210: The Diversification Hat

Description

What if the key to building a successful business isn't doing more of the same—but having the courage to grow in new directions?

In this episode of The Hats Podcast, Melissa Dumaz and Kerri Harper-Howie put on The Diversification Hat and welcome entrepreneur Danielle Spangler for a conversation about expanding your opportunities while staying true to who you are.

From building a boutique fitness studio to co-owning multiple restaurants, Danielle shares how taking calculated risks, embracing change, and leading with authenticity helped her successfully grow businesses across very different industries. Together, they explore what it means to diversify your skills, income, and passions without losing sight of the values that matter most.

Whether you're considering a new business venture, looking to create additional income streams, or simply wondering if it's time to step outside your comfort zone, this episode offers practical advice and encouragement for taking your next step with confidence.

In this episode, we cover:

What personal diversification really means and why it matters for long-term growth.
How taking calculated risks can open doors to unexpected opportunities.
Why authenticity and community are powerful business strategies.
The importance of building relationships before building your business.
How transferable skills can help you succeed across different industries.
Balancing multiple businesses, family life, and personal well-being.
Why collaboration is often more valuable than competition.
Practical advice for women looking to diversify their income or start a business.
The role of goal setting, manifestation, and long-term vision in entrepreneurial success.
How staying grounded in your values creates businesses that people genuinely want to support.