Souls Calling Shark Tank Update | Souls Calling after Shark Tank
What is Souls Calling?
Souls Calling, founded by Gina Cotroneo in 2004, was a company that produced and sold gifts and accessories with uplifting and motivational themes.
Their product line included umbrellas, water glasses, acrylic bangles, bracelets, and sandals that left messages in the sand to inspire and improve the world.
Cotroneo has a background in creative direction and marketing, having worked as an Art Director at Publicist, Creative Director at Artful Technologies, and a similar role at Blake-Miller Communications. She is currently a freelance Creative Director and Marketer.
Who is the founder of Souls Calling?
Gina Cotroneo, the creator of Souls Calling in 2004, has had a diverse career, starting as an Art Director at Publicist and later becoming Creative Director at Artful Technologies.
In 1997, she was attacked at her home in Dallas and went through a difficult recovery process.
However, her positive outlook on life remained unchanged and in 2004 she started Souls Calling, which creates and sells products featuring inspiring quotes.
Her business faces a challenge with pricing as, being a small business, her cost per item is higher than if she could purchase larger quantities.
For example, if she buys 3,000 umbrellas, the MSRP is $24.95, but buying 6,000 reduces the cost to $15. A financial boost would allow Cotroneo to lower her prices and increase her sales and profits.
What Happened to Souls Calling at Shark Tank pitch?
Cotroneo sought investment from the Sharks in order to expand her company, Souls Calling. She asked for $150,000 in exchange for a 25% stake, valuing her company at $600,000.
She presented her products, including the Inspirabrella, an umbrella with uplifting quotes, and explained her belief in Positive Energy Transfer.
The Sharks were skeptical of her concept but interested in her products.
However, when she revealed her sales figures, which were only $11,000 in the last year and $18,000 in the previous two years, the Sharks were unimpressed and did not make an investment.
Despite her enthusiasm for her product, Cotroneo left the Shark Tank without a deal.
What Happened to Souls Calling after Shark Tank?
After being rejected by the Sharks, Cotroneo continued to pursue her business, even gaining more television appearances on shows like Oprah.
However, in 2012 she ultimately decided to sell her firm and pursue new opportunities. Although Souls Calling has ended, Cotroneo’s passion and spirit live on.
Net Worth of Souls Calling
The value of the company was $600,000 during its appearance on Shark Tank, but it is no longer in operation and its current net worth is not known as of 2021.
Souls Calling FAQs
What is Souls Calling?
Souls Calling are a gift and accessory company that specializes in creating goods with inspirational and encouraging themes.
The firm creates umbrellas, water glasses, heavyweight acrylic bangles, bracelets, and sandals that leave messages in the sand to help make the world a better place.
Who is the founder of Souls Calling?
Gina Cotroneo is the founder of Souls Calling in 2004.
How much was asking on Shark Tank?
Cotroneo was seeking for $150,000 for 25% stake of her company.
Did she get the deal?
NO, she did not get any deal on Shark Tank.
Is Souls Calling still in business?
NO, the company is no longer in operation.
Where are they located?
They are located in Dallas, TX.
What’s the phone number?
The public number of the company is unavailable.
Does Souls Calling make money?
Souls Calling have been operating for over a decade, but the company is not making profit.
What are the products they were asking money?
They were promoting their umbrellas, bracelets and sandals with inspiring messages.
Is any plan for Souls Calling to resume?
NO, the company is not planning to resume.
Is Souls Calling a scam?
NO, they are not a scam.
Is Souls Calling good for investment?
NO, it is not a good investment.
Is Souls Calling legit?
YES, they are legit.
How much does it cost?
It costs between $11 to $32 to buy from their online store.
What is the delivery charge?
The company ships for free within the USA at their expense.
Is there any other place to buy from Souls Calling?
Yes, one can buy directly on the official website of the company.
What is their website?
The official website of the company is www.soulscalling.com
Are Souls Calling ships internationally?
NO, the company does not provide international shipping.
Is Souls Calling safe to buy online?
YES, it is safe to buy.
How tall are the employees of Souls Calling?
None of the employees of the company are known.
How many levels are there in their support system?
They have one level in their support system and that is Customer Service.
What is their product warranty?
There is NO product warranty provided by the company.
Does Souls Calling have any plans for the future?
NO, the company does not have any plans for the future.
What are Souls Calling’s threats?
There are NO threats provided by the company.
How many years has Souls Calling been in business?
The company has been operating for over a decade.
Is Souls Calling safe?
Souls Calling are a safe site to buy from.
What are the complaints other people have against Souls Calling?
One of the complainers said that their company is not fulfilling their commitment even though they paid for their items.
Is there any customer support provided by Soul’s Calling?
Yes, they have a customer support team and that team is capable enough to help anyone who needs their help.
What is the net worth of Gina Cotroneo?
The net worth of Gina Cotroneo is unknown.