Meet Barbara Corcoran: real estate mogul, business expert and executive producer of “Shark Tank.”
Many people might recognize her as one of the “sharks” on the show, but she’s more than that. She’s an author, a mother and also a longtime resident of the Upper East Side.
She also isn’t afraid to admit her faults, like when she confessed she’s a naturally “nervous” person when meeting up with Jamie Stelter at Island, a restaurant located at 92nd Stret and Madison Avenue on the Upper East Side, for this week’s episode of “Extra Shot.”
Corcoran admitted that she knows her limitations.
“I've been asked to run for mayor a few times,” Corcoran said. “It's not for me. I would certainly get elected on anything I ran for, but then I would quit probably after six months because I know I wouldn't like it. I wouldn't be politically savvy.”
“What would the platform be though?” Stelter asked. “Barbara will bring what to New York City?”
“I’d like to say more affordability, but I don't think it will ever happen,” she said. “I would create programs to give more entrepreneurs a head start because entrepreneurs build cities. That's where it all starts. They start employing people, they make changes, and then the city prospers.”
Some might argue she’s already doing that with “Shark Tank.” She’s seen thousands of pitches in her 15 seasons on the hit show. But, Corcoran said it's natural for her to second-guess herself.
“I spent probably the first 13 years second guessing myself, being scared if somebody's going to call on me. It was not an easy path to learn my confidence, much easier in real estate,” Corcoran said.
“Well, and you're sitting in a line with very confident people,” I said.
To the other women who might feel like they are struggling in male-dominated industries, Corcoran offered this advice: “I think it's important not to see yourself as a woman. I never saw myself as a woman ever. I saw myself as a competitor,” she said. “And I think about speaking up and being heard among men. I would sit there being quiet, thinking I had a good answer or a good suggestion, not speak up for a while, and then I would start asking, ‘What would a man do?’”
She’s had to use that advise more than a few times, she said, including when she had to fight off a mugger by punching him in the face as soon as she stepped out of a taxi.
“I'm literally writing down the word chutzpah,” Stelter told her after she relayed the story.
“Chutzpah is a great word. There's no other word for It,” she said.
“I feel like you have it in spades. It's incredible that you talk about being nervous ever at any point,” Stelter said.
“Oh, that's crazy. Of course, don't be fooled. Most people who are enormously successful are very insecure and they are very nervous, and they're very surprised by the success. That is the truth,” Corcoran said.