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cover of episode Trust, Succession, and Finding Happiness After Selling a Business

Trust, Succession, and Finding Happiness After Selling a Business

2024/3/30
logo of podcast Earn Your Leisure

Earn Your Leisure

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Join us as Barbara Corcoran, real estate mogul and Shark Tank investor, shares her insights on protecting wealth, succession planning, and finding personal satisfaction beyond financial success in this episode of EYL Medium. From overcoming the challenge of trusting wealth management advisors to discussing her surprising attitude towards making money, Barbara offers a candid and refreshing perspective on navigating the complexities of wealth and business.

In this thought-provoking conversation with host Rashad Bilal and Troy Millings, Barbara delves into the delicate balance between trusting the right people and maintaining control over her wealth. She shares her personal experience of delegating trust in areas she may not fully understand, highlighting the importance of gut instincts and building strong relationships with advisors.

The conversation takes an unexpected turn as Barbara discusses her approach to succession planning and the decision not to push her son into the real estate business, despite his natural aptitude for it. She candidly reflects on her own post-sale happiness and the process of reinventing herself after parting with her company, shedding light on the lesser-known emotional journey of selling a successful business.

Barbara’s unique perspective on wealth, happiness, and the power of nurturing talent offers a wealth of wisdom to aspiring entrepreneurs, seasoned business owners, and anyone seeking fulfillment beyond financial gains. As a seasoned entrepreneur and mentor, Barbara's insights are not only invaluable but also deeply personal, providing an engaging and relatable narrative that transcends the traditional confines of wealth management and succession planning.

Join us for a riveting discussion with one of the business world's most influential figures, as we peel back the layers of what it truly means to navigate the waters of wealth, success, and personal happiness.

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