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Speaker 1: Happy International Women's Day.

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Speaker 2: From Elvis Terran in the Morning Show.

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Speaker 3: It's International Women's Day. One of my favorite women in

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Speaker 3: the world is here right now. It's Barbara Corkoran. Yeah,

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Speaker 3: thanks Sark, Barbara cork all the girls.

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Speaker 4: She's like a family now she's I know he count

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Speaker 4: as a guest anymosing she doesn't really.

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Speaker 3: But she's amazing. And thank you for coming in.

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Speaker 2: By the way, because pleasure.

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Speaker 3: I feel like we have so many things to talk

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Speaker 3: to you about that specifically affect women. Not to bore

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Speaker 3: the guys, but I think that ladies need to hear

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Speaker 3: a lot of advice about business and getting into your

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Speaker 3: business and some advice that you might have.

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Speaker 2: So I feel it so nice to get the acknowledgment

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Speaker 2: of women in business. You know, that doesn't happen so often.

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Speaker 2: So International Women's Day is important.

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Speaker 4: What about people that don't have money, like I was

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Speaker 4: thinking before, some people that listen to us have nothing

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Speaker 4: to invest, like, but they want to do a little something.

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Speaker 4: Do you have advice for those kind of ladies?

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Speaker 2: Well, to any woman who really wants to take control

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Speaker 2: of her life and make money, I'm just to believe

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Speaker 2: that you have to start a business I don't believe

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Speaker 2: in working for anybody. If there's any way, you could

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Speaker 2: work for yourself. And most people who start businesses surprisingly

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Speaker 2: don't have any money. They usually run around a credit

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Speaker 2: card for the first year, sometimes two years of their life.

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Speaker 2: They don't get the same kind of credit investors that

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Speaker 2: men get, and they make it somehow. In fact, they've

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Speaker 2: most double the number of businesses started by women.

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Speaker 3: Do you favor women at all? Do?

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Speaker 1: I do?

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Speaker 3: Not?

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Speaker 2: Let me give you a solid reasons why not? Because

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Speaker 2: I'm biased towards women. I have as many male owned

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Speaker 2: businesses that I've invested as women. Women are more able

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Speaker 2: than men. I hate to say it, but I have

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Speaker 2: seen it. I built my business with women. I had

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Speaker 2: almost seven hundred women working for me before a man

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Speaker 2: would dare set their foot into the Corkoran group. They

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Speaker 2: were on each other's side. They were not caddy, which

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Speaker 2: was always the attitude of people towards too many women

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Speaker 2: in a room that caddy. I found that they brought

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Speaker 2: more to the table. And there are multitaskers could do

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Speaker 2: five or six things at once, including raising their kids

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Speaker 2: at home, because most of them had families at home.

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Speaker 2: So women are so underrated as workers, but they're making

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Speaker 2: up for it because they've doubled the number of businesses

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Speaker 2: they've built.

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Speaker 4: See. I like the fact that she said, you know,

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Speaker 4: they weren't caddy to each other, the women, because we

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Speaker 4: did a panel the other day and that's one of

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Speaker 4: the things I brought up that working here, I feel

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Speaker 4: lucky because I feel like most of the women that

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Speaker 4: I've encountered here, we support each other, we pick each

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Speaker 4: other up, we're not jealous, we love when the other

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Speaker 4: one succeeds.

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Speaker 2: And also, women are more empathetic. I don't want to

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Speaker 2: say that, I guess I do want to say that

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Speaker 2: women are more empathetic. When a woman is supporting you

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Speaker 2: versus a man supporting you, you are feeling her energy

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Speaker 2: and her support of you psychically, which is a great

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Speaker 2: confidence builder. It gets you to go forward. Whereas men

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Speaker 2: will say, yeah, I get it, I get it. Would

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Speaker 2: you want different hours or whatever? That's different than empathy.

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Speaker 2: Empathy is a big driver of anybody, men, women, because

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Speaker 2: if they feel understood, people put out their best work.

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Speaker 3: Absolutely and by the way, if you miss it, it's

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Speaker 3: Barbara Corkran shark from Shark Tank, creator of the Corcoran group.

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Speaker 3: Of course, that's amazing and it seems like.

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Speaker 2: A million years ago.

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Speaker 4: Do you still have Barbara in your pocket?

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Speaker 3: Dot?

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Speaker 2: I certainly do. And it's my favorite business of all because,

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Speaker 2: you know why, I really get to help people one

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Speaker 2: on one. I get a group of like minded souls

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Speaker 2: who are all struggling with the same damn stuff when

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Speaker 2: you start a business, and what I'm able to do

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Speaker 2: is warn them of what it is and have a

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Speaker 2: strategy for dealing with everything that they encounter. You know,

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Speaker 2: people talk about them, mostly because of Shark Tank, that

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Speaker 2: it's easy to start a business if I have the

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Speaker 2: right idea. It's not really the truth. The hard part

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Speaker 2: is building the business, not coming up with the idea

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Speaker 2: and with barbering your pocket. What I do there is

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Speaker 2: I feel like I'm there to give people the answers

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Speaker 2: as they hit the walls. And hitting the walls can

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Speaker 2: knock a lot of people out of the business that

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Speaker 2: should really stay with it. But I feel like I

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Speaker 2: play a valuable role in the building the business. Kind

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Speaker 2: of like an extension of Shark Tank.

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Speaker 3: What are some of the common walls that people hit?

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Speaker 2: The worst walls is in year one. It's making yourself

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Speaker 2: feel as you deserve the success, you deserve to be rich,

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Speaker 2: you deserve to change your life, not even whether you're

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Speaker 2: judging yourself as in my cape, but do I deserve it?

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Speaker 2: It's a guilt thing that hits women more than men. Why,

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Speaker 2: I'll never know. That's always a year one getting people

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Speaker 2: over the obstacle of those lousy tapes in your head

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Speaker 2: that tell you maybe you shouldn't have tried so hard,

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Speaker 2: You shouldn't be in a circumstances, shouldn't have asked for this,

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Speaker 2: should have as you fail, versus taking the position that

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Speaker 2: I deserve this. I deserve this and I fail, So

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Speaker 2: who cares? I'm going to deserve it and try again,

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Speaker 2: you know. So that's number one. In the second year,

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Speaker 2: the thing that happens is you realize you have your

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Speaker 2: business is starting to move, but you don't have the

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Speaker 2: cash to support it. You can't go to investors to

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Speaker 2: get the cash. Women only get two percent of all

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Speaker 2: the cash out they men get ninety eight percent. Wow,

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Speaker 2: not fair. Back to women. Find a way to bootstrap

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Speaker 2: your business barring begging, stealing, stretching out your cash flow.

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Speaker 2: There's a million ways you get through year two and

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Speaker 2: in year three. The same old thing happens to everybody.

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Speaker 2: They hire the wrong person. They need help, and they

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Speaker 2: think if they hire an extension of themselves it's gonna work.

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Speaker 2: But what they really need to do is hire the

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Speaker 2: opposite of themselves to shore up the company on the

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Speaker 2: skills it doesn't have. So everybody's going to learn these

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Speaker 2: skills along the way. But what I like to do

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Speaker 2: on Barbara my podt is reassure people, Yeah, you're on

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Speaker 2: the right path. Yeah, that's exactly what you should do,

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Speaker 2: because I just need to hear from somebody, That's all

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Speaker 2: it is.

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Speaker 3: And do you tell them when they're not on the

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Speaker 3: right path if you see it?

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Speaker 2: Okay.

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Speaker 3: And by the way, Elvis Duran is sitting right here

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Speaker 3: right now, I want to say something.

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Speaker 5: Yeah, I don't want because I'm telling you everything that

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Speaker 5: has happened so far has been magic. I mean, I mean, Elvis,

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Speaker 5: I doubt that. Now. You guys are doing a great job.

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Speaker 5: But Barbara, you know, please, please please, you really are brilliant.

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Speaker 2: I mean, not brilliant, just hard working, my dear.

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Speaker 5: And even though this is you know, International Women's Day,

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Speaker 5: we're celebrating, guys, listening right now, we're gaining it as well.

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Speaker 1: Right now, this is this is perfect.

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Speaker 3: I love that I have been lodging complaints about International

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Speaker 3: Women's Day. Why is that because let me tell you

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Speaker 3: what these guys do. They're like, oh, we want to

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Speaker 3: honor you by making you work more. Oh my god,

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Speaker 3: mega to sit back and take the day off and

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Speaker 3: just enjoy it. And I see what they did there,

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Speaker 3: it's kind of genius.

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Speaker 2: But how are the kids at home? Darling?

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Speaker 6: I don't have anything I know, but the other job

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Speaker 6: that you have that gets no respect, the idea of

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Speaker 6: running a household, raising children, making a husband happy, trying

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Speaker 6: to make ends meet, especially if you have very little

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Speaker 6: means to make things meet.

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Speaker 2: Come on, I mean, women are doing two jobs, no

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Speaker 2: matter what you say. And yet despite that, they've doubled

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Speaker 2: the number of business.

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Speaker 4: How much do you think how much do you think

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Speaker 4: if if a mom was to get paid for what

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Speaker 4: she does at home, running the household, taking care of

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Speaker 4: the kids, doing all that, what do you think that

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Speaker 4: is worth?

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Speaker 2: In New York City it's worth a hundred thousand dollars.

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Speaker 2: In the suburbs it's worth sixty thousand dollars. That's so

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Speaker 2: I get paid anything known what's for dinner? Honey? I

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Speaker 2: came home the other night work in a twelve hour

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Speaker 2: day and walked in the door at eight o'clock at night.

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Speaker 2: And who did I hear? My husband? What's for dinner?

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Speaker 3: Did you say reservations?

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Speaker 2: I almost jumped on them and killed them.

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Speaker 3: So I have a question then, and this is for

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Speaker 3: the guys, but I would like to hear Barbara's answer.

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Speaker 3: What is the best way your partner can support you?

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Speaker 3: If you are venturing into a business and you need something.

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Speaker 2: Belief, belief that you can do it, constantly reassuring you

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Speaker 2: you could do it, because there's so much doubt in

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Speaker 2: the early days. You just need to have somebody in

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Speaker 2: your corner. You don't need a lot of people to

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Speaker 2: believe in you in life, but you need one person

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Speaker 2: if the husband can't give it to you. How about

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Speaker 2: your mom, how about your sister? But you do need

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Speaker 2: one person believing you without asking questions in your corner.

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Speaker 2: I had that person, which was my mother. Even though

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Speaker 2: I was a stupid student, she constantly told me I

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Speaker 2: was a genius and I had a great imagination. Without

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Speaker 2: her in my corner, I could have never succeeded.

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Speaker 4: We need a lot when somebody starts a business right

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Speaker 4: and say it's not going as well as they wanted to.

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Speaker 4: Because we all know year one, you don't like make

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Speaker 4: a lot of money, you probably lose money. How long

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Speaker 4: should they give it before they like throwing the towel.

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Speaker 2: Until they get up in the morning and say, I

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Speaker 2: don't feel like going and I've lost my energy. You're

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Speaker 2: never going to succeed. I think you have to. As

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Speaker 2: long as your energy is up, you've got to go

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Speaker 2: in to that business that keep growing it. And most

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Speaker 2: people will regurgitate their energy all the time just to

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Speaker 2: take care of the business. And women, interestingly enough, see

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Speaker 2: those businesses as their babies, as they would kill for

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Speaker 2: their babies. Men will let go sooner to a business

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Speaker 2: for a business that's not doing well as a woman will.

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Speaker 2: It's a fault line too, because very often they hold

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Speaker 2: on too long. But boy, they loyal to the business.

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Speaker 3: So let's talk about this next season of Shark Tank.

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Speaker 3: There's gonna be some changes. There are going to be

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Speaker 3: some changes, A.

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Speaker 2: Big change with losing Mark Cuban. But he's with us

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Speaker 2: for another year. Okay. A lot of people think he's

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Speaker 2: leaving right away, he's with us for another year.

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Speaker 3: So what are what are some of the changes that

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Speaker 3: we're going to see on the well, we're going.

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Speaker 2: To see a rotation of many more guest sharks. What

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Speaker 2: they're really doing with the guest sharks? I'm sure the

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Speaker 2: guest sharks know it too. Is they're interviewing for Mark Sea?

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Speaker 2: Oh really, that's a big seat to fill. I think

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Speaker 2: we came up with five potential names that might replace them. Wow, wait,

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Speaker 2: don't tell Mark, I'll think his body's not even warm

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Speaker 2: and looking to replace him right now?

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Speaker 4: Is there anyone else you'd like to get rid of

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Speaker 4: on Shark Tank? If you have a choice, any of

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Speaker 4: the sharks you'd like to say? You know, we don't

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Speaker 4: need anything.

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Speaker 2: Come on, I'm not answering that question is an answer.

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Speaker 2: Let us guess. Let us guess.

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Speaker 3: You'll have to tune in for the season to see

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Speaker 3: how you guys interact, and then we'll.

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Speaker 2: All make out. Oh no, I'm always polite and lovely

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Speaker 2: to everybody. You won't be able to read.

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Speaker 3: Me, Elvis, do you have some things you would like

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Speaker 3: to add?

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Speaker 2: No, he doesn't.

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Speaker 3: I see his hands and I see his thumbs.

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Speaker 2: Twitching, and I know what that means I'm a total fan.

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Speaker 5: I wish I was in the car in traffic listening

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Speaker 5: to this, so I'd be stuck there. So okay, here

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Speaker 5: the whole thing. So this is this is great, This

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Speaker 5: is the three of you together are really really really well.

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Speaker 2: This is your last day, Elvis.

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Speaker 3: We forgot to tell you.

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Speaker 1: Oh God, I wish it was yesterday.

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Speaker 2: Why so much as you'd like your job? Bye bye.

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Speaker 3: All right, So as we wrap up with Barbara Corkoran,

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Speaker 3: our favorite shark from Shark Tank on International Women's Day,

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Speaker 3: is there any general piece of advice that you would

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Speaker 3: like to leave for our ladies before we get out

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Speaker 3: of here.

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Speaker 2: Yeah. By real estate, I can't not I can't ignore

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Speaker 2: my territory. By real estate, beg, borrow, steel, do what

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Speaker 2: you have to, but get control of your life. With

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Speaker 2: real estates. It becomes an instant cash machine that you actually,

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Speaker 2: over time, have a place in this world and can

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Speaker 2: retire with. I mean, just by real estate. I always

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Speaker 2: say that.

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Speaker 3: So you're saying, by now, despite interest rates, despite what

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Speaker 3: people are saying about the market, do it, don't.

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Speaker 2: Waste because you know interest rates are going to come

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Speaker 2: down probably another point by the end of the year.

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Speaker 2: You could always refinance it.

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Speaker 3: Thanks Barbara.

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Speaker 2: We need a Barbara in our pocket.

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Speaker 4: Oh, that's Barbara in your pocket.

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Speaker 2: Dot com.

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Speaker 3: That's good at Elvis anything.

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Speaker 1: No, that was perfect, Okay, I love I'm a fan.

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Speaker 1: I'm a fan of this interview.

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Speaker 2: I've been counting your words to Elvis. You've actually said

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Speaker 2: only thirty seven words.

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Speaker 1: But they're worth more than the hundreds of words I usually.

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Speaker 1: There's that