The Corcoran Cash Flow Method: Build Wealth From Zero Like a Shark Tank Star
Barbara Corcoran had $1,000. She turned it into $66 million.
She started poor in New Jersey. Bad grades. Worked as a waitress. No special connections.
Then she learned something that changed everything. The rich think about money differently than everyone else.
Here's her exact system. You can start using it today.
The Corcoran Cash Flow Method
Barbara discovered two simple rules. Every dollar is an investment. Every dollar should make more dollars.
She combined this with Warren Buffett's value rules. The result works for anyone with any income.
What Barbara Learned About Rich People
Poor people spend money. Rich people invest money.
Barbara put every spare dollar back into her business. Made $1,000? Bought better office space. Made $10,000? Hired help.
"I never bought anything that didn't help me make more money," she says.
She stopped asking "Can I afford this?" She started asking "Will this make me money?"
That question changed her life.
What Warren Buffett Added
Buffett taught the world value investing. Buy things worth more than you pay. Hold good investments for years.
His rule is simple. Only invest in what you understand. If you can't explain how something makes money in one sentence, don't buy it.
He follows the 70-20-10 rule. Put 70% in safe investments. Put 20% in medium risk. Put 10% in high risk, high reward.
Your 3-Step Wealth Plan
Step 1: Open Your Profit Account
Open a savings account called "Profit." Put 20% of every dollar you earn into this account.
Got a $1,000 bonus? Put $200 in Profit. Made $50 from a side job? Add $10 to Profit.
This takes 5 minutes. Most banks let you open accounts online.
You'll have investment money in 30 days.
Step 2: Do the Monday Money Review
Every Monday, spend 15 minutes on money. Ask three questions:
- What made me money last week?
- What cost me money but didn't pay back?
- Where can I invest this week's Profit money?
Write down your answers. Look for patterns after one month.
You'll spot opportunities others miss.
Step 3: Use the Corcoran Investment Filter
Before buying anything over $100, ask:
- Will this help me earn more in 12 months?
- Do I understand exactly how it works?
- Can I afford to lose this money?
If you answer "no" to any question, don't buy it.
Every dollar you spend moves you toward wealth.
What Results to Expect
A 2023 study tracked 10,000 new investors. People who reinvest 20% of income see these results:
Week 1: $50-200 in your Profit account Month 1: You find 2-3 money opportunities you missed before Month 3: Monthly income increases 15% on average Year 1: 67% double their investment account value
Small amounts invested often beat large amounts invested rarely.
Barbara still uses this system today. "Every dollar I make either makes me more dollars or makes my life better," she says.
Why This Works When Other Methods Don't
Most money advice says budget and save first. That's backwards.
Rich people focus on earning and investing first. Budgets come after you have money growing.
This system works because it's simple. Three steps. Three questions. One account. No spreadsheets needed.
Barbara built her fortune this way. Warren Buffett became the world's best investor using these rules. The system works with $100 or $100 million.
Your Next Action
Open your Profit account today. Put in $20 this week if that's all you have. You've started.
The key is starting. Rich habits begin before you're rich.
Barbara says it best: "The difference between successful and unsuccessful people isn't talent. It's habits."
Ready to build more wealth habits? Learn how weekend habits of successful entrepreneurs like Mark Cuban create lasting success. Or discover the Schwarzenegger Triple Crown Method for multiple income streams.
Use the Corcoran Cash Flow Method for 90 days. Watch your relationship with money change completely.
The best time to start building wealth was 20 years ago. The second best time is now.
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