Barbara Corcoran studied at St. Thomas Aquinas College and in 1971 attained a degree in education. After she graduated, she tried teaching for almost a year, however she clearly wanted something greater; Corcoran wanted to be her own boss. After working at almost 20 odd jobs, she decided to start her own business. She took a $1,000 loan from her wealthy boyfriend at that time and used that to co-create a business in real estate which she called ‘The Corcoran Group’. By mid 1970s Barbara Corcoran started publishing ‘The Corcoran Report’ that featured real estate data developments. Later on her boyfriend ran away with her secretary but left Corcoran with a thriving business and no regrets.
Corcoran turned $1,000 into billions. In 2001, the real estate mogul sold her real estate company to NRT LLC for seventy million dollars. Corcoran has mentioned several times that she was not a straight A student in high school or college but using her innate entrepreneurial talents she made it to the top. After she sold her company her worth as a real estate expert increased even more and she emerged in the New York real estate scene as a prominent personality. Corcoran is also a well-known media person; she appears on NBC’s Today Show as a real estate contributor. She hosts CNBC’s The Millionaire Broker with Barbara Corcoran. She is also a columnist for ‘The Daily Review,’ ‘More Magazine,’ ‘Red Book,’ and writes a weekly column in the ‘New York Daily News’. She is often invited to real estate events as a business speaker. She is a ‘Shark Investor’ in the hit ABC series Shark Tank in which she invests in the businesses of new entrepreneurs. In the first season of the show, the eight businesses that Corcoran invested in turned out to be very successful.
Corcoran’s entrepreneurial spirit is appreciable. She has penned many books that include, “If You Don’t Have Big Breasts, Put Ribbons on Your Pigtail,” “Amazing Places to Live the Rest of your Life,” and “Nextville.” Her book, “Shark Tales,” takes you behind the scenes of her life and business and her ‘as seen on TV’ venture capitalism. Barbara is famously brash, blunt, bold, courageous, and a brilliant identifier of opportunity and talent (often invisible to others).
Barbara Corcoran is a very inspiring motivational speaker. She has an inspirational attitude towards life, which has a great influence for young businesspeople. Currently, she lives in New York City along with her husband and two children.