When to stop?

This month I have decided to bring to a close an event that I have been running almost monthly for many years. The event brings together a group of people with a common interest, but in recent times commitment has been patchy and it feels like the concept has become stale. For some time I had felt something had to change and it emerged that many of the group felt the same yet continued to support it out of loyalty and friendship. It feels like the end of an era but despite the sadness it is the right thing to do. Times change and we all need to move on.
 
Often we continue with things because we feel a commitment to others or because it is too much trouble to upset the status quo. In fact, much marketing and customer service policy is based on the ‘status-quo bias’ which is why the best offers are always to gain new customers rather than to retain existing ones. Most of us will just continue to accept the status quo and avoid making pro-active changes. In the organizational world, we face so much change that pro-actively initiating MORE change seems counter-intuitive. Yet we all have things we are involved with that may no longer have relevance, or need to change. Have the courage to review and stand back from those things. 
 
What do you need to stop doing?
How will you make the change?
What is the first step?