By Montserrat Arqué
01 Dec 2023, 18:35 PM EST
A great business lesson is the one given by a couple, owners of a well-known chain of luxury jewelry stores in the United States, who have decided to put an end to their work in order to enjoy their retirement to the fullest, leaving the fruit of their work in their hands. commitment to those you least imagine.
Maddy and Harvey Rovinsky are the owners of Bernie Robbins Jewelers, a jewelry store founded in 1962 with stores in Philadelphia and New Jersey, which has since offered prestigious watches, rare diamonds and jewelry from famous designers.
After many decades of hard dedication, this couple has decided to take a step back from being the ones who continue to lead the business and instead of doing what many others decide, which is to sell it, they decided to leave it in the hands of their most dedicated employees. faithful, those of a lifetime, without money involved.
“My wife and I are no longer children. We don’t have any family in the business and we need a path for succession. You know, our runway is getting shorter and if we have a problem with one of us or both of us, then the business disappears,” said Harvey, in an interview with Fox News.
The couple have always seen their long-time employees as part of their family, as they have lived with them for decades, which led them to make the decision to give their jewelry to those who have helped them be successful for many years.
“We’ve been looking for a way to continue, to continually keep really great people employed. Many of them have been with us for 30 years, 25, 20 years. So they are long-term people, they are like a family,” he added.
In previous years, the Rovinskys had already tried to sell one of their stores and took on the task of looking for buyers for the entire business, but none of them convinced them, since they were not up to the task of continuing the legacy of the original founder, Bernie. Robbins.
“We said, ‘You know, this has been in front of our faces this whole time. Instead of trying to find a qualified buyer, why not give it to people who are now running it successfully?” the old man explained.
Jewelry store owners trust their employees will continue their legacy of success
The couple trusts that their trusted employees, who are now the new owners of the business, will maintain and enhance the brand of this jewelry store.
For now, Harvey will continue to serve as executive director, although his decision and that of his wife is a sign of the trust and gratitude they have in their work team.
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