Today is the birthday of Shark Tank investor Barbara Corcoran, who turns 76. To mark the occasion, she took to Instagram to share some photos and offer advice on effective leadership, emphasizing that she believes she is the best boss she has ever encountered.
Barbara Corcoran, with over 50 years of experience managing employees, founded The Corcoran Group, a real estate brokerage in New York City. She sold the company in 2001 for an estimated $70 million after overseeing its growth from seven agents in 1973 to around 700 brokers in 2001.
Currently, Corcoran earns approximately $4.5 million per year from her investments, which include profits from over 650 deals on “Shark Tank,” where she has been a part of the original cast for 16 seasons. She attributes her success as a boss to her philosophy of working for the benefit of her employees.
Corcoran’s approach involves constantly asking her employees what they need, where they want to work, and how she can support their career advancement. By prioritizing their needs and taking proactive steps to help them progress, she establishes a strong connection with her team members that pays off in the long run.
Despite acting selflessly towards her employees, Corcoran acknowledges that this approach ultimately benefits her as well. As her team members grow and succeed in their careers, she remains closely connected to them and can leverage those relationships for mutual gain. By prioritizing her employees’ well-being from the outset, Corcoran ensures a lasting bond that continues to benefit both parties.
For more insights into Barbara Corcoran’s leadership philosophy and strategies, you can check out her Instagram video where she shares her thoughts on being a good boss. Happy birthday, Barbara Corcoran! #BarbaraCorcoran #SharkTank #Leadership #GoodBoss
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