Barbara Corcoran, the 76-year-old founding father of the true property agency The Corcoran Group, claims to have created a piece setting the place there was “no turnover.”
In an Instagram put up shared together with her 1.2 million followers on Monday, Corcoran outlined the “loopy issues” she would do to maintain her employees completely satisfied. For instance, Corcoran would bus a whole bunch of brokers to the nation for midweek picnics, every with its personal memorable characteristic, like a 60-foot-tall scorching air balloon or a 5,000-pound elephant providing safari rides.
Associated: Barbara Corcoran Wanted to Make Job Cuts. This is Why She Fired Her Mother First.
She would additionally present babysitters for workers who needed to convey their youngsters to work and provided loads of workplace perks, like yoga lessons, free lunches, and massages.
Corcoran acknowledged high performers by giving gold ribbons to anybody who closed a million-dollar sale, and gave considered one of her high brokers a Bentley with the license plate “SOLD1” to spotlight her stellar efficiency in entrance of the entire firm.
She moreover claims to have thrown “the wildest events on the town” for her workers, full with their very own “wacky” themes — and dressing up was necessary.
The tip results of these initiatives? Individuals had been “lining up” for jobs at The Corcoran Group, and Corcoran did not must promote new job openings. There was additionally zero turnover; workers selected to remain.
Associated: ‘Do You Know What a First Class Ticket Prices?’ Why Barbara Corcoran Flies Coach
“Individuals are most artistic after they’re having enjoyable, and we had extra of that than anybody else,” Corcoran wrote within the put up. “I finished promoting to rent as a result of individuals had been lining as much as work at The Corcoran Group! Enjoyable builds loyalty, and we had no turnover.”
Corcoran based The Corcoran Group in 1973 with simply $1,000 and 7 brokers. By the point she offered the brokerage agency for near $70 million in 2001, the staff had grown to embody 700 workers.
Corcoran additionally famous in an Instagram video in March that she is “the perfect boss” she has ever met as a result of she follows a easy precept: She works for whoever works for her. In different phrases, she works for her workers, and her perspective is all the time tied to what she will be able to do for them.
“I bathe my individuals with something they want selflessly,” Corcoran mentioned within the video, including later that, “I do not suppose anybody may very well be a greater boss than me.”
Corcoran is now an authentic solid member of “Shark Tank.” She has appeared on the present for 16 seasons and made greater than 650 offers. She makes about $4.5 million a yr from her investments, together with earnings from offers from the present.
Barbara Corcoran, the 76-year-old founding father of the true property agency The Corcoran Group, claims to have created a piece setting the place there was “no turnover.”
In an Instagram put up shared together with her 1.2 million followers on Monday, Corcoran outlined the “loopy issues” she would do to maintain her employees completely satisfied. For instance, Corcoran would bus a whole bunch of brokers to the nation for midweek picnics, every with its personal memorable characteristic, like a 60-foot-tall scorching air balloon or a 5,000-pound elephant providing safari rides.
Associated: Barbara Corcoran Wanted to Make Job Cuts. This is Why She Fired Her Mother First.
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