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by lettergram 857 days ago
I think life style businesses are fine, provided you’re the only one that’s not interchangeable.

For instance, if I run a business and hire workers to develop features for the website and have a few people in the factory assembling widgets. It’s fine so long as I can approve the PRs and train up the next folks as needed.

1 comments

That would be a ~ three or four person shop in my experience. It’s small enough that you the founder know how to do everything themself. That’s a fine business, but often it’s tough to take a vacation and leave it on autopilot for a few weeks. And heaven help you if you ever come down ill.
Vacation for a few weeks? I never imagined taking weeks of vacation unless I’m between jobs or businesses. If you can take weeks, then you’re probably not needed at all or so sparingly an occasional email would do.
Wait till you’re a little older and have a family. The OP asked about a lifestyle business, that is, a business to build an actual life around, not an ‘I’m-in-my-early-thirties-and-still-single-so-burn-me-out-please’ business.
ugh … I won’t comment on exact numbers, but I have plenty of kids lol

If you get to the point you aren’t needed great; but everyone I know running lifestyle businesses tend to take only a few weeks off throughout the year — not all at once. Many take <1 week per year. They’d be considered “stage 2 businesses” by the metric mentioned. Imo that’s totally as far as most of these businesses can get, unless you have revenue to sustain overlapping roles.

If you get to the “I don’t need to work any more” phase of a business; typically it’s time to sell or hire someone to manage and do something else.

Which btw should be the goal, I’m just saying, you’re no longer running a business if you quite literally are leaving for weeks at a time lol. Someone is running it for you.

Sorry, not true at all. Good night.