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When Disaster Strikes

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Our lead story in this issue might be a bit tough to read.  
Imagine the worst thing that could happen to your business. And see if your imagination matches the reality that actual jewelry businesses faced in our lead story, ?Starting Over?.  

In this feature, we visit a store destroyed by a fire, another where the manager was robbed at knifepoint of virtually all of the store’s merchandise, another struck by a calamitous flood, and another which had a speeding car crash through its front window at 100 miles per hour. Finally, we’ll take you to another store, located in the shadow of the World Trade Center, that was devastated by the events of September 11, 2001. 

Horrible events? Absolutely, yes. Each business suffered enough that its owner(s) would have been perfectly justified in closing up shop. And yet none of them stayed closed for more than a few months. And today, you could say that each of them is better and stronger now than they’ve ever been.  

How did each store bounce back so strongly? In most cases, with the help of friendly neighbors, business associations, understanding customers, and supportive fellow members of the industry.  

Our store owners provide lessons they’ve learned and things they wish they knew before disaster struck: how to safely store jewelry and flood- and fire-proof your store, ways to lower the risk of losing everything in a robbery, even how to handle telling your customers that you’ve lost all their jewelry. 

But, let’s face it, in the end, there is no way you can ever truly prepare for disasters like these. And the real key to each of these comeback stories is something that can be found only inside oneself.  

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Because when the worst happens, that’s when the best in us comes out.  

And that’s probably the most important ? and inspirational ? lesson any story can provide. See you next issue. 

Wishing you the very best business,

David Squires  
Executive Editor and Associate Publisher  
Click here

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This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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David Squires

When Disaster Strikes

Published

on

Our lead story in this issue might be a bit tough to read.  
Imagine the worst thing that could happen to your business. And see if your imagination matches the reality that actual jewelry businesses faced in our lead story, ?Starting Over?.  

In this feature, we visit a store destroyed by a fire, another where the manager was robbed at knifepoint of virtually all of the store’s merchandise, another struck by a calamitous flood, and another which had a speeding car crash through its front window at 100 miles per hour. Finally, we’ll take you to another store, located in the shadow of the World Trade Center, that was devastated by the events of September 11, 2001. 

Horrible events? Absolutely, yes. Each business suffered enough that its owner(s) would have been perfectly justified in closing up shop. And yet none of them stayed closed for more than a few months. And today, you could say that each of them is better and stronger now than they’ve ever been.  

How did each store bounce back so strongly? In most cases, with the help of friendly neighbors, business associations, understanding customers, and supportive fellow members of the industry.  

Our store owners provide lessons they’ve learned and things they wish they knew before disaster struck: how to safely store jewelry and flood- and fire-proof your store, ways to lower the risk of losing everything in a robbery, even how to handle telling your customers that you’ve lost all their jewelry. 

Advertisement

But, let’s face it, in the end, there is no way you can ever truly prepare for disasters like these. And the real key to each of these comeback stories is something that can be found only inside oneself.  

Because when the worst happens, that’s when the best in us comes out.  

And that’s probably the most important ? and inspirational ? lesson any story can provide. See you next issue. 

Wishing you the very best business,

David Squires  
Executive Editor and Associate Publisher  
Click here

Advertisement

Advertisement

SPONSORED VIDEO

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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