If you want to try your hand at the jewelry business

If you want to try your hand at the jewelry business

Have you been experimenting with making your own pretty jewelry designs since you were a kid, but you are never quite sure what to do with them? Far from being a nice little personal gift to give your family and friends, your jewelry designs could be the source of a nice little income for you.

Many people who start selling their handmade jewelry are surprised how quickly it takes off. In no time, you may be ready to quit that day job and become the boss full time. If you want to try your hand at the jewelry business but aren't really sure where to start, this guide will help you get things off the ground.

Take a Deep Breath and Take the Plunge

The hardest part for most people who are interested in turning their jewelry hobby into a business is just getting their nerve up and going for it. Starting a business can be a scary process, but the key is to educate yourself as much as possible and then take the leap. Remember, it is ok to start small and dip your toes into the water. You don't have to buy a shop front, hire staff and go through all of that to try out life as a jewelry designer. Taking baby steps is a good way to get started.

In fact, one of the easiest ways to test the water is to do it surrounded by supportive family and friends. Hold a jewelry party at your house, where you can display all of your latest designs and creations. Of course, you can sell your jewelry at the party if you choose (and remember, when you make your first sale, you are officially a professional!), but more important than selling at this party is soliciting opinions. Encourage your friends and family to be honest with you about what is working and what is not, so you can make changes as needed and move up to the next level with confidence.

This next step might include setting up a website as well as visiting local boutique shops and galleries to see if you can get anyone interested in your designs. Try and tempt a few local retailers to take some of your stuff in on a consignment basis, and then see how it goes.

Promote your product through word of mouth or through low cost advertisements in the local paper. By taking these kinds of baby steps, your business will grow naturally. As demand increases, so will your income, and you will be able to adjust your plans accordingly. Above all else, just go for it. You have nothing to lose and so much to gain!

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