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The Mind Your Business Show
The Mind Your Business Show explores what it takes to excel in business and Sales. Our hosts, Tahmid and Arshvyn, hold candid conversations with business owners and sales experts. These conversations go deep. With the aim of understanding these amazing people and finding out the how and the why of what they do, and what can we – the listener- learn from it
The Mind Your Business Show
124 – Lab-Grown vs. Natural - with Steffi [Part 3]
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.