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4 Top Money Lessons Barbara Corcoran Learned From 'Shark Tank'

Barbara Corcoran, known from her role on "Shark Tank," has shared several key financial lessons she learned from her experience on the show. Firstly, she emphasizes the importance of listening to understand the entrepreneur's vision and passion, which often leads to better investment decisions. Secondly, she learned that money is not the primary motivator for many entrepreneurs; instead, they are driven by passion, which can lead to more resilient and successful businesses. Thirdly, Corcoran highlights the significance of failing fast; she believes that quick failures allow for quicker pivots and learning opportunities, which are crucial in the entrepreneurial journey. Lastly, she discusses the value of negotiation, where she learned that the best deals often come from understanding and leveraging the entrepreneur's needs and motivations rather than just focusing on the financials. These lessons have shaped her approach to investing and mentoring on "Shark Tank."

Read the Full GOBankingRates Article at:
[ https://www.msn.com/en-ca/money/smallbusiness/4-top-money-lessons-barbara-corcoran-learned-from-shark-tank/ar-AA1sYrsv ]