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Speaker 1: Live from the Mercedes Bands Interview Lounge. I'm having a moment.

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Speaker 1: It just kind of hit me. I haven't seen Barbara

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Speaker 1: Corkrane in over two years. I've missed you. I mean it,

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Speaker 1: I really mean it. I missed you too. I don't

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Speaker 1: know why. I don't know why. I don't know why.

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Speaker 1: This is why. Why am I emotional right now? Because

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Speaker 1: you know I'll give you ten reasons why. I'm beautiful Okay,

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Speaker 1: I'm lovely. Yes, I'm a good friend, always there for

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Speaker 1: you whenever you need anything, right, And I'm charming. Well

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Speaker 1: there's four okay, and then I'm rich rich you know,

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Speaker 1: I mean that really turns me on. Yeah, I'm sure

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Speaker 1: you need the money, right. It's so weird, you know,

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Speaker 1: it's been over two years since I've seen you, and

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Speaker 1: I just whatever, I will move on. But I'm so tough. No,

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Speaker 1: you know what that means. We should be together tonight

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Speaker 1: and sleep together. That's all that will happen. No, Bill

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Speaker 1: would not understand that. He wouldn't mind. It's been a

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Speaker 1: lot of years, Danielle. I wish you and Gandhi were

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Speaker 1: in studio with us. Barbara, Barbara is full style Barbara.

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Speaker 1: Of course, the reason why we begged her to come

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Speaker 1: on today is they just kicked off season fourteen last

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Speaker 1: Friday of A Shark Tank. Just came back from LA.

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Speaker 1: We're doing the media tour with all the sharks this week.

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Speaker 1: We're exhausted. Good no, no, let them kick the hell

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Speaker 1: out of here. It's good. It's good to be working.

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Speaker 1: It's good to be outside. I don't know about working

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Speaker 1: this hard. You know, I'm not a young chicken anymore.

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Speaker 1: If I'm putting it out, I'm putting it out. I

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Speaker 1: know that's what we all got to where we are.

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Speaker 1: We put it out. But I don't know what that means.

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Speaker 1: I've seen the other sharks out and about, and I'm said,

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Speaker 1: I'm just like, thank god, we've got Barbara. I don't

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Speaker 1: want the other ones. Oh come, I love I love them.

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Speaker 1: Come on. They all told me you asked them to

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Speaker 1: be on, they weren't available. Wow, that is not true. True,

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Speaker 1: not true. They come tell us, old ladies, he's full

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Speaker 1: of crap. Thank you, thank you, thank you. That's not

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Speaker 1: what we said. A Shark Tank. You know, the fourteenth

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Speaker 1: season compared to all the other seasons you've been on

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Speaker 1: in the past, Well, how is it different. Now. How

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Speaker 1: has the world shaped it into a new new Shark

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Speaker 1: Tank world. Well, a couple of things make it very different.

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Speaker 1: This year, I almost felt like I was on a

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Speaker 1: new show. We had a live audience show. It was bonkers.

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Speaker 1: The people were chanting, take her deal, take his deal,

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Speaker 1: take her deal. This is let's make a deal. It

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Speaker 1: was like a game show. It was like what we

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Speaker 1: usually do in an hour and a half. Here a

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Speaker 1: pitch and they edited down. We did each one in

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Speaker 1: seven minutes. It was horrific. It was the scariest thing

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Speaker 1: I've ever done. It seems like, God, it's less work.

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Speaker 1: It's not less work. Well, what was it about? You

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Speaker 1: didn't really care for because you couldn't ask you questions?

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Speaker 1: It was real money. I'm spending hundreds of thousands of

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Speaker 1: dollars on each deal, and I couldn't even ask enough questions.

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Speaker 1: I had to go or stay, get out, or get in,

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Speaker 1: and so I went in every time the audience said

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Speaker 1: take her deal. I spent way too much money, overpaid

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Speaker 1: for everything. Right. It was like I caught up in

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Speaker 1: the mall and it was so exciting. So it's almost

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Speaker 1: as if these crowds were talking you through their chanting

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Speaker 1: into doing things you normally wouldn't have done. Well, let

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Speaker 1: me say I normally wouldn't spend six hundred thousand dollars

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Speaker 1: on a boogie picker. And that's exactly sorry, booger will

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Speaker 1: be up for children. You're sticking in their nose and

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Speaker 1: you picked, you know, you clean their nose out six

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Speaker 1: hundred thous I'm sure it's a wonderful deal. I would

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Speaker 1: do it for a dollar. I do it for a

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Speaker 1: dollar fifty an hour. I could have bought one for

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Speaker 1: a dollar fifty per hour. Okay, So you spent six

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Speaker 1: hundred grand on a booger picker that you would not

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Speaker 1: have spent that money on without an audience. Definitely. Now,

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Speaker 1: so do we do we do shout the audience for

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Speaker 1: the new season? Are they gone? Well, they've gone for

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Speaker 1: the season, and I think they're going to bring them

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Speaker 1: back next year, but I'm going to call them sick. Well,

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Speaker 1: so I'm sure you, being Barbara Corkran, you made your

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Speaker 1: feelings be known. Of course I did. I said give

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Speaker 1: me my money back, and they said no, you didn't.

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Speaker 1: You said, you know, I want to refund. Yeah, yeah,

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Speaker 1: I knew they wouldn't give it back. I love hearing this. No, wait,

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Speaker 1: can you wait? Can you do that after you make

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Speaker 1: the deal, Like, if you decide you really don't want

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Speaker 1: to do it, can you take it back? Happens all

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Speaker 1: the time. You know, we do due diligence after the facts.

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Speaker 1: So if we don't like the deal, we don't have

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Speaker 1: to close what we close on the great majority of them.

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Speaker 1: Oh good, yeah, yeah, I can see how some of

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Speaker 1: them would go south because you don't have all the details.

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Speaker 1: During the course of people exaggerate, you know, they say

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Speaker 1: I own the patent, but their brother in law, who

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Speaker 1: hates it gods owns a patent. That's what you find

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Speaker 1: out something like that. Oopsops straight, and Nate has a question.

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Speaker 1: Yeah at the tip. So I watched the first episode

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Speaker 1: and the very first product was compostable underwear. You got it,

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Speaker 1: aren't They all know? I'm having on our I guess

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Speaker 1: my question is this, what's the last great, truly fantastic

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Speaker 1: idea you've gotten? Because it seems like people are really

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Speaker 1: trying to find a niche, right, of course, what's the

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Speaker 1: last one that just blew you away? It may have

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Speaker 1: happened on the show, may have happened in an elevator.

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Speaker 1: What was the last one that you're like. That would

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Speaker 1: be the Comfy, which is an over size sweatshirt, and

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Speaker 1: the race And it blew me away because it was

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Speaker 1: so silly At the time, I thought, who the heck

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Speaker 1: would buy that? But I liked the guys. Gave them

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Speaker 1: fifty thousand dollars and bought a third of their business.

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Speaker 1: I was the only buyer that day. They were laughing.

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Speaker 1: I think I'll have a beer with them. They're great guys.

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Speaker 1: They sold eight hundred million dollars in two years. Oh

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Speaker 1: my god, it was unbelievable. It's a runaway train. Whoever

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Speaker 1: saw it coming? Not me, that's for sure. I have one.

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Speaker 1: A couple of us have on me. I bet we

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Speaker 1: saw half of America. I bet we did. What about

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Speaker 1: the dumbest thing you've ever heard? Like? Was the dumbest

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Speaker 1: thing anyone's ever pitched? It was a Rhodes scholar. He

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Speaker 1: came in and he asked us for five million dollars

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Speaker 1: to build a tower in the middle of the Atlantic Ocean.

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Speaker 1: But it was worth it because he was going to

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Speaker 1: turn seawater into pure water for the rest of the world.

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Speaker 1: He was serious. I was like whoa, I gotta put

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Speaker 1: it in reverse for a second. So you you spent

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Speaker 1: fifty thousand dollars on the what was the sweater? Sweatshirt? Oh? Comfy? Okay,

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Speaker 1: fifty thousand on the comfy. Do you mind telling us

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Speaker 1: what your return was on that? You know, I've never

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Speaker 1: figured it out. The checks just keep coming in millions

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Speaker 1: of dollars, not just Bark. I really never thought about him, like,

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Speaker 1: I'm afraid we'll if you bring me bad luck. Maybe

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Speaker 1: those checks will cute probably six seven millions. Wow, you

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Speaker 1: know what I'm gonna do. I'm gonna buy you a

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Speaker 1: new apartment here in the city. I don't know. Yeah, yeah,

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Speaker 1: I can barely handle the one I have. So was

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Speaker 1: that was that road scholar, the same guy who said

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Speaker 1: he was going to harvest the energy from hurricanes and

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Speaker 1: make gold. No, that was a different cook. But you

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Speaker 1: got to agree, Barbara, you know there is something you

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Speaker 1: said from the cooks of this world, because no offense,

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Speaker 1: you are definitely one of them. I am one. No,

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Speaker 1: I don't know about this. Everyone on this show right

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Speaker 1: now is proud to admit that we are off center. Yes,

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Speaker 1: but that's I think the office people are the ones

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Speaker 1: that rule the way they are the only ones you

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Speaker 1: have fun with. That's for sure. This is true. Sure, Okay,

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Speaker 1: you know what, there's more to the fun and the

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Speaker 1: rolling of the dice, as it were, when it comes

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Speaker 1: to believing in people's products and believing in them. What

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Speaker 1: about the dreams? I mean, have you ever really just

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Speaker 1: heart melted over watching someone succeed after you supported them

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Speaker 1: and you see their dreams come true, and you just

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Speaker 1: you just see, wow, what a great story. I mean,

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Speaker 1: there's got to be something that you love about that.

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Speaker 1: It's not even the story. Honestly, it's the single best

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Speaker 1: thing about being a shark. You know, you go at

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Speaker 1: the end of the day, you see people who had

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Speaker 1: a little dream, had no cash, no way to turney

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Speaker 1: gave him the same opportunity that you had as a kid.

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Speaker 1: Someone won me a thousand dollars. I could have never

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Speaker 1: succeeded without that money, without a doubt. Of course, I

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Speaker 1: slept with my boyfriend again a thousands, but I was

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Speaker 1: going to sleep with them anyway. But really, the satisfaction

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Speaker 1: that comes from seeing a nobody or they don't think

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Speaker 1: they're nobody, but they sure look like nobody on this

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Speaker 1: that come and have a great living, buy a new house,

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Speaker 1: put their kids in private school, buy the new cars,

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Speaker 1: give to charity. A lot of these people give half

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Speaker 1: their money to charity out of gratitude. So any of

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Speaker 1: those stories, all of those stories. I have dozens of

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Speaker 1: entrepreneurs that make me cry when I think about them.

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Speaker 1: Can we make such a little miracle. It is a

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Speaker 1: big miracle. And if if we could just capitalize the gratuity, gratitude, gratitude,

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Speaker 1: it's so important. I want to open this up for

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Speaker 1: Danielle and Gandhi and everyone on the show because I

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Speaker 1: know they want to talk to you about some things. Yes,

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Speaker 1: but before we get to I just want to say,

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Speaker 1: I think what makes you personally and professionally watching Shark

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Speaker 1: Tank as wonderful and stellar as you are. You're all

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Speaker 1: about storytelling. You know what great storytellers can sell you

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Speaker 1: the moon. I agree, they can sell you a dream,

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Speaker 1: They can sell anything, because it doesn't feel like sales,

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Speaker 1: and it really isn't Talk about that anyone out there

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Speaker 1: who's a struggling or just trying to find their way.

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Speaker 1: Talk about how storytelling worked for you, how it can

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Speaker 1: work for all of us. I think that when you

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Speaker 1: relate well to people and tell them a story that

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Speaker 1: you've experienced in your own life. They like you automatically.

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Speaker 1: I also think people are a lot smarter than people

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Speaker 1: give people credit for. I think they can smell in genuineness.

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Speaker 1: Is there a word in genuineness? They could smell it

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Speaker 1: a mile away. So if you speak from your heart,

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Speaker 1: even if you think that your story is not very soulful,

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Speaker 1: what does improve a point? Well, people love you for

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Speaker 1: opening up and being genuine. So I think it's the

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Speaker 1: best teacher in the world. But it has to be real.

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Speaker 1: People see right through the bullshit. They really do hit

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Speaker 1: the button. People. People see right through the bologny. Hey,

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Speaker 1: you know what storytelling people do? Do want to hear

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Speaker 1: your story? So never ever squelt your story. Danielle Barbara Corkran,

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Speaker 1: What do you want to talk to her about? I

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Speaker 1: want to ask her, like all these people freaking out

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Speaker 1: right now, you know, me being one of them, about

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Speaker 1: the way the world is and finances and you know,

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Speaker 1: if you had to retire right now, you wouldn't be

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Speaker 1: able to and keep checking things to see how it's

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Speaker 1: doing in the stock market. What would you tell people

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Speaker 1: to do? Well? It might not work for everyone. But

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Speaker 1: here's what I do. I don't read the newspaper. I

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Speaker 1: just use a cheat sheet in my desk every day.

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Speaker 1: See what's going on in the world takes me about

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Speaker 1: two seconds. I don't check my stock portfolio, and I

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Speaker 1: have a lot of my net worth in it. I

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Speaker 1: never ask because I'm not going to sell anything. I'm

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Speaker 1: not going to die that I know of. I just

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Speaker 1: take a day at a time. I don't really care

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Speaker 1: what's going on around me. I just want a happy life.

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Speaker 1: I mean, in terms of finances and worries and how

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Speaker 1: am I going to afford Now I'm in a different

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Speaker 1: position from a lot of people. I really don't have

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Speaker 1: financial worries. But I'll tell you when I was near

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Speaker 1: going bankrupts bankrupt. I can't talk to Jay, sorry, I'm

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Speaker 1: still waking up. But when I was at that hour,

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Speaker 1: I got a conversation going with my mother, and you

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Speaker 1: know what she said to me. She said, you're not

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Speaker 1: worried about money, are you? I said, yeah, I'm going bankrupt.

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Speaker 1: She said, what a waste of time. She had the

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Speaker 1: right attitude. I've never worried about money, even the worst

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Speaker 1: of times. After that conversation and something always breaks, something

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Speaker 1: comes through. You survive stuff, well, we all do. So

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Speaker 1: I just think it's such a waste of time to

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Speaker 1: worry about money. Wow, worry about doing a better job,

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Speaker 1: you make a little bit more money, whatever, but don't

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Speaker 1: worry about what you don't have. Puts it ahead in

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Speaker 1: the wrong place. It debilitates you. It makes you less

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Speaker 1: than you can possibly ever be because you're focused on

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Speaker 1: the wrong stuff. Wow, it's that simple thing, you know.

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Speaker 1: Let's worry about the things that we can worry about

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Speaker 1: in fix other than that, keep moving forward. All right,

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Speaker 1: here comes Gandhi. I see her sizzling over there, sizzler

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Speaker 1: of oarizzling of my favorite people. So I think, first

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Speaker 1: of all, Shark Tank needs to be shown in high

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Speaker 1: school and college classrooms across the country. I think you

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Speaker 1: learned so much from it. I've learned so much from it.

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Speaker 1: But as far as the pandemic goes, have you guys

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Speaker 1: seen a whole new batch of people starting their own

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Speaker 1: businesses and like ingenious things coming your way? I couldn't

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Speaker 1: say we've seen ingenious things, because every idea is a

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Speaker 1: genius of the person who thought about it. Whether it's

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Speaker 1: going to make a go of it or not. But

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Speaker 1: what we saw this year, which was remarkable, is young people.

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Speaker 1: I beg you. The average age of who pitched this

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Speaker 1: year was probably twenty four. Wow. And everybody stood up

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Speaker 1: there and opened their picture at the same thing, And

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Speaker 1: they weren't paid to say it either. They said, I've

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Speaker 1: been watching you on Shark Dung since i was in

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Speaker 1: fourth grade. How depressing was that? And they looked like

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Speaker 1: a grown up who was shaving by now, you know.

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Speaker 1: But every single person there said they were inspired by

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Speaker 1: the show. They said they found the courage to get

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Speaker 1: started on the show. And when we got the older people,

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Speaker 1: the few token older people, middle aged people who were pitching,

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Speaker 1: they said that we gave them the courage to quit

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Speaker 1: their job and take a stab at making it on

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Speaker 1: their own. So, you know, it was the most inspiring

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Speaker 1: year we got as Sharks. We probably shouldn't have been

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Speaker 1: paid for the show this year. We should have been

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Speaker 1: paying out the money. I think, Wow, anything else gandhi, Um,

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Speaker 1: I have a couple ideas I'm going to pitch Barbara later.

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Speaker 1: Don't do it. I'm not spending any more money today.

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Speaker 1: I'm sorry. So several seasons ago you struck a deal

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Speaker 1: with a cousin's main lobster. Yeah, I don't think. I

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Speaker 1: was just thinking about that right now, and it's that weird.

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Speaker 1: And I know that they're successful because their brands still

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Speaker 1: exists today and I see it everywhere. However, Yeah, to

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Speaker 1: what extent do you and the Sharks stay involved all

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Speaker 1: the way through? I mean, are you still part of that?

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Speaker 1: Because I always think of you when I hear that

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Speaker 1: some businesses more than others. With them, I talked to

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Speaker 1: them at least twice a week. You know why. They're delicious.

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Speaker 1: They're fabulous, they're partners Jim and Saban. They're fabulous businessmen.

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Speaker 1: But I also talk to everyone who is a huge

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Speaker 1: success because I could be most helpful to those people. Now.

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Speaker 1: They started out with one part time truck. They didn't

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Speaker 1: believe we could make a franchise out of it. They said,

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Speaker 1: no way. They have fifty Today they have I think

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Speaker 1: three hundred and seventy five employees. They are a huge success.

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Speaker 1: I think they've sold over sixty million dollars worth of lobster.

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Speaker 1: You know. But you know what's so great about them,

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Speaker 1: I find excuses to talk with them. That contagious you

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Speaker 1: hang around great people who are optimists will pushing the

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Speaker 1: envelope all the time. Like Jim and Saban are always

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Speaker 1: those people. I get energy for them, and I push

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Speaker 1: the envelope with the next person. I love hearing that

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Speaker 1: making sixty million bucks off the cockroach of the sea.

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Speaker 1: Who I don't like that? They really are at one point?

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Speaker 1: You know, Los Lobster role to you, Elvis today. I

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Speaker 1: love Lobster House Lafayette, my favorite place in New York City.

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Speaker 1: The thing about lobster is it used to be fed

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Speaker 1: to prisoners because there was such an overabundance of them,

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Speaker 1: and now they're so expensive it's prime stuff. Um yes,

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Speaker 1: straight name. Okay, another question, Barbara, here he comes. Lots

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Speaker 1: of people have good ideas, right, but there's probably a

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Speaker 1: lot more bad ideas out there. What can help sell

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Speaker 1: a bad idea through? Like a good, smile, handsome person pitching.

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Speaker 1: It's asking for a friend. Like you know, you're like, Okay,

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Speaker 1: it's a bad idea, but I really like the guy.

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Speaker 1: I'll give you some money. You know, there's been a

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Speaker 1: lot of deals made on Shark Tank. Two guys like that.

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Speaker 1: They look good, they have high energy. The great salespeople.

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Speaker 1: You really want to be their friend. But their ideas

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Speaker 1: you can't say sucks right, sucks is fine, okay, but

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Speaker 1: their idea sucks all right. But what happens is they

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Speaker 1: get their investment anyway, because we're banking on the entrepreneur

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Speaker 1: that they're going to realize the mistake, change your model

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Speaker 1: around and come up with something good. And you know what,

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Speaker 1: That's happened to me at time and time again when

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Speaker 1: I've kept my eye on a good looking guy like you, Thanky,

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Speaker 1: oh boy, the same woman who try to steal my man.

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Speaker 1: I'm still working on that, Alex. You know my friend

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Speaker 1: Ellen Kay, she does mornings in Los Angeles. Hope you

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Speaker 1: go buy and see her season. She said, Oh, I'm

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Speaker 1: listening to this interview. I thought I was your number

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Speaker 1: one girlfriend. I thought I was your thought. Oh no,

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Speaker 1: I don't know what is there over there anyway, Ellen,

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Speaker 1: We say hello to you. Phones are ringing for Barbara Corkrane. Hello, Charlie,

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Speaker 1: Welcome to the show. See how to Barbara. Hi, Good morning, Barbara.

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Speaker 1: How are you morning, Charlie? Good Your story touched my heart.

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Speaker 1: I'm a small business owner in New York City. I

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Speaker 1: have a store on the Upper East Side I took

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Speaker 1: it over about three years before the pandemic, and when

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Speaker 1: the pandemic hit, I didn't know what was going to happen.

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Speaker 1: I stayed open every single day. I did the best

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Speaker 1: that I can, and I had just a few good

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Speaker 1: customers continuing to come in. And one person changed my

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Speaker 1: life because they were just talking to me. And sometimes

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Speaker 1: that's all you need is just one person to just

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Speaker 1: talk to you. And that one person talking to me

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Speaker 1: was telling me just live for the moment, live for today.

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Speaker 1: You never know what's going to happen tomorrow. You put

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Speaker 1: your head on the pillow to you don't even know

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Speaker 1: if you're going to wake up. Take care of what

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Speaker 1: you could take care of today. And that's it. When

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Speaker 1: you were when you were talking about how you were

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Speaker 1: afraid to go bankrupt, and uh, you know, you're you're

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Speaker 1: worrying so much about you know what's going to happen next.

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Speaker 1: You're creating that block within your own life. So then

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Speaker 1: you're kind of preventing your own success from happening because

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Speaker 1: you're worrying too much about the wrong thing. Absolutely, what

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Speaker 1: happened to you next, I'd be curious. So thankfully I'm

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Speaker 1: still in business UM, I lowered my overhead by by

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Speaker 1: moving my store off of me, off of a mean

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Speaker 1: avenue to a side street. And when I cut my

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Speaker 1: overhead by a third, that really helped me to survive

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Speaker 1: because I went from paying twenty thousand dollars a month

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Speaker 1: and run to four thousand dollars. You're being very, very

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Speaker 1: tiptoey right here. What do you do? Talk about your shop?

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Speaker 1: So shout out to my store. I owned first avenue

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Speaker 1: mail room in New York City, UM located at three

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Speaker 1: forty one seventy sixth Street. What do you guys do?

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Speaker 1: And I offer pack and ship services for the you know,

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Speaker 1: for the neighborhood. All the all the small all the

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Speaker 1: all the small mail shops are are a couple of

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Speaker 1: avenues away from where I am. So I'm on seventy

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Speaker 1: sixth Street, right between First and Second Avenue, and I

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Speaker 1: just make a convenient for the people that live nearby.

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Speaker 1: They want to come and ship a package, come on over.

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Speaker 1: If they live in an on doorman building, I allow

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Speaker 1: them to receive mail and packages at my door and way.

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Speaker 1: And I just take care of my customers as much

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Speaker 1: as I can. Hear, how can't you hear? How lovely

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Speaker 1: you are. I want to ship something just to meet you.

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Speaker 1: I will do that. Actually, give us the name of

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Speaker 1: your business again, I didn't catch it. It's First a

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Speaker 1: mail Room, Inc. First Inc. Love it all right. We

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Speaker 1: appreciate you listening to us, Charlie and calling in and

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Speaker 1: talking to my girl. Thanks at a smile on my

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Speaker 1: face every single day. You're the break from reality we

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Speaker 1: all needed. Well, there's nothing real about this show except

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Speaker 1: for right now. Thank you, Charlie, Thank you. We haven't

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Speaker 1: talk back. You know. There's the new thing on the

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Speaker 1: I Heart radio wepp. If you listen to us, use

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Speaker 1: a little microphone on your on your on your lap.

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Speaker 1: What is the same phone? You push it and talk

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Speaker 1: to us? Who is it? What are they saying? Grandmother

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Speaker 1: bought everyone in the family companies the first year that

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Speaker 1: they were out, and then this year she has now

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Speaker 1: bought everyone in the family. Who are Tennessee fans a

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Speaker 1: new comfy with the Tennessee te So we have most

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Speaker 1: definitely loved our company. There you go, comfy fans, go figure, right,

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Speaker 1: But don't you feel delicious when you're bundled up? Yeah?

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Speaker 1: Ali is here. Remember Ali came in not too long

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Speaker 1: ago and said she was looking at an apartment that

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Speaker 1: actually was a good deal, but the bathroom was out

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Speaker 1: in the hallway. WHOA, really, did you ever find a place?

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Speaker 1: Did you ever rent a place? No? I ended up

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Speaker 1: so my landlord increase my rent by eleven point five percent,

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Speaker 1: But then looking at the market, it was still five

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Speaker 1: hundred dollars less than the apartments in the area, and like,

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Speaker 1: I still a studio. So I was just wondering, if

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Speaker 1: there's going to be another dramatic rent increase, should I,

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Speaker 1: like stay locked into the apartment I have? Now you

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Speaker 1: know what's going on with people renting control? Well, you

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Speaker 1: don't have control because you're what we call a tenant.

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Speaker 1: The landlord has the control, and landlords aren't going to

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Speaker 1: cut you any deals. The market's going up, the rentsa

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Speaker 1: going up. They're not going to come down, period. Is

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Speaker 1: it any way you could get out of that rat

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Speaker 1: race and buy yourself something right now? Not even a studio.

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Speaker 1: You can't pitch you know what. Let me tell you something.

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Speaker 1: The people who buy studios just a starter apartment in

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Speaker 1: New York rarely ever buy without the help from a

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Speaker 1: rich uncle or an aunt or a parent who loans

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Speaker 1: them the money. There's no shame in asking for money

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Speaker 1: to get a start. I'm a big believer in it.

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Speaker 1: Can you pitch your mother on becoming your partner and

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Speaker 1: giving the down payment and you'll share the proceeds when

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Speaker 1: you sell for a profit. I don't know, Uncle Elvis.

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Speaker 1: It's a great idea. Where's the time. Actually, actually heard

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Speaker 1: a very successful entrepreneurs say the other day you should

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Speaker 1: never ever buy anything. You should be renting out there. No,

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Speaker 1: it's not true. This one person said, you're never gonna

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Speaker 1: get your return because of all this stuff you spend

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Speaker 1: being your own landlord. Now that's a that's a left

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Speaker 1: left brain type guy in finance. I'm sure that's who

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00:21:30,840 --> 00:21:33,919
Speaker 1: that was, But let me don't. I made the worst

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00:21:33,960 --> 00:21:35,879
Speaker 1: mistake of my life when I backed out of his

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00:21:35,960 --> 00:21:39,160
Speaker 1: studio when I was twenty eight. I died to put

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00:21:39,160 --> 00:21:41,879
Speaker 1: the down payment together, but I backed out because I

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00:21:41,960 --> 00:21:43,800
Speaker 1: sensed it was a high in the market. I'm in

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00:21:43,840 --> 00:21:45,560
Speaker 1: the trade. I don't want to buy it the high,

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00:21:45,600 --> 00:21:48,080
Speaker 1: and I backed out, lost my deposit, and you know,

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00:21:48,119 --> 00:21:51,000
Speaker 1: it took me eight years to save again to buy

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00:21:51,000 --> 00:21:53,560
Speaker 1: my next studio. But once I did, I had a

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00:21:53,640 --> 00:21:55,399
Speaker 1: chit in my game. I traded it up for a

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00:21:55,440 --> 00:21:58,280
Speaker 1: one bedroom. Years later, I traded for two bedroom, three

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00:21:58,320 --> 00:22:01,639
Speaker 1: bedroom my penthouse today that I enjoy I wouldn't have

435
00:22:01,720 --> 00:22:03,680
Speaker 1: if I didn't get in the game. I just the

436
00:22:03,720 --> 00:22:05,920
Speaker 1: market ran away from me. It just runs away from me.

437
00:22:05,960 --> 00:22:07,679
Speaker 1: If you're not in the game, you gotta get in

438
00:22:07,720 --> 00:22:10,200
Speaker 1: the game. Come on, go find that rich uncle. Stop

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00:22:10,200 --> 00:22:14,400
Speaker 1: looking at Elvis, Uncle Elvis, start calling him that. Here's

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00:22:14,400 --> 00:22:17,640
Speaker 1: an interesting question from another talkback by Barbara Jane from

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00:22:17,720 --> 00:22:21,800
Speaker 1: New Jersey. I have fifty thousand right now to invest.

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00:22:21,880 --> 00:22:24,080
Speaker 1: I really wanted to buy a rental property, like a

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00:22:24,160 --> 00:22:27,200
Speaker 1: duplex with two units, but it's hard to afford that

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00:22:27,600 --> 00:22:30,639
Speaker 1: with just fifty thousand dollars. What can I do with

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00:22:30,760 --> 00:22:33,760
Speaker 1: the fifty thousand that I have? Fifty thousand? What do

446
00:22:33,800 --> 00:22:35,720
Speaker 1: you do with it? You're on the right path to

447
00:22:35,800 --> 00:22:39,800
Speaker 1: buying a two unit home. It's the best investment to

448
00:22:39,840 --> 00:22:42,960
Speaker 1: get started as a real estate investor. But if you

449
00:22:43,119 --> 00:22:46,639
Speaker 1: know your neighborhood, when you have knowledge, people around you

450
00:22:46,680 --> 00:22:48,600
Speaker 1: always have money. If you have money, you don't have

451
00:22:48,640 --> 00:22:53,760
Speaker 1: knowledge like me anymore, right, you should maybe approach someone

452
00:22:53,800 --> 00:22:55,640
Speaker 1: with money to give you money. If you know your

453
00:22:55,640 --> 00:22:58,119
Speaker 1: market and be a partner in investment, but find the

454
00:22:58,119 --> 00:23:01,800
Speaker 1: investment first and seeing the praises of that investment. Don't

455
00:23:01,840 --> 00:23:04,120
Speaker 1: you know anyone who has money that you know? Well,

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00:23:04,119 --> 00:23:12,679
Speaker 1: that was a recording, so you can't answer. Let me

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00:23:12,720 --> 00:23:15,399
Speaker 1: tell you something that is really true about what I

458
00:23:15,440 --> 00:23:18,359
Speaker 1: just said. When I wanted to buy real estate, I

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00:23:18,440 --> 00:23:20,760
Speaker 1: had no time, and when I had the time, it

460
00:23:20,800 --> 00:23:24,680
Speaker 1: was opposite. I found partners in every neighborhood in Brooklyn

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00:23:24,720 --> 00:23:27,440
Speaker 1: to find me property, not brokers. People live there and

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00:23:27,520 --> 00:23:29,720
Speaker 1: knew the streets, knew the right side of the street,

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00:23:30,119 --> 00:23:32,040
Speaker 1: and I made them a ten percent partner. I put

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00:23:32,119 --> 00:23:33,960
Speaker 1: up the money, and I've been the partner ever since.

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Speaker 1: I know. I own a lot of property I would

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00:23:36,280 --> 00:23:38,840
Speaker 1: have never had if I didn't get an expert who

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00:23:38,880 --> 00:23:42,320
Speaker 1: as my ten percent partner. People with money need expertise,

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00:23:42,359 --> 00:23:45,400
Speaker 1: and people with expertise need money. You need a partner. Wow,

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00:23:45,520 --> 00:23:48,280
Speaker 1: I know she didn't. I know she dialed off. Right,

470
00:23:48,720 --> 00:23:54,879
Speaker 1: she's listening, so okay? Good? Uh? What what's that you give?

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00:23:54,920 --> 00:23:58,000
Speaker 1: A podcast? Yes, of course you probably have these recordings

472
00:23:58,560 --> 00:24:01,280
Speaker 1: rolling in on yours, but you you maybe never check them. Yeah,

473
00:24:01,280 --> 00:24:03,359
Speaker 1: you didn't check. You You have people talking to you

474
00:24:03,359 --> 00:24:07,040
Speaker 1: don't even know you hear voices. Look you know, Barbara,

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00:24:07,080 --> 00:24:09,800
Speaker 1: I just I cannot thank you not for coming on today.

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00:24:11,320 --> 00:24:13,280
Speaker 1: As you breathe out of this room and head back

477
00:24:13,359 --> 00:24:17,240
Speaker 1: uptown to your lofty, lofty penthouse apartment, part of you

478
00:24:17,280 --> 00:24:18,920
Speaker 1: stays with us and in the hearts of our listeners,

479
00:24:18,920 --> 00:24:21,960
Speaker 1: in our minds, and your spirit is fantastic. And as

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00:24:21,960 --> 00:24:24,000
Speaker 1: a friend, I just Alex and I miss you so

481
00:24:24,080 --> 00:24:27,280
Speaker 1: much and thank you for coming on today, my pleasure.

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00:24:27,680 --> 00:24:29,600
Speaker 1: The two words I heard today that I love the

483
00:24:29,720 --> 00:24:33,360
Speaker 1: most that resonated with me the most are gratitude and courage.

484
00:24:34,160 --> 00:24:36,680
Speaker 1: You used both. I didn't even realize that, Yes, she did,

485
00:24:37,320 --> 00:24:43,720
Speaker 1: absolutely so. Gratitude and courage, Barbara Corkrane. Of course I

486
00:24:43,840 --> 00:24:46,560
Speaker 1: love you. Season fourteen of Shark Tank premiered last week.

487
00:24:46,600 --> 00:24:48,959
Speaker 1: Make sure you watch it and always support our Barbara Corcoran.

488
00:24:49,320 --> 00:24:52,960
Speaker 1: God knows she needs love, love love. What if we

489
00:24:53,000 --> 00:24:55,000
Speaker 1: have a million more questions for her? Can we hit

490
00:24:55,000 --> 00:24:57,200
Speaker 1: her on the talk back with her podcast? She'll never

491
00:24:57,200 --> 00:24:59,040
Speaker 1: find it, find it. I'll look for it. I'll look

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00:24:59,040 --> 00:25:01,080
Speaker 1: for Okay, We'll figure out how to connect you though

493
00:25:01,640 --> 00:25:03,760
Speaker 1: Cheryl Crowley, she talks to her every day. Go through

494
00:25:03,840 --> 00:25:07,480
Speaker 1: Cheryl anyway, we love you, Barbara, thanks for We'll be

495
00:25:07,520 --> 00:25:14,000
Speaker 1: back here for this. Elvis, Elvis, Elvis Duran, and Elvis

496
00:25:14,080 --> 00:25:15,320
Speaker 1: Duran in the Morning Show