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"Without a head count growth though, you're just supporting a lifestyle. " I don't understand how you can come to that conclusion. Business success is defined
by comatose_kid 17y ago
"Without a head count growth though, you're just supporting a lifestyle. "
I don't understand how you can come to that conclusion. Business success is defined by profits, not ever-increasing headcount.
- nonrecursive 17y agoThe definition axod gave reads, "Lifestyle Businesses typically have limited scalability and potential for growth because such growth would destroy the very lifestyle for which their owner-managers set them up." So I can see what you're saying comatose_kid, but if we're talking about lifestyle businesses it makes sense to talk about organizational growth rather than profit growth. How would making more money destroy your lifestyle? And why would a lifestyle business's owners be afraid of making more money?