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[72] Why I Became My Family's Business Competitor
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Amish Shaw walked away from three generations of his family's diamond business to innovate an industry long overdue for change—a passionate leap into entrepreneurship that risked everything.
In the traditional diamond industry, a diamond passes through eleven distribution points before it is displayed at a store. Each 'handler' adds their profit margin, resulting in only 1% of consumers being able to afford a diamond.
Amish has a bold vision for his lab-grown diamond company, which bridges the gap between desire and affordability. Already, 62% of engagement rings are made with lab-grown diamonds.
Highlights:
- The unknown history and facts about the traditional diamond industry
- The key factors that drive success in the Jewelry business
- Disruption is not destruction
- The lab-grown diamond innovation combines sustainability and affordability
Famous Quote:
"The value of jewelry lies in the emotional connection and the moment it represents, rather than the origin of the diamond." - Amish Shaw
Connect with Amish:
LinkedIn: linkedin.com/in/amishshah-nyc
Website: jevar.co
Email: amish@riamgroup.com
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