lori greiner business

With a career spanning over 20 years . Most stock quote data provided by BATS. With so many people launching new startups, savvy business investors like Shark Tank 's Lori Greiner are speaking out and advising entrepreneurs on how to be successful in this digital age. Related: Barbara Corcoran: 'Failure is what I'm best at''. Within three years, the business was making more than $10 million. FiberFix Heat Wrap As of 2020, Greiners net worth is estimated at $150 million. She has also appeared on its spin-off, Beyond the Tank. Barbara Lampugnale appeared on Shark Tank season 3 to pitch her product Nail Pak and signed a $50,000 deal with Lori Greiner to expand the Nail Pak product line last year. I . Diane Bondareff | Invision for Staples | AP Images) Shark Tank's Lori Greiner talks about innovation at a small business panel hosted by Staples, Tuesday, April 7, 2015, in New York. She eventually appeared on other programs, which earned her the moniker "Queen of QVC. Although Greiner isn't the richest Shark Tank member, she ranks among the wealthiest people on the program. Many years ago, In order to peruse her college education, Lori Greiner has taken student education loan of $34,000. [7] Her many appearances on the network led to her nickname, "The Queen of QVC". Her best investment is sponge company Scrub Daddy. Her investment inScrub Daddy, which she made in 2014, is regarded as one of Shark Tank historys biggest successes. Lori Greiner, dubbed the "Shark with a heart" and one of the star investors on ABC's " Shark Tank ," shared some advice for these entrepreneurs during this difficult time. "You find a way. She weighs 59 kg. She is an investor on the reality ABC TV series Shark Tank. For the first . ", Her smart inventions even landed Lori her own show on QVC "Clever &Unique Creations by Lori Greiner" which premiered in 2000. ", Perhaps it would not be surprising to learn that Lori and her husband are hard workers. Everything seemed like business as usual until Greiner received a call from a 60-year-old lady named Deborah from Dearborn, Michigan, who began placing an order for the 500 kilos of heroin. Greiner promotes the products on her show on QVC and other platforms. There are over 16 real estate properties under Lori Greiners ownership, through which she receives rent income each month. Dan Greiner is Lori Greiner spouse. She has been dubbed the "Queen of QVC" since the debut of her show, Clever & Unique Creations, in 2000. "I thought, 'This is going to be big,'" Dan told Crain'sChicago Business newspaper in 2009 (via Closer Weekly). And yet, in this instance he was on board from the minute I told him about my idea," she wrote. Itll be interesting to see if Lori will be able to bounce back from this one! Nail Pak After Shark Tank Update. January 8, 2023. The two have known each other since the mid-90s well before all the fame and wealth and Dan was among the first few people who really believed in Lori and supported her dreams. Facebook: thebiographyscoop 60 Count (Pack of 1) 3.8 (20,681) $2095 ($0.35/Count) $18.86 with Subscribe & Save discount. Notify me of follow-up comments by email. Instagram: biographyscoop. Embarrassing: Dads Going On A Rant About Elizabeth Holmes, But He Keeps Calling Her Elizabeth Smart, And Like Half The Stuff Hes Saying Is Actually About Casey Anthony, Taking A Stand: Minka Kelly Has Announced That Civil War Generals Who Fought On The Confederate Side Aint Getting None Of This, Passing The Torch: Bruno Mars Has Taken Over For Michael Jackson As The Singer Who Exclusively Befriends Children And Looks Incredibly Sick, The Darkened Cave Of Ignorance: This Toddler Does Not Know About 11. [1] She majored in communications at Loyola University Chicago and worked for The Chicago Tribune while in college. So her first product through which she made money was jewelry. This is definitely a major setback for the Shark Tank star. Lori Greiner is a television personality, inventor, and entrepreneur from the United States. The trio agreed to a $600,000 . Lori Greiner is active on social media such as Facebook, Twitter, and Instagram account. Hence, she pulled out a deal that was a little controversial, and still, their relationship is not good. It was cash-flow positive within two months, and brought in. One of the United States' most celebrated entrepreneurs was just implicated in a major scandal that may very well tarnish her legacy forever: Lori Greiner was arrested by the FBI after attempting to sell 500 kilograms of heroin live on QVC. From season 1. Since designing her first invention in 1996 - an earring holder she then sold at J.C. Penney and on the Home Shopping. Greiner has hundreds of inventions and holds 120 patents. Dan continued to be supportive even as Loritook out a hugeloan against their house to kickstart her business. According to reports, Dan was employed as an assistant controller at Bell & Howell Co. Business moves should be made wisely, but Greiner warned small-business owners that it is possible to overthink decisions. [4][5] In addition to jewelry storage, she has patented consumer products in categories such as cosmetic organization, travel, electronics, and household items. Lori also invested in a product called the sleep styler. Lori's dad worked as a real estate developer while her mother was a psychologist. Lizzy Caplan Bio, Age, Husband, Net Worth, Inside Job, Castle Rock, Movies, Tisha Campbell Bio, Age, Husband, Children, Uncoupled, Net, Movies, Cassi Davis Bio, Age, Family, Boyfriend, Net Worth, Movies, TV Shows. The technical storage or access that is used exclusively for statistical purposes. Privacy Policy Cookie Policy, Sponsored Content by Business Blurb Books, Lori Greiner has created many consumer products including cosmetic groups, household itemQVCs, travel, electronics, and jewelry storage. Thanks to her tenacity (and the redial button), JCPenney's (JCP) buyer told her if the product did well in Chicago's stores over the holidays, they'd go national. [6] On the Shark Tank episode originally airing in October 2012, Lori Greiner made a 20% equity stake deal with Krause for $200,000. Lori Greiner is an early investor in Shark Tank who has raked in benefits over the years. Website: Biographyscoop.com Seriously, this is the most incredible heroin youre ever going to findyou cant get this one the streets. Lori Greiner spent her early life in Chicago and they well well to do. Her bra size is 34c. Lori Greiner markets her cosmetic products to her followers, thereby saving hundreds of thousands in marketing costs and earnings millions of dollars. "You do get those late-night phone calls." Copyright 2023 Market Realist. While she was still in college, Greiner landed a job with the Chicago Tribune and dreamed of being a playwright. All rights reserved. She eventually appeared on other programs, which earned her the moniker "Queen of QVC. Her father was a real estate developer and her mother was a psychologist. Disclaimer. The sleep styler helps to dry and style the hair while the user is asleep. Either way, youre getting uncut top-shelf dope at black tar prices. She is a self-made multi-millionaire, and her riches continues to grow every year. She is a fan of the reality television show Shark Tank and its spin-off Beyond the Tank. To date she has created over 1,000 products and secured over 120 U.S. and international patents. After being in the relationship for several years they got married. "When you have a dream, persistence pays off," she said. Dividend and interest income of Lori Greiner is an additional $550,000. FlexScreen is a patented window screen that can be squeezed and popped into place. In an interview with Forbes, Lori shared advice for aspiring female entrepreneurs who wish to emulate her success. She first appeared on television on the Home Shopping Network and later transitioned to QVC. What is Lori Greiners net worth and how does her net worth compare with other Shark Tank investors like Mark Cuban? Sources also claim that she has a Mercedes SLS AMG worth around $220,000 and luxury home costs around $672,000. Her activism at the university made her take part in different programs and shows which helped her in future years. The episode aired in November of 2014. She then moved to QVC, where she launched Clever & Unique Creations, one of the networks longest-running shows, in 2000. Greiner appeared on the American television show Shark Tank in 2012. Lori Greiner majored in communications at Loyola University Chicago and worked for The Chicago Tribune while in college. During the previous twelve months, Lori Greiner has made a gross sales of over $120 million and earned a profit of up to $38 Million dollars. Many of Greiners Shark Tank investments have paid off well. Lori Greiner, born on December 9, 1969, is an American television personality, inventor, producer, humanitarian, and entrepreneur. Its founder, Charles Michael Yim, raised $1 million in 2013 from Kevin O'Leary, Mark Cuban, Daymond John, Lori Greiner and Robert Herjavec, who got 30% equity. Her business nets her about $5 million, and each episode of Shark Tank nets her $50,000. The same year she published the bookInvent it, Sell it, Bank it! Here's more about Dan and how he helped his wife become the businesswoman extraordinaire she is today. The technical storage or access that is used exclusively for anonymous statistical purposes. (She majored in communications.) Some of her various books include. Unfortunately for Greiner, however, halfway through placing her order, Deborah from Lincoln revealed that her real name was Nancy from Lincoln, and that she was an undercover agent for the FBI. She was diagnosed with breast cancer in November 2009 and underwent surgery on December 9th, 2009, exactly two years after Joanne. Here are some of Lori Greiners most successful investments on Shark Tank. Investor and author Lori Greiner is passionate about . She is married toDan Greiner. The other sharks, Robert Herjavec and Barbara Corcoran have a net worth of $200 million and $80 million, respectively. ClickHole uses invented names in all of its stories, except in cases where public figures are being satirized. He brought in a woman named Natalie. However, Lori Greiner has big loan of $20 Million couple of years ago, for her business expansion needs and also venture into media industry. [1][2], "Neat trick: patenting her way to wealth", "Lori Greiner marks a tidy 10 years on QVC", "Lessons From the Shark Tank: Lori Greiner Shares Advice, Inspiration and a Season 9 Sneak Peek", "A Grueling 22-Hour Workday In The Life Of A QVC Host & 'Shark Tank' Judge", "IP Protection: Not Just for Techies-November 2011", "Top 10 best-selling 'Shark Tank' products", "Who profits the most from 'Shark Tank' success? from selling jewelry storage sets in the 90s. Lori Greiner's net worth is estimated to be about $100 million, as of 2019. In 2014, Lori Greiners investment in Scrub Daddy, a company that produces a texture-changing household sponge, was regarded as one of the biggest successes in Shark Tank history. ", a thousand products and about 120 patents, Invent it, Sell it, Bank it! All Rights Reserved. She helped sell over 42,000 sponges in less than seven minutes on QVC. Born in 1969, Greiner is the second daughter of a psychologist and a real estate developer. One of them is the company, For . Lori Greiners net worth is $150 million due to her successful career as a product designer, television host, and investor. Lori Greiner also owns an investment portfolio of 15 stocks that is valued at $35 Million. Shop Lori's Top 'Shark Tank' Products Is Julia Rose The Inspiration Behind Jake Pauls Career Success? Market Realist is a registered trademark. She was able to sell more than two million sponges. The idea was initiated by mother and daughter Gloria Hoffman and Linda Clark. Being a successful entrepreneur runs in Lori Greiner's blood. Age, Parents, Siblings, Family, Ethnicity, Nationality, Lori Greiner:Rumors, Controversy/Scandal, Social Media: Facebook, Instagram, Twitter. [9][10] Greiner's other early Shark Tank investments include Bantam Bagels (which was fully acquired by T. Marzetti Company in 2018),[11] Squatty Potty,[12] ReadeRest,[8][12] Paint Brush Cover,[12] Hold Your Haunches,[12] Drop Stop,[12] FiberFix,[12] Simply Fit Board,[4] Sleep Styler,[9] and Screenmend. All rights reserved. The couple married in 2010. She has been dubbed the Queen of QVC since the debut of her show, Clever & Unique Creations, in 2000. Her salary as a Shark Tank cast member also contributes to her net worth. According toCountry Living, Lori and Dan Greiner first met at a local sports bar in Chicago while Lori was a student at Loyola University. CA knowledge offers Net Worth, taxation, Banking & financial solutions to individuals, businesses, and organizations all over the world. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. The Shark Tank investor put in over $350k to help Squatty potty reach $164 million in sales. An ace inventor, entrepreneur, humanitarian, investor, and author, Lori Greiner has accumulated a net worth of $150 million thanks to her various career pursuits. Meet the Warm Blooded Shark 1,000Products 120Patents 90%Success Rate The Warm Blooded Shark Shark Tank - Fridays on ABC "It's thoughtful, looking up in the sky, with a slight smile like she just figured something out By dinner, she'll be writing it on a piece of paper. She is a fan of the reality television show Shark Tank and its spin-off Beyond the Tank. She took risks when others would not. "She has been with me for 18 years," said Greiner. She has invested more than $10 million in Shark Tank companies. Greiner sold the product at JCPenney, Home Shopping Network, and other channels. In the 1990s, she invented a plastic box for storing earrings. She reportedly has invented more than 400 products and holds 120 patents. Sources also claim that she has a Mercedes SLS AMG worth around $220,000 and luxury home costs around $672,000. Lori Greiner hasnt inherited much wealth from her family. Their sales had gone from $200,000 to $2.1 million after they expanded into 400 Starbucks locations. She is best known for her role on the ABC reality television series "Shark Tank," and its spin-off "Beyond the Tank.". Greiner talks about how her husband has supported her career. Investments [ edit] The total rental income earned by Lori Greiner is over $1 Million USD annually. The aim of the project was to make going to the bathroom an experience to look forward to. Lori Greiner is one of the most successful inventors and entrepreneurs, best known for her investments, which she makes in the hit entrepreneurial business show Shark Tank. Her net worth has since ballooned to a staggering $150 million, and while Lori might not be the richest investor on "Shark Tank," the "Queen of QVC" may have the best track record on the show, having invested in half of its most successful products, including Scrub Daddy. in March 2014, Lori Greiner authored the book Invent it, Sell it, Bank it! When he took his invention to "Shark Tank" on season 6, Greiner offered Squatty Potty $350,000 for a 10% stake in the business. Initially, Greiner worked forThe Chicago Tribune during her college days. After majoring in communications at Loyola University, Lori Greiner worked as a playwright and jewelry designer for a short time. Greiner hit her first million dollars. $6.01. Not only has her merchandise been confiscated into federal custody, but she must now miss several tapings of her QVC show as she awaits trial for possessing and distributing a Schedule I controlled substance. $50.01. She invested over $200,000 for a 20% stake in Scrub Daddy in 2012. Entrepreneur, TV personality, Inventor, Author. Lori Greiner is one of the most successful inventors and entrepreneurs, best known for her investments, which she makes in the hit entrepreneurial business showShark Tank. Lori Greiner has come a long way since embarking on her first business venture some 26 years ago. "I felt certain that an earring . With the help of a $300,000 loan, Greiner created a professional prototype and pitched JCPenney. Greiner saw great potential in the business which later garnered over $1.25 million at that time and $160 million in lifetime sales. Lori Greiner also has over $32 Million in Bank Deposits and Government Bonds, through which she receives annual interest and dividend payments. Design, packaging and manufacturing -- she rushed through it all in four months. "When the episode aired in October 2012, the business exploded and it hasn't slowed down since." Today, Scrub Daddy is nipping at the heels of its competitors as the third-largest sponge company in the US. Lori Greiner husband. Throughout it all, Joanne was there for Lori. In the 1990s, she invented a plastic box for storing earrings. In 2000, she launched her showClever & Unique Creations by Lori Greineron QVC-TV and continued to host 18 years. Not only has her merchandise been confiscated into federal custody, but she must now miss several tapings of her QVC show as she awaits trial for possessing and distributing a Schedule I controlled substance. Greiner then gestured toward a 500-kilogram stack of pristine white heroin and informed viewers that she was about to offer them a once-in-a-lifetime deal. Latest Personal Finance Guides News and Updates. Lori Greiner: Net Worth, Income She has made a respectable position in America as an investor, and entrepreneur and has an estimated net worth of more than $150 million (estimated) as of 2022. She has also spent nearly 20 years selling. "The big thing for me is I never think about myself as a female in business," the Shark Tank star investor says. Related: 15-year-old steps down from startup because high school. This was 1996, and there wasn't an Internet like what we have today, so she used the Yellow Pages and a book listing department store buyers to cold call people. Inventor, entrepreneur and Shark Tank personality Lori Greiner advises against putting your unprotected idea online. People may receive compensation for some links to products and services on this website. She is best known as a cast member of the reality TV show Shark Tank and has been called "The Queen of QVC". Laurie Greiners net worth is $510 Million USD. Offers may be subject to change without notice. The content is intended to be used for informational purposes only. Lori Greiner gets real about pitching. Important Disclaimer: The views, information, or opinions expressed by Business Blurb contributors are solely those of their own and do not necessarily represent Business Blurb. [3] She is married to Dan Greiner. During college time, she started having an interest in jewelry and she even used to sell those. The book reached 3rd position on the Wall Streer Journal bestseller list. Any other use of real names is accidental and coincidental. You havent proven this, but I also look at it as your family, and you dont have a lot of experience in the consumer product world.. After her parents divorce, she began living with her Psychologist mother. But that didn't stop her. Back to collections. Also know more about the early life, career, net worth, relationships, and controversies of other inventors, entrepreneurs, and television personalities including Alexis Skyy,Elena Moussa,Quincy Brown,Caroline Stanbury, and Karen Huger. Later, Dan left his job and joined Greiners company as a manager. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Greiner says her enthusiasm. At this point the phones started ringing off the hook as hundreds of QVC viewers scrambled to get in on the deal. Her blue eyes and blonde hair provide a perfect complement to her astounding beauty. Her nationality is American and her ethnicity is Caucasian. Aside from great skills, Lori also has a. Lori Greiner's most successful deal made on The Shark Tank to date is the "ReadeRest" which She invested $150,000.00 for 65% of this unique business idea. Lori Greiner is married to Dan Greiner. We dont spam! She helped sell over 42,000 sponges in less than seven minutes on QVC. She has also spent nearly 20 years selling products on QVC that she has either invented or invested in. Though Greiner has experienced incredible success in her career, and she's also experienced incredible sexism. When a crowd gathered, he'd come over and say, "That looks pretty cool. The magnetic eyeglass holder was a simple and ingenious solution to an age-old problem. She has a blue eye color and blonde hair. Business Blurb is a forward thinking entrepreneurial media company that strives to educate, inform and empower global business minds by providing a fresh approach to content. Make Your Million Dollar Idea into a Reality. Lexi Hidalgo Is Social Medias Change Ambassador, Talen Battles Is Spreading Happiness Across Social Media, Eddie Hearn Backs The Paul Vs McGregor Fight For 2022, Ferrari Pens A Multiyear Deal With Velas Network Ag, Africas View On Why Crypto Is Important In The World, Paris Hilton Becomes The Latest Celebrity To Enter The Metaverse. giving her the confidence to get a $300,000 bank. Mark Cuban and Lori Greiner invested a total of $300,000 in 2016. The problem was she didn't actually have a product, and it was already August. Lift Out Silver Safekeeper Jewelry Box - BLACK $99.99. The book offers entrepreneurs a guide on how to make good money from their ideas. A great believer that, if you are lucky enough to be successful, you have a responsibility to give back and Lori has been committed to doing so. Lori shares stories from her journey to success to inspire and educate others on how to stay true to their vision and achieve more in their own lives. NFT And Esports Could Be The Most Interesting Collaboration Of 2022, Violet Benson Is The Surest Relationship Plug, Marius Sperlich Is Lowkey Promoting The NFT Culture, Sponsored Content by Business Blurb Merchandise, Loyalty Above All Is The Next Big Name In Sports Representation, Countries Set To Try Cross-Border Digital Payments. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Whether trying to get a business off the ground or getting it to turn a profit during the pandemic, small business owners have plenty of questions right now. You Can Still Buy This "Millionaire Maker" Stock, Bitcoin Up 30,000X -- Here's Your Backdoor In, This Stock Could Be Like Buying Amazon for $3.19, These are your 3 financial advisors near you, This site finds and compares 3 financial advisors in your area, Check this off your list before retirement: talk to an advisor, Answer these questions to find the right financial advisor for you, An Insane Card Offering 0% Interest Until Nearly 2020, Transferring Your Balance to a 14-Month 0% APR is Ingenious, The Top 7 Balance Transfer Credit Cards On The Market Today, Get $300 Back With This Outrageous New Credit Card. Currently, Greiner and her husband don't have kids. Email: Im going to inject this 500-pound behemoth with just a few grams of this incredible heroin, and in a matter of seconds its going to sedate him into a blissful stupor. The QVC host then injected the syringe of heroin into the gorillas arm and the gorilla slumped over unconscious. The sales from Lori Greiners book Invent It, Sell It, Bank It!, which is a national bestseller, also contribute to her net worth. 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[3][1] The same year, she created and patented a plastic earring organizer; J.C. Penney picked up the product before the holiday season, allowing her to pay off her $300,000 loan in 18 months. Lori is married and due to their busy schedule the couple do not have any kids yet. Lori Greiner also owns aLamborghini Aventadorthat cost her$1 Million USD. From designing an earring organizer, which she sold at J.C. Penney and on Home Shopping. She has more than 4.78 million followers on her Facebook account, around 1.8 million followers on Twitter, and she has about 972k followers on her Instagram account. Pitched by Judy and Bobby Edwards in season six, Squatty Potty was a footstool created to boost posture. Having been influenced by strong, powerful, and influential women like Oprah, Sara Blakely, and Arianna Huffington, who have been leading the charge for women entrepreneurs for years, Lori. Lori Greiner markets her cosmetic products to her followers, thereby saving hundreds of thousands in marketing costs and earnings millions of dollars. The couple reportedly works together in an office in Chicago, where they even share a desk. Lori Greiner (born December 9, 1969) is an American television personality and entrepreneur. : Make Your Million-Dollar Idea Into a Reality. She is a famous name who is known for investing in businesses across several platforms. She majored in Communications from Loyola University Chicago. As a businesswoman, Lori Greiner is married to the manager of Loris company Dan Greiner in 2010. Greiners largest investment from Shark Tank so far was $600k for a 9% stake in RuffleButts and Ruggedbutts, an apparel brand. Mark Cuban, with a net worth of $4.3 billion, is the richest Shark Tank member. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. Shark Tank is a hit entrepreneurial business show, on ABC, where she invests in companies and helps turn peoples dreams into a reality. "I'm not all gung-ho woman power," she told the newspaper. The earrings organizer became a huge hit and made Greiner her. Greiner hit her first million dollars. Find a Mentor "Mentors don't have to be the Daymond Johns or the Mark Cubans. Joining the panel in 2012, Greiner was actually offered a seat in the Tank for the show's . Copyright 2021 Business Blurb LLC. Lori Greiner. Prior to appearing on the show, Hopper's product revenue was somewhere around the $65,000 mark. She is an entrepreneur, inventor, and television personality, known for Shark Tank (2009) and Beyond the Tank (2015). Lori Greiner is a television personality, inventor, and entrepreneur from the United States. She invested over $200,000 for a 20% stake in Scrub Daddy in 2012. Mike Gutow pitched his company Legacy Shave, a shave brush that comes with shaving cream to help reduce mess. This is pure white powder made from all-organic Southeast Asian poppies, and when it hits your brain youre going to feel like a god. After Lori Greiners success with J.C. Penney, Lori Greiner expanded her company, with her product appearing on Home Shopping Network and in the retail store Bed, Bath and Beyond. Greiner is one of the most successful businesswomen and inventor. Lori Greiner is an American television personality, inventor, and entrepreneur. Lori Greiner is a woman who knows a thing or two about entrepreneurship. Since then the company has made more than $200 million in sales. Greiner studied journalism at Loyola University in Chicago. She started with one idea and eventually turned it into a multi-million dollar international brand. Perhaps Lori should thank her husband Dan Greiner for helping her overcome her own fears when she was starting out as a young entrepreneur herself. She was born in 1969 in Chicago, Illinois, United States. She holds more than 100 U.S. and international patents. J.C. Penney purchased the item before the holiday season, allowing her to repay her $300,000 loan in eighteen months. Mark Cuban, left, and Lori Greiner invest $450,000 for 6% of Adrian Zhang and Justine Tiu's company, The Woobles. 5. This borrowing is currently outstanding with Morgan Stanley and is included while calculating the Lori Greiners net worth. [4][8], In 2012, Greiner joined the U.S. TV series Shark Tank. With a 90% success rate on all investments, Lori has some wisdom to share with the world. Her parents split when she was 8 years old. This was also one of the reasons which pushed Lori also to become an entrepreneur. In her 2014 book, "Invent it, Sell it, Bank it! from selling jewelry storage sets in the 90s. All that being said, you dont have many sales. Save. Her body measures 37-26-37. Lori reminds entrepreneurs on Shark Tank about the impact the business will have on family life, despite the fact that the couple does not have children. He covers cryptocurrencies, blockchain technology and cannabis industry growth. But every time she asked the attorney a question, he would turn to Dan with the answer. From everyones most comfortable but never seen or shared room, we take a fun peek inside a whole different world in the most relaxed, organic and intimate way from Bed!

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