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NATIONAL BESTSELLER
From one of the stars of ABC’s Shark Tank and QVC’s Clever & Unique Creations by Lori Greiner comes a hands-on, nuts-and-bolts guide to getting a new product or company off the ground and making it a success.
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Turn your idea into a reality.
Become your own boss.
Make your first million.
Achieve financial freedom.
Lori Greiner shows you how.
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Lori Greiner is one of America’s most successful, prolific, and sought-after entrepreneurs. But before she created her first hit product, all she had was a great idea, a tireless work ethic, and no clue how to get it to market. So Lori taught herself everything she needed to know about bringing an invention from concept to creation to consumers in months. She learned the ins and outs of business, manufacturing, investors, patents, marketing, and more. Now, five hundred million dollars in retail sales later, in an honest and straightforward fashion, Lori reveals the path she took to her wealth of experience and hard-won wisdom so that you, too, can achieve financial freedom and see your invention become reality.
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Invent It, Sell It, Bank It! is a hands-on, nuts-and-bolts guide to getting a new product or company off the ground and making it profitable. Sharing her own secret formula and personal stories along the way, she provides vital information and advice on topics that can often intimidate, frustrate, and stump aspiring entrepreneurs.
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Offering behind-the-scenes insights into her experiences on ABC’s Shark Tank and QVC-TV’s Clever & Unique Creations by Lori Greiner, as well as valuable lessons learned from the mistakes and triumphs of her early career, Lori proves that, with hard work and the right idea, anyone can turn themselves into the next overnight success.
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So a note to all the weekend inventors, armchair CEOs, and get-rich-quick dreamers: No more excuses! With Lori Greiner as your personal mentor, the only thing left to do is make your product, get out there, and sell it!
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Inside, Lori covers such topic as . . .
• Market research: Is your idea a hero or a zero? Don’t be so fixated on the end result that you forget to make something that people actually want to buy.�
• Product design: I have an idea, now what’s next? From concept to prototype to final product: How do I make it and where do I start?
• Funding: Although loans, investments, and crowd-sourcing are great ways to access cash, first tap into your own resources as wisely as possible.
• Manufacturing: Seeing your final product roll off the assembly line is a magical moment, but there are things to watch out for so you get there in a cost-effective way.
• Protecting your idea: To patent or not to patent, and other things you can do to safeguard your idea.
• The secrets to selling successfully: You got the product made, now learn how to get people to buy it!
Advance praise for Invent It, Sell It, Bank It!
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“I am used to dealing with Mavericks and Lori fits the bill! Lori Greiner’s insightful and practical book, Invent It, Sell It, Bank It! should be on the required reading list for anyone who wants to take an idea and turn it into a real business.”—Mark Cuban
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“While most people write a book to make money, it’s evident in reading Invent It, Sell It, Bank It! that Lori’s goal is to share her secrets with the reader, and make them money.”—Mark Burnett
From the Hardcover edition.
- Sales Rank: #90098 in eBooks
- Published on: 2014-03-11
- Released on: 2014-03-11
- Format: Kindle eBook
From Booklist
Greiner’s obsession with an idea for an earring organizer launched her into a long career as inventor and entrepreneur. With no background or education in business and none of the advantages of the Internet age, she now has more than 400 inventions to her credit, 15 years on QVC’s Clever & Unique Creations, and her notoriety as the “warm-blood shark” on Shark Tank. Greiner has much to share with aspiring inventors. From her own early efforts, both failures and successes, she shares what she’s learned along the way from concept to market shelf, including designing, patenting, manufacturing, pricing, and marketing. Greiner includes step-by-step instructions and checklists to identify the basic elements—usefulness, uniqueness, safety, well-priced, desirable, and easily demonstrated—of promising inventions. She includes advice on how to use social media and online surveys to do market research and the pros and cons of getting financing through friends, family, banks, crowd funding, or venture capitalists. Most fascinating are her behind-the-scenes looks at QVC and Shark Tank as she recalls the ups and downs of pitching ideas. --Vanessa Bush
Review
Advance praise for Invent It, Sell It, Bank It!
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“I am used to dealing with Mavericks and Lori fits the bill! Lori Greiner’s insightful and practical book, Invent It, Sell It, Bank It! should be on the required reading list for anyone who wants to take an idea and turn it into a real business.”—Mark Cuban
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“While most people write a book to make money, it’s evident in reading Invent It, Sell It, Bank It! that Lori’s goal is to share her secrets with the reader, and make them money.”—Mark Burnett
“Inventors, look no further—Lori Greiner’s book has it all. It’s fast, it’s fun to read, and it’s packed with all the information you need to turn your big idea into a huge success.”—New York Times bestselling author Gary Vaynerchuk, CEO, Vaynermedia
About the Author
Lori Greiner is one of the most prolific inventors of retail products. She’s created more than 400 products and holds 120 U.S. and international patents. She stars as the “warm-blooded shark” on ABC’s hit show Shark Tank and is a well-known celebrity personality on QVC-TV, where she has hosted her own show, Clever & Unique Creations by Lori Greiner, for more than fifteen years. Greiner’s collection of cleverly designed products range from kitchen gadgets to travel bags to some of the most popular and unique organizers for all around the home. They are regularly featured in top magazines such as Town & Country, O: The Oprah Magazine, InStyle, Woman’s Day, and Family Circle. She has also been profiled in Financial Times, Success, and Entrepreneur. Her Silver Safekeeper� Jewelry boxes were chosen as one of Oprah’s Favorite Things.
Most helpful customer reviews
7 of 7 people found the following review helpful.
You're great! "You can do it" motivation
By Free advice
Not a big help. Sorry I bought it but for someone else it could be majic. She does tell you how she did it but she doesn't tell you how you can do it. It's all RAH RAH, You're great! "You can do it" motivation. I don't need motivation. I need facts. It's funny, on the carpet in Shark Tank the sharks say"I don't care how motivated you are"! "I want to know what your business plan is"! "No plan? Get out"!!! This book, no plan. I admire Lori. Writting a "how to do it book" is not her strong suit. A lot of it is the story of her life. I need neither a non fiction book nor a novel. This reminds me of the Donald Trump book: "The art of the deal" or what ever. That wasn't even motivational. I'll just keep watching Shark Tank.
2 of 2 people found the following review helpful.
I gleaned some good info, but like most books like this one...
By William Kitsch
I gleaned some good info, but like most books like this, much of it is stating the obvious...
As a Shark Tank viewer, I can say Lori (and most of them) apply double standards, and speak out of both sides of their mouths.
Moreover, Lori's own patents she talks about are virtually all what are called "junk patents" (I am a patented inventor).
These are patents that are technically patent-able, but were also never patented because nobody wants them; nor would anyone bother to try to steal them, or breech them.
The patents then, create a niche market. Brilliant! The same can be done publishing books - "Author of 100 Books" - sounds impressive? huh... These are the types of 'secrets' they never tell you about in the 'get rich' books. If they did, they couldn't regurgitate the same info remixed for decades of new books.
Though they could be patented, it was not at all necessary. (Meaning with a little money and imagination, you can get patents too...) This is a marketing ploy to make people look like brilliant innovators by accruing patent after patent on things they really didn't need patents on. With this perspective and a view of this book as marketing strategy there is some valuable information to be had.
9 of 9 people found the following review helpful.
"It's all about me."
By Bernie VT
Found the author a bit overindulgent about herself and did not keep to the intended purpose of the book which was to educate and assist the reader in bringing an invention to market successfully.
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