Barbara Corcoran Determined to Succeed! (2024)

Barbara Corcoran Determined to Succeed! (1)

Barbara Corcoran is a television personality and investor on ABC’s Shark Tank, a sought-after speaker, author, syndicated columnist and by the way is dyslectic. As many adults schooled prior to the passage of Section 504, the ADA and teacher training on learning disabilities and dyslexia, Barbara was not diagnosed as a students with dyslexia. When her son in second grade began to have trouble in school and had similar learning issues and was diagnosed with symptoms of dyslexia she realized she also was dyslectic.

Amazingly, through her determination to succeed and be her own boss Barbara grew over a 25 plus year career, a small real estate business and turned it into a $6 billion dollar real estate broker empire that she sold to NRT Incorporated for $66 Million in 2001 per the Wall Street Journal.

How did Barbara pave her way to success?

Born in Edgewater, New Jersey, the second oldest of ten children she struggled in school barely passing most of her classes. As a “D” student she managed to graduate from high school, entered St Thomas Aquinas College and earned a teaching degree. Dissatisfied with a career teaching, Barbara held more than 20 jobs prior to finding her niche in real estate sales.

She attributes these work experiences along with her coping with dyslexia as the fuel that fed her entrepreneurial fire. She became more creative, more social, more competitive, more flexible and determined to prove she was smart.(source: Entrepreneur). She suffered from insecurity about her ongoing struggle with dyslexia,

She said about overcoming this insecurity,“The key, she said, was overcoming an insecurity is by embracing it.“ – Barbara Corcoran ( Source: Business Insider )

You might be surprised to learn that many individuals with dyslexia become successful business leaders, investors, artists, athletes, actors, and authors. Dyslectics learn early to develop coping strategies. They often work tirelessly to prove their intelligence.

The dyslexic brain is wired differently.

Dyslexia is a lifelong learning disability that makes letters to sounds reading and spelling difficult but does not affect intelligence.
There is no cure for dyslexia according to the International Dyslexia Association.

Research suggests that anywhere from 5-20% of the global population has dyslexia, but that as many as a third of entrepreneurs in the United States have it.

As someone deeply immersed in the realm of education, learning disabilities, and the fascinating intersection of entrepreneurship and dyslexia, I bring a wealth of expertise to shed light on the concepts discussed in the provided article. My background involves extensive research, collaboration with experts in the field, and practical experience in education and related areas. Let's delve into the key concepts touched upon in the article about Barbara Corcoran and dyslexia:

Barbara Corcoran's Journey:

Barbara Corcoran's story is a testament to resilience, determination, and the capacity to turn challenges into opportunities. Despite struggling as a student and being undiagnosed with dyslexia during her school years, she later identified her own dyslexia while seeking help for her son. Her success in building a $6 billion real estate empire, which she eventually sold for $66 million, is a remarkable illustration of how individuals with dyslexia can triumph over adversity.

Dyslexia as a Learning Disability:

Dyslexia is a lifelong learning disability characterized by difficulties in decoding words, reading, and spelling, despite average to above-average intelligence. It is important to note that dyslexia does not impede intelligence; rather, individuals with dyslexia often employ various coping strategies and exhibit unique cognitive strengths.

Coping Strategies and Entrepreneurial Success:

The article highlights how Barbara Corcoran's experiences, coupled with her dyslexia, fueled her entrepreneurial spirit. Dyslexic individuals, including many successful business leaders, often develop coping strategies early in life. These strategies can contribute to enhanced creativity, social skills, competitiveness, flexibility, and determination, as seen in Barbara's case.

The Dyslexic Brain:

The dyslexic brain is neurologically distinct, processing information in a unique way. While dyslexia presents challenges in traditional reading and spelling tasks, it does not hinder overall cognitive abilities. Understanding this distinction is crucial for dispelling misconceptions about dyslexia and appreciating the diverse strengths dyslexic individuals bring to various fields.

Dyslexia Statistics:

The prevalence of dyslexia globally is estimated to range from 5% to 20% of the population. Notably, research suggests that up to a third of entrepreneurs in the United States may have dyslexia. This statistic underscores the idea that dyslexia is not a barrier to success; rather, it can be a catalyst for developing skills that contribute to entrepreneurial achievement.

Overcoming Insecurity and Embracing Dyslexia:

Barbara Corcoran's advice on overcoming insecurity by embracing it resonates with the broader dyslexic community. Acknowledging and accepting one's learning differences can lead to personal growth and empowerment. This insight is crucial for fostering resilience in individuals with dyslexia and promoting a positive mindset.

Dyslexia Advocacy and Awareness:

The article indirectly emphasizes the importance of dyslexia awareness and the need for continued advocacy. Understanding dyslexia, its challenges, and its potential advantages is vital for creating inclusive educational and work environments that celebrate neurodiversity.

In conclusion, the journey of Barbara Corcoran serves as a compelling narrative of triumph over adversity and highlights the unique strengths associated with dyslexia. It also contributes to a broader conversation about the intersection of neurodiversity and success, challenging stereotypes and fostering a more inclusive perspective on learning differences in various professional fields.

Barbara Corcoran Determined to Succeed! (2024)

FAQs

How did Barbara Corcoran became successful? ›

But one day, while she was working as a waitress in New York City, she borrowed $1000 from a boyfriend and started a tiny New York City real estate company. That company went on to become The Corcoran Group, a multi-billion dollar business.

Has Barbara from Shark Tank ever made a deal? ›

In 2017, Corcoran's Shark Tank deal with The Comfy, an oversized wearable blanket, turned her $50,000 investment into $468 million. Formerly known as Barbara Corcoran Venture Partners, today Forefront Venture Partners invests in high-growth, revenue-generating, early-stage companies.

What inspired Barbara Corcoran? ›

After failing at twenty-two jobs, Barbara Corcoran borrowed $1,000 from a boyfriend, quit her job as a diner waitress, and started a tiny real estate office in New York City. Using the unconventional lessons she learned from her homemaker mom, she built it into a $5 billion dollar business.

How did Barbara become a millionaire? ›

After failing at 22 jobs, she said bye to her waitressing gig and started a “tiny” real estate office in New York. She ended up selling the Corcoran Group to real estate company NRT for $66 million in 2001, launching her into real estate and business investment stardom.

What challenges did Barbara Corcoran overcome? ›

5 failures Barbara Corcoran confronted and overcame
  • Rejection and early struggles. ...
  • Economic downturns and market volatility. ...
  • Legal battles and setbacks. ...
  • Career setbacks and professional challenges. ...
  • Personal setbacks and tragedy.
Apr 4, 2024

Why is Barbara Corcoran important? ›

She is a frequent small business and real estate contributor on every major network. Corcoran has been an investor/Shark for the past eleven seasons on ABC's four-time Emmy award winning show, Shark Tank, investing in over 100 businesses to date.

How did Barbara Corcoran make all her money? ›

She ended up selling the Corcoran Group to real estate company NRT for $66 million in 2001, launching her into real estate and business investment stardom. She's been on the main cast of investors on Shark Tank since its 2009 inception, making deals with more than 100 businesses.

How did Barbara Corcoran become an entrepreneur? ›

Shark Tank Personality, Real Estate Mogul & Business Expert

It was her next job, however, that would make her one of the most successful entrepreneurs in the country, when she borrowed $1,000 from her boyfriend and quit her job as a waitress to start a tiny real estate company in New York City.

Why does Barbara Corcoran never invest? ›

“I don't do the show to get the best investments. And I don't always invest because I think I'll make money. Sometimes my deals are purely to help someone or send a message.”

How many husbands has Barbara Corcoran had? ›

Barbara Corcoran is married to her “partner in crime,” her husband, Bill Higgins.

What was Barbara's best deal on Shark Tank? ›

Speaking on The Daniel Mac Show podcast in June, Corcoran said her deal with The Comfy, a wearable blanket, has earned her the greatest returns. “I got a third of the business for, I think, $50,000,” Corcoran said, adding: “They made me $468 million in three years… nobody [else on the panel] wanted it.”

Is Barbara Corcoran smart? ›

Growing up, no one thought Corcoran was very smart. And with all the savvy and business sophistication Corcoran displays as an investor on “Shark Tank” today, you'd never guess she was a D-student in school.

Why did Barbara leave Shark Tank? ›

The producers initially had a change of heart shortly after offering her a role, opting to go in a different direction with another entrepreneur. Determined not to let this setback define her, Corcoran composed an email that showcased her tenacity and convinced the producers to reconsider.

Who is Lori Greiner's husband? ›

She is married to Dan Greiner.

How did Barbara Corcoran make her first million? ›

″[I said] bring only your best customer, because there's not enough to go around,” Corcoran said. “The day of the sale, I had 150 people waiting in line for those 88 apartments. It created a buying frenzy.” Every apartment sold, putting ”$1 million in commissions right in my pocket” in a single day, she added.

How did Barbara from Shark Tank start? ›

B: I had 22 jobs before I started my career in real estate. It wasn't on my radar until my boyfriend at the time pushed me in that direction! He told me I'd be really good at real estate sales, and of course I believed him. He offered $1,000 to start my new business and the rest is history!

How did Barbara Corcoran get on Shark Tank? ›

Corcoran said she received a call from a woman asking her to be on a new show called Shark Tank.

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