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Entrepreneurship Masterclass: How to Make $10k - $1M per Month - Daniel Priestley
Deep Dive with Ali Abdaal
Difference Between Lifestyle Business vs. Performance Business
The choice between a lifestyle business and a performance business is crucial. A lifestyle business focuses on fun, freedom, and flexibility without the involvement of debt or investors. It allows for a small, enjoyable setup. On the other hand, a performance business aims for growth, scalability, and value, and is open to investors, debt, and expansion. Understanding this difference guides the decision-making process, determining the business's trajectory and strategic direction.
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