How a ‘Godawful’ $340 Coat Helped Put Shark Tank Investor Barbara Corcoran on a Path to Riches

Barbara Corcoran has invested in hundreds of businesses over the years, but the best investment she ever made in herself came after a mini shopping spree. The Shark Tank mentor and real-estate entrepreneur comes from humble beginnings, but quickly learned the power of paying herself first—and why looking the part is crucial. She shared with MONEY the story of her first big purchase, and why you should dress for the job you want, not the one you have.