Introduction

Barbara Corcoran, founder of real estate firm The Corcoran Group and star of ABC’s “Shark Tank,” believes in a different approach to achieving wealth. In contrast to many millionaire entrepreneurs, she doesn’t endorse working excessively hard.

Barbara Corcoran’s Story

Despite struggling with dyslexia and academic challenges, Corcoran persevered and carved her own path in real estate at the young age of 23. Ultimately, she sold her firm for an impressive $66 million.

A Balanced Approach

For Corcoran, success isn’t solely defined by work achievements. She emphasizes the importance of balancing work with other aspects of life, such as family, health, and personal time.

Contrasting Perspectives

While Corcoran prioritizes work-life balance, other high-profile entrepreneurs like Elon Musk and Grant Cardone advocate for working long hours to attain wealth. However, recent statements from Musk suggest he recognizes the value of slowing down.

Working excessively long hours can negatively impact health and productivity. To achieve success without sacrificing work-life balance, Corcoran offers the following strategies:

1. Focus on improving yourself daily
2. Find ways to outperform your competition

Implementing these strategies will help you work smarter instead of harder. By prioritizing tasks and taking necessary breaks, you can achieve sustainable success.

According to Corcoran, by following this approach, wealth will naturally come to you. “The money comes and finds them somehow,” she says.

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