In short
Podcast Summary: The Daily Motivation - Episode 346: A Shark Tank Masterclass on Starting a Successful Business
Podcast Overview Title: The Daily Motivation Host: Lewis Howes Description: The Daily Motivation explores the stories we tell ourselves and their impact on our lives. It provides motivational insights and principles from leading experts to help listeners stay motivated.
Episode Details Episode Title: A Shark Tank Masterclass on Starting a Successful Business Guest: Barbara Corcoran Episode Focus: The importance of resilience, persistence, and embracing rejection as part of the journey to success.
Key Themes and Insights
The Power of Persistence and Resilience
- Barbara Corcoran's Journey: She shares her personal experiences of facing failures and setbacks, emphasizing that these moments can be transformative.
- Embracing Rejection: Corcoran encourages listeners to see rejection not as a failure but as a necessary step towards success.
Overcoming Fear and Regret
- Fear of Regret: Corcoran discusses how the fear of not trying something often motivates her more than the fear of failure itself.
- Examples from Personal Life:
- Her experience on *Dancing with the Stars*, where despite being the first eliminated, she gained confidence and respect from peers for her courage to participate.
Confidence Through Experience
- Learning from Failures: Corcoran asserts that each failure contributes to building confidence and strength over time.
- Social Perception: Publicly attempting challenges, even if they result in embarrassment, can enhance how others perceive you and increase your own self-esteem.
Key Takeaways
- Rejection as a Stepping Stone: Understanding that every rejection can open new doors is vital for long-term success.
- Regret Minimization: Taking risks is crucial; avoiding trying something out of fear can lead to a lifetime of regret.
- Confidence Building: Engaging in challenging activities, even if they lead to public failures, can significantly boost self-worth and public perception.
Conclusion Barbara Corcoran's insights in this episode of *The Daily Motivation* underscore the importance of embracing challenges and the positive impacts of resilience and persistence in achieving success. The narrative encourages listeners to take chances and recognize that both successes and failures contribute to personal growth and confidence.
Additional Resources
- Tickets to The Summit of Greatness: Join the community for a transformative experience. More information available at [summitofgreatness.com](https://www.summitofgreatness.com/)
- Newsletter Subscription: Stay updated with motivational content by signing up at [greatness.com/newsletter](http://www.greatness.com/newsletter).
Listen to the Full Episode For a deeper dive into Barbara Corcoran's experiences and insights, listen to the full episode [here](https://lewishowes.com/podcast/barbara-corcoran-success-in-business-and-life/).
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Hi, my name is Lewis Howes and welcome to The Daily Motivation Show.
0:10Calling all conscious achievers who are seeking more community and connection, I've got an invitation for you. Join me at this year's Summit of Greatness this September 7th through 9th in my hometown of Columbus, Ohio to unleash your true greatness. This is the one time a year that I gather the greatness community together in person for a powerful, transformative weekend. People come from all over the world and you can expect to hear from inspiring speakers like Inky Johnson, Jospree Singh, Vanessa Van Edwards, Jen Sincero, and many more. You'll also be able to dance your heart out to live music, get your body moving with group workouts, and connect with others at our evening socials.
0:53So if you're ready to learn, heal, and grow alongside other incredible individuals in the greatness community, then you can learn more at lewishouse.com slash summit 2023. Make sure to grab your ticket, invite your friends, and I'll see you there.
1:16You mentioned that your previous boyfriend, a boyfriend back in the day, married a secretary, and it was the greatest gifts that you had because you got out of a relationship that wasn't going to work or you met your partner is there really like a challenge or a mistake you made in business or life besides that um i don't think i'm the type of person that is brave enough to admit i've made a mistake honestly because i think things have not worked out along the way where things just didn't work out as i had hoped or dreamed them to be and but i don't see them as a mistake because as quick as you're thinking oh poor me, you start to see the light of the door that is opening that couldn't have opened without it.
1:56Okay. So I don't have like a regret that this was a big mistake or that was a big mistake. But I have to also say, I have my whole life been very cognizant of doing anything and exposing myself to anything, even when I didn't want to do it, because I'm deathly afraid of feeling like I would regret. Like what if I don't do it? That's more of a motivation for me than doing. Like, for example, with Dancing with the Stars, I did not want to do it. I'm an old babe. The last thing I want to do is practice four hours a day. You were great. You think I was so great? Not the judges. They didn't think so.
2:31I was the number one person on Dancing with the Stars last season. Number one rejected. Now, there's a record. So you might say that was a mistake with all the work that that led up to, and it was a social embarrassment. I thought I'd be rejected maybe number three or five or six, but number one, I never saw it coming. But you know what? I'm so thankful I did it and the minute I recovered by the next morning I'm like thank God I did it thank God it's over it's a lot of work because I didn't want to I said yes because I didn't want to wonder what it would have been like you know so what I learned from that is that I can't dance well but inside my body I feel like I'm a good dancer and I'll get out on any dance floor and do my own makeup steps and people really smile as I'm dancing because I don't really give a crap I learned the same lesson I learned again and again which is thank God I did it thank God and and the the injury of all God you did so poorly dissipates quickly but there's an echo to not trying something that's gonna sting you I think not that I know that because I really don't do that but I'm afraid of it it's like it's like fear of a nightmare that might happen I don't know why because I don't really have that in my life but I'm fearful of it you know what regret does I think and and why I've been able to build up my personality and whatever I can get out of and give to life as best I could what regret does is it quietly takes down your confidence a notch because in short you're a coward you shied away even if the right decisions to shy away once you shy away you quietly without even consciously think a little less of yourself now I say that from experience because I've watched many people get stronger or people where life makes them weaker and there's a lot that goes into that but i really believe that that regret piece is not given um enough due you really have to try everything and try your best two out of three things i try don't work out you know but people just remember the success that's what i learned but i know what the failures are but still i got confidence out of failing each time a little notch up a little notch up so then you conduct yourself with more power in life because you feel better about yourself and ironically you have more to give you're a better package to get more because you've you've put a lot into that basket by just trying trying trying trying you know do you feel like you're more confident even though you're the first one out of Dancing with the Stars but you did it and you absolutely absolutely I'm more confident I got a lot of confidence out of that because every female friend and male friend I had that was even close to my age I want all their respect and they constantly say that was amazing That was amazing.
5:13So even my friends that kind of took me for granted think better of me. I went up a notch in their head. It takes a lot of courage to publicly fail. But I happen to be very good at public failure. Really? Because I've done it my whole life. And that doesn't bother me. I think what I didn't want to happen was that I would look foolish or old dancing with a 24-year-old ripped stud on the floor until I realized it feels really good to lean in on that guy and let him spin you around that floor. and how many of my girlfriends are having to dance with anybody like that lately. There you go. That's a good way of looking at it.
5:46Yeah.
5:53Thank you so much for listening to today's episode of The Daily Motivation, and I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. That will take you to the full episode of our main podcast on the School of Greatness. And if you are loving the daily motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple Podcasts right now. And if you want more exclusive content and ad-free listening experience, make sure to subscribe to our Greatness Plus channel on Apple Podcasts right now. And if you want to get even more inspiration from our world-class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the Greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.
6:49Again, have an amazing day, and I'll see you tomorrow with another episode of the Daily Motivation Show.
7:05Thank you.
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Barbara Corcoran emphasizes the role of persistence and resilience in the face of failures and setbacks, citing her own journey as an example. She advises listeners to embrace rejection as a stepping stone to success and to leverage their strengths to stand out in a competitive market.
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