I can live anywhere because of my business, although I choose to live in the Alaska of Europe right now, which is weird.
I haven’t figured this one out yet.
But I think it has something to do with me becoming a father next month, and being close to family is always nice.
Ever since I was 18, I’ve always had my goals set on being able to do anything, from anywhere, and at any time.
I began playing poker right out of school at 18. I could take my work anywhere, as long as I had an internet connection and a computer.
The same is true with the online business I’ve built. It took a lot of up-front work, making mistakes, and screaming in frustration, but I’m making a living, and I’m learning more each day.
So it is possible.
What is a Lifestyle Business?
Before we go into the 7 reasons, let’s have a quick refresher on what a lifestyle business is, shall we?
My definition of a lifestyle business is an online business (in my case) built around my passion, which allows me to do what I want, where I want, and when I want.
It adds freedom and control to my life, while I’m doing work I love.
A lifestyle business is not for everyone, but if you’re like me and can’t get enough of learning, exploring, and doing new things, then it’s perfect, because it gives you the freedom to do that.
There are plenty of reasons to start a lifestyle business, here are a few:
1. No Alarm Clock
Let’s start with the most important reason first: you get to kill your alarm clock.
I’ve never been good at waking up in the morning, and I don’t intend to get good at it anytime soon.
I want to sleep as long as I want. Sometimes that means waking up at 7AM, and sometimes it means blissfully snoozing until noon.
I’ve had enough of bad alarm clock experiences from my time in school, which I didn’t enjoy, so I don’t intend to have more of them.
The internet has made it easier than ever before to turn your passions into a profitable and ethical business.
You can start a regular business around your passion, but it often won’t give you as much freedom in your life to pursue all the other interests you have.
You no longer have to get a bank loan, rent space, or buy equipment. You can make a living serving others in a way that makes you happy and fulfilled.
I’m not saying it’s easy, because it’s not. You can’t always get paid to do exactly what you love.
You have to find the sweet spot between what people are willing to pay for, what you want to do, and what you’re good at (or want to become good at).
3. Live Life on Your Terms
A lifestyle business supports you in living life on your terms.
If that means traveling the world, one country at a time, then that’s what it’s there for.
If it means having more time for your family and friends, it can do that, too.
If it simply means reading books and exploring what life has to offer, I’m pretty sure that’s possible as well.
You do not need a lot to do what truly makes your heart sing. And yes, this is possible even if you have a family.
Others have done it. You can, too. Skip the excuses.
I won’t tie up my time each and every day doing something I don’t enjoy.
Some days I put in long days while working on my online business, and some days I take time off to read, hang out, and just be.
I have control over my time, and that’s one of my favorite things of having a lifestyle business.
I want to be able to become obsessed with something and dive into it for a week or three months like when I studied Spanish in Spain.
While running an online business as a solopreneur can get lonely, it also gives you more time to be with your friends, family, and pets.
I’m not the best at scheduling my time, and I’m okay with that, because it’s not a problem (that I’m aware of anyway ;)).
When I get inspired, I work, and when I’m not, I take time off. Sometimes I have to get something done when I’m not inspired, but that’s a part of business.
You can’t get everything on a silver platter.
6. Personal Growth
For me, running a business has been one of the biggest growth experiences of my life.
It constantly pushes me into uncomfortable and new territory. It forces me to grow as a human being.
This isn’t just about the money for me. It’s about creating the life I want to live, both on the inside and on the outside.
I want to have time to focus on the personal development side of life, not just making money and bathing in material abundance.
What this really boils down to is freedom and inner peace.
We don’t build businesses to build businesses, we do it because it gives us something else, and for me that something else is the freedom to live my life my way.
It’s what allowed me to spend 11 months in Spain in 2010, and it’s what will allow me to spend a lot of time with my newborn baby.
We all have different goals, and a lifestyle business is not for everyone, but if you resonate with what I’ve said in this article, then it might be for you.
Lifestyle Business Development
It’s easy to get stuck, make mistakes, and lose hope. But it can be done, if you are willing. Sure, I’ve spent half a decade falling on my face, but here I am.
My passion is to help people turn their passions into a real business and lifestyle, which is why I’ve started a monthly coaching program for those that are struggling to make it work.
If you’re interested, check it out, because spots are limited. (I like free time, remember?).
There’s no need to do something you despise, or do work you hate anymore. The solution is always at your fingertips, even if it doesn’t seem like it is.