Mitlin Money Mindset
$1M in Year One: How Lisa Lane Turned a Shower Idea Into an Amazon Bestseller
Key Takeaways
- How Lisa turned her idea into a real product
- The impact of winning Lori Greiner’s golden ticket on Shark Tank
- What helped them achieve $1M in sales in their first year
- Rinseroo’s e-commerce and social media strategy
- How they deal with copycats and counterfeit products
- How they're the Rinseroo product line
- The impact of tariffs and how they’re adapting
- How to start your own entrepreneurial journey
Meet the Guest
Lisa Lane
Lisa Lane is the inventor of the Rinseroo brand and President of Lane Innovations, a woman-owned company that transforms everyday problems into innovative, patented solutions. With 6 patents to her name, Lisa has broken through barriers in the male-dominated world of inventing and e-commerce. Her flagship product, the Rinseroo slip-on shower hose, won the Golden Ticket on Shark Tank this year. She started it all with no background in manufacturing, just an idea that came to her in the shower. Lisa is passionate about inspiring other entrepreneurs—especially women—to dream big, take risks, and turn ideas into reality.
Show Notes
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.
Resources
Sending your child to college will always be emotional but are you financially ready?
Doing your taxes might not be enJOYable but being more organized can make the process less painful.
Will you be able to enJOY the Retirement you envision?
About the Podcast
Welcome to Mitlin Money Mindset®️! With your host, Larry Sprung, CFP®️, Founder and Wealth Advisor at Mitlin Financial Inc®️. With over 20 years of experience as an entrepreneur in the financial services industry, Larry thrives to help you achieve your goals while finding JOY in the journey.
Each week, he’ll go deep with engaging guests who provide tangible takeaways and a whole lot of JOY along the way. Here, we don’t just talk about money; we celebrate it as a catalyst for JOY and possibility. Whether you’re saving for the future, planning your next big adventure, or just looking to add some spark to your daily money management, you’re in the right place.
We hope you enJOY these conversations as much as Larry enJOYed having them. And remember to ask yourself, what did you do today that brought you joy?®️