Answering Your Questions About The Jewelry Business

In this video I will answer your questions about how to make jewelry and how to start a jewelry business.
💎💎Jewelry Business Academy Course jewelry-busine... 💎💎
#jewellery #jewelrymaking #jewelry #jewellerydesign #jewelrybusiness

[@SlavaTVOfficial]

💎💎Jewelry Business Academy Course jewelry-business-academy.teachable.com/p/jewelrycourse 💎

[@brianab9381]

Can you make a video on creating jewelry with other gems, crystals and materials like sapphires, turquoise,opal,etc.

[@MonsieurSingh]

Would love for to do a video on how to maneuver through the district or ways to avoid getting ripped off. Maybe how we can find the best casters and people to deal with. I've been to the district in NYC many times and always feel like everyone is trying to finesse me. How do I get to deal with the people above the store fronts. That just have their company names on the door. There's 1000s of em.

[@MichaelPowell-xr2qo]

What company to use in china

[@petertisnado5985]

Hi slava how do I know where to find the good quality silver pieces that don’t fade??any recs?

[@wholesalejewelrymarket]

The information you give me is very valuable. 🤩 Thank you. And there is a big jewelry wholesale market in Korea along with China.

[@jdizzle22396]

How many pieces should you have when starting?

[@akgoldbear7669]

"It's much better to hold jewelry and flip it and double your money, instead of holding coins and bars which you buy at a premium." I don't understand what you're talking about 🤔 Everything we buy, we buy at a premium. Coins, ingots, jewelry, everything.

[@SlavaTVOfficial]

You can never sell a bar or coin for more than the price of gold. With jewelry you can make money even if gold falls

[@akgoldbear7669]

@@SlavaTVOfficial You say this because you sell jewelry and I don't sell jewelry, I sell 24K pure gold and for the last eight years I have never had a problem selling my gold regardless of the world gold price. I'll tell you more, I see people on eBay trying to sell the same piece of jewelry for months, but they can't sell it because they bought a ring for 500 bucks a long time ago, and now they want to sell it again for 500 bucks, so as not to lose their money, but they can’t. I offer them 100-120 bucks because I know how much gold can be extracted from the jewelry, they say I’m crazy, but after 8-12 months they accept my offer. So your words are empty ringing 😉✌

[@SlavaTVOfficial]

@@akgoldbear7669 it’s not a problem to sell gold. You’re not understanding what I’m saying. If you hold jewelry you make money in it. This is why jewelers hold jewelery and not gold bars or coins. The markup on jewelry is very big. You cannot sell gold or bars at a significant mark up

[@SlavaTVOfficial]

@@akgoldbear7669 let me explain. You will never have a problem selling gold because gold can always be sold. You can always sell to a refinery and get most of the gold value. If someone bought a ring and now they’re trying to sell that ring on ebay and get money that person is not a jeweler. That is a consumer trying to sell a used item on eBay for the same price he bought it for. It doesn’t work that way. Also the business model you have is basically messaging a number of people and hoping those people don’t understand how gold works. It’s the same as a pawn shop. That person doesn’t know he can go to a refinery and get pretty much the full gold price out of the piece Making money off people’s lack of knowledge is not the way i make money, I’m not a moral advisor and people can do what they want. But that’s not for me. Not only that but that’s not a scalable model. If you have a gold bar and price drops you will not make money on it and you will lose money on it. Period. If price goes up you just made money only cuz the price of gold went up. You’re relying on gold prices to make money. The money made on premiums is Pennie’s. With jewlery you can make a good amount of money regardless of the gold price

[@twil7154]

I want to do my own casting where is the best place to buy gold?

[@OmegaClassicRecords100]

Hey Slava! When are the lessons going to be finished for the course?

[@SlavaTVOfficial]

it will be up probably next week

[@OmegaClassicRecords100]

@@SlavaTVOfficial ok brotha! I’ve enjoyed the education tremendously! And I appreciate you! Thanks a lot man!

[@gotemmmm]

@SlavaTVOfficial Yeah appreciate the course, seeing the communication is cool. I definitely want to see the rest. of the course!

[@ervanyang1507]

thanks for your vid it's help me a lot

[@GGTaino]

What’s the bare minimum of money needed in your opinion

[@keenanmcgriff]

500 to 1000 I believe he made two videos about the cost of start up

[@ChristianTorija]

Do you show how to set diamonds without printing holes and prongs or how to make chains without casting like ropes

[@SlavaTVOfficial]

Yes

[@GIULIAGOLD-s9m]

Buenas tardes! Solo hablo español, el curso solo esta en ingles? o puedp colocar subtitulos en español? me interesa!

[@SlavaTVOfficial]

Hola, si puedes activar los subtítulos en español.

[@Pnkpmpkn]

These examples you’re giving, are they considered gold plated or gold filled or just gold?

[@willshuncannady9015]

I am going to purchase a elegoo 3d printer which one should I get I saw you said get the Saturn 4 but ion here you show the mars 3

[@VS1x]

If you wanna have a jewelry business. Learn how to do something yourself. Having someone produce everything for you isn’t always the best option. It’ll also teach you what works and doesn’t. A lot of “jewelers” are real just salesman that can design, polish, set or anything

[@CreativeChroniclez]

Is it the same casting and 3d printing process to create custom belt buckles? I have not found any videos on KZbin about it.

[@keenanmcgriff]

Thank you my guy 🙏🏾 Can you do a video on if you want to cast your own jewelry?

[@SlavaTVOfficial]

I don’t want to do a vid on that because honestly I don’t recommend anyone does it. it’s a waste of time and not worth it when you can have a pro do it

[@keenanmcgriff]

@@SlavaTVOfficial I understand your right. Especially starting off.. but I do plan on becoming pro at it lol. I have a welding and fabrication background so I think naturally I'd get good at casting. It's the gold prices for me.

[@jayydakidd4592]

Any clue on where to buy the wax for grills I already made my molds just can’t find the wax sheets

[@Dominikkolber]

Great video!! Is there any chance I could reach out to you? I might have an interesting offer.

[@AllWeNeedIsUnity]

3:26 what if I have scrap gold jewelry that I paid around the scrap melt value for, would it be even cheaper to bring that to the casters rather than have the casters use their own sourced gold?

[@stacko239]

Hi I’ve been in the rep watch game for a while and want to get into doing moissanite watches I can get the watch and stones I don’t know anyone in the uk that can set the stones do you recommend a jeweler to do that in the us

[@brandonestelle9029]

That's really good advice!

[@xolonationtj8135]

Do you recommend 2.5 microns gold plating or less than that? 2.5 microns gold plating is considered Vermeil. Thank you for your content.

[@SlavaTVOfficial]

Yes I would do at least that. It will only cost a few dollars per piece extra for small pieces but will definitely be worth. Customers will see the difference and having long term customers and repeat buyers is key. You can also charge more.

[@MonsieurSingh]

Slava if you don't mind answering, what would I pay for 14k white gold martini screw backs for a pair of 1 carat round stones. I paid around $350 a month ago. Was I finessed?

[@ELCIDCC]

Yes

[@crownedjewelry]

What’s a good alibaba manufacturer for high quality jewelry boxes & what type of jewelry box model should we use for our brand

[@SlavaTVOfficial]

most manufacturers will do high quality boxes but get samples prior to placing an order. it’s hard for me to say because I don’t know your brand

[@gotemmmm]

I live 1h 20m from LA. Can i start a good inventory with 2k. Also i know overseas manufacturers will play with me since im new, so should i start in cali?

[@SlavaTVOfficial]

yes you can definitely start with that. make 10-15 unique light pieces. also manufacturers will not play you if you k ow what to look out for

[@rohitali1032]

Im jewellery cad designer I need work please contact me sir

[@JaydonTalamantez]

Does anyone know any good wholesale gold companies ?

[@SlavaTVOfficial]

apmex

[@allthatmatters7960]

What’s is the best way to start before opening a shop?

[@SlavaTVOfficial]

definitely start online

[@Brandnuplaya]

Slava makes alot of good points, but if you can get in with someone that knows business it will be better

[@allthatmatters7960]

@@Brandnuplaya I’m trying to build up my own business 😅but yes he is great

[@allthatmatters7960]

@@SlavaTVOfficial thank you! Definitely will try that route then

[@Brandnuplaya]

​@allthatmatters7960 my advice would be to try to learn a little all around, not just custom pieces, there are lots of different areas to make money in the Jewelry business, best of luck to you.

[@AzriRich88]

But the jewellery that has been casted are always the face value of the gold value per ounce or per gram and the only way to make profit through this is the workmanship price that you put for the gold jewelry plus the gold face value. My point is if you ask a gold caster or a gold maker to make gold jewelry for you it's always expensive more than you can sell at face value plus the workmanship value unless you can find a way of ordering jewelry in sets of millions of dollars or in hundred thousands at least to make a decent profit after cutting out the costs to make it.

[@deethekingstevens7146]

Good note

[@g2sizzle]

Have you seen any of his videos? Literally makes profit every time just charge double what you paid at least for gold/labor