Shark Tank Judge Barbara Corcoran says building a business is like starting a family
Mar 14, 2017, 16:54 IST
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Barbara Corcoran is a judge or a ‘Shark’ on Shark Tank, the first show that put entrepreneurship on mainstream television.
The series is live on Colours Infinity, in India, and in a recent episode, this is what Ms. Corcoran said about women entrepreneurship.
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“The best thing you can do as a woman if you’re going to start your own business is to think like a man. When you’ve done something great and you’re thinking you’re going to wait and share the credit, no don’t do that, raise your hand and take full credit.’’
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So, while she does want you to think like a man, she thinks that women can start a business quite like the way they want to start a family.
“Women have a lot more on their plate than men do because we’re still having the babies in life. And so if you’re planning to have a family the single best thing you can do is to start your own business. You make the hours, you decide who you work with, you decide how much money you’re going to make and when you want to make it. If you’re a woman and you’re not in business for yourself and have that God given talent you’re out of your mind because nothing is more satisfying than being a woman, building a big business is just like building a family.’’
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Barbara is a jack or Jane of many trades but the one thing that she believes that stands out in entrepreneurs she meets and invests is this: Look the part. “For me to buy into your pitch you’ve got to look the part, so, if you’re in the food business you better look like you like to eat. if you’ve invented a new app of some kind; you better look like a nerd with like glasses on. After that it’s a question of energy, if you’ve got the energy to match the look, I’m generally buying in,” she signs off.