She is called the “warm blooded sharked” …show more content…
She invested $200,000 for 20% with a promise for the owner to be a millionaire in the first year (businessinsider.com). Another company she has invested in ReadeRest, $150,000 for 65%. $13 million dollars came in revenue the three years after Shark Tank. (businessinsider.com) Not all the companies Lori invested in were successful, however. ShowNo Towels which Lori invested $50,000 ended. (cheatsheet.com) Coming out of the Shark Tank, there are winners and losers, and Lori Greiner has had both.
Lori is the “Queen of QVC”. (“Shark Tank”) She has a show on there called “Clever & Unique Creations by Lori Greiner” (businessinsider.com). In the Shark Tank, QVC is brought up, Lori saying if she think it could be sold or not on there. She started Shark Tank to get new products to sell on the QVC. (chron.com) Her mother died which delayed her start to Shark Tank (heavy.com). QVC followed Lori out of her show and into the Shark …show more content…
These include ones for the Swivel Organizer, Three Dimensional Decoration Kit, Fragrance Emitting Snow Globe, and Jewelry Cabinet. (patents.justia.com).She has made 400+ products. (chron.com)
On top of her 120 patents (lorigreiner.com), investments, and show on QVC, she has also written a book, Invent It, Sell It, Bank It!: Make Your Million-Dollar Idea into a Reality, published in 2014. It talks about making starting a business or product and making it successful. (barnesandnoble.com).
Lori has four tips that help save money. Work at home so you don’t spend money on an office. Do things yourself instead of hiring people; only hire when needed. Getting more inventory than is needed is a huge mistake. The last one is not to loan money from loved ones. (entrepreneur.com) Considering how well Lori Greiner has done and is doing, it would be in someone's best interests to take these tip and follow them as closely as possible.
As you can see, Lori Greiner has done very well with her life. She went from one product to over 120 patents (lorigreiner.com), a business, a role on shark tank, a show on QVC, and a book. If you could follow what Lori Greiner has done, there is a chance you can make