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I think the term "lifestyle business" scares a lot of startups.
by pclark 18y ago
I think the term "lifestyle business" scares a lot of startups.
- sachinag 18y agoNo, it scares investors, as well it should.
- henning 18y agoWhich is why having outside investors isn't right for everyone. Who needs whom more?
- deleted 18y ago[deleted]
- jeremychone 18y agoYes, I was going say the same thing. I think investors want entrepreneurs to do a scale first. Easier to make big and fast bucks on something emotional than something rational.
- cedsav 18y agoEvery business should be a "lifestyle business". If don't know what a non-lifestyle business is, but it sounds like something that's unsustainable, that doesn't make you happy and thus doomed to fail.
- davidw 18y agoPG seems to have done pretty well with viaweb, even though it was a fairly brief part of his life. In any case, though, I would take issue with the idea that 'profit first' is necessarily a 'lifestyle business'. That seems to be comparing apples and oranges.