Today’s episode of The Madgician - a podcast with women entrepreneurs, dives into the world of luxury and innovation with Kristina Bokova, founder of fine jewelry platform, LustrLabs.
During this episode, we explore her journey of turning a vision into a reality, the challenges of navigating the luxury sector, and the transformative impact of emerging technologies like blockchain and AI in luxury jewelry. Kristina shares her experiences with resilience, creativity, and the strategic use of digital tools to elevate her brand.
“I believe resilience is one of the most important qualities an entrepreneur needs. It’s about being able to navigate through the negative turns. You encounter many rejections, have tough days, and often feel alone because no one cares about your idea and vision as much as you do. Resilience is key; you need to try different approaches and pivot when necessary. Exploring all your options, testing, and learning is crucial, and you shouldn’t fear failure. It’s important to give yourself time to determine if something will work or not.
About Kristina Bokova:
With over a decade of experience at the intersection of luxury and technology, Kristina is a passionate entrepreneur, strategic advisor, and global leader dedicated to creating value through the fusion of design and technology.
Kristina is the founder of LustrLabs, a Paris-based fine jewelry platform. LustrLabs combines the craftsmanship of Place Vendôme’s legacy with the creative expression of contemporary artists, serving as a hub where artists, collectors, coders, and designers converge. The platform redefines the collector's journey with a membership-like experience, fostering a deep connection between collectors and their jewelry within a community of art and jewelry enthusiasts. LustrLabs offers unique products and experiences, blending technology, fine jewelry expertise, and traceability.
Additionally, Kristina actively supports women’s empowerment, student mentorship, and startup initiatives, including mentoring for the Outlier Ventures x Farfetch Dream Assembly program, focusing on luxury, fashion, and web3.
What you’ll learn by listening
- Luxury fashion meets technology: How tech is transforming the luxury fashion industry.
- Blockchain for authenticity: Enhancing traceability and authenticity of luxury goods.
- Crafting fine jewelry: Merging creativity, logic, and tech to bring jewelry designs to life.
- Storytelling in luxury fashion: The power of compelling narratives for building a luxury brand.
- Overcoming challenges: Navigating imposter syndrome and celebrating milestones.
- Effective go-to-market strategies: The impact of a strong launch strategy on brand success.
- The power of resilience: The role of persistence in overcoming business obstacles.
- Emerging tech trends: How AI and 3D modeling are shaping the future of luxury brands.