The CEO of a jewelry service discuss mastering timing for purchasing

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September 3, 2020 1 min read Opinions expressed by Business owner factors are their own.

David Lee is the CEO of Hing Wa Lee Jewelers in Southern California and a prolific Ferrari collector. In this episode of #ThePlaybook, he talks with host David Meltzer about when to buy and offer, perseverance through obstacles and perseverance when beginning a company.

Lee discusses his strategies for investing in his business and vehicle collection, which includes comprehending the market, knowing supply and demand, avoiding panic and looking for opportunities in a down market. He says, “If you can make [your business] work during an economic crisis, you can make it anytime.”

Lee likewise talks about purchasing “treats” like unique automobiles for himself only after years of effort and when he’s looked after his business and household. He recommends young entrepreneurs establish resilience and have persistence if they wish to be effective as earning money takes time.Related: Being Kind and Hungry Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.