What Is Lifestyle Business?
What Is Lifestyle Business?
We live in the best of times and have a lot of choices to generate income in many different suitable ways. The 9-5 working at the office model, building someone else’s dream is no longer the only option available to us to maintain our lifestyle.
There have been mass resignations recently after the pandemic due to more people looking for a better way to live their life that is more balanced. One way to live a more balanced life is by starting your own lifestyle business.
A lifestyle business is built in alignment with your desired perfect day and dream lifestyle. It gives you the flexibility and freedom to live your best life your way. It is often earning a full-time income on your terms, doing something you enjoy, love, are skilled at and are passionate about doing without compromising your core values, well-being, and vision for your life.
So, you may be wondering, how do you build a lifestyle business? Let’s discuss that next.
How To Build A Lifestyle Business
So many people make the mistake of choosing their work/career/business first and then trying to squeeze and fit their life into it even if that means compromising their health, values, and relationships with their loved ones. This leads to you feeling miserable, misaligned with your Soul’s calling, and not fulfilled no matter how much money you earn.
Let’s discuss some things to consider if you want to start building a lifestyle business.
Know What Puts You In A Flow
Know what you love doing. When you do it for a while, you go into a flow state. You could do this work forever and do not realize how much time has passed. You feel inner joy and happiness when you do it. Consider starting a business around this activity and work will never feel like work again.
Discover Your Natural Talents
Discover your skills, unique gifts, and natural talents. What comes naturally to you? What are your unique gifts? Get some clues by asking the following questions: What did you enjoy doing as a child? What do people ask you to help them with? What do people compliment you on? The answers to these questions will give you further clues about the areas to consider building your business in.
Determine Your Perfect Day
Figure out what your perfect day would look like. What time would you want to wake up? Who are you next to when you wake up? Where do you live? What is your morning routine? Do you meditate? Pray? How much time do you spend out in nature?
How many hours do you want to work? What time do you want to start and end your workday? How many breaks do you want to take? Do you want to work at home? Commute to work? With a team or alone? How much time do you want to spend with your family and loved ones daily?
Do you want to travel for work? Pleasure? How much time do you want to spend reading, learning, and growing? What type of food are you putting into your body? What time do you want to eat? Sleep? Make sure you take the time to answer these questions so you can build your business around your desired day and life.
Understand Different Business Models
Research, understand, validate, and test different lifestyle business models and determine which one suits your lifestyle, values, vision, and life and business goals the best. Online business is the best option especially if you need to have location freedom.
Some of the benefits of an online lifestyle business are lower start cost, you can have the flexibility to live and work anywhere in the world, the ability to quickly validate, explore, and test a passion project, have customers all over the world, and have diverse and multiple streams of income.
Some types and examples of online lifestyle business models that you can consider starting are providing virtual coaching sessions and packages in different areas of life, creating and selling digital courses, freelancing, being an online influencer, building a niche software application, and selling physical products online and many more.
Know Yourself
It is very important to know yourself to decide what business would be good for you to start and be successful in. Are you an introvert or an extrovert? Do people give you energy or do they drain your energy? If you are an introvert and people drain your energy, you do not want to build a business as a speaker.
You would be hired to speak to thousands of people in a room. It would be more suitable for you to do one-on-one coaching and be in front of just one person. If you are an extrovert you can consider building a business as a speaker or doing one-to-many group coaching models and packages. Know what gives you joy and follow it.
Know What Is Important To You
Know what is important to you. What problem frustrates you that you have solved for yourself and now want to help others solve? Who do you want to help? Most of the time, your “who” is who you used to be before you solved this problem for yourself.
Figure Out What The World Needs?
Figure out what the world needs. You are here at this time for a reason. What is your purpose and how will you serve others, make a difference, and leave this world better than when you first came and found it? When you align your business and purpose, your life will be full of bliss.
So, if you’re not happy, please take some time to figure out what is it that gives you joy because we’re not here to live a miserable life. We’re here to live a life of bliss, joy, meaning and fulfillment. You are powerful enough to fulfill your purpose no matter your circumstances, colour, size, race, and/or gender. We are all a part of the human race and we all have a part to play to better this world.
In conclusion, you now know that a lifestyle business should be highly desired because it is built-in alignment with your desired perfect day and dream lifestyle. It gives you the flexibility and freedom to live your best life your way. It is often earning a full-time income on your terms, doing something you enjoy, love, are skilled at and are passionate about doing without compromising your core values, well-being, and vision for your life.
You also know what to take into consideration when you are building a lifestyle business like knowing what puts you in a flow, discovering your natural talents, determining your perfect day, understanding different business models, knowing yourself, knowing what is important to you, and what the world needs.
You should consider starting your lifestyle purpose-driven business especially if you are not happy with the current work that you do. Know that you always have a choice and you are never helpless and/or hopeless. You are divine, made by your creator, and have access to your creator’s divine mind, intelligence, and strength. I am sending you love and strength!
Best of luck with your journey!
Next, it will be helpful for you to read Is making money online possible and easy?
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