Its difficult to say all the things I have to do in a day to keep my business going, but making jewellery is probably only about 10% of the time. So much time is spent doing the paperwork, invoices and emails; but there’s also the marketing, social media, website updates and selling to do. None of these things have I been trained in and I have had to teach myself and learn along the way.
People always think jewelers have lots of money, but the raw materials and tools cost so much, so does the getting to market i.e. large exhibitions and websites. And designing and making jewellery takes time, which in itself costs. So in reality the goods are expensive but the profit margin is low.
When you work for yourself you don’t have the support of a large company. I love this quote by small business rocks
“When you are buying from a small business you are not helping a CEO buy his 3rd house or fast car. You are helping a little girl take dance lessons, a young boy get his teams football shirt, a Mum and Dad put food on the table, and pay the mortgage, or a student pay their way through university.”