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☆ Barbara Corcoran says 'forget about Florida' and look elsewhere in the U.S. to buy a home
▼ + stars: | 2024-02-12 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

While previous generations looked forward to moving and retiring to Florida, the younger population is setting their sights on other places. Gen Zers and millennials are relocating to different cities and states across the U.S. and it's a decision that real estate mogul Barbara Corcoran supports. In a 2023 "Elvis Duran Show" interview, Corcoran was asked if she thought Florida was still a good place to move and buy a house. But not Florida, forget about Florida," she added. The Southern state has become a growing base for different industries, including tech and aerospace.

Persons: Gen Zers, Barbara Corcoran, Elvis Duran, Corcoran, There's Organizations: Sunshine State, Fortune Locations: Florida, Texas, Southern

☆ The most expensive home for sale in the U.S. goes up for $295 million in Naples, Florida
▼ + stars: | 2024-02-10 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it's called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal. The mega-listing includes a main house that spans about 11,500 square feet, with six bedrooms. Two guest houses, each over 5,000 square feet, bring the estate's total interior living space to 22,800 square feet. The residence sits high atop 217 West 57th Street, overlooking Central Park, spanning three floors and over 17,500 square feet.

Persons: Gordon Pointe, Leighton Candler, Corcoran, Candler, Gordon, John, Rhodora Donahue, John Donahue, Hermes, Dawn McKenna, McKenna, she's, It's, Cody Boone, Ryan Serhant, Serhant, naysayers, Donna Olshan, Karen Winnick, Gary Winnick, Kurt Rappaport, that's, Jonathan Miller, Miller Samuel, Jeff Bezos, Clodagh Kilcoyne, Ken Griffin, Larry Ellison, Marc Andreessen, Jim Bartsch, Jerry Perenchio, Miller, Lachlan Murdoch, Rupert Murdoch Organizations: Royal, CNBC, U.S . Army Corps of Engineers, Dawn McKenna Group, Coldwell, Coldwell Banker Realty, St, SERHANT Studios, Encantada, U.S, Washington , D.C, Reuters, Amazon, Oracle, Bel Air, Fox Corp Locations: Gordon Pointe, U.S, Naples , Florida, Gulf, New York, of Mexico, Pittsburgh, Port Royal, America, New York City, Central, Manhattan, Los Angeles, Bel, Washington ,

ST. PAUL, Minn. (AP) — The Minnesota Legislature kicked off debate Thursday on whether the state should join the list of those that allow physician-assisted suicide. Ten states and the District of Columbia already allow some form of physician-assisted suicide, while proponents are planning fresh pushes to pass it this year in several other states. Patients would have to have the mental capacity to make their own health care decisions and provide informed consent, so those with dementia would not qualify. “Suicide is not health care. Current law already gives people the right to make legally binding end-of-care health care directives, the right to hospice and palliative care, and the right to refuse care, she said.

Persons: Mike Freiberg, Nancy Unde, Corcoran, ” Unde, I’m, Freiberg, John Hoffman, Champlin, “, ”, Chris Massoglia, Blaine, ” Nancy Utoft, Utoft, Maysoon Khan Organizations: PAUL, The Minnesota Legislature, Democratic, District of Columbia, Supporters, Senate, Americans United, Life, Minnesota Alliance, Ethical Healthcare, Associated Press Locations: The, Golden Valley, Oregon, Washington, Minnesota, . Oregon, Vermont, New York, Connecticut, Albany , New York

☆ There are 3 bullish signals flashing that point a recovery in the housing market, Compass CEO says
▼ + stars: | 2024-01-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The housing market is flashing signs of life, Compass CEO Robert Reffkin said. AdvertisementThe housing market is flashing a handful of bullish signals for the year ahead, according to Compass CEO Robert Reffkin. The founder of one of the nation's top real estate brokerages said he believed the housing market will be on the path to recovery in 2024. But more owners appear to be moving out of necessity or have warmed up to the idea of selling as mortgage rates head lower. At this rate, buyers are outpacing sellers in the market, Reffkin said, noting that Compass's real estate agents are seeing more business in the new year.

Persons: Robert Reffkin, Reffkin, —, brokerages, Freddie Mac, Sam Lafoca, LM Otero, Sellers, Phil Noble, I've, Barbara Corcoran Organizations: Service, National Association of Realtors, CNBC, Community, Getty, Associated, REUTERS, Mortgage, Association, New Locations: lancaster California, USA, Dallas, Kirkham, England

☆ Elon Musk took his kid along to Auschwitz, ignoring guidance to leave young children at home
▼ + stars: | 2024-01-22 | by ( Kieran Corcoran | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk visited Auschwitz on Monday — and he brought his kid with him. It's unclear exactly what Musk and X did at the site beyond what we see in the photos. A BBC article said Musk undertook a "private visit" where he laid a wreath and took part in a memorial service. AdvertisementMusk is engaged in a long-running dispute over the custody of X with the boy's mother, Grimes.

Persons: —, Elon Musk, Ben Shapiro, Arbeit macht frei, Musk, Grimes Organizations: Service, European Jewish Association, Business, BBC, Twitter Locations: Auschwitz, Poland, French

☆ 15-year-old lands $100,000 'Shark Tank' offer for idea he had at age 8: 'You're a great example for kids'
▼ + stars: | 2024-01-22 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

You don't have to be a high school graduate — or an adult — to win over investors on ABC's "Shark Tank." "You're a great example for kids out there who want to be entrepreneurs," Mark Cuban added. "They're going to help us [with] prototypes, manufacturing, distribution ... They're going to get us in stores like Target, Walmart, Kroger and Costco." There's no way they're not going to buy you out."

Persons: Nathaniel Wellen, Wellen, Lori Greiner, Mark Cuban, Nathaniel —, Greiner, Barbara Corcoran, Kevin O'Leary, O'Leary, " O'Leary, Robert Herjavec, Herjavec, You've, Robert Organizations: Target, Walmart, Kroger, Costco, CNBC Locations: Los Angeles

☆ Barbara Corcoran says all great entrepreneurs have imposter syndrome, and its key to success
▼ + stars: | 2024-01-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Read preview"Shark Tank" investor Barbara Corcoran said there are benefits to feeling a little insecure at work. "I'll let you in on a little secret: all great entrepreneurs have imposter syndrome," Corcoran wrote in the caption below one of her recent TikTok videos . "That nagging voice that pops in your head telling you you're not good enough … that you don't deserve to be where you are. The businesswoman founded the real estate brokerage The Corcoran Group in 1973 and sold it to NRT for $66 million in 2001. There is some evidence to suggest that some workers with imposter syndrome can have better interpersonal skills because they are more focused on others.

Persons: —, Barbara Corcoran, Corcoran, I've, Pryor Organizations: Service, Business, Group, Buisness

☆ Barbara Corcoran: If you feel like a fraud at work, 'good for you'—why it 'guarantees' success
▼ + stars: | 2024-01-14 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Having imposter syndrome isn't fun — but it can be the key to unlocking your potential, according to Barbara Corcoran. In a recent TikTok video, the 74-year-old real estate millionaire said professionals should be grateful to have such self-doubt. "If you're struggling with imposter syndrome, good for you," she said. When you make it a habit to try harder than your peers, you'll inadvertently build self-assurance, Corcoran said. Corcoran, a co-star on ABC's "Shark Tank," even looks for imposter syndrome among the show's contestants — so she can prioritize investing in their companies.

Persons: Barbara Corcoran, you'll, Corcoran, I've Organizations: General Internal Medicine

☆ Barbara Corcoran swears by this 2-step strategy for organizing and achieving goals: It's 'essential'
▼ + stars: | 2024-01-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

That may seem counterintuitive, given the plethora of online scheduling websites and mobile apps available today. I, myself, prefer to write a calendar," she recently said in a free, live Q&A with her Patreon community. What's going to come first?" The next step, which Corcoran called her "secret," is figuring out which goals you want to assign to which days, and group related tasks together. "Declare a specific day for getting done" what you need to accomplish on a specific project, she said.

Persons: Barbara Corcoran's, Gail Matthews, Corcoran, she's Organizations: Dominican University

We need to implement food systems approaches throughout COP28," said Joao Campari, global leader of food practice at the World Wildlife Fund. Doing so could also unlock financial investment in tackling food emissions, said Saswati Bora, global director for regenerative food systems at the Nature Conservancy. TACKLING METHANEA key goal for advocates is reducing methane emissions from food sectors like livestock production and food waste. Countries should also make stronger commitments in NDCs on food waste, said Liz Goodwin, director of food loss and waste at the World Resources Institute. Food waste generates half of all global food system emissions according to a March study published in the journal Nature Food.

Persons: David Swanson, Joao Campari, NDCs, Patty Fong, Saswati Bora, Bora, John Tauzel, Tauzel, Liz Goodwin, Goodwin, Leah Douglas, Josie Kao Organizations: REUTERS, United Nations, Food, Agriculture Organization, FAO, World Wildlife Fund, Conference of, United, United Arab Emirates, Global Alliance, Nature Conservancy, COP26, Environmental Defense Fund, World Resources Institute, Thomson Locations: Corcoran , California, U.S, Dubai, COP28, United Arab, United States, India, China, Canada, NDCs

☆ Trump's attorney said she warned him he would be committing a crime if he didn't comply with subpoena in classified docs case: report
▼ + stars: | 2023-11-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

A lawyer told prosecutors Trump was aware he legally had to comply with a subpoena, ABC reported. Special Counsel Jack Smith has accused Trump of knowingly hiding classified documents from the FBI. In January 2022, he finally returned 15 boxes of records which included nearly 200 classified documents, prompting a federal probe into his handling of sensitive records. AdvertisementCorcoran later handed over 38 classified documents found in his basement search to the FBI along with a certification that Trump and his team had complied with the subpoena. Three months later, however, FBI agents searched Mar-a-Lago and uncovered 102 additional documents marked classified.

Persons: Trump, Jack Smith, —, Donald Trump, Jack Smith's, Jennifer Little, Smith's, Evan Corcoran, Little, Smith, Corcoran, Walt Nauta, Carlos De Oliveira Organizations: ABC, FBI, Service, Justice Department, Trump, ABC News, Mar, National Archives, Department Locations: Fulton County , Georgia, Lago, Florida

☆ Why Mark Cuban is leaving 'Shark Tank'—and 3 of his biggest moments on the show
▼ + stars: | 2023-11-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +6 min

It's official: Mark Cuban says he's leaving ABC's "Shark Tank" after more than a decade on the show. His 12 years — and counting — on "Shark Tank" have produced memorable moments, ranging from laugh-inducing to heartstring-pulling. Here are three of the most notable ones:The largest offer in 'Shark Tank' historyDuring Season 6, Cuban made the biggest offer in "Shark Tank" history to Arum, Soo and Dawoon Kang, the sisters behind dating app Coffee Meets Bagel. "How many people can say they baited a Shark ... even better, the biggest Shark, and [still] came away with a deal?" Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

Persons: Mark Cuban, He's, he's, Dawoon Kang, Kang, Bagel, Cuban, Justin Crowe, Crowe, Lori Greiner, Kevin O'Leary, O'Leary, Donovan, Trey Brown, Barbara Corcoran, Warren Buffett Organizations: Hollywood, NBA's Dallas Mavericks, CNBC, Cuban, Sharks, Golden State Warriors, Mavericks Locations: Cuban, Los Angeles

☆ How did Henry Kissinger live to 100? He had no idea.
▼ + stars: | 2023-11-30 | by ( Kieran Corcoran | Rachel Hosie | ) www.businessinsider.com time to read: +4 min

Henry Kissinger has died at the age of 100, but he had no idea how he lived so long. AdvertisementHenry Kissinger, the legendary statesman who helped shape modern geopolitics, is dead at 100. I didn't aim for it," Kissinger told Döpfner. But it gets worse — according to his family, Kissinger did many things that doctors will tell you not to. His son, David Kissinger, wrote about his father's lifestyle and longevity for The Washington Post earlier this year.

Persons: Henry Kissinger, —, Axel Springer, Mathias Döpfner, Kissinger, Döpfner, David Kissinger, Wiener, Eric Schmidt, Schmidt, Hilary Brueck, Dr, Angel Iscovich, centenarians, Dawn Skelton, Thomas Perls, it's Organizations: Service, Washington Post, Washington DC, Google, University of Glasgow, Glasgow Caledonian University, BU's Locations: China, Washington, UK, Scotland, England

At Mar-a-Lago, Mr. Trump’s private club and residence in Florida, she and another lawyer, M. Evan Corcoran, advised the former president that he needed to obey the government’s demands that he return the classified material. The indictment filed by Mr. Smith in June accuses Mr. Trump of illegally holding on to 32 classified national security documents and then conspiring to cover up his actions with two of his aides at Mar-a-Lago. The case is set to go to trial in Federal District Court in Fort Pierce, Fla., at the end of May. It was unclear what else Ms. Little testified to in her grand jury appearance. On Wednesday night, Steven Cheung, a Trump campaign spokesman, denounced “misleading leaks” about the case that showed “utter disregard” for attorney-client privilege.

Persons: Trump, Ms, Little, Evan Corcoran, Smith, Corcoran, Smith’s, Steven Cheung Organizations: ABC News, Mr, Mar, Federal, Court Locations: Georgia, Florida, Fort Pierce, Fla

☆ Mark Cuban says he's planning to leave 'Shark Tank' to spend more time with his kids
▼ + stars: | 2023-11-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Mark Cuban says he's leaving "Shark Tank" after more than a decade on the show. As of 2022, Cuban says he invested $29 million in "Shark Tank" businesses, Forbes reports. AdvertisementABC's "Shark Tank" will soon be down a billionaire if Mark Cuban makes good on his plan to leave the show. ABC declined to comment on whether "Shark Tank" will continue if Cuban leaves after season 16. AdvertisementIn 2022, Cuban told Forbes that he'd invested $29 million in at least 85 companies at that point in his time as a "Shark Tank" judge.

Persons: Mark Cuban, —, Cuban, Matt Barnes, Stephen Jackson, Barbara Corcoran, Lori Greiner, Daymond John, Kevin O'Leary, Robert Herjavec, Forbes, he'd Organizations: Forbes, Service, NBA, Hollywood, ABC, Cuban Locations: Cuban

☆ Trump to test the limits of the First Amendment at high-stakes hearing over constitutionality of gag order
▼ + stars: | 2023-11-19 | by ( Devan Cole | ) edition.cnn.com time to read: +8 min

The gag order from District Judge Tanya Chutkan restricts Trump’s ability to publicly target court personnel, potential witnesses, special counsel Jack Smith and his staff. The appeals court has temporarily frozen the gag order as Trump continues to contest it. “The Gag Order violates President Trump’s most fundamental First Amendment rights. The former president was recently under a gag order in the $250 million New York state civil fraud case. “The entire Gag Order rests on an unconstitutional ‘heckler’s veto’ theory, so it is overbroad in its entirety.”Trump’s arguments were not persuasive when he tried to have Chutkan pause the gag order while his appeal unfolded.

Persons: Donald Trump, Tanya Chutkan, Jack Smith, Trump, Trump’s, ”, Catherine Ross, ” Ross, –, Patricia Millett, Cornelia Pillard, Barack Obama, Brad Garcia, Joe Biden –, Smith, Chutkan, “ Trump, Millett, Judge Pillard –, Evan Corcoran, Corcoran Organizations: CNN, US DC Circuit, Prosecutors, George Washington University Law School, Trump, DC Circuit, Supreme, ” Prosecutors, American Civil Liberties Union, Court Locations: Washington, York, Mar

☆ An $8.4 Million Estate Near Savannah Becomes the Area’s Priciest Home—Again
▼ + stars: | 2023-11-16 | by ( Sarah Paynter | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. A riverfront estate outside Savannah, Ga., has sold for $8.4 million, beating its own record for the priciest sale in the area, according to listing agent Melissa Hall Rowan of Corcoran Austin Hill Realty.

Persons: Melissa Hall Rowan, Corcoran, Hill Organizations: Hill Realty Locations: Savannah, Ga

☆ Manhattan real estate brokerages are sued for inflating commissions
▼ + stars: | 2023-11-13 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Nov 13 (Reuters) - A lawsuit filed on Monday accuses the Real Estate Board of New York (REBNY) and more than two dozen brokerages and companies of conspiring to artificially inflate commissions paid to agents who help sell residential real estate in Manhattan. That verdict, which a judge can triple to more than $5.3 billion, could upend decades-old practices that require sellers to pay commissions to buyers' brokers. March said it is unclear whether this would result in lower commissions, or delay sales while buyers' brokers negotiate with sellers. The lawsuit seeks damages for sellers of Manhattan residential property in the last four years who paid buyer brokers' commissions under REBNY rules. The case is March v. Real Estate Board of New York et al, U.S. District Court, Southern District of New York, No.

Persons: Douglas, Mike Segar, Douglas Elliman, Monty, Carl Hum, Corcoran, REBNY, Jonathan Stempel, Jonathan Oatis Organizations: REUTERS, Real, Board, New, Corcoran, National Association of Realtors, NAR, ., Court, Southern District of, Thomson Locations: Manhattan's, New York City , New York, U.S, New York, Manhattan, Missouri, Brooklyn, Southern District, Southern District of New York

☆ Shark Tank's Barbara Corcoran almost overlooked her best hire because she was too 'soft-spoken'
▼ + stars: | 2023-11-13 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Barbara Corcoran, a real estate mogul and Shark Tank investor, almost didn't hire her business partner. Corcoran said Esther Kaplan was too introverted in an interview and she had "no intention of calling her." It was only when Corcoran took a peek inside Kaplan's purse that she decided to hire her on the spot. AdvertisementAdvertisementShark Tank investor Barbara Corcoran opened up about how she almost passed over her best employee and future business partner because she felt they were too quiet for a sales position at her company. Corcoran went on to explain that it was when Kaplan opened a small purse to put away the business card that she decided to hire her.

Persons: Barbara Corcoran, Corcoran, Esther Kaplan, —, Esther my, Kaplan, Introverts, Susan Cain, Cain Organizations: Shark, Service, Corcoran, The Corcoran Group

☆ Barbara Corcoran almost rejected her best hire because she was introverted: I had ‘no intention of calling her’
▼ + stars: | 2023-11-12 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Barbara Corcoran almost missed out on "the best hire" she ever made — all because the prospective employee seemed too introverted. In walked Esther Kaplan, who would eventually become Corcoran's business partner and longtime president of The Corcoran Group. But at the time, Kaplan didn't seem like the right fit for the sales position she'd applied for, Corcoran said. Corcoran recalled watching Kaplan take the card and place it within a meticulously organized purse, complete with labeled partitions. "With a mind like that, I knew I wanted my business in her purse," said Corcoran.

Persons: Barbara Corcoran, Esther Kaplan, Kaplan didn't, Corcoran, Esther my, Kaplan Organizations: The Corcoran

☆ New College Is a Haven for Harvard Refugees
▼ + stars: | 2023-11-09 | by ( Richard Corcoran | ) www.wsj.com time to read: 1 min

After Hamas's atrocities in Israel, one would expect universal condemnation from U.S. college administrators. The University of Florida's Ben Sasse showed Harvard how to do it. Images: AFP/Getty Images/Zuma Press Composite: Mark KellySarasota, Fla.Anti-Semitism has reared its ugly head at Harvard. Since Hamas’s Oct. 7 massacre of some 1,400 Israelis, Jewish students there have reportedly been bullied, intimidated, spat on and, in at least one case, physically assaulted. Student-led protests call for the destruction of Israel and the Jewish people with chants of “Intifada!

Persons: Florida's Ben Sasse, Mark Kelly Sarasota Organizations: The University, Florida's, Harvard, Getty Locations: Israel, Fla, Palestine

☆ After a $1.8 billion verdict, the clock is ticking on the 6% real estate commission
▼ + stars: | 2023-11-05 | by ( Manav Tanneeru | Anna Bahney | ) edition.cnn.com time to read: +7 min

And yet, every day, people across America hire a real estate agent to help them sell a home. While state governments license real estate agents, NAR has an extensive code of ethics it expects members to adhere to. NAR and the brokerages have vowed to appeal the verdict, which means real estate commissions aren’t going anywhere immediately. Last month Redfin, an internet real estate company, left the association. The longer-term impact of the verdict may be that the pairing of buyer’s agent commission and seller’s agent commission will eventually be separated.

Persons: Keller Williams, –, Corcoran —, Kenny Parcell, ”, Mantill Williams, Darryl Frost, homesellers, Stephen Brobeck, ” Brobeck, Jen Davis, ” Davis, “, they’ll Organizations: DC CNN, National Association of Realtors, Homeservices, Keller, Keller Williams Realty, Coldwell Banker, Sotheby’s, Realty, NAR, US Department of Justice, “, Consumer, Consumer Federation of America, Holt Homes Group Locations: Washington, America, Missouri, Keefe, Springfield , Missouri

The verdict by a federal jury in Kansas City, Missouri, could upend decades-old practices that have allowed real estate agents to boost commissions as home prices and mortgage rates rise, hurting consumers by making housing transactions more expensive. Plaintiffs in the class action included sellers of more than 260,000 homes in Missouri, Kansas and Illinois between 2015 and 2022, who objected to the commissions they were obligated to pay buyers' brokers. The verdict followed a two-week trial, and the damages award can be tripled under U.S. antitrust law to more than $5.3 billion. Shares of real estate brokerages not involved in the verdict closed lower. Re/Max fell 4.4% and Anywhere fell 2.7%, while online brokers Zillow Group (ZG.O) and Redfin (RDFN.O) declined 6.9% and 5.7%, respectively.

Persons: Larry Downing, Warren Buffett's Berkshire Hathaway, Michael Ketchmark, realty Keller Williams, Mantill Williams, HomeServices, Keller Williams, Darryl Frost, Frost, Sellers, Corcoran, Max, brokerages, Mike Scarcella, Jonathan Stempel, Lance Tupper, David Bario, Chizu Nomiyama, Jonathan Oatis, David Gregorio Our Organizations: National Association of Realtors, REUTERS, realty, NAR, Coldwell Banker, Zillow, U.S . Department of Justice, Thomson Locations: Fairfax, Virginia, U.S, Warren, Kansas City , Missouri, Missouri , Kansas, Illinois, Berkshire, America, Washington, Maryland, New York

☆ Wealthy movers to South Florida have pushed the real-estate market to new highs. See 6 homes for sale only the rich can afford.
▼ + stars: | 2023-10-28 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

An influx of wealth is reshaping the real-estate market in South Florida. The average home price in Palm Beach hit $20 million, making it the country's most expensive market. Six South Florida homes seeking over $40 million offer perks from a rooftop pool to a tennis court. At the same time, the number of listings has fallen off in Palm Beach and Miami Beach, nudging along competition for what homes come to market. Take a look at six of the most expensive homes for sale in South Florida eyed by these monied movers, with prices topping $40 million.

Persons: —, Larry Ellison's, Ken Griffin's, Jeff Bezos's, Ruthie Assouline, Douglas Elliman, there's, Corcoran Organizations: Palm, Service, Sunshine State, Oracle, Citadel, Miami, Wall, CNBC, Miami Beach Locations: South Florida, Palm Beach, Florida, Valley, New York City, Miami, Beach, Miami Beach, nudging

☆ Couple had $18 in the bank when they started their company—now they have millions in revenue and a $400,000 'Shark Tank' deal
▼ + stars: | 2023-10-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

When James and Johanna Windon launched Buena Papa two years ago, they had just $18 in their bank account. Now, they bring in millions of dollars in annual revenue across three North Carolina restaurant locations, they said on Friday's episode of ABC's "Shark Tank" — during which they landed a $400,000 investment offer from millionaire entrepreneur Robert Herjavec. Despite no prior restaurant experience, the pair "invested our life savings [of] $40,000," leaving just $18 behind, James said. Mark Cuban opted out, citing the difficulty of simultaneously operating restaurant locations and overseeing any number of franchisees. That left Robert Herjavec, who offered the Windons $400,000 for 20% of Buena Papa.

Persons: James, Johanna Windon, Robert Herjavec, Johanna, we're, bootstrapping, They'd, haven't, Mark Cuban, Kevin O'Leary, Barbara Corcoran, Lori Greiner, Corcoran, Herjavec Organizations: Buena Papa, Colombian, Buena, CNBC, Global Locations: Carolina, Buena Papa —, Mexican, Puerto Rican, Raleigh, Colombia, Miami, French, Buena Papa, Raleigh , North Carolina, United States

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