Lori Greiner is the Queen of QVC. She has mastered the art of taking a product from inception to market, and has defined the elements of producing a successful infomercial.
Lori is the host of the TV Show, Clever & Unique Creations by Lori Greiner, and has launched over 400 products in her career. She holds 120 patents on her designs, and is the CEO of For Your Ease Only. Lori's first invention was an earring organizer which holds up to 100 pairs at a time. She features her products on QVC, one of the largest home shopping channels there is.
When investing in the Shark Tank, Lori usually looks for products which cleverly serve a purpose. She likes investing in products which are unique and proprietary, and products which she can patent and hold the rights to. While she may be referred to as the Warm Blooded Shark, Lori sure knows how to negotiate with the entrepreneurs and get her way over the other Sharks.
Lori's Quotes:
- "I can tell instantly if a product will be a hero or a zero."
- "I had to figure it out for myself."
- "I will turn you into a millionaire by the end of the year."
- "This is a defining moment; you're only going to be on that carpet once."
- "This is a defining moment; you're only going to be on that carpet once."
Lori's Book:
Check out Lori's Website
Great show. Very to the point people on Shark Tank. You want a product that will create a profit, and benefit people in some way. That is the bottom line. If your product will not help people, or profit them, what is the point of creating it.
ReplyDeleteOk Lori, I have an idea for a product I think it would be a hit. I have no idea how to get started and would love for you to be my financial partner and advisor... I am just concerned that I dont want it to get stolen from me.... any ideas on how to handle this....
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