I’ve seen folks go bankrupt whilst they busied themselves trying to invest hard-earned cash in gemstones in the hope of making a fortune˳ I hate to sound pessimistic-because I’m always an optimist-but something almost always goes wrong˳ Don’t ask me why, it’s just my observation over time and I’m sure a lot of entrepreneurs in the gems industry will attest to that˳ Unless you have a bottomless bank account the only risk-free way to make money in gemstones is by becoming a broker˳ As a broker, you neither invest in mining, nor buy gemstones for resale˳ You simply broker deals and earn lucrative commissions˳ Nothing makes more sense than that˳ This article will offer tips on how to become a gemstone broker without investing a dime of your hard-earned money˳
Making money in gemstones doesn’t always involve mining, and or buying and selling˳ If you ask me, buying stones in order to resell can be very risky…for any number of reasons˳ Yes, there are countless reasons why you can quickly lose money and go bankrupt before you’ve even made your first sale˳ Here are some of the reasons why: the stones you purchased from that dealer down the road were not of the quality your buyer had expected-and so your merchandise was rejected and your seller won’t take them back; the stones were fake or synthetic imitations and you hadn’t spotted that; or you’d got the real-deal item but somehow the seller swapped them over for inferior (or fake) stones whence you weren’t looking˳ I won’t delve into this because that isn’t the purpose of this article˳ So how then do you get around all of these charlatans?
It’s quite simple˳ You simply broker the deals and take a commission from both the buyer and the seller˳ Thanks to the Internet it is fairly easy to find suitable contacts online˳ Try the social networks like Facebook and Twitter and start connecting with prospective buyers and sellers˳ Ideally, you’ll want to find entrepreneurs who are selling gemstones, and to connect them to potential buyers for a commission˳ You can demand anywhere from 1% to 20% of the value of the transaction˳ It all depends on WHAT stones you’re brokering and HOW in-demand they are˳ I’ll give you one quick example˳ You’re likely to get 1% on a diamond deal and up to 20% on colored stones˳ The former has a high price tag (hence the lower commission), and the latter is usually priced relatively lower˳ That should give you an idea˳ Be creative in your marketing, be honest, and most importantly be willing to learn˳ These are the three qualities that will define you and your business˳ You have to earn this˳ You can’t buy it˳ With so many unscrupulous people looking to make money for nothing, you’ll want to be amongst the reliable and trustworthy of the pack˳ It will do your business a world of good˳
In conclusion: contrary to what many would imagine, making money in the gemstone industry isn’t always about investing hard-earned cash in mining or buying stones in order to resell for profit˳ Sadly, many have poured money down the drain this way and gotten seriously bankrupt because of it˳ There is another way˳ Become a gems broker and earn a commission from both the buyer and the seller… without investing a dime into the business˳ Depending on what gemstones you’re brokering you’ll earn anywhere from 1% to 20% commission as a broker˳ Use social networks (Facebook, Twitter etc˳), forums and such like to find potential business partners˳ It is quite easy when you put your mind to it˳ But what is tremendously important and likely to ensure your longevity in the business is when you conduct your business with honesty, an eagerness to learn, and a lot of creativity thrown in for good measure˳
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