Updated
Updated · Entrepreneur · Jul 17
Anna Hudick Retires at 58 to Build $23,000 Jewelry Business
Updated
Updated · Entrepreneur · Jul 17

Anna Hudick Retires at 58 to Build $23,000 Jewelry Business

2 articles · Updated · Entrepreneur · Jul 17

Summary

  • Hudick left an $89,900 engineering career in 2024 to focus full-time on Inside My Locket, her handmade jewelry business, after years of developing the craft and starting to sell pieces.
  • In 2025, her first full year as an artist, sales reached about $23,000, but she reinvested the revenue into supplies, classes and other business costs rather than taking it as income.
  • Silver costs have become a major pressure point: she says sterling silver rose from about $33 a troy ounce in 2024 to $70-$80 last year and hit $100 in March, which she partly attributes to tariffs.
  • Hudick has added jewelry-making workshops priced at $65 to $75 per person and more pop-ups to widen her audience as sales have been soft this year.
  • Working from a 500-square-foot studio on her boyfriend's farm, she says engineering skills such as organization and process planning have helped her turn a long-running hobby into a retirement-era business.

Insights

With volatile silver prices, can a retiree's passion project truly replace a stable engineering salary?
When global industries drive silver prices sky-high, can a solo artisan's business model survive the squeeze?