Drop Dead Diva
Barbara Corcoran Shares Business Advice on Drop Dead Diva, and with you!
Barbara Corcoran is the quintessential female entrepreneur. In 1971, at 23 years of age, she took $1,000.00 and a suggestion from a boyfriend and turned it into a billion dollar real estate empire. So, when we had the chance to chat with her she promoted her appearance on Drop Dead Diva, we took it!
As of today, Barbara has written four books, is one of the judges on the very popular "Shark Tank" series and contributes to The Today Show on a regular basis. Everything she's accomplished can be attributed to her ever-present desire to be her own boss. Even at the age of 11, Barbara knew she wanted to be in charge as she had a tough time following orders from the playground supervisor. The 22 jobs she held before starting her own company only enforced her will to be the one running the show.
I could have chatted with Barbara all day, she was incredibly gracious, but in the end we focused on a few areas we thought were most helpful for women who wanted to go it on their own. Here's some advice from one of the best!
Lifetime Moms: What was your “aha” moment when you decided you wanted to start your own business?
Barbara Corcoran: "When I realized my boss was no smarter than me."
LTM: Who is/was your inspiration throughout your career?
BC: "Always my mother. She raised 10 kids like she was running a boot camp. Most importantly, I got so much positive inspiration from her."
LTM: Starting your own business is scary. What’s the best way to look past (or accept) your fears and take the leap?
BC: "You have to ask yourself, "what will happen if I don't do this?". The worst thing in life is regret."
LTM: What’s the number one piece of advice you give to people who want to start their own business?
BC: "Don't wait!".
LTM: What’s the first thing someone should do when they decide they want to go it on their own?
BC: "Paint a picture of what you want to be, it's better than a business plan. It's much more important to have a dream. Dreaming is underrated."
LMT: Do you have any tips for moms, in particular, on balancing entrepreneurship and motherhood?
BC: "There is no such thing as balance! When I'm at work, my attention is 100% on work, when I'm at home, it's 100% on home. When I get home every night, I plug in my cell phone in the entryway, and I don't look at it again until I leave the house the next morning."
LTM: What’s the best piece of advice you received from your mother?
BC: "Compliments, she always gave us compliments"
LTM: What's the best piece of advice you give your own children?
BC: "Try everything! Let it go, take 15 jobs, don't decide what you're going to do when you're in high school. And most importantly, be yourself"
As for her experience working on Drop Dead Diva, Barbara had a ball guest starring as herself on this week's episode. It may first appear that she's taking advantage of Stacy, but in the end, everyone's happy!
Catch Barbara and the rest of the Drop Dead Diva crew Sunday at 9.8c on Lifetime.