11/24/2011 08:30 pm ET | Updated Nov 24, 2011

Barbara Corcoran, Real Estate Expert, Turns Obstacles Into Opportunities (VIDEO)

Barbara Corcoran, best-selling author, real estate expert, and "Shark Tank" personality knows a lot about obstacles or as she refers to them, opportunities.

In the video above she describes how she was able to turn some of her most devastating setbacks into business opportunities.

"I've learned if you jump off the cliff, guess what? You find the confidence while you're falling through the air, you find the solution. But it's jumping off the cliff with blind faith and stupidity frankly, that makes you find the solution on the way down."

She was able to land on her feet and sold her business, The Corcoran Group, for $66 million, having started out decades prior with a thousand dollar loan.