On ABC's Shark Tank, Barbara Corcoran can be counted on to say what's on her mind. It's more than a habit for her--it's a strategy for business and life.
The biggest myth in business is...
That business is all about the numbers. It's really all about the people.
Describe your power outfit.
Bright colors with high heels to make my legs look longer.
If you could time travel, where would you be right now?
Back at the birth of my 18-year-old son. It took me six years and seven in vitro attempts to have him, and his first scream was the happiest moment of my life, bar none.
Whom would you trade places with for a day?
Nobody. Why would I want somebody else's life? I love what I've got.
What have you learned about yourself while running your business?
I used to think the Corcoran Group was my golden goose. Once I sold it, I realized I was the golden goose.
What's your theme song?
"Get Up, Stand Up," by Bob Marley
What's one thing your employees would be surprised to know about you?
Nothing at all--I have no secrets. They know everything about my business at the office, what's bothering me at home, and everything wrong with my husband.
What have you sacrificed for success?
Time. I wish I had two of me, one for work and one for play.
Who gives you the best advice?
My best friend Edith: "Go ahead and do it! Remember, you only have 10 good years left." She's been saying that for 15 years.
What's the best part of the day?
The minute I open my eyes, because I'm totally optimistic. From there, it's all downhill until I hit the sack at midnight with not an ounce left to give.
Don't miss Corcoran's discussion with Inc.'s Scott Gerber about what happens behind the scenes on Shark Tank and how entrepreneurial women can have it all.