Squirrel Spotting: A View From a ‘Between-Jobs Guy’
Peter Smith reflects on the connections he’s made during his time off and explains why change is so hard for everyone.

There is the odd juxtaposition of not wanting to drift too far from the ship, lest I find myself unable to get back on board, while at the same time fearing a quick re-boarding might not be the best idea, as I later could realize the ship’s sailing somewhere I don’t want to go.
The incoming calls and conversations to date have been, and I suspect will continue to be, interesting.
There have been calls from people at small and large companies. There are newer operators, and older, more established businesses. There have been retailers and vendors/suppliers. And a partridge in a pear tree … OK, wrong season.
There is, I confess, a real thrill in having the luxury of engaging conversations with company principals about their businesses, and where they want to take them. That exciting stew of frustration, passion, optimism, and history makes for wonderful theater and genuine human connection.
The biggest challenge for me, thus far, has been maintaining a level of sincere interest in learning about the business, the personnel, the company aspirations, etc., if I concluded quickly that joining a given company is just not right for me.
In those situations, I try to be respectful and, where possible, point the interested parties in a direction that might be a better fit for them.
Having a large industry Rolodex (yes, a digital one) has facilitated many solid connections for industry colleagues and companies through the years and I have always enjoyed making those introductions.
One of the more interesting aspects of this between-jobs period has been the number of companies that’ve reached out to enquire about using me in a consulting capacity.
The premise being, one assumes, that if they can’t make a significant hire, they can at least tap into my accumulated experience and know-how to gain an objective assessment of their business.
That has been a great deal of fun, as it allows me to bring my experience and perspective to interested companies without either one of us having to buy the cow, so to speak.
There have also been, naturally enough, a few head-scratchers.
There was the company that wanted to reconstitute their sales team but ended up doing nothing.
The business that was sick and tired of taking two steps forward, followed by two steps back, but decided ultimately to continue as they were because … well, because of Russia.
The company that wanted to buy another organization as an acquisition play but ultimately dropped the idea because of costs that would be no more than rounding errors in any eventual transaction.
In “The Catalyst, How To Change Anyone’s Mind,” Jonah Berger wrote, “Change is costly and requires effort, so as long as things are good enough, the impetus to switch is muted. Research suggests that the potential gains of doing something have to be 2.6 times larger than the potential losses to get people to take action.”
Psychology has a term for believing you want to do something, and then not doing it. It is called the status quo bias.
It’s why we stay with the same insurance company when we would be better off making a change.
It’s why we continue to visit the same barbershop, even as those haircuts become less satisfactory.
It’s why we continue to give our business to the same old dry cleaner while lamenting the quality of their work.
Companies, even those that self-servingly sprinkle their communications with buzzwords such as “innovative,” and “disruptive,” are more often risk-averse. In fact, a Boston Consulting Group survey from 2015 identified risk-averse cultures as being the major impediment to innovation.
Neuroscientist and author Robert Cooper wrote in “The Other 90%” that, “The amygdala’s instincts, which have evolved over thousands of years, tend to spill into every aspect of life and promote a perpetual reluctance to embrace anything that involves risk, change or growth.
“Your amygdala wants you to be what you have been and stay just the way you are.”
With all due respect to Mr. Cooper, I’ll end it there. I’ve got to wrap this up for now, as I need to find a ship that just might be going my way.
The Latest

The yet-to-be named stone is the 10th diamond weighing more than 1,000 carats to come out of Lucara’s Karowe mine.

The founder of Fords Jewelers, Berman is remembered for his love of connecting with his community.

The watch and jewelry retailer had a strong fiscal year despite what its CEO described as a “complex operating backdrop.”

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

The open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.


Bold color, expressive gem-setting, and sculptural form define the three chapters that make up “Stile Libero.”

The New York-based jewelry brand has expanded overseas, opening a store in London’s Mayfair district.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

These long, fluid drop earrings are sure to catch the eye.

Alberto Perez-Elias is one of four men charged with robbing a Cape Coral, Florida, jewelry store and is the only one still at large.

Initiatives in Art and Culture is hosting its 16th annual Gold and Diamond Conference, with the theme of “Resilience.”

The designer, who once said she’d never sell lab-grown diamonds, debuted two capsule collections designed to be fun and easy to wear.

The diamond miner and marketer is undergoing another round of cost-cutting measures ahead of its sale by Anglo American.

The annual trade-only buying event is slated for Oct. 16-19 in Miami Beach, Florida.

AGTA also has announced the lineup of judges for the colored gemstone cutting and jewelry design contest’s various categories.

Collectibles platform Arena Club’s new Time Boxes could contain a Rolex or Patek Philippe watch.

The “Constellation Plié” collar, our Piece of the Week, features diamonds arranged in a constellation of shining stars.

Shaun Wills joined the company in 2024 and was chief financial officer of the De Beers Brands and Consumer Markets division.

In honor of its 20th anniversary, the jewelry brand has released a limited-edition collection of Swiss-made timepieces.

“Human Being” highlights the similarities and differences between us through five sets of jewelry that celebrate fine craftsmanship.

Richemont will continue to provide operational services for the watch brand for a period while the group prepares to integrate it.

Nate Borgelt will lead the digital auction house and content platform’s new division as head of watches.

Enoch Platero, founder and designer behind Enoch Michael, is the first Native American jeweler to win the award.

AGS also announced the recipient of its “Women in Leadership” scholarship.

The founder of the billion-dollar jewelry and lifestyle brand will debut as a full-time “Shark” on the upcoming season of the show.

Plus, why retailers should be ready to adjust as the U.S. population may decline this year for the first time since the Great Depression.

René Lalique’s “Woman Dragonfly With Open Wings” pendant, the first piece the museum acquired, was one of the jewels taken.


























