Flipstik Net Worth 2021(Shark Tank): Income, Salary, Cars, Bio

A businessman cannot be successful unless he has patience. The goal of Shark Tank was to buy shares of the business and give them a chance to grow. Flipstik has a net worth of $25 million in 2021. Also, his annual revenue is more than $5 million.

Flipstik Net Worth(Shark tank)

Name:Akeem Shannon
brand:Flipstik
Net Worth:$25 Million
Country:United States
Income :$5 Million (Annual)
Last Updated:2021

Flipstik Net Worth Growth

Net Worth in 2021$25 Million
Net Worth in 2020$20 Million
Net Worth in 2019$18 Million
Net Worth in 2018$15 Million
Net Worth in 2017$10 Million

FOUNDER’S STORY

Akeem was motivated to have a shot at a decent life after losing a Howard scholarship. As mentioned earlier, he briefly worked for various companies before making his magnum opus in 2017. Akeem can credit his uncle, a NASA engineer, for having pointed him towards reusable adhesives.

Being a youth, he created a product that resonated positively with the millennials. With most youths creatively using their phones to Vlog, post videos on sites like TikTok and Instagram, this product became a must-have. Flipstik’s capability of being mounted on multiple services also became its major selling point.

Summary

As of 2021, Flipstik has a net worth of $25 million. One of the rising brands in the USA.

When Akeem was starting, he barely had enough money to mass-produce Flipstik. After getting a patent and trademark for the novel accessory, he sought funds through a Kickstarter campaign. His goal was around $1865 but got a ten-fold amount within a month of launching the campaign. Before appearing on Shark Tank, Flipstik had already won first prize in a promotion held by TechStars.

Source – sharktanktales.com

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