The Mind Your Business Show

124 – Lab-Grown vs. Natural - with Steffi [Part 3]

Tahmid Nasif & Arshvyn Prakas Season 1 Episode 124

In this episode of the Mind Your Business Show, Steffi dives into the world of gemstones, discussing lab-grown versus natural gems, methods for identifying them, and the appeal of each to different buyers. She covers the differences in gem preferences between regions such as Singapore and the West, the intricate process of gemstone certification, and the emotional and humanitarian factors influencing gem purchases. Steffi also explains her journey of evolving her business, custom designing jewelry, and the unique challenges of balancing her ventures in both textiles and gemstones.

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Guest

Steffi: https://www.linkedin.com/in/steffi-widmer-a3684b47/ 

Businesses explored

Stefania’s Stones Website: https://stefaniasstones.com/ 

Stefania’s Stones Instagram: https://stefaniasstones.com/ 

Hosts

Tahmid Nasif: https://www.instagram.com/tahmzup/
Arshvyn Prakas: https://www.instagram.com/arshvynprakas/

Show notes:

00:00 Introduction to the Mind Your Business Show

00:12 Understanding Lab-Grown vs. Natural Gems

00:26 Identifying Gem Origins and Inclusions

02:11 The Appeal of Natural vs. Lab-Grown Diamonds

03:22 Humanitarian and Ethical Considerations

04:14 Gemstone Market Insights in Singapore and the West

04:56 The Evolution of Gemstone Categorization

09:14 Custom Jewelry Design Process

13:45 Challenges and Growth in the Gemstone Business

18:23 Technical Aspects of Jewelry Crafting

20:39 Conclusion and Future Insights

As always, thank you for listening. We hope you found value in this.