I’m sick of it. The term “Lifestyle Business”.
From Wikipedia: A lifestyle business is a business that is set up and run by its founders primarily with the aim of sustaining a particular level of income and no more; or to provide a foundation from which to enjoy a particular lifestyle.
Right, I get it, most people who live on the beach and teach surf lessons have a “lifestyle business”. They have an awesome, simple life, and don’t desire any more income than they need to sustain their lifestyle.
Then came Tim Ferriss. The Four Hour Work Week introduced the concept of “lifestyle design”, and said that we should build a business that gives us what we want out of life. Tim said that everyone should take the time to consider why they do what they do, and find out a way to support those dreams.
To read the original article: Why I Hate the Term “Lifestyle Business” & Why It Should Die
