"lifestyle business" is sometimes used as a derogatory term to describe setting up a corporation for a hobby that is not really meant to be profitable.
"lifestyle business" is sometimes used as a derogatory term to describe setting up a corporation for a hobby that is not really meant to be profitable.
That's not what a lifestyle business is.
In VC circles, "lifestyle business" refers to a business that is profitable but has no plans for scaled up growth and instead basically exists to provide a job to its owner or founder that lets them live a lifestyle they like, including the job itself.
It is how I hear people using the term idk what to tell you