Diamonds in the Rough
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Diamonds in the Rough
Jewelry Entrepreneurs
Curated by Kirstyn Buck
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Tiffany & Co: Unwrapping the Blue Box

Tiffany & Co: Unwrapping the Blue Box | Diamonds in the Rough | Scoop.it

Tiffany & Co. has been the world's premier jeweler since 1837 by bring consumers high-end jewelry. Bracelets, lockets, pendants, watches, handbags, and rings for any occasion are only the main attractions Tiffany and Co. has to offer. The style of the company is envied by many and brings beauty to all its customers. A girl's best friend lies just beyond its doors.

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A Glimpse at Daniel Swarovski

A Glimpse at Daniel Swarovski | Diamonds in the Rough | Scoop.it

Daniel Swarovski founder of Swarovski, was born in what is now the Czech Republic on October 24, 1862. He learned the trade of glass cutting from his father at the age of fourteen , which was the family business and what sparked his interest in his future career path. He gained an education in crystal cutting by traveling to exhibitions and various industrial towns. He and a few other family members started the business of Swarovski, which specialized in the production of cutting and polishing crystal stones. The business shifted its focus in 1917 toward the jewelry industry and officially entered the fashion industry in 1931 which it is known for now.

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Where is Tiffany Now?

While Charles Lewis Tiffany is no longer around to operate Tiffany & Co. the business is stilling going strong under the wing of CEO and head of Board of Directors for the company. The total profits made for this corporation are over 3 billion dollars and seem to be on the rise.

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Tiffany and Swarovski: Side by Side

Tiffany and Swarovski: Side by Side | Diamonds in the Rough | Scoop.it

Tiffany and Swarovski ( http://www.helium.com/items/967417-biographies-daniel-swarovski )are both major jewelry icons in the fashion industry and both started as small business owners. However, while Swarovski's family was already involved with glass cutting which led to Swarovski to crystal cutting, the Tiffany family worked with cotton mills, unrelated to jewelry designing. Still the family background in business could be the reason he was such a wise businessman. Swarovski was said to be uneducated unlike Tiffany, yet he was still able to obtain good business sense just like Tiffany. Both entrepreneurs were flexible to changes in their companies and both seemed to be able to foresee how the markets would take to their ideas. Tiffany is said to have more of a creative side than Swarovski and Swarovski supposedly possess a "hands on" craft -crystal cutting- compared to Tiffany's talent of drawing design. Both entrepreneurs set up there businesses in similar ways -marketing to the wants of the high social class, and today the two businesses seem to be continually competing for the majority of the market share.

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Charles Lewis Tiffany -The Man Who Thought Outside "The Little Blue Box"

Charles Lewis Tiffany -The Man Who Thought Outside "The Little Blue Box" | Diamonds in the Rough | Scoop.it

Charles Lewis Tiffany, a native of Killingly, Connecticut was born on February 15, 1812 to the parents of Comfort and Chloe Draper Tiffany and owners of a cotton mill. He attended school at Plainfield Academy, Plainfield, CT, but discovered his passion when he founded a jewelry shop known as Tiffany and Young with a friend of his. Soon the business took on a third partner. However, once Tiffany's partners retired, he bought their ownership dividends and revamped the company to Tiffany & Co. Charles Tiffany had a natural instinct for the diamond market and business itself and became successful because of this ability. He set the standards for sterling silver and the 6-pronged engagement ring.

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Swarovski Crystal -The Swan Princess

Swarovski Crystal -The Swan Princess | Diamonds in the Rough | Scoop.it

Through perfection and design, Swarovski Crystal has met people’s desire for adornment and delight since 1895 as a top retailer of premium jewelry and decorative objects. Shopping at Swarovski invites customers to lie in the cave of wonders and view the spectacular sight of fine-crafted crystals unlike anywhere else. Swarovski contains thousands of designs of rings, earrings, charms, ornaments, and even extravagant chandeliers that create a dream home for anyone. Swarovski provides a phenomenal opportunity to explore the crystals of foreign lands and believe in the beauty of nature.

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Current Swarovski Still in the Family

Current Swarovski Still in the Family | Diamonds in the Rough | Scoop.it

The Swarovski company has been in business for over 100 years and is still creating astonishing profits. Perhaps the success is partly due to the fact that the Swarovski family is still heading up most of the business decisions including the gorgeous designs. The business has raised its revenues drastically over the past decade and the business itself is worth 1.7 billion making the Swarovski family one of the wealthiest families in Europe.

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An Entrepreneur in a Nutshell -Past and Present

An Entrepreneur in a Nutshell -Past and Present | Diamonds in the Rough | Scoop.it

Business is a practice that has been around for forever, but the concept behind becoming successful has transformed over the years. The major factor that has changed for entrepreneurs to require is the ability to be knowledgeable in the technological field and to think of technological advances in the specified field before someone else. Also, as technology expands, it is said to be wise to take time off from work. Years ago taking time off was viewed as lazy and wasteful. However, despite these changes many of the basic principles apply to business past, present, and future. A successful entrepreneur must be organized and able to manage finances properly. A businessperson must also be flexible to consumers and able to adapt to new innovations. Both Swarobski and Tiffany held these qualities and used them to their advantage. An entrepreneur needs to possess many qualities, but more often than not a person is able to develop these characteristics as the company itself expands.

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