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Invest Your Money
In 2001, Corcoran sold her real estate firm for $66 million.
Instead of investing her money, she left it in a checking account for four years.
However, Corcoran knows this isnt the case.
The next morning, she realized she could either feel sorry for herself or start practicing her public speaking.
There, she met Carrie Chiang, who would go on to become her top-selling employee.
Read Emails Carefully
In 2020, scammers emailed Corcorans bookkeeper pretending to be her assistant.
On the surface, the scam made sense, as this was a normal activity for her.
This was almost definitely a stressful experience, but thankfully she didnt end up losing the money.
When the economy is in a downturn, people tend to hold onto their cash but not Corcoran.
She believes this is the best time to make an investment.
Essentially, theres a lot less competition during times of economic turmoil, which can bring great opportunities.
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