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Shark Tales
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Shark Tales

How I Turned $1,000 into a Billion Dollar Business

Portfolio, 2011 more...

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Editorial Rating

9

Qualities

  • Concrete Examples
  • Engaging
  • Insider's Take

Recommendation

Real estate maven Barbara Corcoran is the founder of The Corcoran Group and a “shark” investor on TV’s Shark Tank. Her tale of humble beginnings, growing up as one of her family’s 10 children in Edgewater, New Jersey, is laugh-out-loud entertaining, with a motley cast of relatives and their hijinks. Her mother was compassionate and shrewd, and her inventive father was full of fun. Her family life prepared Corcoran for survival in a cutthroat world. She traces her success from her first $1,000 investment in her business to the top of the heap in New York City real estate. Shark Tank fans will appreciate the inside scoop on the show. Her juicy anecdotes, including her dealings with then-developer Donald Trump, are riveting, and her career path is instructive. 

Summary

Barbara Corcoran grew up in New Jersey, one of 10 children. Her family had little money but lots of warmth and fun.

Barbara Corcoran grew up in Edgewater, New Jersey, across the river from New York City. She had nine brothers and sisters, and shared the family home with her grandmother, aunt, uncle, two cousins, another couple and their sons, and assorted pets. Her mother’s ability to make each child feel that he or she had a special gift kept the household going. Corcoran’s mother taught her lessons that she would use to build her business.

Barbara Corcoran met her future boyfriend and business partner Ramòne “Ray” Simone, a developer, while working as a waitress when she was 21. He treated her to a week in New York City; while there she found a job as a receptionist for Giffuni Brothers, a real estate firm that owned apartment buildings in Manhattan.

Her mother taught her that when you have to divide something with someone else, “Offer the bigger piece and yours will taste better.”

Corcoran soon pitched Simone on opening their own real estate company. He invested $1,000 in Corcoran-Simone...

About the Authors

Founder and former president of The Corcoran Group, real estate executive Barbara Corcoran is a “shark” investor on the reality TV show Shark Tank.


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