{"id":2655,"date":"2022-04-28T07:10:26","date_gmt":"2022-04-28T07:10:26","guid":{"rendered":"https:\/\/zeroniche.com\/?p=2655"},"modified":"2023-04-04T20:49:00","modified_gmt":"2023-04-04T20:49:00","slug":"lifestyle-entrepreneur","status":"publish","type":"post","link":"https:\/\/zeroniche.com\/lifestyle-entrepreneur\/","title":{"rendered":"What is a Lifestyle Entrepreneur and How to Be One"},"content":{"rendered":"\n
A lifestyle entrepreneur is someone who uses lifestyle design to create a business that supports their work and personal life goals. Working and living on one's own terms is a key concept in the lifestyle entrepreneur\u2019s playbook, where the accumulation of wealth is a means to an end. <\/p>\n\n\n\n
Ultimately, not having to sacrifice personal goals for work and having the freedom to manage one's own time are tenets of the lifestyle entrepreneur's belief system. Practitioners focus on building a business around their life, not the other way around. Personal growth is important and experiences take precedence over financial gains.<\/p>\n\n\n\n
Maybe you like to travel but your work or business keeps you from taking short trips more than once or twice a year. One solution is to design a life where you can make money and travel. It\u2019s not easy but many people with the simple goal of traveling more have done it. When you\u2019re not tied to a particular location because of your business, it\u2019s easier to make travel part of your life. <\/p>\n\n\n\n
Maybe you want more time with your children. By finding a way to generate income while working from home, you can enjoy your kids and pay the bills.<\/p>\n\n\n\n
Lifestyle businesses are typically designed to create revenue or income that supports the owners and employees. Lifestyle entrepreneurs are typically not looking to grow their company as fast as possible or make an exit (unless it delivers life-changing returns)<\/p>\n\n\n\n
They might not send rockets to the moon like Elon Musk. Luxury sports cars might still be out of reach for even the most successful entrepreneurs. But that\u2019s not the point. <\/p>\n\n\n\n
Lifestyle entrepreneurs often have an \u201cexperiences before things\u201d mentality. <\/p>\n\n\n\n
Money is a tool, not the end goal. <\/p>\n\n\n\n
Owners of entrepreneurial ventures want to live life on their terms. Maybe they want to travel more, read more books<\/a>, or learn an instrument. They might be interested in charity work and want more free time to work with charitable causes. Others build businesses to generate a second income. <\/p>\n\n\n\n Money is a tool, not the end goal. <\/p>\n<\/blockquote>\n\n\n\n Contrast the lifestyle business concept with that of a typical startup business, where the \u201cgrowth at any cost\u201d mentality runs deep (thanks to a Mr Zuckerberg and his far-reaching advice) <\/p>\n\n\n\n Differences between the two business \u2018models\u2019<\/p>\n\n\n\n\n
Lifestyle Business vs Startup Grind<\/h2>\n\n\n\n