FlaminGO offers pre-charged, portable phone chargers that are ready to use anytime. Stay connected on the go with this convenient and reliable power solution.
In today’s fast-paced world, staying connected is crucial. Whether you’re on a business call, navigating a new city, or out on a ranch like Smith Alan Baggett, a dead phone battery can mean the difference between success and frustration. Smith experienced this firsthand on his cattle ranch in Georgia, where the nearest power outlet was miles away, and the need for a portable charging solution became apparent.
Smith’s frustration led him to create FlaminGO, a pre-charged, rechargeable phone charger ready to use right out of the box. This game-changing product addresses one of the biggest problems of modern life: running out of battery power when you need it most. With a built-in three-in-one charging tip, It is compatible with various devices, including smartphones, tablets, and earbuds, making it an incredibly versatile accessory.
Not only does FlaminGO cater to individuals who are on the go, but it also ensures that charging on the fly is effortless, especially in places where access to traditional outlets may be limited, such as theme parks, sports arenas, vending machines, and other high-traffic areas.
But how did FlaminGO rise from a simple idea to a sought-after product on the market? The turning point came when Smith brought FlaminGO to Shark Tank in Season 16, where he pitched the product to the sharks. Here’s a detailed look into the pitch and the subsequent FlaminGO update.
Key Takeaways:
- FlaminGO is a revolutionary pre-charged portable phone charger designed for people on the go, providing an immediate solution for charging your devices when you’re away from home.
- The product features a built-in three-in-one charging tip compatible with various devices, including smartphones, earbuds, and small electronics.
- Smith Alan Baggett entered Shark Tank seeking $100,000 for 20% equity and successfully secured a deal with Barbara Corcoran for $100,000 for 22% equity.
- After appearing on Shark Tank, FlaminGO experienced a significant spike in sales and expanded its product offerings to include bulk orders, promotions, and corporate customization options.
- The company’s mission is to provide a reliable, quick-charging solution, especially in places where traditional charging sources are not readily available.
FlaminGO’s Net Worth in 2024:
By 2024, FlaminGO will likely have seen significant growth after its appearance on Shark Tank and the subsequent deal with Barbara Corcoran. With increased sales, retail partnerships, and growing demand for portable charging solutions, the company could reach a net worth of $5 million to $8 million. This assumes they continue their strong market presence, expand into more retail outlets, and capitalize on wholesale and custom branding opportunities.
FlaminGO’s Net Worth in 2025:
Looking ahead to 2025, if FlaminGO successfully scales its operations, extends its global reach, and maintains its steady growth trajectory, its net worth could be $10 million or higher. Factors such as new product lines, strategic retail partnerships, and ongoing demand for portable power solutions could boost FlaminGO’s valuation. With international expansion and further recognition, it could position itself as a leading player in the portable charging industry.
FlaminGO’s Pitch on Shark Tank
FlaminGO entered the Shark Tank arena with a simple yet powerful value proposition: a pre-charged phone charger that works right out of the package. Smith entered Shark Tank with a request of $100,000 for 20% equity in his company. During the pitch, Smith passionately outlined the pain points of today’s on-the-go lifestyle and how they provided an immediate solution by being ready to use the moment it’s taken out of the box.
The product was a departure from traditional power banks that require pre-charging. While traditional chargers need to be plugged into an outlet before they can be used, FlaminGO comes with a pre-charged battery, providing instant power for phones, earbuds, or any small electronic device. It comes with a three-in-one tip, compatible with micro USB, USB-C, and lightning connectors, allowing users to charge their devices without carrying around multiple cables.
Smith’s pitch also highlighted a major problem many consumers face: battery anxiety. Whether at a concert, sports event, or business meeting, people often find themselves without a charging option when their phone battery dies. FlaminGO addresses this issue by offering a rechargeable, sustainable solution that users can carry with them, ensuring they stay connected at all times.
While the sharks were impressed with the FlaminGO concept, they had several questions about its capacity and pricing. Lori Greiner was concerned about the battery life of FlaminGO and its ability to charge devices quickly, especially since the product has 3,000 milliamps, which is less than other chargers on the market that often boast 4,000 milliamps or more. Smith reassured her that the charger can fully charge an iPhone 10 and charge an iPhone 15 to about 70% in under an hour.
Smith revealed that FlaminGO had generated $318,000 in revenue in the past year despite only making seven sales deals, including a major deal with a convenience store chain, which had ordered 50,000 units for a test run. The sharks saw the potential for large-scale distribution, and Barbara Corcoran quickly jumped in with an offer of $100,000 for 25% equity.
Smith was reluctant to give up so much equity and countered with 22.5% equity, leading to a final offer of $100,000 for 22% equity, which Smith accepted, securing a deal with Barbara Corcoran.
FlaminGO Update After Shark Tank
Following Smith’s appearance on Shark Tank, FlaminGO saw a massive increase in sales, thanks to the exposure and validation provided by the show. The company capitalized on its newfound visibility by launching various promotional campaigns, such as “Buy 2, Get 1 Free,” and offering free shipping, encouraging customers to purchase in larger quantities.
In addition to increasing its direct-to-consumer sales, FlaminGO expanded its offerings to include bulk purchases. The company started offering chargers in packs of 1, 3, 5, or 10 units, catering to both individual consumers and businesses. This move opened up new revenue streams and provided a scalable solution for companies and events looking to offer portable chargers to their customers.
Corporate Customization
One of the exciting developments in the FlaminGO post-Shark Tank update is the addition of customization options for corporate clients. Businesses can now purchase FlaminGO chargers in bulk, customize them with their own branding (logos, colors, and packaging), and use them as promotional giveaways or resale products. This customization feature has proven to be a valuable tool for companies looking to engage their customers or clients with practical and branded gifts.
Retail Expansion
The success of FlaminGO on Shark Tank has also resulted in significant retail partnerships. The company has expanded its reach beyond direct-to-consumer sales on its website and Amazon. Currently, It is available in many theme parks, sports arenas, and vending machines where people often need charging solutions on the spot. Additionally, FlaminGO is looking to expand into more brick-and-mortar retail stores, such as convenience chains and electronics retailers.
Sustainability and Eco-Friendly Features
An important aspect of FlaminGO that sets it apart from its competitors is its rechargeability and sustainability. Unlike traditional disposable chargers that are often used only once and discarded, FlaminGO can be recharged via a USB-C port, making it a more eco-friendly choice. This feature helps reduce e-waste, contributing to a more sustainable solution for consumers who are concerned about the environment.
Future Growth and Opportunities for FlaminGO
Looking ahead, FlaminGO has a clear roadmap for growth. Smith and Barbara Corcoran are focusing on expanding their retail presence and reaching more consumers. The company plans to scale its operations by increasing its production capacity and pursuing international distribution. Smith sees great potential in global markets, especially in countries where on-the-go charging solutions are in high demand due to the increasing use of mobile devices.
Moreover, FlaminGO continues to focus on developing new product iterations that provide added value to its customers. Whether through enhanced battery life, more customizable options, or improved charging speeds, the company is dedicated to innovating in the portable charging space. As consumers become more reliant on their devices for both personal and professional use, They aims to stay at the forefront of mobile power solutions.
Conclusion: FlaminGO’s Impact on the Portable Charging Market
In conclusion, FlaminGO is an innovative product that has successfully carved a niche in the crowded world of portable chargers. Its pre-charged, rechargeable design addresses a critical need for people without power in situations where charging outlets are unavailable. Thanks to its appearance on Shark Tank and the deal with Barbara Corcoran, FlaminGO is now poised for significant growth and success.
As the company expands its product offerings and retail distribution, FlaminGO continues to deliver a reliable and sustainable charging solution for individuals on the move. The future looks bright for FlaminGO, and we’re excited to see where it goes from here.
For the latest updates from Shark Tank Season 16, Episode 11, explore the links below:
- LECTEC UPDATE
- JOYBELLS UPDATE
- BUMPEEZ UPDATE
Before you go, make sure to check out our list of all the Shark Tank Season 16 products.
