Lori Greiner has become a well-known self-made millionaire. She is a wealthy businesswoman, investor, and television personality who is best known for her role as a judge on the ABC reality show “Shark Tank.” For Your Ease Only Inc. is her company, and she is the president and founder.
Creation of Jewellery Box
Her career took off when she created a jewellery box that was an instant hit and made her $1 million in less than a year. She now has over 600 goods under her belt, allowing her to earn a salary of roughly $4 million per year. Her riches comes from her innovations and a variety of investments.
The Chicago-born entrepreneur has garnered numerous well-deserved honours throughout her career as a business owner, innovator, and well-known television personality in acknowledgement of her efforts.
For having invented hundreds of things, she is regarded as a remarkable innovator.
She was nominated for an Emmy and got a Critics Association award for hosting a reality television show. She received a Critics Choice Award in 2014 as a cast member of the show “Shark Tank.”
Her first major business venture was manufacturing a small box to store her jewellery in. Lori created a prototype with the help of investors and pitched it to J.C. Penney just before Christmas.
Greiner became a millionaire a year and a half later. Lori’s success paved the way for a profitable television career as well. She’s been selling crap on QVC for 16 years, and she’s been investing and collaborating with Shark Tank contestants for five years and counting.
A Guest Speaker
She was a guest speaker at the first Women’s Entrepreneurship Symposium hosted by the US Patent and Trademark Office in 2011. Greiner’s goods have been featured in O, The Oprah Magazine, InStyle, Woman’s Day, and Family Circle, among other publications. She’s also been featured in Parade, the Financial Times, Forbes, Success, and Entrepreneur, as well as on The View, Bloomberg, CNN, and a variety of other shows. One of Oprah’s favourite items is her Initial Silver Safekeeper.
A Judge in Reality Show
Lori became a judge on the renowned reality television show Shark Tank in 2012. Her investment in Scrub Daddy, a company that makes a texture-changing household sponge, was one of the most successful Shark Tank investments ever in 2014. On QVC, Greiner sold almost 2 million Scrub Daddy sponges in one day. Bantam Bagels (little stuffed bagels), Squatty Potty, Readers, Paint Brush Cover, Hold Your Haunches, Drop-Stop, FiberFix, Simply Fit Board, Sleep Styler, and Screenmend are among Greiner’s other early Shark Tank investments.
Her spouse has been the CFO of her company for more than a decade. Dan Greiner, Lori Greiner’s husband, worked as a controller for a manufacturing company before taking over the financial management of For Your Ease Only. Daniel has been an integral part of Lori’s team for more than 10 years, and the company now generates millions of dollars per year.
She is the author of the bestseller Invent It, Sell It, Bank It! : Turn Your Million-Dollar Idea Into Reality, which debuted at #3 on the Wall Street Journal’s bestseller list.
A Paid Speaker
Lori also works as a paid speaker for a number of well-known corporations, including Chase, IBM, Adobe, PayPal, Coldwell Banker, and the American Heart Association, to name a few.