Self-made millionaire Barbara Corcoran warns not to make the mistake of asking for a raise: Do these 2 things instead

Barbara Corcoran on the set of Shark Tank (Credit: Christopher Willard/ABC via Getty Images)

• Shark Tank’s Barbara Corcoran believes you can score a pay raise if you’re prepared to negotiate properly—but whatever you do, "don’t go in there and say you want a raise," she warns.

If you feel like you deserve a raise, you’re not alone. Over 80% of Americans want to ask their boss for an increase in their compensation, yet only 60% plan to follow through, according to one study.