For every success story we hear about smart entrepreneurs who have founded a lucrative lifestyle business, there are hundreds of untold stories about those who have failed. So what makes the difference between lifestyle businesses that thrive and those that crash and burn?
I don’t believe that it’s simply a matter of bad luck that many wannabe lifestyle entrepreneurs struggle to launch a successful venture on their first attempt. In fact, many people are making the same mistakes over and over again.
Each person and business is a unique case of course, but there are five common factors in particular that can contribute to the downfall of a small biz start-up. Continue reading Top Five Reasons Why Lifestyle Entrepreneurs Fail
So you’ve heard the term ‘lifestyle entrepreneur’ and you’re intrigued. It sounds great, right? Location independence, financial independence and the ability to create something that has impact on the world, whilst living on your own terms. Who wouldn’t want those things?
Dealing with doubts
However, maybe the doubt has begun to creep in. You mentioned it to a few of your friends, or maybe your partner or family, and they just stared at you like you were talking in the Klingon tongue. Or worse, maybe they told you that it was a pipe-dream or unrealistic goal. Continue reading Examples of Three Successful Lifestyle Entrepreneurs
Are your efforts to build a bigger Facebook following failing? Are you seriously fed up and embarrassed by the deafening silence that greets your business’s Facebook Page updates? Join the club. Facebook has become a conundrum for businesses, thanks to their frequently changing algorithms about who sees what in their newsfeed.
Yet Facebook is one of the main destinations for our customers. According to TechCrunch, Facebook has 669 million daily active users as of 2013 which adds up to 20 billion minutes of usage per day, and those numbers are only growing.
Most importantly for entrepreneurs, your lifestyle business’s success will be judged by the size of its Facebook following as it is still one of the major metrics when it comes to online social proof (whether you like it or not).
So how can you build a bigger following for your lifestyle business? Here are a few tips. Continue reading How to Build a Bigger Facebook Following for Your Lifestyle Business
If you’re building an Ecommerce Store or lifestyle business you probably have two things on your mind; time and money.
The more time you have to work on your business, the more money you can make; and the more money you can make, the more time you can spend in the future doing what really matters to you.
We’ve already shared 10 Time-Saving Tips for Lifestyle Entrepreneurs, but it’s also important not to discount the importance of our energy levels when working on our business.
You can usually get much better results from a few solid hours of focused work than you can from a 12 hour day running around like a headless chicken, and if you’re well-rested you’ll make much better business decisions than you will if you’re frazzled and distracted. Continue reading 5 Ways Lifestyle Entrepreneurs Can Manage Their Energy Better
It is often said that time is money, and most start-ups/entrepreneurs have a lot more of the former than the latter, especially at the early stages of launching their business.
As a lifestyle entrepreneur, you want your business to be a success, but you don’t want it to take over your life. So from the very early stages of planning your business and how it will function, you want to consider ways to save time.
Note that I’m not talking about that overused term ‘time management’ here – after all, as lifestyle entrepreneurs we don’t want to find ways to fit more work into each day.
Instead, we want to find ways to fit our work into as little time as possible so we can spend more of our lives doing what is most meaningful to us rather than postponing our dreams until we retire.
With that said, here are ten simple ways to save time and still run a successful business. Continue reading 10 Time-Saving Tips for Running a Lifestyle Business