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Barbara Corcoran on people and hustle: interview summary

Barbara Corcoran on The Diary Of A CEO | E204
- Corcoran says her two gifts are people and efficiency.
- She hired hungry people who had something to prove.
- She removes chronic complainers and negative people from teams.
- She says numbers are the least important thing in business.
- She grew up poor in a large family.
What two gifts did Barbara Corcoran discover early?
Working as a waitress, she found she was good at people and efficiency. She says those are huge in any business: if you can choose people, motivate them and get them to work together, and run things efficiently, you have a real edge.
Actionable
- Write down your two biggest gifts.
- Hire someone hungry who has something to prove.
- Separate useful critics from chronic complainers on your team.
- Spend more time on people than spreadsheets this week.
Lessons
- Know your gifts.
- Hunger beats pedigree.
- Negativity drains teams.
- People drive results.
Quick answer
Barbara Corcoran sat down with The Diary Of A CEO for this interview, published Dec 15, 2022. Here's our summary in our own words: a verdict, the answer to the big question, 5 takeaways, Actionable and Lessons tabs, then the stories, frameworks and how to use them.
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Watch on YouTube: Barbara Corcoran on The Diary Of A CEO | E204
Channel: The Diary Of A CEO. Published Dec 15, 2022. About 72 minutes.
Who is Barbara Corcoran?
Barbara Corcoran built The Corcoran Group in New York real estate and is a Shark Tank investor.
This is an episode of The Diary Of A CEO with Steven Bartlett.
Key stories from the interview
- She tells of her father's struggles.
- She describes learning her gifts as a waitress.
- She explains how she fires negative people.
- She shares what she sees in Shark Tank founders.
Frameworks and ideas
- People and efficiency.
- Hire the hungry.
- Remove negativity.
- Numbers matter least.
In their words (paraphrased)
- Those were my two gifts people and efficiency.
- They all had something to prove.
- Numbers are the least important thing in business by far.
How to apply this
- Ask a friend which two gifts they see in you.
- Review your team for someone draining energy.
- Interview one candidate from a non-traditional path.
A note on this summary
This page reports what was said in the interview, in our own words. Lines under 'In their words' are paraphrased from the transcript, so check the video for exact wording.
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FAQ: questions people ask
What are Barbara Corcoran's two gifts?
People and efficiency.
Who does Corcoran like to hire?
Hungry people who have something to prove.
Is the Barbara Corcoran Diary of a CEO interview worth watching?
Good value given. Lively and practical.
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- Billionaire and Founder Interview Summaries
- Entrepreneur Biography Summaries: Founder Lessons
- YouTube Video Summaries by Topic and Format
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