Barbara Corcoran

Barbara Corcoran is one of the successful Entrepreneurs in the US. She started off her business in the real estate field and became a successful business leader. She is also famous in the television shows as a contributor from her field of business and as an investor (Under30CEO, 2016). In the 1970s, Barbara had to take a loan from a bank for her business needs.

Even after trying many times to obtain the bank loan consistently, she did not get it. Getting a bank loan was difficult for women. If any bank approves the loans, the amount received by a woman was much less compared to the male borrower (Jiang, 2014).

Barbara was a pronounced business leader then. Still she had to face the same difficulty in receiving a bank loan like any other female. Barbara never accepted this failure. She faced this challenge with confidence and turned the rejection to self-motivation (Zipkin, 2016). With her consistent trial, at last,, she got the loan for a small amount from one of the banks and could survive with the amount at the crucial period of her business life (Jiang, 2014).
She knew that when one begins any venture the negative responses can predominate the encouragement. But she realized and proved the fact that one can change a negative response like rejection to motivation with confidence and succeed in life (Entis,