
Is the Term 'Lifestyle Business' an Insult?
From: Is the Term ‘Lifestyle Business’ an Insult? – NYTimes.com
It is probably safe to say that the bulk of all small businesses could be categorized as lifestyle businesses for one or more reasons. It is only when the owner strives to reach a new level with the business — whether this involves growth, exit or both — that the label goes from being a given to being an issue.