Many people often find themselves in situations where their phone battery dies at the most inconvenient times. This can be frustrating, especially when you need to make an important call, send a message, or use a navigation app.
To solve this common problem, entrepreneur Smith Baggett created the FlaminGO Charger. This is a pre-charged, compact, and rechargeable device designed to keep your phone powered anytime, anywhere.
In this episode of Shark Tank, Smith presented his innovative solution to the Sharks, hoping to secure a deal to expand his business. The entrepreneur asked for $100,000 in exchange for 20% equity in his business. Did the entrepreneur get a deal on Shark Tank? Check out our FlaminGo update to find out!
FlaminGo Net Worth Shark Tank Update 2025
Smith Baggett asked for a $100,000 investment in exchange for 20% equity in his company, valuing FlaminGO Charger at $500,000. He made a deal with Barbara Corcoran for $100,000 in exchange for 22% equity, adjusting the company’s valuation to approximately $454,545. After the show aired, FlaminGO Charger saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate, the current net worth of FlaminGO Charger in 2025 is about $500,000.
As for the FlaminGo update, after appearing on Shark Tank, the FlaminGO Charger gained significant attention. The exposure from the show led to increased sales and interest from consumers looking for reliable portable charging solutions. The company continued to operate successfully, expanding its product line and reaching more customers. As of today, the FlaminGO Charger is still in business, offering its innovative charging solutions to a growing customer base.
Yes, the entrepreneur secured a deal on Shark Tank with Barbara Corcoran. All the Sharks were impressed with the product, but Barbara was the first to make an offer. She proposed investing $100,000 in exchange for 25% equity in the company. The entrepreneur countered with a request to lower the equity to 22.5%. After a brief negotiation, they ultimately agreed on a deal for $100,000 in exchange for 22% equity.
This marked a successful investment for both Barbara and the entrepreneur, setting the stage for FlaminGO Charger’s growth.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Barbara Corcoran | 1# $100,000 for 25% equity 2# $100,000 for 22% equity | $100,000 for 22.5% equity | Yes |
| Robert Herjavec | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Lori Griener | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
FlaminGo Shark Tank pitch
Smith Baggett, a fourth-generation cattle rancher and auctioneer from Pulaski, Georgia, grew up in a small rural community about 40 miles west of Savannah. While his roots are in ranching, his entrepreneurial mindset led him to develop the FlaminGO Charger. He recognized the common problem of phone batteries dying at inconvenient times and wanted to create a solution.
This led to the creation of a compact, pre-charged phone charger with a patented 3-in-1 tip that works with micro USB, USB-C, and iPhone devices. The charger is also rechargeable, making it a sustainable and reusable solution for everyday power needs.
Smith entered the Shark Tank confidently, presenting his FlaminGO Charger to the Sharks. He demonstrated how the compact, pre-charged device could provide an immediate power boost to various devices, highlighting its patented 3-in-1 tip compatible with multiple device types.
Smith explained that the charger comes pre-charged at 3000 mAh and is ready to use, making it convenient for on-the-go charging. Its rechargeable design allows for multiple uses and can charge most phones up to 80%, depending on the model. He emphasized the product’s compact and lightweight design, making it perfect for travel or daily use. Keep reading our FlaminGo update to see what happens next!
The Sharks had several questions about the FlaminGO Charger, focusing on its durability, pricing, sales, and the entrepreneur’s future plans. Here’s how the discussion went:
Barbara Corcoran wanted to know how long the charger would last. The entrepreneur explained that it could hold a charge for a couple of years when stored on a shelf. However, over time, the charge would gradually decrease, so it wouldn’t remain at 100% forever.
Lori Greiner was curious about whether the charger could be reused or if it had to be thrown away after use. The entrepreneur clarified that it was rechargeable and included a USB-C port for easy recharging.
Lori was surprised that it could last for years and asked if that was really the case. The entrepreneur confirmed that it would still work after a long time, but its power capacity would slightly decline.
Robert Herjavec asked about the selling price. The entrepreneur shared that the retail price ranged from $12.99 to $19.99, with theme parks selling it at the higher end.
Robert then asked about production costs. The entrepreneur revealed that it currently cost $3.65 per unit when shipped by boat.
Next, Robert wanted to know about sales numbers. The entrepreneur proudly shared that in the past year, sales had reached about $318,000.
Lori Greiner followed up by asking about the customers. The entrepreneur explained that sales had mainly been to a theme park and a major company that produces promotional products.
Robert then asked if the product had been sold in retail stores. The entrepreneur admitted that, apart from one case, all sales had been in the promotional product space.
Finally, Barbara Corcoran wanted to understand why the entrepreneur was looking for a Shark’s investment. The entrepreneur explained that the $100,000 would be used to attend trade shows, which could help expand the business. They had already attended one trade show with a $5,000 budget and saw promising results.
After hearing Smith’s presentation and responses, the Sharks shared their thoughts:
Barbara Corcoran liked the product’s practicality and saw potential in its mass-market appeal. She offered $150,000 for 25% equity. After some negotiation, they both agreed on 22% equity.
Mark Cuban appreciated the innovation but felt it didn’t align with his investment portfolio, so he decided to pass.
Kevin O’Leary was concerned about the competitive landscape and chose not to invest.
Lori Griener liked the product but felt it wasn’t the right fit for her and opted out.
Robert Herjavec admired Smith’s entrepreneurial spirit but was uncertain about the market potential and decided not to invest.
Product Availability
According to our FlaminGo update research, the FlaminGO Charger is available for purchase through its official website. The charger is pre-charged at 3000 mAh and is ready to use, making it convenient for on-the-go charging. Its rechargeable design allows for multiple uses and can charge most phones up to 80%, depending on the model. The compact and lightweight design makes it perfect for travel or daily use.
The FlaminGO Charger is compatible with USB Type-C, Micro-USB, and Lightning Cable ports. The company offers various purchasing options, including single units and multi-packs, to cater to different customer needs.
Conclusion
The FlaminGO Charger’s journey on Shark Tank showcased the challenges and triumphs of bringing an innovative product to market. Smith Baggett’s determination and problem-solving approach led to the creation of a practical solution for a common issue. Securing a deal with Barbara Corcoran provided the support needed to expand the business and reach more customers.
As of today, the company continues to thrive, offering reliable portable charging solutions to a growing customer base. Stay tuned for future updates on the company’s progress and potential upcoming advancements or expansions.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
