Barbara Corcoran Offers Advice to Struggling Entrepreneurs
Steve Adubato goes one-on-one with "Shark Tank” star and real estate business mogul, Barbara Corcoran, about behind the scenes of the hit ABC show and advice for entrepreneurs thinking of starting a business or struggling to make it a success.
"We finally got her in the studio. She is Barbara Corcoran, author of Shark Tales and one of the stars on Shark Tank on ABC Fridays at...? 9:00, 8:00 Central. Come on! Put that out there. Put that out there. And by the way, I also catch it on CNBC, the reruns. Yup. Which are just as good. You can't even tell the difference, right? It's great stuff. How you doing? I'm doing fine. How long have you loved what you do in your professional life? My professional? Wy whole life. I never had a job I didn't like. I liked the waitressing, the hot dog salesman, the nurse's aid, I liked the whole shooting match. As long as I was working and I wasn't doing reading or writing, I was happy. Where did you come from? Where did you grow up? Edgewater, New Jersey, which is right across, as you know, the bridge a shot from here. A few miles. Growing up, were you encouraged to be as entrepreneurial as you clearly are? No, we kind of got an early education, not on being entrepreneurial, but on holding your part of the bargain and doing the work at home. I had nine sisters and brothers, so the ten of us all had jobs. We all helped out with the family. Even when we went out to work, which we were all working very early in part time jobs. I started working when I was eleven. That was pretty common among all of my siblings, and so I don't think I was ever encouraged to be entrepreneurial in any way, but we were encouraged to be independent just by virtue of being one out of ten. You don't get a lot of attention from your parents when you are one out of ten, and you assume a role in a large family which is sort of like your own town, and so you kind of grow up a little early or a little bit more responsibly I think. Word is, Barbara, that you were a great student? A great student? I'm joking! Well, good. We can let that rumor work if we want. Were you a great student? No, I was of course a horrific student. You weren't horrific. Well, I wasn't even a student. Let's put it that way. I showed up at school every day. I didn't learn to read or write till I was eleven. I started reading by then, thank God. Now I can read anything, even a difficult book. I guess a slow learner. And I couldn't write. And for me, that was probably the best news and the worst news of my entire life..."