From selling lemonade to forming international 3D smartphone company

From selling lemonade to forming international 3D smartphone company

Loyal Haylett on the way to making major business statement

Staff reporter

Sunday, October 21, 2018

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MONTEGO BAY, St James — About four decades ago Loyal Haylett, who is on the verge of launching his IQH-1 glasses-free 3D smartphone in America, showed glimpses of his enterprising skills in his youthful days, by selling lemonade, firstly in Canada where he lived with his adopted Caucasian parents, then in his native Trafalgar Park community.

The IQH-1 3D smartphone is complete with a 5.5” screen, and provides the perfect platform for viewing e-sport, movies, videos and playing games — from 2D to 3D.

The new smartphone is able to stream the latest 3D movies and videos, play games in 3D, stream e-sport competitions, and is also compatible with VR for 360-degree viewing and gaming. It also displays excellent 3D graphics and is affordably priced.

“I have always been in business from the early days. I remember when I was very young I started out selling lemonade in Canada. I was born in Jamaica but I spent some time with some folks who came to Jamaica and adopted me,” Haylett disclosed.

As his entrepreneural skills were nurtured, Haylett ventured into selling shoes, then real estate, before emigrating to America, where he started a bakery and a laundromat.

“I have always had a business mentality, and when I got the opportunity to transfer to America I started a bakery business with a gentleman called Noel Hawthorne, who owned Golden Krust. I opened a Golden Krust in Paterson, New Jersey. It is still there today because I now own the building. I had a Golden Krust Bakery on one side, and a laundromat on the other side. And so I devised a plan that “While people washed their clothes, they could come over to the bakery and have patties and so forth. And I used to take the Jamaican paper so my bakery would be a place where people meet. It was a nice meeting place and it was very successful,” Haylett recounted.

Furthering his business exploits, Haylett ventured into the entertainment industry, managing different artistes, which took him on tours around the globe.

But, despite enjoying success in various businesses, Haylett who now resides between Montego Bay, St James and Ocho Rios, St Ann — always harboured a strong interest in technology.

“I didn't say it to anyone, but I was always watching how our lives were being impacted by technology. I was impressed with how fast things can change with the application of technology. And so, even though I was in the bakery business and the music business, I was always thinking that if you want to make a serious impact in the world as it is today, you have to try and affiliate yourself with some form of technology,” he shared.

As fate would have it, during one of his frequent trips to America he met Portuguese scientist, Dr Antonio Lopez, who “was into 3D”.

“I got exposed to a Portugal-based gentleman named Dr Antonio Lopez, and he was into 3D and he's actually one of the shareholders in my company — as a chief consultant. So Antonio is the one that was telling us about this technology and at the time I had an associate by the name of Dale Stephens and so I got turned on by Antonio Lopez,” the shrewd businessman explained.

He said that when he met the scientist he was in the preliminary stage of embarking into “some cellphone stuff”. Haylett immediately jumped on board and invested into creating the samples.

“And that is where the whole story took off it was amazing. I was really impressed with the outcome of the technology,” Haylett disclosed.

“I spent time with Dr Lopez and some of the other scientists, learning the intricate things about the technology the terminologies used in describing this technology and I became very fascinated with it and it took me all the way to China. And so I decided that if I can bring this thing to reality, I am going to make sure that Jamaica benefits from it,” the businessman shared.

But the road to realising IQH-1 was at times rocky, as initially securing financing for the project was a major obstacles. The determined businessman recounted that he was on numerous occasions denied by local banks.

“We are happy to say that we are fully funded, because in the early days I visited many banks in Jamaica presenting my ideas to them and it seems like no one was interested in hearing a local person talk about putting out a cellphone that is designed in Jamaica and manufactured in China — and so I wasn't getting any support from anyone here in Jamaica to venture out into this field,” he told the Jamaica Observer.

He had a turnaround in fortunes in America where he engaged investors to the IQH 3D team, but the major investor, he pointed out, is a South Korean.

“When I decided to return to the States I was amazed at the response I got from individual angel investors that were so taken in with it, and we reach the stage now where we are refusing investors,” the IQH 3D boss said.

The smartphone was subsequently manufactured at the BYD factory in Shenzeng, China, and is now set to be available in America by the end of next month.

“One of the owners of the patent is also part owner into the BYD factory. They have 18 lines: each line produces up to 7,000 phones per day, so they are able to produce 126,000 phones in one day. That was one of my main concern... if the factory was able to meet the demand,” Haylett revealed.

“This is where we are at today. So once this phone comes out and we get it going in America, I have interest in doing something here in Jamaica, possibly doing some assembly here. It's not impossible. I am a humble, easy-going guy and I would like most of my fellow citizens to use this as a motivational thing. If they have an idea, passionate about something, go after it because I have been told by many that I couldn't do it; it's impossible and so forth. I am very excited about the possibilities.”

Haylett noted that discussions are now advanced with a local distributor in Jamaica to issue the phone here.

“We are talking to somebody now that may be doing distribution but we haven't concluded with that deal yet. But it will be available to work here so if somebody buy it online or any of the online shops, it will be able to work here with any of the carriers,” he said.

He added: “Everything is now in place for the late November release date in America. We are looking forward to have a grand splash at Aventura Mall in December and so I am working with my team to have a launch in Florida during the Christmas season.”

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