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Folks, not everything is “late stage capitalism.” Furniture repair has been the domain of small businesses forever. And they are in crappy little out of the way
by snowwrestler 2y ago
Folks, not everything is “late stage capitalism.” Furniture repair has been the domain of small businesses forever. And they are in crappy little out of the way places because that’s where real estate is cheap, and they don’t need foot traffic. Customers come find them when they need furniture repaired.
Furniture repair is also not a “lifestyle business.” That phrase is not a synonym for small business. Furniture repair is hard work and low margin. Customers are intermittent so it’s hard to take time off (because you risk losing a significant project).
A lifestyle business is a business that people set up who are trying to fund their preferred lifestyle. For example, a single person SaaS that creates monthly passive income, like half the people here on HN are trying to set up.
I worked for a lifestyle business: the owner was an entrepreneur with 2 successful exits and did not need to work. But he had set up a tech consultancy so he could work on a few interesting projects a year and funnel all his favorite expenses (new tech gadgets, cars, travel, etc) through a tax-advantaged business entity.
He picked his lifestyle and then built the business around that. Most small businesses are the other way around: the owner has to adapt their lifestyle to the business, in order to stay in business.
- PaulDavisThe1st 2y agoI don't fundamentally disagree with what you've written here, but the reality is that we don't have any idea from TFA just what sort of situation Luxcious is actually in. They may be a "just getting by" furniture repair shop, or they may make easily as much as the owners want it to, and in the meantime provides work that they and their employees (if there are any other than the owners) find interesting and/or rewarding. This exists too (even if it may indeed not be the norm).