What is a Lifestyle Entrepreneur & How to Become One!
A Lifestyle Entrepreneur runs a Lifestyle Business.
What is a lifestyle business?
It’s a business that allows you to:
- Work the hours you want to work
- Work on the projects you want to work on
- Work with the people you want to work with
- Work from the places you want to work with
A Lifestyle Entrepreneur puts LIFE FIRST, then the business.
This means you have to build your business by design. You have to think about what you want from that business in terms of your LIFE.
This is not something that ambitious entrepreneurs always do. They think that the business HAS to consume them and their life.
Hey – I love that for you if that’s what you want. But if it’s not, then becoming a lifestyle entrepreneur might be right for you.
As a mom to two amazing kids for the last 23 years I did NOT want to have a business that consumed all my time.
I purposefully built a business and a life that allowed me to drop everything and be there for my kids. That’s what I wanted. That’s why I started my business in the first place!
I’ll be honest with you here – as a mom it was HARD. The years were not flush with cash. While I was changing diapers and waking up late nights I had little time for my business. YET – I found ways to earn a full time income on part time hours.
To me this is the true spirit of a lifestyle entrepreneur!
You can make it work AROUND your life.
You might not always rake in the dough but your priorities could also be elsewhere, consuming your life, while the business pays the bills.
NOW that my kids are older my goals as a lifestyle entrepreneur are to take my lifestyle business to the next level. Doubling or tripling my income in the next few years!
You can see my 21 year online business income report here.
Peek Into the Life of a Lifestyle Entrepreneur:
Running an online business is all the good things you hear:
- Make money while you sleep.
- Generate passive income (work once, get paid more than once).
- Create leverage by selling something once and getting paid over and over.
As far as LIFE and how that looks, it’s all those things, too:
- Pick up your kids from school anytime you want.
- Work the hours you want, day or night, flexible or scheduled.
- Freely choose what you want to work on because YOU want to work on it.
- Create the business you want that reflects the life you want to live and live it!
- Take time off with automation and/or scheduling options of tools you use.
It’s also the things we don’t love:
- Figuring things out yourself – sink or swim.
- Dealing through times when NOTHING seems to work.
- Feel lonely because you work alone.
I was watching a video from someone who’d transitioned from a corporate job to running a “digital business”.
She said she didn’t really believe it was true.
She didn’t think you could REALLY just put stuff out on the internet and make a living doing so.
It IS true. You CAN do that. You can create your own Lifestyle Business!
How to Start a Lifestyle Business
Step 1: Find something you are VERY passionate about.
It’s not going to be easy so you need to decide on something that is going to excite you long term.
Step 2: Start creating a community of followers.
A lot of people go to social media for this. Sure, it’s easy to start but I personally think it’s a HAMSTER WHEEL of work… you can’t stop, you can’t get off. Instead – EMAIL. Email marketing is my jam. Always been and always will be! If you want to do like I did – build the email list ASAP. I’ve got classes on how to do that here.
Step 3: Get offers.
You could do affiliate marketing. You could create your own courses. You could offer coaching (like coaching without calls). You could start a membership. Whatever you do you need something to sell. This is how you make the money that lets you create the lifestyle and it’s what makes up a business so don’t skip this step!
Step 4: Optimize, Automate, Delegate and Scale.
When you have build a following (that you KEEP building) you will then need to think about how to scale. As a busy mom it took me about 17 YEARS to get to this step. The cool thing is, though, that I could take it at my pace. Now as my last child gets older and more independent I start to focus more and more on scaling my business.
Whatever you decide to do remember this:
Everything is made up. You can make your own rules, do your own thing and create the exact right lifestyle freedom business you want to! It’s so exciting to decide and declare to be a lifestyle entrepreneur. I wish you nothing but the best with it and to enjoy the ride!
Create Your Own Lifestyle Freedom Business!
If you’re tired of letting your business run you and you’re ready to create a true freedom business then this is for you, and it’s free. 🙂 I’ve created a course called Lifestyle Freedom Business and it’s normally priced at $175 but you can register now for free. Just click the button below to get hooked up.
