Personal Development for Smart People^TM Forums

mustard76 · 07-17-2007, 01:55 PM

Recently a friend accused me of trying to build a lifestyle business, rather than a "real" business.

Can someone help me understand the difference? I assume lifestyle businesses are intended to maximize the lifestyle of the owner rather than profits of the business?

Brutha · 07-17-2007, 03:01 PM

Lifestyle business is the term for a business that once set up doesn't require much time to keep up.
At the same time it should provide the money, to live where you want.

Sam988 · 07-17-2007, 04:04 PM

A good example of a lifestyle business is stevepavlina.com

joshbickford · 07-17-2007, 04:24 PM

Real businesses are for people that want jobs. Lifestyle businesses are the one's the entrepreneurs set up.

We want time and money, not just money!

PMcDonald · 07-21-2007, 03:00 PM

Unfortunately, most of us have been taught since birth that money is a result of hard work when the reality is that money should be a result of smart work.

It doesn't matter how much time or effort is put into a business, whether at startup or on a daily basis - if a sincere service or product, something of high value, is being provided then the income will follow.

Another thing I learned is that people get uncomfortable when others around them are going after their dreams because it forces them to take a good look at themselves and question why they are settling in life. Most people are unwilling to look inside and take that responsibility head on, and therefore they try to pull others who are moving forward back down to their level.

07-17-2007, 01:55 PM	#1 (permalink)
mustard76 Senior Member Join Date: Nov 2006 Location: Boston, MA Posts: 173	Lifestyle business? Recently a friend accused me of trying to build a lifestyle business, rather than a "real" business. Can someone help me understand the difference? I assume lifestyle businesses are intended to maximize the lifestyle of the owner rather than profits of the business?

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
On Lightworking and Business	ahimel	Business & Financial	2	06-28-2007 02:40 PM
Big Business vs. Small Business Million Man March in Washington DC?	digimint	Business & Financial	0	04-30-2007 07:16 PM
relationship with my parents / business	ethereal	Social & Relationships	2	03-19-2007 06:37 AM

07-17-2007, 03:01 PM	#2 (permalink)
Brutha Family Member Join Date: Nov 2006 Location: Berlin, Germany Posts: 8,749	Lifestyle business is the term for a business that once set up doesn't require much time to keep up. At the same time it should provide the money, to live where you want.

07-17-2007, 04:04 PM	#3 (permalink)
Sam988 Family Member Join Date: Mar 2007 Posts: 1,232	A good example of a lifestyle business is stevepavlina.com

07-17-2007, 04:24 PM	#4 (permalink)
joshbickford Member Join Date: Dec 2006 Location: USA Posts: 64	Real businesses are for people that want jobs. Lifestyle businesses are the one's the entrepreneurs set up. We want time and money, not just money!

07-21-2007, 03:00 PM	#5 (permalink)
PMcDonald Banned Join Date: Dec 2006 Location: Suburb of Chicago Posts: 80	Unfortunately, most of us have been taught since birth that money is a result of hard work when the reality is that money should be a result of smart work. It doesn't matter how much time or effort is put into a business, whether at startup or on a daily basis - if a sincere service or product, something of high value, is being provided then the income will follow. Another thing I learned is that people get uncomfortable when others around them are going after their dreams because it forces them to take a good look at themselves and question why they are settling in life. Most people are unwilling to look inside and take that responsibility head on, and therefore they try to pull others who are moving forward back down to their level.

Personal Development for Smart PeopleTM Forums

Personal Development for Smart People^TM Forums