Moti Ferder: The Diamond Business
Does the sight of diamonds instantly make you starry-eyed? Are you interested in learning more about the diamond business? If so, it's a good idea to look at some of the great leaders in the diamond business. As the founder of Lugano Diamonds, Moti Ferder is a standout, reputable businessman and has gained a wealth of knowledge from his years in the diamond industry. For Ferder, diamonds are the family business and have been this way since 1965. There are a few components to consider when you're looking to get into the diamond business and he is one of the best people to take notes from.
1. Always work on perfecting your craft.
Within the diamond business alone, there are so many ranges of skill sets. Because the diamond business is so competitive, you'll want to have some tricks in your arsenal that'll help you stand out from the crowd. In Ferder's case, he is exceptionally skilled in diamond cutting. No one comes from the womb knowing how to cut diamonds perfectly. This is a skill he had to develop. In his book, Outliers, author Malcolm Gladwell suggests that a person should work on their craft for at least 10,000 hours. While some may disagree, there is definitely a benefit in focusing
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