Connect with us

Encourage ‘Radical Honesty’ in Your Jewelry Store … And Watch How Quickly Things Improve

Jimmy DeGroot discusses learning from your team.

mm

Published

on

It’s impossible to be great at every aspect of running a business, from sales to accounting to human resources to marketing. But that doesn’t mean you have to accept mediocrity — or worse — in any of those areas.

Chances are, you already have some of the expertise you need on your team, says jewelry marketing specialist Jimmy DeGroot. You just have to be willing to listen.

In the video below, he talks about “Radical Truthfulness” and “Radical Transparency,” concepts he learned from Ray Dalio.

They boil down to “that ability to respectfully disagree with one another and develop a business where everyone is empowered, respected and appreciated for their input,” DeGroot says.

Recognize your own weaknesses, and then see if you can find someone on your team who has those skills.

“You’re not good at everything!” DeGroot says. “So stop hindering your business by trying to do the things you’re bad at. It’s not fun! And then create an atmosphere in which your people can feel free to give creative input and opinions.”

Advertisement

Learn more:


Encourage ‘Radical Honesty’ in Your Jewelry Store … And Watch How Quickly Things Improve

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | MSG Jewelers

Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

Promoted Headlines

Most Popular