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Invent It, Sell It, Bank It!: Make Your Million-Dollar Idea into a Reality [Kindle Edition]

Lori Greiner
4.6 out of 5 stars  See all reviews (209 customer reviews)

Print List Price: $25.00
Kindle Price: $10.99
You Save: $14.01 (56%)
Sold by: Random House LLC

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Book Description

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.
 
Turn your idea into a reality.
Become your own boss.
Make your first million.
Achieve financial freedom.
Lori Greiner shows you how.
 
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.
 
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.
 
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.
 
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!
 
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!
 
“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
 
“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.


Editorial Reviews

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!
 
“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
 
“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

Product Details

  • File Size: 1636 KB
  • Print Length: 290 pages
  • Publisher: Ballantine Books (March 11, 2014)
  • Sold by: Random House LLC
  • Language: English
  • ASIN: B00F1W0RW8
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #18,921 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
44 of 47 people found the following review helpful
Format:Hardcover|Vine Customer Review of Free Product (What's this?)
Shark Tank investor Lori Greiner has published a fantastic book for turning ideas into profit. As a small business owner, I've read several mommy millionaire books on starting a business. This book by Lori Greiner crushes those books and hits it out of the ballpark! Lori has been called the "Queen of QVC." She has helped launch over 400 products and holds 120 U.S. and international patents. She is passionate about encouraging others towards personal success and leaves no hidden secrets...Lori puts it all on the table for her readers, by including both her failures and her success. Topics in the book include:

*Research Your Market
*How to Get Funding
*The Truth About Patents
*Pitch Perfect
*Manufacturing and Packaging
*Beyond Brick and Mortar
*Marketing That Really Works
*Expand and Diversify

From the time I picked up the book I was unable to put it down. The book is well-written, highly informative and Lori's personality shines through each page. If you are a fan of the Shark Tank television show, you'll like the stories Lori shares about working with the other investors and the prospects presenting their pitches. I highly recommend this book!
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56 of 63 people found the following review helpful
5.0 out of 5 stars "Unicorn" Shares All: Tips, Advice, and Information February 23, 2014
Format:Hardcover|Vine Customer Review of Free Product (What's this?)
Lori incorporates her story of her first product, an earring organizer, from conception to stores in 4 months, and her evolution into entrepreneur conglomerate and "unicorn" on Shark Tank, with behind the scenes info. As A preacher of DIY, she has become an expert in manufacturing, patents, and design. She also stresses importance of family, fun and compassion.

The book is linear, but explains you will be doing several steps at once. It will require hard work and dedication on your part.

Topics include:
Are you ready? Public speaking a must amongst other listed criteria. Is your idea a hero or zero? How and why with a summary checklist provided. How to make your product, from prototype (design engineers, PMS 365, mock up, 3D printing, plastic manufacturers, injection molding, CAD design...don't know what I'm talking about? It's all in the book:-). Again, at end of chapter a helpful checklist is provided.

A chapter on market research is provided and then she dives into the inevitable, daunting task of funding ( business plans and what you need to know). Without providing her personal Rolodex (dream on people!) she lists where to look for funding with many examples and the pros and cons. Very thorough and enlightening for me. Do you know what a DVRT company is? I didn't either.

Next up. Patents and then Pitching. How tos, what to do...more info with some great success stories. If you are lucky enough to make it this far, Lori continues by sharing manufacturing and packaging secrets. What to consider, overseas options with reputable contact info provided, regulations and laws, quality control, etc.
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35 of 39 people found the following review helpful
5.0 out of 5 stars Honest, helpful and easy to read March 14, 2014
Format:Hardcover|Vine Customer Review of Free Product (What's this?)
I'm not really a fan of Shark Tank. My wife loves the show and keeps telling me to watch it. I've watched bits and pieces of it, but to tell you the truth the judges, or sharks, don't appeal to me because they are so aggressive and the show is all about money money money. So then why did I read this book, written by one of the sharks? Because someone I know is an "inventor" and I wanted to see if this book would be worth recommending to him. It is.

I am not familiar with Lori Greiner. The bits of the show I've watched, I have seen Mark Cuban and the other two guys talking, along with the older lady and I don't like any of them. I guess I should watch for Ms. Greiner, since she has written what I feel is a very good book. At first I thought this was a quick bit of work to make money by taking advantage of her shark status. Obviously she wants to make money from it, but the reader gets his or her moneys worth; I got the impression she really cares about helping the reader to be successful. When she talks about her experiences, it seems more about helping and not about bragging.

The book is well-organized, with chapters covering all the major aspects of bringing an idea or invention to market. It isn't sugar coated, and it is written in a very personable way that makes it easy to read and understand. Having a business background (but never having tried to market any of my own ideas), my two cents is she provides a sensible, solid foundation for someone who wants to market a product. There's no fluff in the book, it's all practical and wise advice.
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23 of 26 people found the following review helpful
5.0 out of 5 stars Go from Zero to Hero March 11, 2014
Format:Hardcover
I know a lot of entrepreneurs and wantrepreneurs - people with great ideas who don't know how to turn them into real businesses. This books shows you exactly how to do just that - turn a great idea into a real enterprise. Lori, the nice Shark from the hit TV show Shark Tank, guides readers through every part of building a successful business. Two likeable thumbs up for this practical, comprehensive book.
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Most Recent Customer Reviews
5.0 out of 5 stars The Book I refer back to again and again to keep me motivated to get...
Love this book! It's well written and easy to follow.
Published 4 days ago by Amazon Customer
3.0 out of 5 stars You're great! "You can do it" motivation
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. Read more
Published 4 days ago by Free advice
5.0 out of 5 stars Great book
Was very good personal real world experience, combined with practical applications. I'm not necessarily an inventor, but looking at being an entrepreneur.
Published 6 days ago by Amazon Customer
5.0 out of 5 stars Five Stars
Great read so far!
Published 7 days ago by John Finnigan
5.0 out of 5 stars Five Stars
Great book!! Really Informative!!
Published 12 days ago by Zach Wade
5.0 out of 5 stars Great read!
As you read each word of this book you can hear Lori's voice. It's such a great read that I find myself stopping and re-reading portions to ensure that I'm taking in every detail. Read more
Published 18 days ago by Ryan Bodine
4.0 out of 5 stars Four Stars
I want to be her!
Published 20 days ago by Carin Baker
5.0 out of 5 stars Love it! As well as stories of her own ...
Detail info on how to make product from start to finish! Love it! As well as stories of her own struggles/inventions
Published 23 days ago by mabel wong
5.0 out of 5 stars Five Stars
Skimmed, can't wait to read!
Published 23 days ago by Barbara T.
5.0 out of 5 stars Great info
For a solopreneuer inventor, this book has been irreplaceable. Great info on business in general but highly on the field of inventorship.
Published 26 days ago by James729
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