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Cool Beans
Name: Lloyd Parchment
Title: President
Company: Jamaican Gourmet Coffee Co., 585 Washington Ave., North
Haven
No. employees: 12
Web site: www.jamaicancoffeeco.com
Age: 49
Education: Attended University of New Haven for two years
Best movie seen this year: Waking Ned Divine — “It was a true story and it was funny.”
Outside interests: Fitness, running, antiques
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Business New Haven
4/3/2000
By: BNH
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Lloyd Parchment founded the Jamaican Gourmet Coffee Co. in 1981 after growing up on a family-owned plantation. “I brought my love and knowledge of the business to the U.S. and started my own company,” he explains.
His star rises as his business grows, at a rate of about 20 percent annually on the retail side. The number of wholesale customers has likewise doubled from 300 to 600 since Parchment moved the business to North Haven six years ago, he says.
As well, “We're just about to sign an agreement with a large chain store,” Parchment says.
The entrepreneur attributes his success to “hard work, honesty and offering a quality product.” He urges would-be entrepreneurs to “be a hands-on person.
“You should listen to your employees and their suggestions, too,” Parchment says, “and set your own priorities and follow them.”
Asked if he would choose the same career path if he had to do it all over again, Parchment answers with an emphatic “Yes!”
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