Back in 1998 I was making $70k and had everything I needed. I was bumped to $80k in 1999 and now had more than I could spend. The extra $10k did not alter my

Back in 1998 I was making $70k and had everything I needed. I was bumped to $80k in 1999 and now had more than I could spend. The extra $10k did not alter my spending habits any, other than I did not have to space out buying big ticket items (say a new laptop or other expensive purchases) as much. Of course I was saving as well. Of course people have children, need retirement money etc. and money needs can increase. But as some studies have shown, once you hit an income that puts you in the top 10% or so of income earners, there is diminishing utility to each extra dollar you get. At some point a well paying job you enjoy is worth more then one you do not enjoy paying double. A lifestyle business is the business you want to create. You usually don't have to deal with investors or all that that entails including the type of business it will be and its goals. And as someone else here said, it often winds up the case that the lifestyle business is the one that gets the big exit offers, as opposed to the ones designed from the get-go as a vehicle for getting investments and an exit.