Lori Greiner Is an American television personality, Inventor, and entrepreneur. Her show Clever and Unique Creations gave her the title of Queen of QVC. She is also the president and founder of For Your Ease Only Inc.
Greiner patented a Plastic Earring Organiser. She has also patented many consumer products such as jewelry, electronics, travel, and household items. Her products are exclusively featured in magazines. She wrote a book in 2014 which reached #3 on the Wall Street journal’s bestseller list.
Net Worth
Greiner is a self-made entrepreneur and an inventor. She has created over 700 products. She is also a jewelry designer who has a net worth of $150 million. She also hosted her show Clever and Unique Creations. She invented an Earing Organiser which made over $1million within a year.
Early Life
Lori Greiner Was born on December 9, 1969, in Chicago, Illinois. She resided near the North Side, Chicago. Her dad was a real estate developer and a psychologist. Her parents divorced when she was eight. She graduated with BA in communication from Loyola University Chicago. She also worked for the Chicago Tribune while she was in college.
She was highly influenced by her parents as her parents chose to set an example of going into own business instead of being an underworking employee. She dived into selling jewelry during her college days. She also worked as a playwright. In 2012 she joined the famous TV series Shark Tank and was later titled as the “warm blooded shark”
Career
In the mid 90’s, Greiner Designed a plastic Earring Organiser to hold up to 100 pairs of earrings. JC Penney saw an opportunity and picked up her product, eventually, it became a huge hit. Her products made appearance on cable TV. Her earnings organizer made over $1million within a year after it debuted on the Home Shopping Network. She made huge profits and was able to pay off her $300,00 loan. Her “Greiner’s For Your Ease Only” brand gained more than $350million in sales.
During 2012, she also did a U.S. TV series called Shark Tank, which was stated as one of the biggest success in Shark Tank history. She also authored a book Invent it, Sell it, Bank it -Make Your Million Dollar idea into a reality. It was a guide book which was based on her business journey of being a successful entrepreneur. It was also named one of the top 10 business books by Amazon.com. She also worked as a speaker for many companies including Chase, IBM, Adobe and many more.
Greiner also tried her hands in film TV entertainment and journalism at Loyola University. She also has her own production company named Good Place Entertainment.The main panel and the cast members of her show Shark Tank include most of the richest billionaire Dallas Mavericks owner Mark Cuban. Her co-star Barbara Corcoran and Daymon John are also paid highly (approximately US $50,000) per episode.
Personal Life
Lori Greiner married Dan Greiner In the year 2010. Then is the CFO of Lori’s company. They met at a bar in Chicago in 1996 and started dating by 2000. They had the spark between them from the beginning.Dan has always supported Lori in her business. In lori’s early career start, he encouraged her to sketch out her ideas on her own.
He even supported her when Lori decided to take a $120,000 loan against their house to grow her business. The couple used to work together when they faced staff shortages in their company. She wrote in her book “Dan is a number guy; I’m the inventor. That’s why we’re a perfect team.” She also funds towards charity. She raised over $126,000 for various campaigns run for children. She also donates to various other organizations.
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Conclusion
Lori Is a successful entrepreneur. She makes around $5 million a year. Also her role in Shark Tank made her earn $50,000 per episode. She has such impeccable skills that she can tell if a product is a hero or a zero. She gained 90% success out of all of her investments. Her ability to identify an emerging brand and when to invest in them, is what made her a successful entrepreneur.
