- Barbara Corcoran admired Donald Trump’s sales skills and defended his real estate investments.
- She warned against following financial news too closely and warned of the disruptive potential of AI.
- The ‘Shark Tank’ star advised young people to get a job before starting a company.
Barbara Corcoran highlighted Donald Trump’s skills as a salesman, explained why she specializes in real estate, and detailed why she only supports entrepreneurs who didn’t grow up to be wealthy.
The Shark Tank investor and founder of the Corcoran Group explains why ignorance of financial news can be a blessing, encouraging people to work for others before starting their own businesses. Advised and warned that the artificial intelligence boom threatens to replace the fewest people. experienced workers.
Corcoran said in a recent episode of YouTube’s “Meet Kevin” show.
Here are her 12 best quotes from the interview, lightly edited for length and clarity.
1. “He was a great salesman. His pitches were bullshit. I learned a very important lesson: Bullshit flies. Much more important than the facts. Well, he It will sell because he’s not afraid to make it up.” (Ms Corcoran recalled working with Donald Trump on a real estate deal.)
2. “Donald Trump has the power to sell. That’s why I take him more seriously than any candidate.” (She was discussing the upcoming US presidential election.)
3. “The richest people in the world have found that they are good at what they do. I am good at real estate, I am good at investing, I am making good returns, I know how to pick properties, so why would I want to be better?” Is it the stock market that I know nothing about, or is it some other industry? (Aside from her Shark Tank investment, Ms. Corcoran said she puts all her money into real estate, which is why she became wealthy.)
4. “Investing in real estate is a wonderful magic trick. “
5. “It’s an advantage to be blind, ignorant, and stupid when starting something. When I’m well-educated, understand the economy, and start a business, or later when I grow a business into something big, it’s a recession.” I don’t think I could have done the same if I had listened to reports about
6. “Don’t listen to the hype, 90% of it will never happen. I hear about recessions all year round and I don’t care. It’s just psychologically disturbing.” And it doesn’t change anything.”
7. “In Shark Tank, I never invest in kids who have money. If they have money, what are they reaching for? They had a fancy vacation, had a nice car, and my mum and dad were always there to support me.” “They never make money for me. Give me a poor child who has things to struggle with and they don’t know, and they’ll find a way.”
8. “You better get a job to see what it’s like and how hard it is to work hard and make money for a dollar. I got a $1,000 from my boyfriend.” I took out a loan and took care of every penny.”
9. “Artificial intelligence has changed so many businesses. because there is.”
10. “I built my business around inexperienced people. Housewives who had never worked a day in their lives came in and they were raising their children. I need to understand.” There was, ‘Are they salesmen, are they killers, can they close the shop?’ What’s the deal? I had my own way of discovering it.”
11. “Since I started in the media business, I’ve hired kids right out of college. It’s the easiest way to do it. You have great ambitions, great bundles of possibilities, and you know how to shape them.” You can decide, how thrilling.? It’s pretty close to the role of God.”
12. “I’ve been through a lot in this town. The stock market crash, 911, and everything else. I just went through everything so hard because I didn’t have much information, And I was determined to get there, all the rest of the “It’s noise. What does it really have to do with what you’re going to do today?”
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