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Today, Corcoran is a motivational and inspirational speaker, aninvestorand a Shark on Shark Tank.
With her deep finance background and experience, Corcoran detailed why you should think twice aboutinvesting with friends.
She highlighted the value of a friendship that could be lost if a business deal goes wrong.
You like each other too much, Corcoran said.
Theres too much to lose.
Think about it that way.
But to catch Corcorans attention, entrepreneurs need more than a solid business plan and sales.
Even more important is the fact that Corcoran isnt only evaluating your business.
Instead of focusing just on the businesses, shes learned to focus on the entrepreneurs.
Youll lose all your money on good businesses and make all your money on good entrepreneurs, she said.
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