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Entrepreneurship Masterclass: How to Make $10k - $1M per Month - Daniel Priestley

Deep Dive with Ali Abdaal

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Choosing Between a Lifestyle Business and a Performance Business

Do you want a lifestyle business or a performance business? A lifestyle business is about fun, freedom, and no debt/investors. A performance business aims to be big and valuable, with investors and debt. It's like choosing between building a dream home or a 10-story building to sell. Starting with a lifestyle boutique is not a bad place to begin. The next step is understanding your Orange, Origin, Story, Mission, and Vision (OMB). We need to align your background with your business goals.

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