5 tricks Barbara Corcoran used to build a company where hardly anyone quit

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It was a lot about efficiency. Barbara Corcoran pictured.

• Barbara Corcoran is a real-estate mogul and a star investor on the ABC series "Shark Tank."
• She said she ran her real-estate agency - The Corcoran Group - the way her parents ran her household.
• Lessons from her mom and dad include eliminating complaints and making sure everyone had fun.

Barbara Corcoran says her mother was a "drill sergeant."

It makes more sense when you find out that Corcoran was the second-oldest of 10 kids, nine of whom grew up to be entrepreneurs.

Corcoran herself started real estate brokerage firm The Corcoran Group, which she sold for $66 million in 2001.

In a conversation with Business Insider US Editor in Chief Alyson Shontell on the podcast "Success! How I Did It," Corcoran explained how she built a company with a strong culture and a high retention rate. To do it, she told Shontell, she used some lessons from her parents.

"I really did a mimic of my mother in building my brokerage firm," Corcoran said. "I ran the firm exactly how my mother ran the house. We were super organized. We had a place for everything. And I can tell you the minute you have more than one or two people working for you, efficiency has a lot to do with building a big company."

Corcoran broke down some of the other management strategies she borrowed from her parents for The Corcoran Group:

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