Lifestyle Business or Scalable Company?

Discover the difference between a lifestyle business versus a truly scalable company and how you can get there in your own online business on this episode of the Visionary CEO Podcast.

About This Episode

Having a scalable, seven-figure business doesn’t mean you have to sacrifice your values, time, or happiness. Breanne and Jill bust the myth that having a seven-figure business means you must be miserable to get it. Discover the difference between a lifestyle business versus a truly scalable company and how you can get there in your own online business on this episode of the Visionary CEO Podcast.

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·       Full episode transcript
 

Key Takeaways

·       [1:42] Is the added responsibility and stress of a large team worth it when you end up paying yourself the same or even less?

·       [6:46] Lifestyle businesses vs. scalable businesses. You can have both, but not at the same time.

·       [8:09] Myth: if you scale your business to seven figures, you’re going to make less, it’s going to be more stressful, and you’re going be miserable.

·       [10:45] The difference between a lifestyle business and a scalable company is its relationship with the founder, not the outcomes that it can provide.

·       [12:41] Lifestyle business and the team. 

·       [15:14] Scalable company and the team.

·       [23:03] How you compensate yourself in a scalable company. 

·       [29:07] Join Breanne and Jill next week as they bust another myth. Let Breanne and Jill know what you think on Instagram or Facebook, use #VisionaryCEOPodcast!

Mentioned in This Episode

·       onlinebusinessowner.com
 

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