M.O.M Blog (Masters Of Multitasking): {m.o.mTips}... Jump in the 'Tank' with Lori Greiner

{repeat} a popular Tip Post (6/2012)

Lori Greiner (www.LoriGreiner.com) is a well-respected inventor, entrepreneur and organizational expert. Regarded as the most prolific inventor of products for women of her time, Lori started with one idea and turned it into a $500 million dollar brand. A familiar face on QVC for the past 14 years, she has launched over 350 products and holds 110 US and international patents. Known as the go-to girl for clever solutions to everyday problems, Lori’s practical inventions have transformed overcrowded kitchen cupboards, organized cramped wardrobes, and untangled jewelry boxes for millions of people across America. You can now check out Lori on ABC’s hit television show, Shark Tank, in which Lori demonstrates her keen entrepreneurial sensibility and achieves results no other shark has achieved before!

Let's Chat with Lori

What is your best advice to a budding entrepreneur?

Make sure you are realistic about your product and that it is truly something a lot of people want and need. Do some market research and ask people outside of your family and your friends what they think of it.

What is a must-have site or resource all entrepreneurs should know and follow?

I don't think there is one main resource. There are great books out there and shows (Shark Tank being one of them). I think doing a lot of research to educate yourself helps a lot. Read, Google search, and investigate topics that are relevant to your market and product. Today with the internet, there is so much information out there that's so helpful and accessible. You can ask almost anything and get good answers and direction. I love Google search.

Has Shark Tank changed your opinion of the everyday entrepreneur?

Not particularly, because I have been working with budding entrepreneurs all along trying to help them get their products out there. I think we all have a lot of similar characteristics. We all believe our items are the best out there and we are all passionate about our products.

Favorite quote or book ‘to live by’?

My quote and philosophy is: “There are no no's, just how can I!”

(previous tv schedule) Make sure to tune into Shark Tank Friday night(TONIGHT) on ABC at 8 pm EST.