I’ve spoken before about how the diamond and precious gemstone industry can be very family orientated. I myself am a third-generation jeweller who has benefited from years of experience from my father and grandfather. But what about those who want to get into the industry, but who don’t have any immediate contacts or connections? For young people wishing to break in, it may seem like a daunting task.
While it can be challenging to enter an industry dominated by family-run businesses, it’s by no means impossible. Like any career, it requires dedication and more importantly, a true interest in the subject. For budding jewellers and dealers, here’s how to get your foot in the door of the diamond industry…
1. Be passionate about the business
The diamond and precious stone industry is filled with people who are fervent about the pieces they work with. My father calls certain stones his “babies” and he’s not kidding, they are genuinely as important to him as his children. This level of enthusiasm and emotion is vital if you’re going to thrive in the business.
The more you learn about the stones and the industry the more your knowledge will fuel your passion. In order to stand out from the crowd of young entrepreneurs put the effort into learning about all aspects of the business, including things like pricing, grading, the certification process, and stone characteristics.
Understand the regulatory processes, legal practices, supply chains, financial demands, and market trends – the list is endless.
2. Be proactive when looking for your first job
With family-orientated businesses, jobs tend not to be advertised, because they’re often filled by relatives. Therefore, your best chance of getting work experience is to visit the store and ask to speak to the owner or manager.
With face-to-face interactions, you can really let your passion and enthusiasm shine through in ways that don’t if you just send in a CV and cover letter.
Bosses are looking for people who exhibit a willingness to listen and learn.
3. The importance of building and networking
Networking is vital, so this is not an industry for shy or retiring types, but if you are that type of person, work on coming out of your shell.
Deals are often done through word of mouth with contacts, and first looks at certain stones are offered through the connections you make, so be sure to work every room you find yourself in.
4. Never stop learning
The diamond industry is one that involves constantly updating your knowledge. Being in the industry means keeping an eye on new trends, developments, or advancements in technology and applying them to your own business and career journey. If the diamond industry is to grow and develop, it needs younger generations to get involved and inject vital youthful energy, enthusiasm, and new ideas.
That person could be you.