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

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

tranguyen — Thu, 11 Dec 2025 17:18:51 GMT

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. 📝

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

DLFdesigns — Wed, 04 Dec 2024 17:47:53 GMT

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.

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

GriffinCollect — Wed, 04 Dec 2024 17:48:06 GMT

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

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

shaqpeaz — Wed, 04 Dec 2024 17:49:04 GMT

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

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

Karen_Lunde — Wed, 04 Dec 2024 17:52:04 GMT

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/

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

EMstudioWA — Wed, 04 Dec 2024 18:01:20 GMT

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.

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

Hailey — Wed, 04 Dec 2024 18:16:35 GMT

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

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

Hailey — Wed, 04 Dec 2024 18:17:48 GMT

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

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

Hailey — Wed, 04 Dec 2024 18:18:36 GMT

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

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

GriffinCollect — Wed, 04 Dec 2024 18:23:45 GMT

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.

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

maxpete — Wed, 04 Dec 2024 19:45:56 GMT

@EMstudioWA you got this!!

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

Snaxx — Wed, 04 Dec 2024 21:22:12 GMT

I have a mobile cigar service. I am thinking about hosting our own cigar nights monthly. It doesn’t sound like a risk in theory. However, spending the money for a venue can be the financial risk. On the positive side, I feel like that would help us in reaching a new set of customers.

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

maxpete — Wed, 04 Dec 2024 21:29:10 GMT

This sounds like it could be a hit! Please keep us posted on how it goes 🙂

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

JUYBoutique20 — Thu, 05 Dec 2024 05:50:06 GMT

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

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

JUYBoutique20 — Thu, 05 Dec 2024 05:52:26 GMT

We're wanting to add formal wear to our store in 2025. I really think this will help us grow in our new location.

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

Donnie-M — Thu, 05 Dec 2024 10:52:44 GMT

I am embarking on using an advertising agency in a partnership with a cafe as a "case study" on how effective they can be backed up by real world data. If it works, it will really test my systems and ability to scale a small restaurant. The risk is in I get to test myself and my ability to hire and put the right people in place.

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

maxpete — Thu, 05 Dec 2024 11:46:09 GMT

Sounds like a cool experiment and excited to follow along!

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

doc_choc — Thu, 05 Dec 2024 12:14:29 GMT

We are looking to purchase some new processing equipment, around $90K's worth. It will allow us to process around 250kg's per hour. It will open up some new product categories and speed up production of some current products enabling us to remain price competitive.

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

maxpete — Thu, 05 Dec 2024 14:53:03 GMT

So cool! Let us know how this works out!

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

DLFdesigns — Thu, 05 Dec 2024 15:00:30 GMT

Wishing you success in finding the perfect space for you!