Barbara Corcoran, after selling her real estate company for $66 million, identifies 11 rules for wealth building. These include prioritizing hustle over formal qualifications and understanding the importance of personal investment in self-image. Corcoran emphasizes that one cannot grow wealth while playing catch-up and points to resilience among successful individuals. Additionally, she suggests acting quickly on ideas instead of waiting for perfection. Corcoran's own experience with spending her first commission check on a luxury item underscores her belief in personal investment as a foundation for success.
If you want to be rich, follow these rules. Some rules, Corcoran has talked about before, such as not hiring 'fancy degrees' and opting for hustle and attitude, instead.
You can't grow wealth if you're always playing catch-up. The most successful people I know all have one thing in common: They spend little time feeling sorry for themselves, and they get right back up.
The best time to move on an idea is the moment you think of it. You don't have to get it right, just get it going.
Corcoran recommends setting money aside to look the part - in 2023, she told viewers that she spent her first-ever commission check on a $320 peacoat at luxury retailer Bergdorf Goodman, despite not being able to afford it.
Collection
[
|
...
]