Golfkicks Shark Tank Update | What Happened to Golfkicks after Shark Tank?

What is Golfkicks?

Golfkicks, founded by CEO Tyler Stuart, is a company that offers cleat kits for sneakers to convert them into golf shoes.

The idea behind the company was to provide an alternative solution for customers who were hesitant to purchase traditional golf shoes due to their high cost, discomfort, and appearance.

Before starting Golfkicks, Stuart was already an entrepreneur and had created other products such as the Sushi Roll, a fly fishing container for easy storage, and the Handll, a social media tool that turns social media posts into content assets for publishers.

Who is the founder of Golfkicks?

Golfkicks is a company founded by Tyler Stuart and Matt Mockus, both golfers with abilities ranging from good to deadly.

They created Golfkicks as an alternative to traditional spiked golf shoes, which they felt limited their choice of footwear on the golf field.

Golfkicks are screw-in cleats that can be added to any shoe with a rubber sole of at least 1/3 inch.

The company was launched in early 2019 through a successful Kickstarter campaign and is based in Denver, where they sell a “traction kit” for $29, which includes cleats, a drill bit, a screwdriver, and a marker for marking pilot holes.

What Happened to Golfkicks at Shark Tank pitch?

Tyler Stuart and John Krosky, the creators of Golfkicks, a type of golf spikes that can be attached to any shoe or sneaker, appear on Shark Tank episode 1103 in search of a mentor and investor.

They are a new company and ask for $300,000 in exchange for an 8% stake in their firm, which is valued at $3.75 million.

They present their product and show the Sharks their sales numbers, which have been $120,000 in the last three months and they hope to earn more than $1 million this year.

They want help in increasing sales on Amazon and in golf pro shops. Lori offers a $300,000 loan with 8% interest and a $2 per unit royalty until she recoups the $300,000, and also wants a 5% ownership in the company.

Mark offers $300,000 for a 15% stake in the firm, believing that the young sports industry may be even larger than it is now.

They counter Mark’s offer with $300,000 for a 12% stake in the firm, and Mark agrees to $300,000 for a 13% stake. They accept the deal and leave the show with a new investor and mentor.

What Happened to Golfkicks after Shark Tank?

The agreement with Mark was never completed, but the company is currently active and successfully selling on Amazon.

They sold out of their products soon after the show first aired. The company is still operational and had a revenue of $4 million in January 2022.

Competitors of Golfkicks

Golfkicks is a competitor of Nike Golf, Adidas Golf, and Under Armour Golf.

Net Worth of Golfkicks

The initial evaluation of the company was $3.75 million during the pitch, but since the company is still operating, its current net worth may be greater.

Golfkicks FAQs

What is Golfkicks?

Golfkicks is a company that sells cleat kits for sneakers that convert them into golf shoes. Its founder created the firm because clients were unwilling to purchase golf shoes due to their high price, discomfort, and appearance.

Golfkicks provided the solution, a kit that transforms regular sneakers into exceptional golf shoes.

Who is the founder?

Tyler Stuart is the founder of Golfkicks. Stuart was an entrepreneur before to creating this firm. He invented the Sushi Roll, a rolled-up fly fishing fly container for simple storage.

He created the Handll, a social media tool that allows websites to show Twitter and Instagram feeds. Handll converts social networking posts into publisher-ready content assets.

How much was seeking on Shark Tank?

Tyler was seeking for $300,000 for 8% stake in his firm.

Did he have the deal?

Yes, he has the deal with Mark Cuban.

How much was the deal?

Mark offered $300,000 for 15% stake in the firm.

Is Golfkicks still in business?

Yes, Golfkicks is still in business as of January 2022.

Where is Golfkicks located?

The company is located in Denver, Colorado.

What is Golfkicks revenue?

The firm had $4 million in annual revenue as of January 2022.

Where can we find more information about Golfkicks online?

Customers can find more information about golf on their website http://www.golfkicks.com/  They can also visit their Facebook page @golfKicks.co to get more info.

How do you use Golfkicks?

The regular golf shoes are difficult to walk in, especially the fairways that are extremely long and challenging.

If users want to save their energy and still enjoy the game, they can use Golfkicks to enjoy a better playing experience.

Is it possible to put golf spikes on any shoe?

Men’s, women’s, and children’s shoes can all benefit from the spikes. Golfkicks has everything necessary to convert practically any pair of shoes into golf shoes.

Mark the locations of the spikes with the Sharpie, and then drill pilot holes and screw on the Golfkicks cleats.

Can you golf in ordinary sneakers?

Anyone may walk the golf course in tennis shoes, running shoes, cross trainers, or any other shoes they like (as long as they do not cause harm to the turf and are approved by the golf course).

Golf shoes, on the other hand, are a smart choice since they are designed to prevent their feet from sliding about throughout the golf swing.

Can Golfkicks be removed?

Golfkicks are intended to be permanent, however when removed, they typically leave a slight incision in the rubber, and the 7mm screw does not penetrate the sole of suggested shoes completely.

What is the shipping cost of Golfkicks?

Golfkicks ships worldwide, however shipping prices vary depending on the destination.

What is the warranty provided by Golfkicks?

The warranty provided by the firm is 1 year.

What is the return policy of Golfkicks?

The return policy of the firm is fifteen days from the delivery date.

How do I pay for Golfkicks?

Golfkicks accepts all credit cards and PayPal.

How can I track my order?

The firm provides customers tracking information on their order.

What is the minimum order amount?

Golfkicks partners with many retailers, therefore they accept orders at various amounts depending on the quantity and size of the order.

What are the guaranteed lowest prices of Golfkicks?

Golfkicks offers guaranteed lowest prices for all their products. The firm maintains a numerous supply chain in which they have partners who provide them with cost savings.

As a result, their costs are kept to very low levels without affecting their quality.

Where can we get the Golfkicks products?

The products are available on the company’s website, which can be found at http://www.golfkicks.com/. Customers who are interested in purchasing a set should visit their website to find out pricing and shipping information.

Who is the CEO?

Golfkicks CEO is Tyler Stuart.

What is the business model of Golfkicks?

Golfkicks offers products for sale on their website, and then sells them on Amazon and other retail partners.

The business model is similar to that of companies in the athletic shoe and other fashion industries.

What is the net worth of Tyler Stuart?

Tyler Stuart has an estimate net worth of $900,000.

Nerdwax Shark Tank Update | Nerdwax after Shark Tank