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As New Chamber Chair, Jeweler Hopes to Help Polish a Gem of a City

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  • As New Chamber Chair, Jeweler Hopes to Help Polish a Gem of a City

    The Lookout News, CA
    June 6 2005

    As New Chamber Chair, Jeweler Hopes to Help Polish a Gem of a City

    By Menaka Fernando
    Special to The Lookout

    June 6 -- At a small desk in the back room of a popular jewelry store
    in downtown Santa Monica, an accomplished businessman with humble
    beginnings divulges the secret of his success.

    "Be true to yourself and do what's really right. Always think what
    the other people need or what it takes to make other people happy,"
    says Eddie Guerboian, the owner of Reader's Fine Jeweler's on
    Wilshire Boulevard.

    Or maybe, he says, "just be married to my wife, Evelyn."

    The several family pictures scattered on his desk and the ebullience
    he exudes when he speaks of his loved ones makes it clear that
    Guerboian is a family man.

    With his son working the register, his wife directing the finances,
    his mother volunteering as the "food-runner" and five generations of
    Guerboian blood behind it, to say that Reader's is a family-run
    business is an understatement.

    And so, when Guerboian took the reins as the new chairman of Santa
    Monica's Chamber of Commerce last week, he planned to turn in part to
    the leadership skills he's learned from his family to help him move
    the city's business community forward.

    Like parents who guide their kids by good example, Guerboian plans to
    lead members of the chamber by exuding passion and positivism every
    step of the way.

    And he hopes to use his small business perspective to help build
    partnerships and encourage all businesses to participate in the
    decision-making process of their community.

    But Guerboian acknowledges that boosting membership and participation
    -- two of his key goals -- will require making the chamber relevant
    to some businesses.

    "From talking to some of the members I hear they are asking 'Oh, what
    the chamber does for me?' and they expect benefits right away," he
    said.

    "But the chamber does so many things that is not tangible... in the
    long-run, to benefit the members, but the result is not right away,"
    Guerboian said, citing advocacy as an example.

    Guerboian plans to talk to these businesses and be "truthful" about
    the benefits the chamber can provide, mainly as a collective
    political voice in a city that is widely seen as "anti-business.

    "I'm not shy to ask people to do things," he said.

    Guerboian's directness may stem from the confidence that comes from
    success. His rags-to-riches story is a testament to America, he says,
    calling it "still, the land of opportunity."

    As a 17-year-old boy, Guerboian immigrated to the United States from
    his native country of Armenia in 1968. His father had just died, and
    he left his mother and siblings to conquer the unknown thousands of
    miles away.

    Guerboian speculated that his father died from the stress incurred
    when Armenia's Communist government nationalized the country's
    businesses in 1967, including his father's jewelry store.

    In America, the only contact Guerboian had was to an Armenian
    Orthodox church in New York. There, he was given the choice of
    staying in Manhattan or coming to California.

    The choice was easy, he said: "Who doesn't want to come to
    California?"

    While juggling two jobs, Guerboian took evening classes and got a
    degree in business from Santa Monica City College. He lived in a
    one-bedroom apartment on the corner of 4th and Strand streets. It had
    a folding bed, he recalled.

    Within five years, he had brought the rest of the family to Santa
    Monica. He married his wife Evelyn -- whom he calls the "love of his
    life" -- 29 years ago and opened the jewelry store in 1977.

    Currently, Guerboian lives with his wife, son, two daughters and
    mother in his Tarzana home.

    Over the decades, Guerboian has watched the Santa Monica business
    community evolve from "good to better." The biggest change, he
    believes, is that most businesses no longer survive as individuals --
    there's more collaboration, and that's a good thing.

    Guerboian is passionate about the need to work with the city's
    developers and lawmakers to solve the specific problems facing Santa
    Monica's business community.


    The chamber's priority will be to deal with traffic, parking and
    homelessness, issues that have caused much friction between the
    chamber and City Council.

    Though he glossed over specific proposals to tackle these problems,
    Guerboain said he feels he is working with the City and not against
    it and plans to meet soon with City officials. "The future looks
    bright," he said.

    Guerboian's optimism reflects his nature, Evelyn Guerboian said.

    "He's always in a very positive mood," she said.

    Still, her husband tends to take a lot on his plate, Evelyn said,
    joking that the family rarely sees Eddie at home.

    In addition to owning the jewelry store, Guerboian coaches two
    basketball teams in an Armenian Youth league and serves on the board
    of the Boys & Girls Club of Santa Monica, among other activities.

    On the rare occasion that Guerboian has free time, he likes to cheer
    on his favorite basketball team, the Lakers, though he was
    disappointed with their showing this season.

    While excited about the prospects for Santa Monica businesses during
    his one-year tenure, Guerboian's enthusiasm is more apparent when
    speaking about a different prospect.

    Recently, Avo informed his father that he would like to take over the
    family business when he gets older.

    "Since I've grown up with it, I've been in the store since the age of
    five, I feel an obligation," Avo said, and he added, "I like it too."


    Guerboian said he considers himself a wealthy man, not because of the
    money he has in the bank, but because of his family and his community
    which he treasures.

    "Santa Monica is the gem of the community, and like a gem, there are
    a lot of faces,' the jeweler said. `Santa Monica has a lot of faces
    and it won't sparkle unless all the faces are polished."
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