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$1M in Year One: How Lisa Lane Turned a Shower Idea Into an Amazon Bestseller


Episode 262


Have you ever thought, "there's got to be an easier way to do this?" That's exactly how Lisa Lane's million-dollar idea for Rinseroo was born. And unlike some entrepreneurs who spend years planning, she created a prototype, did her research, and started building a brand.

In this episode, Lisa shares the e-commerce strategy that helped them hit $1M in sales year one, how Rinseroo uses social media to stand out among big-name competitors, and the unique challenges that come with growing a top-selling product.

Topics discussed:

Introduction (00:00)

The moment that sparked the idea for Rinseroo (02:04)

How Lisa turned her idea into a product (04:55)

Winning Lori Greiner's golden ticket on Shark Tank (07:38)

Achieving $1M in sales in their first year (10:26)

Rinseroo's e-commerce and social media strategy (12:27)

How they deal with copycats and counterfeit products (16:17)

Expanding the Rinseroo product line (20:31)

The impact of tariffs and how they're adapting (22:55)

Finding joy in entrepreneurship (24:54)

Resources:

  • Sending your child to college will always be emotional but are you financially ready? Take the College Readiness Quiz for Parents: https://www.mitlinfinancial.com/college-readiness-quiz/
  • Doing your taxes might not be enJOYable but being more organized can make the process less painful. Get Your Gathering Your Tax Documents Checklist: https://www.mitlinfinancial.com/wp-content/uploads/2024/06/Mitlin_ChecklistForGatheringYourTaxDocuments_Form_062424_v2.pdf
  • Will you be able to enJOY the Retirement you envision? Take the Retirement Ready Quiz: https://www.mitlinfinancial.com/retirement-planning-quiz/

Connect with Larry Sprung:

Connect with Lisa Lane:






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