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Lori Greiner

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Lori Greiner
Greiner in 2023
Born
Chicago, Illinois, U.S.
EducationLoyola University Chicago (BA)
Occupations
SpouseDan Greiner
WebsiteOfficial website

Lori Greiner is an American businesswoman and television personality. She is known for her QVC show Clever & Unique Creations (2000–present) for which she has been called the "Queen of QVC", and for being an investor on the reality series Shark Tank (2011–present). She has hundreds of inventions and holds over 120 patents. She is the president and founder of For Your Ease Only, Inc.

Life

Greiner grew up in the Near North Side, Chicago.[1] She majored in communications at Loyola University Chicago and worked for The Chicago Tribune while in college.[2] She was an aspiring playwright and sold jewelry on the side.[3] She is married to Dan Greiner.[2]

Career

Greiner is the president and founder of For Your Ease Only, which launched in 1996.[3][1] The same year, she created and patented a plastic earring organizer; J.C. Penney picked up the product before the holiday season, allowing her to pay off her $300,000 loan in 18 months.[4][5] In addition to jewelry storage, she has patented consumer products in categories such as cosmetic organization, travel, electronics, and household items. Greiner has invented hundreds of products and holds 120 patents.[4]

After her success with J.C. Penney, Greiner expanded her company, with her products appearing on Home Shopping Network[4] and in the retail store Bed Bath & Beyond.[6] In 2000,[3] she began hosting a show on QVC, "Clever & Unique Creations by Lori Greiner".[7] Her many appearances on the network led to her nickname, "The Queen of QVC".[4][8]

In 2012, Greiner joined the U.S. TV series Shark Tank.[8] In 2014, her investment in Scrub Daddy, a company that produces a texture-changing household sponge, was regarded as one of the biggest successes in Shark Tank history.[9][10] Greiner's other early Shark Tank investments include Bantam Bagels (which was fully acquired by T. Marzetti Company in 2018),[11] Squatty Potty,[12] ReadeRest,[8][12] Paint Brush Cover,[12] Hold Your Haunches,[12] Drop Stop,[12] FiberFix,[12] Simply Fit Board,[4] Sleep Styler,[9] and Screenmend.[12] The companies she has invested in have collectively made over $400 million.[13]

Greiner's book, Invent it, Sell it, Bank it! – Make Your Million Dollar Idea into a Reality, was published in March 2014.[1][2]

References

  1. ^ a b c Bertagnoli, Lisa (September 26, 2009). "Neat trick: patenting her way to wealth". Crain's Chicago Business. Retrieved September 6, 2019.
  2. ^ a b c Sraders, Anne (June 27, 2018). "What Is Lori Greiner's Net Worth?". The Street. Retrieved September 6, 2019.
  3. ^ a b c Collins, Karyn D. (April 2, 2010). "Lori Greiner marks a tidy 10 years on QVC". The Philadelphia Inquirer. Retrieved September 6, 2019.
  4. ^ a b c d e Hochwald, Lambeth (September 15, 2017). "Lessons From the Shark Tank: Lori Greiner Shares Advice, Inspiration and a Season 9 Sneak Peek". Parade. Retrieved September 6, 2019.
  5. ^ Weisman, Aly (April 23, 2012). "A Grueling 22-Hour Workday In The Life Of A QVC Host & 'Shark Tank' Judge". Business Insider. Retrieved September 6, 2019.
  6. ^ "IP Protection: Not Just for Techies-November 2011". Twin Cities Business. November 1, 2011. Retrieved September 11, 2022.
  7. ^ "Meet the Sharks: Lori Greiner". CNBC. Retrieved September 11, 2022. Greiner has hosted her own show, "Clever & Unique Creations by Lori Greiner," for over 20 years.
  8. ^ a b c Kassar, Ami (October 12, 2012). ""The Queen of QVC Talks About the Risks of Dealing With Sharks"". NY Times. Archived from the original on September 30, 2019. Retrieved September 6, 2019.
  9. ^ a b Locke, Taylor (October 14, 2019). "Top 10 best-selling 'Shark Tank' products". CNBC. Retrieved September 11, 2022.
  10. ^ Morabito, Andrea (May 15, 2014). "Who profits the most from 'Shark Tank' success?". New York Post. Retrieved September 6, 2019.
  11. ^ Barrabi, Thomas (October 29, 2018). "Bantam Bagels of 'Shark Tank' fame sells for $34M". Fox Business. Retrieved September 11, 2022.
  12. ^ a b c d e f g Van Allen, Fox (April 30, 2016). "The 18 best Shark Tank success stories". ZDNet.com. Retrieved September 6, 2019.
  13. ^ Small, Jonathan (2017-10-24). "'Shark Tank's' Lori Greiner on the Do's and Don'ts of Pitching". Entrepreneur. Retrieved 2023-08-15.
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