Small Business Knowledge Network w/ Jim Vogel: Take A Smart Risk, Build Big Rewards

Small Business Knowledge Network with Jim Vogel
Small Business Knowledge Network with Jim Vogel

Here comes the Holidays, and the economy is going crazy. It is the perfect time not to play it safe in our small businesses. 

We simply cannot grow without risk. We make our own success by being bold, curious, and open to smart ideas and strategies.  Every successful organization, no matter how small, started because the owner decided on the first day to step out of a comfort zone with a plan and a purpose.

Smart risks are not about lucky breaks. They are about trusting your research, reading the market, and looking for opportunities others might miss. A smart risk could be anything from testing a new marketing idea to expanding into a fresh market or upgrading your technology. The trick is to start small, measure results, and quickly adjust. 

The beauty of smart risk-taking is that it builds momentum. Working toward success does that. Even when a new idea doesn’t hit a home run, the lessons you gain are worth their weight in gold. You learn what works, what doesn’t, and how to pivot strongly the next time. That’s how great small businesses grow. We move. We learn. We improve every day. 

The world of small business moves fast, and staying too cautious can mean getting left behind. The entrepreneurs who thrive are the ones who experiment, adapt, and take action while others wait for perfect conditions that never come.

Always take that next smart step forward. Try every idea you think will work. Communicate with your customers, test the waters, and keep your strategy flexible. Every calculated move today builds the confidence, knowledge, and momentum for tomorrow. 

In a small business, smart risks don’t just spark success, they fuel it.

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This blog, about small businesses, is from Jim Vogel, Small Business Ambassador, Town of Cornelius, NC.

JIm Vogel - Small Business Knowledge Network
JIm Vogel – Small Business Knowledge Network

Chair, Lake Norman Small Business Network 

https://www.facebook.com/SmallBizKnowledgeNetwork

https://substack.com/@therespectedvoiceofsmallbusiness

[email protected] 

919 244 6989

1 800 869 2401 

#thinksmallbiz

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