Lori Greiner’s 5 Rules to being a Successful Inventor | Inc. - Deepstash

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Lori Grenier was not born successful

Lori Grenier was not born successful

Lori Grenier is an inventor and multi-millionaire investor. She is known for her wildly popular ABC show, Shark Tank. She has over 500 inventions and 120 patents.  But she wasn't born a successful inventor.

It all started nearly twenty years ago with the idea of an interesting jewellery box.


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Know the inventor you want to be

There are two types of inventors:

  • The one who creates one masterwork.
  • The serial inventor who thrive in coping up with one new idea after another and bringing them to life.


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Don't be stubborn with your idea

Don't be stubborn with your idea

Don't fall in love with your idea so much that you don't want to listen to feedback. 

Business is business. Sometimes you will have to change your idea to match demand.


74 reads

It takes one idea

You may have many ideas that don't work. That's okay. You just need one idea to take off. 

However, to know which one is your million dollar idea, you need to come up with multiple ideas and test and experiment with what does and doesn't work. The idea you think is the best might not be what customers want. You need to be comfortable with failing and moving on.


104 reads

Put in the hours

Put in the hours

Beginner inventors and entrepreneurs should learn all the facets of their craft and business firsthand to enable them to make pivotal decisions.

When Grenier had to create over 20,000 pieces of jewellery by hand for her in-store display, she put in the hours. There's no other way.


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Do whatever it takes

Entrepreneurs will work 80 hours a week. Being your own boss is much harder work than working for someone else.

If you have an idea, you'll be willing to work 80 hours because it is easier than working 40 hours for someone else's.


106 reads



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