Barbara Corcoran, entrepreneurs: worst financial mistakes they made - Business Insider

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Barbara Corcoran and 7 others entrepreneurs on the worst financial mistakes they made before they became successful (via CNBC)

to share the worst money mistakes they regret making when they were younger — and how it's changed their financial beliefs today."I believe money is meant to be spent, so I've never been good at saving. But I wish I hadn't spent The Corcoran Group's first big profit on a marketing campaign that flopped.

When I put all our real estate listings on videotapes with their respective agents, I didn't anticipate that none of my agents would want to hand out tapes with competitor agents on them. I was so sure of the idea that I didn't stop to think of the consequences before spending $71,000. Luckily, I saved face by uploading the videos onto the Internet. All of my best successes happen on the heels of failure."

 

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