	and how to improve your life and achieve success.
0:50.7	I'm your host, Erica Colberg.
0:52.6	I'm a lawyer and personal finance expert
0:54.8	with over 20 million followers on social media.
0:57.7	Today I'm interviewing business woman, investor,
1:00.6	and Shark Tank star, Barbara Corcoran.
	...

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