Hi, I'm Lori Greiner - The Warm Blooded Shark on ABC's Shark Tank. AMA!

I don't have a question, you're hot though.

I have an answer...thank you ;)

1. Would it be possible to beam some questions to your phone using my TMobile device with super fast unlimited nationwide 4G?

2. Have you ever called Mark Cuban, Cubes?

LOL - yes I have called Mark Cubes - ck out my twitter from a few weeks ago

"An entrepreneur will work 80 hours a week, so they don't have to work 40 hours a week."

Cheers! Keep rockin' Lori!

Glad you follow me on Facebook or Twitter! Cheers right back at ya!

I liked the deal you made with the glasses magnet guy. Did you actually make him a millionaire?

YES-Rick & I did it together! He's a phenomenal partner!

Do you ever think the other guys on the show are dicks? I mean, I understand that you won't invest in a product if it isn't worth your time or money, but don't be an ass hole.

I think all the Sharks have dynamic, unique personalities. While Shark Tank is a forum for entrepreneurs to pitch their ideas and businesses, we must all remember this is a television entertainment show as well. I think the Sharks, as well as the entrepreneurs, realize this and try to add drama on both sides. Not all episodes air, and only the most entertaining ones make the cut. Many times you see the Sharks playing into their characters - but no one is out to just insult someone for no reason. These people know what they're getting into when they enter the tank. Not a place for minnows ;-)

Is Kevin really that cold behind the scenes?

And is Robert just as cute?

Kevin is hilarious really.....Robert a sweetheart....

Do you believe that a MBA is necessary to own and operate a business efficiently? What are your opinions on degrees in business administration? Are there better suited degrees for business?

No - I don't and actually some of the most successful people don't even have a college degree if ytou read about most successful ENT's.

Honest question I don't expect to get an honest answer, but here goes:

I sometimes feel like people took a deal that was really great for the sharks, and really bad for the person(s) who took the deal... Obviously you're sharks, you're looking to get the most you can out of a deal, but have you or any other sharks ever acknowledged getting a bigger piece than you probably should've? Ever felt a little guilty about it?

I imagine you may not want to answer for yourself, so perhaps if you think another shark swindled someone... ;-)

I can only speak for myself and I sleep great at night because I do my very best for my ents/ deals and they know this and I don't think I have any situation where this has occured.

were there ever any ideas pitched to you that you did not invest in that you later regretted? if so, what were they? same goes for the other way around: were there any ideas that you DID invest in that you later regretted?

no and no. i work to make things happen so I don't regret , also I don't look back - always move forward!

I like that - always look forward and never back - there is a reason our eyes are on the front of our head :)

Exactly!

Who pitched the idea of Shark Tank to all of you guys?

I met first with Mark Burnett. An amazing person I really love, respect and admire!

I'm a marketing student so I'm really interested to know which product that you've created would say was the biggest challenge to market successfully for whatever reasons and what was your solution? (As in niche market, limited appeal, etc.)

I have to think on this one......

What are the main things you look for in a product/idea that determine whether you'll invest or not?

I typically like to see if it has broad mass appeal, if it is something I can manufacture at a good price, and do I feel it is something people really need and or would want.

Is tracking a shark down in person and giving them a business card/business plan considered taking initiative or stalking?

More stalking. Best to do things in a more professional manner.

Mark Cuban was supposed to ask you to get into a Dallas Mavericks cheerleader outfit (he said he would during his AMA) did he ask or is he a dirty liar?

Proof

Also, did any of the deals from Shark Tank end up losing money or not worth the hassle?

Mark did ask me - see here

I can only speak for myself and whatever I put my mind and time into is never a hassle.

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I think that the guys "try" to pigeon hole me as the QVC lady which I am very proud of, but as you have seen and will continue to see this season, I have a broad range and get my shark tank deals into retail stores around the world, infomercials, and I have many diversities in what I invest in.

Once again thinks for doing another one of these. Have a few questions for you.

1) Can we get a drawing from you of the Reddit logo 2) On last Friday's episode what did you think of the Smart Wheel 3) Where did the nickname of Mr. Wonderful come from for Kevin O'Leary 4) What is up with Daymond's cut throat like attitude in the last few episodes?

Proof! :-) Posting soon to Twitter and Facebook.

Seriously, who ever drives without their hands on the wheel?

Not sure where Mr. Wonderful came from...I think he created it for himself ha!

Daymond - cut throat? Maybe his alter ego Damien. ;-)

Why are the sharks so against providing seed capital? Sure it might require more work, but it also provides the opportunity to build a company with the proper foundations to bring about more gains than simply expanding or growing the company.

for me it all depends on if I beleive in the product and how great I think it will be

I have several product ideas you can believe in - I am sure of myself. We are both innovators - we should brain storm one day just for the fun of it.

Send them to my website & I'll take a look (http://www.lorigreiner.com/contact-us.html)

What makes the perfect pitch?

Confidence but not cocky, knowing your product and numbers inside out, passion and excitement, believeability, no lying.

I really dig your attitude on the show and reading your responses to the questions on this AMA just verifies that sentiment. Also, it doesn't hurt that you're cute as a button.

If you're ever in New Orleans, hit me up, k? ;)

Thanks so much!! Will do;)

Thanks for the compliment!

How do you feel that there are two women on Shark Tank, and they rotate between you whereas there are always 3 guys on the panel? (i.e. you and Barbara may be the same person because we never see you together)

Big fan of the show, BTW, and you are great on it.

thanks so much. I have to leave that to our great producers of the show. They know what they are doing - we have a great show people love.

my parents love Shark Tank, they religiously watch it every week, and refer to you as the Nice One.

what is the best and worst product/invention pitched on Shark Tank that was not aired?

Aww thanks so much to your parents. Unfortunately I can't talk about what hasn't aired because it could still possibly air.

what was your first investment?

On Shark Tank, I believe it was ReaderRest.

What advice would you have given a teenager version of yourself about the business world? I'm a teenager (and very interested in business), so I'm sure some of this advice could really help me!

Absorb everything you can, ask a lot of questions, keep thinking, be creative, think outside the box, and don't take no. Think - how can I? Hear what people tell you, and learn from mistakes. Don't wallow in them.

How many pitches do you guys film in 1 day?

We hear 6-10 pitches each day we film. Each range from anywhere between 30 minutes up to 2 hours! The length of each pitch determines how many we hear that day.

Can I just be your personal assistant? I'm graduating next May.

talk to my personal asst. :)

What is your favorite book?

The one I'm writing...soon to be your favorite too! I liked plays written by Tennessee Williams and Harold Pinter.

I am a huge fan of you and the show.

I am curious how the sharks evaluate the companies. Do you (or your analysts) get a profile of sorts that reviews the business model/stats/financials before the show? Or is it on the spot as the entrepreneur shares data with you? If so, do you verify the model/financials afterwards?

Thank you so much. We know nothing about any of the entrepreneurs who come onto the show. The moment we first see them is the moment we find out what they are pitching and who they are. If a deal is made, there is due diligence done afterwards to make sure everything that is stated is truthful.

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we go through the due diligence phase, and get to know each other.

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Everything has its own importance and having the best of both worlds makes for the perfect partner.

Hey, you look really great on the show! How does one go about presenting a product on the show?

Thanks so much! Go to the ABC website, they have a submittal pg.

I'm a Canadian entrepreneur. Can I audition on Shark Tank?

Not sure on that one.

in an interview you said that 'if I think it’s a winner, I will give 110% to get it sold.' do you feel that there is a product that you didn't give your 110% and now regret it because it could have been much bigger

No, I give it the best shot and if it doesn't work and it was given a great shot then it isn't the right product or maybe not what people REALLY want - so best to move on and be creative and come up with something else!

Do you own any software patents? What are you thoughts on software patents?

No Software patents

Most of the people on Shark Tank that get deals also seem to have viable business models that could easily find funding through either other venture capital companies, or even loans. Do you think the Sharks are offering fair deals?

I do think the sharks are offering fair deals most of the time. Just getting a partner that can take you to high levels fast ism a big foot in!

On the show you're always saying you know instantly if it's a hero or a zero. What is it that helps you gauge what an idea/product is, and is it a lot of intuition?

Also, you're coming back for season 5 right? We need you on there permanently!

Thank you - yes I "think" there will be a season 5 and actually I am a permanant shark now, but I am guessing you mean you want me on every episode. I'll let them know ;)

Which product that you have invested in was most outside your comfort zone? What made you confident that it would be a success, despite your limited knowledge of the field or product?

frankly no product is really outside of my comfort zone that I've invested in. I have been in the manufacturing and retail arean making my own products for so many yrs and so diversified that i feel I can really make anything happen.

Which of the other four sharks do you admire the most from a business perspective?

Wow, I truly do like them all and respect them all for different reasons. They each have great strengths and personalities. Can't single one out.

What, in your opinion, was the most revolutionary product to upgrade living standards for women?

The bra ;) That's a big question - let me get back to you on that one.

Lori, I have the utmost respect for what you've accomplished! I was born and raised in Oak Park, IL and know you're a Chicago girl so I'm a big fan of you! Keep on keepin on!

I'm in the process of launching a product of my own and hope to bump into you someday on Shark Tank, QVC or just on the streets of Chi-Town!!! : )

Thanks so much...very sweet! Don't give up!

Lori, what is the best way to go about getting a patent? I have some ideas but I haven't really looked into having them patented yet.

I always suggest finding a good IP attorney.

Do you like turtles?

Live turtles or chocolate turtles? Actually my Father has a turtle named Myrtle :) He likes to eat bread!

BTW Myrtle lives in a man made lake.....

Stopped by your twitter account for weekly inspiration and saw your post - so I hopped on over - how are you and how is the foot?

The foot is much better. Thank you for asking and I'm hoping to get my cast off Monday.

I watched all the episodes there are. Which investment has given you the biggest return?

P.S. You're beautiful.

so gfar Readerest, but that was my earliest one! TX!

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I Love all my ST babies like my own children so no fav's. So far the most successful is Readerest the magnetic glasses holders, but that is also my oldest deal......so the others will soar and are and RR continues to.

Proof?

Also.. were there any ideas you regret not investing in that were featured on the show?

No regrets - i never look back!

Hi Lori

George in Alaska. I am a product developer/inventor here in Alaska. Would you be able to work with me even though I live in The Last Frontier?

I never turn my back to anyone who is a good person with a great idea. That being said, you are pretty far away from me...and too cold up there!

Do you ever watch Dragons Den ( the Canadian version of Shark Tank)?

Also what would you say is the greatest words of advice you've received to date?

I can tell you "my" best words of advice, don't let people tell you you can't do something - if you beleive in it and yourself you will make it happen!

Do you think it's possible for businesses to behave ethically and become massively successful when their value is solely measured by the profits they create and not the social goods they provide us with?

Having ethics and providing a good product is a very large part of being successful. I don't measure success solely by how much profit a product has/will make.

What is the best thing that you have ever seen on the show?

I love all my Shark babies like my children - can't pick favorites. I have some great new deals coming - my new episodes are 2/22, 3/8, 3/29, 4/12, 4/26, and likely 5/17. And also check out The View tomorrow at 11:00am EST/10:00am PST for a sneak peak!

Are the investments on Shark Tank solely your discretion or do you work with a financial advisor(s)?

I do not work with a financial advisor

Is there any product or idea you feel is amazing that you never got around to doing and wish someone would pitch to you?

Thanks for doing this !

I never look back and all the products I wanted to make a deal with, I was able to do so.

Did your PR adviser suggest this interview? Also, judging from a lot of the responses, did s/he also answer the questions?

No, 2 fellow Redditors who did a deal with me on Shark Tank helped bring me into the fold. They sat me down and trained me how to answer - I insisted on answering all questions personally. They help assist me though when posting links, pics, etc. I'm revealing who they are this Friday on The View! Anyone care to guess who they are?

Are you opposed to the current US patent system (a la Cubes)?

Well, I have 112 US & International patents so not too opposed to the system ;) While the system isn't perfect, it has protected and served me well.

1. I think you're absolutely pretty. What can I do to get you on a date with me?

2. Does body language, tonality, confidence and other subtle traits of a contestant play a role in your investing decision?

You'll have to take that up w/ my husband ;) Confidence and body language is very important and how one presents themselves does come into play when thinking about investing in someone/product.

Would you rather fight 1 shark sized duck or 100 duck sized sharks?

1 shark sized duck...one of my fav quotes is "An army of sheep led by a lion will defeat an army of lions, led by a sheep every time!"

Hey Lori! Jon here, I was just wondering what I should do, if I have a revolutionary idea for a product? I have no idea where to begin! Haha

Watch Shark Tank ;) It's a great teacher!