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Lifestyle businesses have a big flaw in American culture though; our safety net is not enough to make "meets expenses" a tenable long-term approach. We basicall

Lifestyle businesses have a big flaw in American culture though; our safety net is not enough to make "meets expenses" a tenable long-term approach. We basically have to aim for a big wad of savings for later in life, which incentivizes going for exits and cash-outs.

fortuna86 4y ago
This also means creation of billion dollar global platforms that Europe and other parts of the world have never accomplished. Trade offs.
- ok_dad 4y ago
  I feel so happy that we have created "billion dollar global platforms" instead of universal healthcare or ensuring everyone was sleeping indoors. Woo-hoo!
  - fortuna86 4y ago
    Are you implying that there are no homeless people in Europe? Or problems with poverty or access to healthcare?
nightski 4y ago
Seeing as only a few % of Americans achieve what you are saying I don’t think it’s strictly true. Maybe if you want to fatfire or something
secabeen 4y ago
Perhaps, I would hope that a sustainable lifestyle business would be able to pay employees and founders enough to build a comfortable retirement nest egg through savings, investments, and compound interest.
TedDoesntTalk 4y ago
VueScan (hamrick.com) is a very good example of a successful lifestyle business (first release in 1998). The founder and his son work on the product full-time. I don't think they have any other staff, but I could be wrong.