Sponsored by the Gemological Institute of America
Coach’s Corner: ‘Tis The Season to Set Goals for 2021
Pat Henneberry is all about setting goals for her physical therapy sessions, and she wants to help you do the same for your business.

I was at my physical therapy appointment recently. I’ve been in PT for three years. I’m starting to see results and am anxious to start doing more—longer walks, swimming, spinning … the list is a long one.
I realized it’s time for me to have some goals. For the longest time I’ve been focused on getting stronger but with no specific end game in mind.
So, I mentioned to my physical therapist that I wanted to have some goals to work toward.
He agreed and asked me what I thought they would be. I made a list of them and he immediately put me on the stationary bike for five minutes, which I paid for the next day.
It feels good to have a goal in place. I’ve always been an athlete. My days were always training for the next triathlon or open-water swim.
With the difficult year everyone has had, I ask you: Have you been able to stop and think about your goals for 2021?
Here are some simple questions that, I hope, get you thinking.
— What are you most looking forward to in the new year?
— Is your business prepared for it?
— What are your business goals for the year 2021?
Setting business goals might seem daunting when there is uncertainty, but trust me, I’ve learned that answers give you hope. As business owners, you must make the decision that you will not be victims in your story. You must be the hero!
Ask yourself: What did you learn this year that you want to carry into 2021?
You need to think ahead and set your business up for a strong year of growth. Answering these simple questions will help get you started.
Don’t wait for Jan. 1 to make your move. Start now!
There are many areas of your business for which you can define goals.
Some of these might be purchasing new equipment, hiring more staff, joining the American Gem Society, dedicating more time to your marketing, looking for something new that will bring customers into your store (get creative—there are new technologies in our industry), increasing traffic to your website or building a blog.
Your
Below, I share the three important steps in business goal-setting for the new year.
Discover. What do you want to achieve in 2021? Define your business goals. You might want to ask your employees for help with this.
Create a Roadmap. It’s simple—write down what you want to achieve.
Write it in a number of places. Put it up in the kitchen, next to the cash register, on the back door as you walk out. Dream big.
When I was a competitive swimmer our coach made us write down the time we wanted to beat. I had it on my locker, on the front of my notebook, I even wrote it on my hand (thank God tattoos weren’t popular back then, I’d be walking around with 56.10 on my arm!).
Get to work. Make the commitment to stay on course. Stay on top of these goals all year.
Now, it’s time for me to get back to my PT. I’ll be swimming soon, and then running up and down the show floors in 2021.
Best of luck!
The Latest

The 2025 Australian Open champion is the jewelry brand’s first athlete ambassador.

The West Village jewelry boutique’s new shop-in-shop is the cornerstone of Nordstrom’s revamped jewelry hall.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

This past year, the manufacturer said it recorded below-zero emissions per carat of natural diamond.


The brand’s “Golden Strada” statement necklace features round, marquise, and pear diamonds that sparkle like Fourth of July fireworks.

JSA’s Scott Guginsky provided a list of nine security measures jewelers should observe while locking up for the long weekend.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

Located on Rodeo Drive, the store’s design was inspired by Hollywood and Los Angeles culture.

The new location continues the brand’s celebration of its 25th anniversary.

The online watch marketplace’s “Time Is Our Thing” campaign highlights the importance of time.

She will oversee strategic planning, fundraising, industry partnerships, and the launch of the Gem Legacy Campus in Tanzania.

Working with Amazon’s Counterfeit Crimes Unit and law enforcement, Pandora helped to shut down a large-scale counterfeit network in China.

The jewelry company has closed its three California brick-and-mortar stores, as well as its online shop, for now.

The company is providing the opportunity for an FIT student to work alongside master diamond cutter Willie Lopez in its workshop.

He is remembered for his successful entrepreneurship, generosity, and dedication to his family.

The jewelry store chain has reportedly been struggling with costs related to tariffs as well as tough retail competition.

Welcome warm summer days with red hot rubies perfectly chosen as July’s birthstone.

Co-founders Afzal Imram and Lin Ruiyin brought their son’s story of a cosmic egg, toadstool, and railroad to life in their new collection.

This year’s winner is Morgan Keefe, who is currently studying at GIA to be a gemologist.

“The Jewelry Book” comes out this September.

The company is focused on modernizing the custom jewelry buying experience with e-commerce tools like product visualization and 3D styling.

Following its recent acquisition, the storied brand has updated its leadership team and regional managers.

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

The 20-karat yellow gold and diamond wrap ring is modeled after the Monstera plants in the garden of the brand’s Miami villa.

Rocksbox President Allison Vigil shared the retailer’s expansion plans, and her thoughts on opening stores in malls.

The creator of the WJA Chicago chapter is remembered as a champion for women in the jewelry industry and a loving grandmother.