{"id":16801,"date":"2025-07-09T03:29:46","date_gmt":"2025-07-09T03:29:46","guid":{"rendered":"https:\/\/imsfund.com\/?p=16801"},"modified":"2025-07-09T03:29:46","modified_gmt":"2025-07-09T03:29:46","slug":"barbara-corcoran-retains-staff-with-wild-perks-no-turnover","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2025\/07\/09\/barbara-corcoran-retains-staff-with-wild-perks-no-turnover\/","title":{"rendered":"Barbara Corcoran Retains Staff With Wild Perks, No Turnover"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Barbara Corcoran, the <a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-ask-this-question-before-selling-your-home\/480752\" rel=\"\" target=\"_self\">76-year-old founder<\/a> of the real estate firm <a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-nar-ruling-not-a-big-deal-so-far\/480759\" rel=\"\" target=\"_self\">The Corcoran Group<\/a>, claims to have created a work environment where there was &#8220;no turnover.&#8221;<\/p>\n<p>In an <a href=\"https:\/\/www.instagram.com\/p\/DLzyRWuRGHJ\/\">Instagram post<\/a> shared with her 1.2 million followers on Monday, Corcoran outlined the &#8220;crazy things&#8221; she would do to keep her staff happy. For example, Corcoran would bus hundreds of agents to the country for midweek picnics, each with its own memorable feature, like a 60-foot-tall hot air balloon or a 5,000-pound elephant offering safari rides.<\/p>\n<p><b>Related: <\/b><a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-says-she-fired-her-mother-business-lessons\/480562\" rel=\"\" target=\"_self\">Barbara Corcoran Needed to Make Job Cuts. Here&#8217;s Why She Fired Her Mom First.<\/a><\/p>\n<p>She would also provide babysitters for employees who wanted to bring their kids to work and offered plenty of <a href=\"https:\/\/www.entrepreneur.com\/business-news\/what-tech-companies-have-the-best-perks-and-benefits\/436825\" rel=\"\" target=\"_self\">office perks<\/a>, like yoga classes, free lunches, and massages.<\/p>\n<p><a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-entrepreneurs-must-embrace-change\/484118\" rel=\"\" target=\"_self\">Corcoran<\/a> recognized top performers by giving gold ribbons to anyone who closed a million-dollar sale, and gave one of her top brokers a Bentley with the license plate &#8220;SOLD1&#8221; to highlight her stellar performance in front of the whole company.<\/p>\n<p>She additionally claims to have thrown &#8220;the wildest parties in town&#8221; for her employees, complete with their own &#8220;wacky&#8221; themes \u2014 and dressing up was mandatory.<\/p>\n<p>The end result of these initiatives? People were &#8220;lining up&#8221; for jobs at The Corcoran Group, and <a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcorans-beloved-nyc-penthouse-is-for-sale\/491208\" rel=\"\" target=\"_self\">Corcoran<\/a> didn&#8217;t have to advertise new job openings. There was also zero turnover; employees chose to stay.<\/p>\n<p><b>Related: <\/b><a href=\"https:\/\/www.entrepreneur.com\/business-news\/why-barbara-corcoran-chooses-to-fly-coach-not-first-class\/484436\" rel=\"\" target=\"_self\">&#8216;Do You Know What a First Class Ticket Costs?&#8217; Why Barbara Corcoran Flies Coach<\/a><\/p>\n<p>&#8220;People are most creative when they&#8217;re having fun, and we had more of that than anyone else,&#8221; Corcoran wrote in the post. &#8220;I stopped advertising to hire because people were lining up to work at The Corcoran Group! Fun builds loyalty, and we had no turnover.&#8221;<\/p>\n<p>Corcoran founded The Corcoran Group in 1973 with just $1,000 and seven agents. By the time she sold the brokerage firm for close to <a href=\"https:\/\/www.nytimes.com\/2001\/09\/25\/nyregion\/corcoran-sells-realty-firm-she-founded.html\">$70 million<\/a> in 2001, the team had grown to encompass 700 employees.<\/p>\n<blockquote class=\"instagram-media\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/DLzyRWuRGHJ\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\"\/>\n<p>Corcoran also noted in <a href=\"https:\/\/www.instagram.com\/p\/DG6I0UKxY54\/?hl=en\">an Instagram video<\/a> in March that she is &#8220;<a href=\"https:\/\/www.entrepreneur.com\/business-news\/how-to-be-the-best-boss-according-to-shark-barbara-corcoran\/488269\" rel=\"\" target=\"_self\">the best boss<\/a>&#8221; she has ever met because she follows a simple principle: She works for whoever works for her. In other words, she works for her employees, and her perspective is always tied to what she can do for them.<\/p>\n<p>&#8220;I shower my people with anything they need selflessly,&#8221; Corcoran said in the video, adding later that, &#8220;I don&#8217;t think anyone could be a better boss than me.&#8221;<\/p>\n<p>Corcoran is now an original cast member of &#8220;Shark Tank.&#8221; She has appeared on the show for <a href=\"https:\/\/www.instagram.com\/barbaracorcoran\/p\/DA3uoePRqjA\/\">16 seasons<\/a> and made more than <a href=\"https:\/\/www.cnbc.com\/2023\/07\/03\/barbara-corcoran-on-the-shark-tank-deal-that-made-her-468-million.html#:~:text=%22No%2C%20it's%20not.,that%20she%20has%20no%20regrets.\">650 deals<\/a>. She makes about <a href=\"https:\/\/www.reddit.com\/r\/sharktank\/comments\/17eljl3\/barbara_on_salary_transparent\/\">$4.5 million<\/a> a year from her investments, including profits from deals from the show.<\/p>\n<\/div>\n<div>\n<div class=\"first-letter:float-left first-letter:text-8xl first-letter:pr-1 first-letter:-mt-1 first-letter:font-black first-letter:text-gray-500 prose prose-blue max-w-3xl text-lg leading-relaxed mb-12\">\n<p>Barbara Corcoran, the <a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-ask-this-question-before-selling-your-home\/480752\" rel=\"\" target=\"_self\">76-year-old founder<\/a> of the real estate firm <a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-nar-ruling-not-a-big-deal-so-far\/480759\" rel=\"\" target=\"_self\">The Corcoran Group<\/a>, claims to have created a work environment where there was &#8220;no turnover.&#8221;<\/p>\n<p>In an <a href=\"https:\/\/www.instagram.com\/p\/DLzyRWuRGHJ\/\">Instagram post<\/a> shared with her 1.2 million followers on Monday, Corcoran outlined the &#8220;crazy things&#8221; she would do to keep her staff happy. For example, Corcoran would bus hundreds of agents to the country for midweek picnics, each with its own memorable feature, like a 60-foot-tall hot air balloon or a 5,000-pound elephant offering safari rides.<\/p>\n<p><b>Related: <\/b><a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-says-she-fired-her-mother-business-lessons\/480562\" rel=\"\" target=\"_self\">Barbara Corcoran Needed to Make Job Cuts. Here&#8217;s Why She Fired Her Mom First.<\/a><\/p>\n<\/div>\n<div class=\"justify-center bg-gray-100 flex flex-col sm:flex-row rounded-lg p-6 align-middle sm:text-left text-center\">\n<div class=\"flex flex-col justify-center align-middle mr-0 sm:mr-16\">\n<p class=\"text-sm leading-5 my-0\">\n      The rest of this article is locked.\n    <\/p>\n<p class=\"text-xl text-black font-bold leading-5 my-1\">\n      Join Entrepreneur<span class=\"text-yellow-500\">+<\/span> today for access.\n    <\/p>\n<\/p><\/div>\n<\/div><\/div>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/business-news\/barbara-corcoran-retains-staff-with-wild-perks-no-turnover\/494382\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barbara Corcoran, the 76-year-old founder of the real estate firm The Corcoran Group, claims to have created a work environment where there was &#8220;no turnover.&#8221; In an Instagram post shared with her 1.2 million followers on Monday, Corcoran outlined the &#8220;crazy things&#8221; she would do to keep her staff happy. For example, Corcoran would bus [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":16802,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1752003513-Barbara-Corcoran-GettyImages-2207922626.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-16801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/16801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=16801"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/16801\/revisions"}],"predecessor-version":[{"id":16803,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/16801\/revisions\/16803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/16802"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=16801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=16801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=16801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}