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Someone making tens or hundred of millions of dollars a year is far beyond the definition of a lifestyle business. At that point you will have achieved signifi
by andreilys 7y ago
Someone making tens or hundred of millions of dollars a year is far beyond the definition of a lifestyle business.
At that point you will have achieved significant scale and all the headaches that come with it.
Getting back to the above post, a budgeting tool is a lifestyle business. It will likely never grow to 100m+ revenue or 200+ employees.
It can however make for a great lifestyle business that generates enough money to cover living costs with minimal investment from the owners (after initial investment of building the business).
- kraigie 7y agoWhat if their lifestyle costs tens of millions? This just proves how stupid the label is.