""I pay close attention to who takes responsibility and who plays the blame game," Corcoran told the Wake-Up Call at Work newsletter. "Six months after Shark Tank, something always goes wrong-the supplier didn't deliver, the molds were wrong, an employee messed up. But the minute an entrepreneur starts blaming the next guy, I know it's over and they're going to lose my money.""
""I've invested in hundreds of entrepreneurs over the years, and I've learned the most successful ones have many traits in common," she added. "They're not afraid of risk and they're super competitive. They have wild enthusiasm and know how to bounce back from failure. If it's a partnership-and the best entrepreneurs often are-the partners have opposite traits and complement each others' strengths and weaknesses.""
Barbara Corcoran spent 17 seasons on Shark Tank and sold her real estate company for $66 million in 2001. She invested in hundreds of companies and recorded major successes, including a $50,000 investment for 30% of The Comfy that later generated over $450 million. Corcoran prioritizes founder accountability above product, viewing blaming others as a clear signal that investor support will end. She highlights risk tolerance, competitiveness, enthusiasm, resilience, and complementary partner traits as common factors in successful ventures. Her net worth is estimated around $100 million, and she treats mistakes as learning opportunities.
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