Lori Greiner on Shark Tank
Meet Lori Greiner, the most prolific inventor of retail products of her time. Lori’s career began with one idea that catapulted her into becoming an international multi-million dollar brand. She has now created over 450 products and holds 120 US and international patents. The key to Lori’s success is her ability to problem solve for the masses, creating affordable products that improve people’s lives. Known as the QVC Queen, Lori’s passionate entrepreneurism has won her a huge following, along with wide recognition for her achievements.
Reining from Chicago, Lori majored in Communications at Loyola University Chicago, with a focus on journalism, television and film. Lori was working at The Chicago Tribune before she acted on her inspiration to produce an earring holder, taking out a $300,000 loan and hustling to get it into J.C. Penny Stores in time for the holiday season. Within her first year of business, Lori’s company For Your Ease Only Inc. had made over $1 million in sales and she hasn’t slowed down since, now with a net worth of over $100 million. Lori is the CEO, working with the support of her husband Dan beside her, managing product development and marketing for her extensive range of inventions.
Driven by an enthusiasm for problem solving, both in her own life and those of her customers’, Lori’s products can be found in the homes of millions, including celebrities like Oprah Winfrey, Heidi Klum and Joan Rivers. During her 16-year run on QVC, Lori has had a 90% success rate with the products featured on Clever and Unique Creations by Lori Greiner. From kitchen tools to travel bags, Lori’s product-range answers to a diversity of needs and she has a keen instinct for a product’s potential for success.
Known as the warm-blooded shark on Shark Tank, Lori values opportunities to give back to the entrepreneurial community, being generous with her offerings of advice. Lori hit the bestsellers list with her first book Invent It, Sell It, Bank It! a hands on, step-by-step guide on how to turn an idea into a million dollar reality. Lori’s product line is regularly featured in Town & Country, O The Oprah Magazine, Woman’s Day, Family Circle and InStyle. She has also been profiled in The Financial Times and Success for her outstanding entrepreneurial achievement.
Lori shares her business know-how in her national best-seller Invent It, Sell It, Bank It!: Make Your Million-Dollar Idea into a Reality.