Every small business is about making risks. I’ve talked before about the risk we took going from just selling locally on craigslist, to having a booth at the first Vintage Market Days (VMD) of St Louis and how well that risk paid off. My husband and I talked earlier this year about possibly doing a show outside of St Louis, to try to broaden our clientele reach. So, when we heard that Northwest Arkansas was opening its first VMD this spring, we thought that getting a booth there might be a good way to expand! So we applied, got in and got working right after the Spring VMD here locally.
This might be helpful to someone out there, but mostly I’m writing this down for me. So I don’t forget!
What about you? Have you ever made a business risk that didn’t pay off? What did you learn?