Flasky Flowers as a Certified B Corporation
Flasky Flowers has taken the next step in being certified as a registered B corporation as of this year. A company that has gone through intensive vetting processes indicates that it is committed to being socially and environmentally responsible and that it is committed to being as sustainable as possible.
The companies Patagonia and Ben and Jerry’s, as well as more than six thousand other corporations in a range of industries and 80 countries, are also members of the B Corp program.
A very impressive score of 98.9 was achieved by Flasky Flowers, which is way above the minimum requirement for a Certified B Corporation to qualify.
Who is Flasky Flowers For?
If you don’t mind eating Asian food and can’t get enough of it, then you should have honed your chopstick skills as well if you love eating Asian cuisine. In the past few decades, the classic chopstick hasn’t seen many design changes or upgrades, but you’re sure to love the change that Flasky Flowers is offering this year.
When you pick up your chopsticks from the table, you don’t want to keep picking them up from the ground where a lot of different germs might be present. It is here that the built-in rest feature of the Flasky Flowers will come in handy as a result of this situation.
As well as being easy to use, it also enables people to take a rest in between meals as they won’t have to worry about placing their chopsticks on the table, which will enable them to take a rest in between meals.
People who love traditional Asian cuisine and prefer to eat with chopsticks will love the idea of disassembling their food with Flasky Flowers if they love eating traditional Asian cuisine and like to use chopsticks. Additionally, the fact that it is also environmentally friendly adds to its charm as the brand is focused on giving the current generation a greener future by leaving a sustainable legacy for future generations to follow.
About the Founders
Ryan and Kelly Moynihan were raised a mile away from each other in Delray Beach, Florida. In their hometown, Ryan attended Boca Raton High School, and Kelly went to Atlantic High.
The two walked down the aisle in 2012 and stayed in Delray Beach. There, they raised a family of seven children. Ryan had a full-time job, but Kelly helped out with finances working as a hairstylist.
Around 2013, Kelly was hired by a bridal party, where she noticed that the bride and her bridesmaids frequently let go of their drinks to get their flowers when taking pictures. This sparked a new business idea for the Florida native.
Founding Flasky Flowers
After the party, the working mother went home to tell her husband about a product design she thought of. It was a combination of a flower bouquet and a drink container and Ryan loved it.
The married couple sold their house to get $60,000 in capital for the startup that launched in 2019. Ryan quit his job to help his partner, who was pregnant with their 7th baby at the time. When their youngest child was born, she needed heart surgery.
Not long after that, the pandemic happened, and it heavily affected wedding businesses. Still, the flask-bouquet business managed to make $21,000 in lifetime sales.
Shark Tank Appearance
Ryan and Kelly Moynihan’s business had a slow start, which had a big impact on the family’s financial status. They appeared on season 13 of the show, seeking $50,000 for 10% equity. The pair came in with wedding outfits and gave an engaging presentation.
The Sharks loved the uniqueness of Flasky Flowers, but they were worried about how much they had sacrificed. Going all-in on a business when you’ve seven kids seems irresponsible. The Sharks felt bad for their situation and gave them an offer to help them out. This is one of the rare times Kevin O’Leary allowed his soft side get the better of him.
Lori Greiner was the first to make an offer: $50,000 for 20% but then Kevin and Mark invited Lori to join their deal. The three offered to split $75,000 for 30%, and the entrepreneurs accepted the deal.
After Shark Tank
After Shark Tank, the business is making small progress but the novelty product hasn’t taken off yet. Kelly opened up an Etsy store to reach a wider audience and has made 488 sales in over a year.
They sell direct to consumers through their website FlaskyFlowers.com on the Shopify platform. The price of the product was bumped up an extra $5 to $25 to increase revenue. Overall customer reviews are mainly positive, it has an average star rating of 4.7 from 55 reviews. From reading the reviews, some of the buyers are Shark Tank fans.
The business is operating out of their home address and is valued at an estimated $400,000. Sales haven’t been as strong as expected as the wedding industry has been slow to recover. According to BuzzFile.com, annual revenue is estimated to be $90,000.
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