Am I a lifestyle entrepreneur?

This question never crossed my mind until recently and I realised that maybe… I might be one. If not, it’s maybe something I will aspire to become in the near future! Basically, a lifestyle entrepreneur is someone who starts a business venture with the intention of changing their lifestyle (the way they live their life) rather than just trying to make lots of money. Any amount of money to pay for your daily living expenses in my eyes is a decent amount.

The Internet has made it easy for lifestyle entrepreneurs to start their online businesses and share their journey with other entrepreneurs – I feel so lucky to live in this Internet era. I decided to share some of my experiences and some areas to think about:

The freedom

When you become a lifestyle entrepreneur you generally have the freedom to decide what you want to do and when you want to do it. You basically live your life in your own terms. The flexibility to decide your own hours and who you want to work with is ultimately your own decision. That’s the freedom you don’t get when you work for a company. You are mandated by a 9am – 5pm job where your employer designates specific tasks. You also have to work with people within your organisation or with clients you may not like or enjoy spending time with. It does eventually become a cliche and most people want to escape this viscous cycle.

I’ve been working on my own business for a few years now but before I made that decision to start a business I was like everyone else and did work a 9 -5 job (sometimes even longer hours and weekends). My turning point was when I started a business TAFE course and realised there was a gap in the market and hence an opportunity to start a business.

The freedom to work on my own business did give me the opportunity to spend more quality time looking after my kids. I was able to see them grow, especially my sweet daughter and my son which I was probably not able to do if I worked a 9-5 job.

The love

It’s the love and passion that drives Lifestyle Entrepreneurs to achieve the goals they set when starting their business. Although one cannot quantify and show what love actually is, I believe that the results of any business is the output of love. When you spend all those hours working on your business and you may end up with just 1 client, that’s the labour of your love. As you grow that love, no doubt the number of clients will also grow. With love, you have to give it time, I’ve always heard the saying that sometimes it may even take 5 years until your business starts making profit!

Personally, what I love about businesses is the ability to create SOMETHING out of nothing. What I mean by this is turning an idea into reality and watching it grow.

The pain

Love and pain go hand in hand. There are struggles when you decide to take on the journey of a Lifestyle Entrepreneur and it’s something that one must experience in order to overcome all the hurdles in business. This includes raising capital, finding leads, learning new skills, managing clients and their expectations, making money which can lead to survival and the list goes on. Yes it’s not easy! Sometimes it’s a give and take situation, where you have to sacrifice and endure to achieve success.

The money

So “How much do lifestyle entrepreneurs make?”. I guess the tax man is the only one that will be able to answer you this question. There are not that many lifestyle entrepreneurs that will be upfront with you and tell you how much they make in a year. I have seen some that actually provide a detailed snapshot of their monthly income and they break it down on how they made that amount of money. Either way, what they achieve is something that you should aim for but it may not be a true reflection of what you will earn. Some have been doing it for years and have had the experience to build a business that can earn money from the get go.

The bait

I call this the bait because you can easily get reeled in quick to spend some of your hard earn money to learn the skillset of selling online or starting a business. Don’t get caught up with buying every PDF book or course for starting a business. The simplest thing to do, is learn what others are doing well and make it better. Only spend money when you need it. Remember, it’s not easy making your first $1.

Generally you would get something that’s free like a tutorial to teach you on how to do something and then the next steps would cost you fee, so watch out. Don’t get me wrong, no one forces you to buy anything (just ignore the annoying popups), it’s your own judgement that makes the final purchasing decision so don’t blame anyone else except for… the popup. You hopefully know what I mean.

FINAL REMINDER

Being a Lifestyle Entrepreneurs is not for everyone. Once you make a decision to follow this path, make sure you NEVER regret your decision. Also, there’s no shame if you return to a 9-5 job as well.

NO WORDS OF WISDOM

In this post I didn’t want to reference or mention anyone in particular because it would be so unfair. I believe each and every Lifestyle Entrepreneur has made a difference in their own life and a pat on the back is all that is needed. If you’re starting your Lifestyle Entrepreneur journey I wish you all the best as I know it’s not an easy path to take. Good luck and remember to smile. 🙂

DO YOU LIKE WHAT YOU'VE READ?

Join our subscription list and receive our content right in your mailbox. If you like to receive some Great deals our Freebies then subscribe now!

Our Sponsors

Become a Sponsor for $45.

Limit to 5 sponsors.

Company Name :

Email :

Website :

Description :

Upload Logo :

Terms & Conditions : ACCEPTANCE OF TERMS This Agreement contains the complete terms and conditions that apply to your participation in our site. If you wish to use the site including its tools and services please read these terms of use carefully. By accessing this site or using any part of the site or any content or services hereof, you agree to become bound by these terms and conditions. If you do not agree to all the terms and conditions, then you may not access the site or use the content or any services in the site. MODIFICATIONS OF TERMS OF USE Amendments to this agreement can be made and effected by us from time to time without specific notice to your end. Agreement posted on the Site reflects the latest agreement and you should carefully review the same before you use our site. USE OF THE SITE You are prohibited to do the following acts, to wit: (a) use our sites, including its services and or tools if you are not able to form legally binding contracts, are under the age of 18, or are temporarily or indefinitely suspended from using our sites, services, or tools (b) posting of an items in inappropriate category or areas on our sites and services; (c) collecting information about users’ personal information; (d) maneuvering the price of any item or interfere with other users' listings; (f) post false, inaccurate, misleading, defamatory, or libelous content; (g) take any action that may damage the rating system. Registration Information For you to complete the sign-up process in our site, you must provide your full legal name, current address, a valid email address, member name and any other information needed in order to complete the signup process. You must qualify that you are 18 years or older and must be responsible for keeping your password secure and be responsible for all activities and contents that are uploaded under your account. You must not transmit any worms or viruses or any code of a destructive nature. Any information provided by you or gathered by the site or third parties during any visit to the site shall be subject to the terms of businesslegions.com’s Privacy Policy. Term This Agreement will remain in full force and effect while you use the Website. You may terminate your membership at any time for any reason by following the instructions on the “TERMINATION OF ACCOUNT” in the setting page. We may terminate your membership for any reason at any time. If you are using a paid version of the Service and we terminate your membership in the Service because you have breached this Agreement, you will not be entitled to any refund of unused subscription fees. Even after your membership is terminated, certain sections of this Agreement will remain in effect. NON-COMMERCIAL USE BY MEMBERS. Members on this website are prohibited to use the services of the website in connection with any commercial endeavors or ventures. This includes providing links to other websites, whether deemed competitive to this website or not. Juridical persons or entities including but not limited to organizations, companies, and/or businesses may not become Members of businesslegions.com and should not use the site for any purpose. LINKs & FRAMINGS Illegal and/or unauthorized uses of the Services, including unauthorized framing of or linking to the Sites will be investigated, and appropriate legal action may be taken. Some links, however, are welcome to the site and you are allowed to establish hyperlink to appropriate part within the site provided that: (i) you post your link only within the forum, chat or message board section; (ii) you do not remove or obscure any advertisements, copyright notices or other notices on the placed at the site; and (iii) you immediately stop providing any links to the site on written notice from us. However, you must check the copyright notice on the homepage to which you wish to link to make sure that one of our content providers does not have its own policies regarding direct links to their content on our sites. WARRANTY DISCLAIMER AND EXCLUSIONS / LIMITATIONS OF LIABILITY We make no express or implied warranties or representations with respect to the Program or any products sold through the Program (including, without limitation, warranties of fitness, merchantability, non-infringement, or any implied warranties arising out of a course of performance, dealing, or trade usage). In addition, we make no representation that the operation of our site will be uninterrupted or error-free, and we will not be liable for the consequences of any interruptions or errors. We may change, restrict access to, suspend or discontinued the site or any part of it at anytime. The information, content and services on the site are provided on an “as is” basis. When you use the site and or participate therein, you understand and agree that you participate at your own risk. INTELLECTUAL PROPERTY rights You hereby acknowledge that all rights, titles and interests, including but not limited to rights covered by the Intellectual Property Rights, in and to the site, and that You will not acquire any right, title, or interest in or to the site except as expressly set forth in this Agreement. You will not modify, adapt, translate, prepare derivative works from, decompile, reverse engineer, disassemble or otherwise attempt to derive source code from any of our services, software, or documentation, or create or attempt to create a substitute or similar service or product through use of or access to the Program or proprietary information related thereto. Confidentiality You agree not to disclose information you obtain from us and or from our clients, advertisers, suppliers and forum members. All information submitted to by an end-user customer pursuant to a Program is proprietary information of businesslegions.com. Such customer information is confidential and may not be disclosed. Publisher agrees not to reproduce, disseminate, sell, distribute or commercially exploit any such proprietary information in any manner. NON-ASSIGNMENT OF RIGHTS Your rights of whatever nature cannot be assigned nor transferred to anybody, and any such attempt may result in termination of this Agreement, without liability to us. However, we may assign this Agreement to any person at any time without notice. Waiver Failure of the businesslegions.com to insist upon strict performance of any of the terms, conditions and covenants hereof shall not be deemed a relinquishment or waiver of any rights or remedy that the we may have, nor shall it be construed as a waiver of any subsequent breach of the terms, conditions or covenants hereof, which terms, conditions and covenants shall continue to be in full force and effect. Severability of Terms. In the event that any provision of these Terms and Conditions is found invalid or unenforceable pursuant to any judicial decree or decision, such provision shall be deemed to apply only to the maximum extent permitted by law, and the remainder of these Terms and Conditions shall remain valid and enforceable according to its terms. Entire Agreement This Agreement shall be governed by and construed in accordance with the substantive laws of Australia , without any reference to conflict-of-laws principles. The Agreement describes and encompasses the entire agreement between us and you, and supersedes all prior or contemporaneous agreements, representations, warranties and understandings with respect to the Site, the contents and materials provided by or through the Site, and the subject matter of this Agreement. Choice of Law; Jurisdiction; Forum Any dispute, controversy or difference which may arise between the parties out of, in relation to or in connection with this Agreement is hereby irrevocably submitted to the exclusive jurisdiction of the courts of Australia , to the exclusion of any other courts without giving effect to its conflict of laws provisions or your actual state or Australia of residence.

Enter Captcha :

Accept our terms