Early Life and Education
Barbara Corcoran was born on March 10, 1949, in Edgewater, New Jersey. She attended St. Cecilia High School and later transferred to Leonia High School. After high school, she went on to study at St. Thomas Aquinas College. Despite facing challenges growing up, including dyslexia, Barbara always had a strong work ethic and determination to succeed.
Starting Her Career in Real Estate
After working various jobs, including as a waitress and a teacher, Barbara found her calling in the real estate industry. In 1973, she co-founded The Corcoran Group with just $1,000. The company grew rapidly and became one of the most successful real estate firms in New York City.
Building a Real Estate Empire
Under Barbara’s leadership, The Corcoran Group specialized in selling luxury properties in Manhattan. She was known for her innovative marketing strategies and ability to connect with clients on a personal level. By the time she sold the company in 2001 for $66 million, Barbara had built a real estate empire that revolutionized the industry.
Becoming a Television Personality
Barbara’s success in the real estate world caught the attention of television producers, and she was invited to be a guest investor on the hit show “Shark Tank” in 2009. Her no-nonsense attitude and quick wit made her a fan favorite, and she quickly became a mainstay on the show.
Investing in Entrepreneurs
As a Shark Tank investor, Barbara has invested in numerous successful businesses and entrepreneurs. She is known for her keen eye for potential and her willingness to take risks on innovative ideas. Some of her most notable investments include Tipsy Elves, Cousins Maine Lobster, and Pipcorn.
Personal Life
Barbara married Bill Higgins in 1988, and they have two children together, Katie Higgins and Tom Higgins. Despite her busy schedule as an entrepreneur and television personality, Barbara makes time for her family and is a dedicated mother and wife.
Philanthropy
In addition to her professional success, Barbara is also known for her philanthropic efforts. She is involved in various charitable organizations that support education, women’s empowerment, and entrepreneurship. She is passionate about giving back to her community and helping others achieve their dreams.
Net Worth
As of 2021, Barbara Corcoran’s net worth is estimated to be $100 million. Her success in the real estate industry and as a television personality has allowed her to build a substantial fortune that continues to grow with each new investment.
Lessons Learned from Barbara Corcoran
Barbara’s journey from humble beginnings to becoming a successful entrepreneur and television personality is an inspiration to many. Her determination, resilience, and willingness to take risks have been key factors in her success. Some of the valuable lessons that can be learned from Barbara include the importance of hard work, perseverance, and believing in oneself.
Quotes from Barbara Corcoran
“The difference between successful people and others is how long they spend time feeling sorry for themselves.”
“The best leaders are those most interested in surrounding themselves with assistants and associates smarter than they are.”
“You can’t do it unless you can imagine it.”
