Angel Investor
Shortly after Giffird received an Honorable Discharge from the Marine Corps, his nurse Leilani introduced him to Mr. Lee, a very successful Hawaiian entrepreneur. He soon went to work for the businessman, managing one of the busiest restaurants in Hawaii.
It wasn’t long before he was helping with other businesses that Mr. Lee owned. One day, Mr. Lee told Giffird that if he ever wanted to start his own business, he would gladly be his “angel investor.” Giffird wasted no time in preparing a presentation to give to Mr. Lee. He wrote a business plan for Royal International, a trading company that would sell gifts, such as personalized mugs filled with coffee, tea, macadamia nuts, and candy, to tourists vacationing in the Hawaiian Islands.
Mr. Lee reviewed Giffird’s plan, and the following day brought the young entrepreneur the money needed to finance his venture. Much to Giffird’s surprise, Mr. Lee gave him twice the amount of money that his plan called for. When he suggested that Mr. Lee had made a mistake, the older and more experienced businessman smiled and said, “You always need twice what you think you do.” As it turned out, Mr. Lee’s wisdom proved correct.
Shortly after Giffird received an Honorable Discharge from the Marine Corps, his nurse Leilani introduced him to Mr. Lee, a very successful Hawaiian entrepreneur. He soon went to work for the businessman, managing one of the busiest restaurants in Hawaii.
It wasn’t long before he was helping with other businesses that Mr. Lee owned. One day, Mr. Lee told Giffird that if he ever wanted to start his own business, he would gladly be his “angel investor.” Giffird wasted no time in preparing a presentation to give to Mr. Lee. He wrote a business plan for Royal International, a trading company that would sell gifts, such as personalized mugs filled with coffee, tea, macadamia nuts, and candy, to tourists vacationing in the Hawaiian Islands.
Mr. Lee reviewed Giffird’s plan, and the following day brought the young entrepreneur the money needed to finance his venture. Much to Giffird’s surprise, Mr. Lee gave him twice the amount of money that his plan called for. When he suggested that Mr. Lee had made a mistake, the older and more experienced businessman smiled and said, “You always need twice what you think you do.” As it turned out, Mr. Lee’s wisdom proved correct.