Founder Israel Davidov and Son Yekutiel Davidov Run ID Jewelry in the New York Diamond District

There is nothing better than a family business, right? Well, at least that’s what Israel Davidov and his son Yekutiel Davidov are proving. That is the lesson they are teaching us all. They show that you can really make it in New York, despite the fact that the market is so competitive and that you have a lot of businesses to, well, compete with if you want to succeed. These two people show that family business can make a name for itself and become extremely recognizable in any industry, as long as the people involved put in the hard work.

And, Israel and Yekutiel Davidov really did put in a lot of hard work into their business. Plus, it is a diamond business, which I am sure sounds rather impressive. Well, that’s because it most definitely is impressive. So, it is time for us to get familiar with a business in New York Diamond District that has been around for a while and that has undeniably become quite big in the industry. Who knows – their story may just inspire you to start that business you have been dreaming of, and to finally make your dream come true.

Meet ID Jewelry

So, let us start by getting acquainted with ID Jewelry, the business that today’s story is actually all about. So, basically, Founder Israel Davidov and Son Yekutiel Davidov run ID Jewelry in the New York Diamond District and they do great work standing out and making it in this industry. Over time, this company has become a synonym for excellence, and it is where people go when they need to get some diamond jewelry. We’re talking not only engagement rings, but also all kinds of pendants, bracelets, necklaces… Basically, anything you can think of.

Located in the New York Diamond District, this business immediately shows what it is all about. And, clearly, it is about diamonds. Learn more about diamonds if you are not entirely sure what to expect when you pay a visit to this store, or if you’re not sure how to actually ensure that you’re getting great quality ones. The good news, though, is that if you visit ID Jewelry, you won’t have to worry about quality, because it will undeniably be unprecedented.

Over time, as this business grew, the founder started recognizing the importance of putting a kind of a modern spin on it. Or, perhaps it was his son that made this happen, simply because he grew up in the modern world, and he definitely understands the importance of making certain changes in order to, well, make it in that world. In short, he understands the importance of online presence, so that is why you can nowadays easily find a website of this business, and even order your diamond products online.

Origins

Let us go back in time a bit. Sure, we understand that this business is quite modern today, and that is keeping up the pace with all the new trends in the industry, as well as all the new marketing trends for that matter. But, we have to know how it all came about, and how this family company actually started in the first place, so that we can really appreciate its growth. So, let’s go back to the beginnings.

It all started in 1973, when Israel Davidov decided to take up diamond cutting. He mastered this craft and then kept on expanding his skills, understanding the importance of becoming an expert in this area if you really want to gain an audience, as well as loyal customers who believe in the quality that you are offering. So, in 1982, he shifted towards jewelry manufacturing, aiming at learning all the tricks, and focusing both on the technical and artistic, as well as on the business side of things.

This led to him founding Idjewelry.com in 1986, after which he shifted towards retail, doing his best to make it in this world. And, he absolutely did make it, as he started selling directly to customers and ensuring that his exceptional work is being seen by people. And, people really appreciated it, because they automatically recognized the amazing quality that he is offering. From the very beginnings of this business, Israel Davidov aimed at not only selling his products, but also on educating his clients on diamonds, thus helping them really understand what it is that they are buying, and giving them confidence in recognizing great quality.

The Growth of the Business

The business definitely started growing rapidly. And, Yekutiel, Israel’s son, decided to step in from an early age. So, he worked during those breaks from school, learning the craft and the business from his father, which made him become familiar at a rather young age with all the technical side of making diamonds, as well as with the customer care side, which is just as important for this business.

As time passed, he became the co-manager. And he is nowadays involved in every part of the process, while he has also brought in some innovations of his own. For example, he writes blogs that serve to educate customers even further, thus making sure that they know what they are buying and how to spot good quality. Today, ID Jewelry, run by Israel and Yekutiel Davidov, is an trusted business that operates in the NYC Diamond District and that has gone through a lot of challenges over time, only to become one of the best known companies in the industry. Only to, well, make a name for themselves, which they absolutely did.