BACKGROUND: Aviation Business
HOMETOWN: Sandy, OR
Todd Hoffman came up with his plan to mine for gold in Alaska in 2010 after watching the steady decline of his aviation business in Oregon. While the economy stalled, he watched the price of gold rise and rise. Inspired by his father Jack's own gold mining adventures back in the 1980s, which ended in failure, Todd sourced a feasible gold claim, assembled a team of his unemployed buddies, and the equipment they would need to start a full-scale mining operation.
With a strong belief in God and the American dream, Todd initially led his team to success. For three seasons he steadily accumulated mining know-how, sharpened his unique skill for deal making, and welcomed new members to his crew. Todd then took a massive risk: he staked all his earnings on a mining operation in Guyana, South America. On arrival, Todd found claim jumpers had illegally poached all the gold from the mine he had leased. It was then one disaster after another, as Todd searched for viable ground, and the Hoffman crew came home empty handed.
Last year’s fiasco has hit Todd hard. He believes he alone was responsible for his crew’s failure, and worst of all, he’d let down his own family. Unable to pick himself back up, Todd’s future as a gold miner may be over, unless he can find it in himself to give it one last shot.