
How do you build a lifestyle business? [Kevin Espiritu]
The Examined Life
Reflections on Business Growth, Financial Mindset, and Entrepreneurial Challenges
This chapter delves into the evolution of a lifestyle business into a larger company, emphasizing the transition to selling physical products and the challenges of scaling operations, managing sales tax across multiple states, and nurturing team growth. The discussion covers personal reflections on financial mindset, including a shift towards valuing team success over personal wealth, overcoming feelings of shame related to income, the pursuit of financial peace, and the importance of transparency in building trust with the audience. The speakers also explore the dichotomy between success and shame, including the internal struggles and unexpected challenges that come with entrepreneurship, and the conflicted feelings of stress and freedom in leading and scaling a business.