A lifestyle business is an enterprise that provides its Founders/Owners with an adequate personal lifestyle but that is all. In other words, it does not represent a game changing, large-scale opportunity that others such as Venture Capital funds can or would participate in—there just isn’t a large enough market, growth is too low or their market share is too small.
“We run one of the most successful east coast VC-funds but a lot of the entrepreneurs who are coming to see us these days are really pitching a lifestyle business which, frankly, we have zero interest in. Even if everything goes exactly right, their growth rate is so low and the overall market is so small that, apart from giving the Founders each a job, there isn’t anything left over for us. We need to see more game-changing opportunities that will provide us with a return on investment that is 10 times what we put in. The only way to get a lifestyle business off the ground is to bootstrap it.”
by Prof Bruce April 1, 2010
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I'm gonna go take a shower and do the busting.
by Elefonte January 14, 2009
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by mr. daddy smack August 9, 2019
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a person with a brain: "stay out of women's business and worry about men."
a person with a brain: "stay out of women's business and worry about men."
by the perra who spills January 5, 2021
Get the women's business mug.Students that study fields such as economics, accounting and marketing to obtain the skills to run a business. Most business students are unclear of their career path and aren't very thorough or hard working with their studies.
Teacher: "Zac is my teaching style okay for the Business-Students?"
Zac: "Don't worry teacher, most business students are losers on a one way ticket to nowhere on the flop bus anyway.........
Your teaching is fine."
Zac: "Don't worry teacher, most business students are losers on a one way ticket to nowhere on the flop bus anyway.........
Your teaching is fine."
by The Canadian Reality Check December 18, 2011
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by Christy L December 16, 2009
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