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I haven't personally observed hate for lifestyle businesses, only a prevailing opinion that lifestyle businesses aren't "startups." The distinction is probably
by Goladus 16y ago
I haven't personally observed hate for lifestyle businesses, only a prevailing opinion that lifestyle businesses aren't "startups." The distinction is probably imprecise in some cases, but growth is probably one of the key differentiators. Where a profitable lifestyle business might be happy to grow a few percept per year indefinitely, startups will tend to have a much more ambitious growth plan.
In any case, the result is that discussion, comments and advice for startups will sometimes be different than for a lifestyle business, funding being one of the obvious topics. Another is that yes, size of the business is important. Profit is not just the bottom line, the other is influence or power.