Cheers to You Continues: What’s one big “risk” you are considering taking in 2025?

[tranguyen]

Hey superstars 🌟

Thank you to everyone who joined us live for Cheers to You! It was inspiring to celebrate the outstanding achievements of our Community members this year. Let’s keep the conversation - and motivation - going!

We want to hear from you…

What’s one “big risk” you’re considering taking in 2025?

What will it mean for your business if it paid off? And what support would you need to take that risk? 

Share your thoughts in the thread. You might be able to connect with other members who are taking on similar challenges or who’ve faced them before. Together we can exchange actionable tips,  advice, and encouragement. 📝

[DLFdesigns]

I'm considering adding jewelry classes to my business when the studio is built this spring! I live in a very rural area in Canada, so this is a risk.

[GriffinCollect]

Starting 2-3 new businesses with 1-2 of them being niched, high-end versions of our current digital agency model. 

[Hailey]

VERY exciting!!! What do you think this risk would do for your business if it was successful?

[GriffinCollect]

I think the biggest thing is it would finally position us among certain industries that would allow us to start charging market rate for services - without compromising the fact that we're built on providing services to small-medium type clients. It would allow us to still service them under one brand without losing their business - but also allow us to greatly increase overall revenue by having specialised clientele. 

[CareyJo]

Wow!  That's an undertaking!  Wishing you every success!

[Prettynstyle]

Having revamped my business and starting all over again but it will pay off in the end 

[shaqpeaz]

Big Risk: Going back to College for Office Administration, then trying to travel afterward for Travel Photography, plus saving for a new Camera!

[Hailey]

WOW!!!! Big risk but i can already see the huge reward! Let us all know how we can help motivate you in this

[katie]

Love this, @shaqpeaz ! Where is first on your list to travel? 😊

[shaqpeaz]

USA!

[Karen_Lunde]

Our 2025 Risk: Fair Trade Minneapolis (501c3 nonprofit Fair Trade Town) RISKS increasing our credit card debt by continuing to buy art made by parents paid fairly for their work with Papillon Marketplace in Haiti, hoping to sell it in/near Minneapolis - at street fairs, art fairs, fundraisers for other nonprofits, etc - please look at this great art! Metal wall art, bracelets, necklaces, earrings, inspirational ceramic mugs, greeting cards, and Haiti Friend Dolls - If you know anybody who can sell this art, please encourage them to buy it too! Wholesale code WHOLE50 - https://www.papillonmarketplace.com/

[Hailey]

ROOTING FOR YOU!!!! What do you imagine this risk "paying off" looks like? Lets see the vision 

[EMstudioWA]

One big risk I'd like to take is buying my own building so that I can take control over my space.  I know there is a lot involved in commercial property ownership, but I feel like I'm throwing away money every month by renting.

[maxpete]

@EMstudioWA you got this!! 

[JUYBoutique20]

I want to buy my own building as well, but it will be a few more years for me.  I wish you much success.

[MudFire_Dex]

Us too - our landlord has offered us the opportunity to buy the building in 2 years when our lease extension ends and I'm close to having the 20% down payment he wants saved up. We have just completed our renovations as well 🙂

[DLFdesigns]

Wishing you success in finding the perfect space for you!

[BofBArtStudio]

That sounds like a great goal. 

I own my building and there are pros and cons for sure compared to renting. 

One of the best things about owning is being able to make all the decisions about the building itself.

Good luck to you!

[EMstudioWA]

Thank you!

[CareyJo]

I hope you find the perfect space!  Just imagine the possibilities!  It's so exciting!