meta_pixel
Tapesearch Logo
Log in
Forbes Daily Briefing

How This Entrepreneur Turned Her Ring Concierge Service Into A Growing Jewelry Empire

Forbes Daily Briefing

Forbes

Tech News, News, Business

4.418 Ratings

🗓️ 25 January 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

Nicole Wegman launched a jewelry business with $2,000 to help women navigate the engagement process. Today, Ring Concierge brings in more than $100 million a year—and sells a piece every 2.9 seconds.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Here's your Forbes Daily Briefing for Sunday, January 25th. Today on Forbes, how this

0:07.9

entrepreneur turned her ring concierge service into a growing jewelry empire. Like many

0:15.4

future brides, Nicole Wegman went on a frustrating, months-long hunt for the perfect engagement ring with the man

0:22.3

who became her fiancé. It wasn't that she couldn't find the right cut, color, or clarity

0:27.9

after multiple trips to New York City's Diamond District to find the ideal sparkler. It was the

0:33.5

whole process that turned her off. Wegman ultimately found the antique ring of her dreams,

0:39.7

with a 4.5-carat old mine-cut diamond, at a small boutique in the district, months later.

0:46.7

Wegman recalls, quote, I was drawn to it because it was feminine and had personality,

0:52.0

and the owner of that shop was a woman. She just felt like a kind,

0:55.8

trustworthy individual in a sea of men. The then-26-year-old Wegman knew she wasn't alone,

1:03.3

and after her own wedding in 2013, she became what she had sought in the first place, a ring concierge.

1:10.8

The New York native, with a degree in apparel design from Cornell,

1:14.4

began advising friends and other women on ring shopping in the back room of a jewelry store

1:19.2

in the same diamond district that had vexed her when she was getting ready to say,

1:23.6

I do.

1:25.1

After a few months, Wegman knew she had a business.

1:28.9

That year, Wegman launched Ring Concierge,

1:32.7

following brief stints in product development at Macy's and as a buyer for Bloomingdale's,

1:37.3

with an initial investment of $2,000 to buy an LLC, a web domain, and business cards.

1:44.3

Back then, she charged a roughly 10% commission

1:46.9

to source stones and design rings for clients.

1:51.1

Wegman tells Forbes, quote,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Forbes, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Forbes and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.