A Calculated Risk

It was one fine day as dad returns home after a hard day’s work. As he puts his bag down, he delivered us a piece of news which shocked us all – he was going to quit his day job. The rest of us were like, “WHAT?!” but dad had his reasons for doing so. After taking a breather he told us he’s planning on starting a business dealing with rhinestones and crystals. We still weren’t buying it but dad was always a risk taker, so we continued to listen in. According to dad, he is planning on being a supplier of crystals to the local jewelers and fashion retailers because he believes this market has untapped potential.

In order to do so, he was going to have to buy rhinestones in bulk as this would minimize cost. He then told us that he’s found several online retailers that had bulk rhinestones for sale at very good prices. As he was going to be the supplier, dad says that the quality of the stones is paramount and hence, he was only going to get those from swarovski. That FINE day was approximately 3 months ago. And after weeks of planning and informing prospect customers, dad finally got his business up and running. He gets his swarovski crystals in bulk from a trusted retailer which offered him very good prices and quick delivery time.

The way his business goes is pretty simple – whenever he gets a call from one of his contacts telling him the need for new crystals, he would then inform his supplier which did bulk swarovski crystals to deliver it to his office. After that, he would then send it over to his customers. To put it in simpler terms, dad’s basically the middleman in all of this. As of today, dad’s business continues to grow with returning orders and new customers almost each week.