#62: How to Make Smart Business Decisions When Costs Are Rising
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Making Informed Decisions During Rising Costs: A Jeweler's Guide
In this episode of The Jeweler's View, Courtney Gray shares insights from her 25 years in the jewelry industry to help creators navigate rising costs effectively. She emphasizes the importance of focusing on what is currently working in your business, identifying top sellers, and understanding replacement costs. The episode discourages adding more to your workload and advises making informed, refined decisions rather than reactive ones. Listeners are given a practical assignment to evaluate their top sellers and calculate current replacement costs to guide future decisions. Upcoming content includes a panel discussion on managing metal costs, featuring industry experts.
00:00 Introduction to The Jeweler's View
00:52 Recap and Practical Advice
01:58 Navigating Rising Costs
02:40 Evaluating Your Business
04:45 Adjusting to Change
06:49 Gentle Assignment and Final Thoughts
07:29 Closing Remarks and Resources
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– Courtney
Helping Jewelry Creatives access the knowledge, resources, and mindset they
need to achieve goals they once thought impossible.
Connect with me or check out the Transform Your Jewelry Business course at
www.CourtneyGrayArts.com
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