You forgot the "long term business" option.
Poll: Are you looking for an exit, or building a lifestyle business?
11–20 of 56 posts
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#12Our business has been profitable from the start and is now a pretty comfortable lifestyle business, but I don't know as any of us want to still be running it 10-20 years from now, so an exit certainly wouldn't be out of the question.
Can you tell us what kind of biz is it ?
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#13I'm building a diet and exercise website that gets people started with leangains (look for a launch in the near term future!). I've got a business plan, and I want to make just enough money to fund my travels around the world for a few years until I turn thirty and start a family. After that, who knows...
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#14I'm attempting to build something that will pay the mortgage and put food on the table. To me, that's the difference between waking up and working on something meaningful or accepting project to pay the bills.
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#15This question is so naive and it's loved by the lazy because it lets them indulge the fantasy of either telling their boss to get stuffed and getting paid for doing very little (lifestyle biz), or getting paid millions and never have to work again (exit).
I really dislike this question and I tend to distance myself from entrepreneurs having these kinds of conversations. Even if you want to exit early or have lifestyle, it's an unhealthy way of thinking about entrepreneurship.
How do you think Steve Jobs would have answered this question?
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#16My wife and I are in for the lifestyle/long term. 3 years back, we'd decided to move out of the city into a more rural area to start building a farm business. We've built up a herd of about 50-60 dairy goats in that time, as well as produced some of best pasture raised chicken, ducks and eggs you'll find. We've just finished all our approvals and licensing to start building and operating a cheese making facility on the farm, hopefully due to start operation this spring. My exit plans aren't for another 15-20 years or so, at which point I figuring farming will've taken its toll on my body.
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#17This question is so naive and it's loved by the lazy because it lets them indulge the fantasy of either telling their boss to get stuffed and getting paid for doing very little (lifestyle biz), or getting paid millions and never have to work again (exit). I really dislike this question and I tend to distance myself from entrepreneurs having these kinds of conversations. Even if you want to exit early or have lifestyl…
> How do you think Steve Jobs would have answered this question?
Err... you talk about naive, and then cite an outlier amongst outliers?
I'm not Steve Jobs - I'm much more average, and I've made my peace with that. I think I can eke out a niche for myself where I can live comfortably though, so focusing on that makes much more sense to me than trying to ape someone who lived a very different life from mine. As far as I know the only thing I have in common with Jobs is having resided in Oregon.
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#18I'm building a diet and exercise website that gets people started with leangains (look for a launch in the near term future!). I've got a business plan, and I want to make just enough money to fund my travels around the world for a few years until I turn thirty and start a family. After that, who knows...
This sounds interesting to me as I have been doing leangains for a little over 2 years now (although not strict). I would love to hear more about your project and maybe I could even provide assistance in some form.
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#19You forgot the "long term business" option.
Startup culture in general seems to have forgotten that option.
Re: Poll: Are you looking for an exit, or building a lifestyle business?
#20I'm building a diet and exercise website that gets people started with leangains (look for a launch in the near term future!). I've got a business plan, and I want to make just enough money to fund my travels around the world for a few years until I turn thirty and start a family. After that, who knows...
This sounds interesting to me as I have been doing leangains for a little over 2 years now (although not strict). I would love to hear more about your project and maybe I could even provide assistance in some form.
Nice, I'm glad to hear it. A few months ago a guy named 31minutes who claimed to be an old client of Martin berkhan did an AMA on the leangains subreddit and filled in a bunch of blanks on what we know of the leangains method. As of now we have all the details needed for an app that takes in some of the persons stats and plans caloric and macronutrient needs for their intended goals. My app does this and hooks up to the USDA food database to make planning the diet super easy. The MVP is about ready to launch but soon afterwards I'll need a UX engineer since that's my one weak point.