As the gold price rises, the manufacturer is offering a 100 percent payout through Sept. 30 for gold clean scrap.
The 11-year-old who’s wired for sales
A few weeks ago, the prologue to the über-popular podcast This American Life featured the story of an 11-year-old girl from west Detroit named Asia Newson who owns her own company, SuperBusinessGirl, and is known as the city’s youngest entrepreneur.

After hearing this episode, I decided to see how Asia’s sales moves--you can see a video of one of her pitches on Facebook--stack up against those outlined by Leo Schachter & Co. executive Peter Smith in our recent interview on his book, Hiring Squirrels: 12 Essential Interview Questions to Uncover Great Retail Sales Talent.
When we interviewed Smith, he outlined his three “absolutely essential characteristics” the very best salespeople possess: drive, empathy and resilience. (Asia has her own list of the qualities that make a good salesperson. They should, she says, speak loudly--which I am not sure is always the right tactic in jewelry sales--be articulate, make eye contact, use hand gestures and “give energy.”)
Looking at No. 1, drive, I would say that yes, Asia has drive. In addition to being known as the youngest entrepreneur in Detroit, she has her own office, in a business incubator space in Detroit that is otherwise used exclusively by adults. She likes what she is doing and already has a track record of success even at her young age.
The second characteristic, empathy, refers to the ability to listen to what the customer is, or isn’t saying, and respond to that. Having listened to Asia’s sales pitch on This American Life and watched her on Facebook, I would say that Asia is not a great listener but she does have the ability to connect with the people to whom she’s selling. She also seems to be a natural at knowing whom to approach with her candles or Charms Blow Pops and how exactly to approach them in order to close the sale.
The third is resilience, which, as any resident of a big city knows, you have to have when pedaling goods on the street.
In my seven years in New York, I have been approached by countless young people selling candy bars, Skittles, etc. for team uniforms and other school purposes, and
Whether you agree with Peter Smith, Asia or have your own list of traits you look for when hiring salespeople, there is one conclusion both Smith and the reporter who did the story for TAL come to and that is: The best salespeople are those who are inherently wired for sales.
Case in point: Asia tried to train her cousin in sales during an afternoon of candle peddling, with poor results. “It is,” the journalist who reported on Asia notes, “a hard thing to teach.”
The Latest

The Waldorf Astoria New York’s grand reopening this past summer means a homecoming for the industry group’s annual event.

Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.


The industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.

The nonprofit awarded four students pursuing a professional career in jewelry making and design with $2,250 each.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

The Texas-based jeweler has also undergone a brand refresh, debuting a new website and logo.

The two organizations have finalized and signed the affiliation agreement announced in May.

The single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.

From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.

Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.

The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.

Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.

The Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.

The Type IIa stone, recovered from Botswana’s Karowe diamond mine last month, features unique coloration.

Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.

NYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.

U.S.-based investment company SMG Capital LLC is the new owner of the luxury brand.

A new court filing details the locations of the stores that will close, as well as the 830 that will remain open.

The new catalogs are “Tools, Equipment, & Metals” and “Findings & Metals.”

Sapphire’s variety of colors make it the perfect birthstone for September.

The retailer has raised its guidance after seeing total sales increase 3 percent in the second quarter, beating expectations.

Niccolò Rossi di Montelera, executive chairman of the board, was appointed as interim CEO.

The three-floor space also features the jeweler’s largest VIP salon in Japan and offers an exclusive diamond pendant.