3 Habits Crucial to Success in a Lifestyle Business

This year had felt like a fairytale in a way. As I’m writing this, I’m packing to head to consult at a company in Medellin. Colombia. The opportunities to create a successful lifestyle business today were foreign even ten years ago. Today, you can start a business online and leverage it to travel the world doing what you love while making money.

This idea of “lifestyle entrepreneurship” goes far beyond the scammy Facebook ads that promise the “laptop lifestyle.” In it’s simplest form, lifestyle business means you create something that supports the kind of lifestyle you want to live. For some, that includes travel, for others, it means having the freedom and flexibility each day to do what’s important to your life. There is no one-size-fits-all definition.

If your dream is to create this kind of business/lifestyle in the next year, you would want to start forming the habits that will help you. Hard work isn’t enough. Massive action isn’t enough. Focused effort along with good habits is what will help you achieve your goals. Here are three habits crucial to success in building a lifestyle business — any business for that matter.

1. Have the right priorities.

In building a lifestyle business, your priorities start with a strong mindset. You have to “see it” and believe it. Your family is also the start. You can’t ignore or neglect them while you build this dream. Start with working on the dream in the margins. Keep your family in the loop and have them help you.

Fill your mind with inspiration daily. Podcasts, videos and books can be your best friend as long as you don’t give into information overload. Consume what will either help your next steps or what will inspire you to take action.

Focus on building your audience. Without an audience, you can’t grow or make any money. Don’t make the busy work your primary focus. You can have the best book, website, or systems in the world, but if you have no audience, it won’t be effective. Make building your audience a priority. Make having the right priorities a habit that stays with you the rest of your life.

2. Create a business that supports the life you want.

Once you’ve built an audience, and done this without hurting your family, it’s time to create the business. Working on your business in the right way is a habit that will reap dividends.

You need a simple and clean website with all the information people would search for. Let them know who you are, what you do and how what you do can help them. Have a social media presence, but don’t make it your everything — social media isn’t. Create different offerings that you charge a price for and don’t be afraid to sell.

Yes, this is a much-simplified version of how you can create a successful foundation. I have written extensively about the specifics here on Entrepreneur. Go through my author profile and see articles on many specific aspects of build a lifestyle business.

3. Never settle.

In life, we should be grateful for all of the blessings we receive on a daily basis. However, we can’t confuse gratefulness and complacency. You can be grateful while still wanting to achieve more. Never settle, even if you achieve some success. Strive for bigger goals and work hard to make them a reality.

I’m expecting good things from me — but more importantly — you in the next year or so. If you are a regular reader, we’re going to do this together. If any of this is going to happen, you have to believe in yourself. You have to believe in what’s possible.

Please don’t think about a post like this as a “reminder.” Use it as the first part of your plan to do all the things you’ve wanted to do for a long time. Create habits because they will give you the best chance to do what you need to do consistently. It all starts right now.

What are two major goals you want to accomplish in the next year?

Related articles

Adapting Your Business Plan in Changing Times: A Guide to Future-Proofing Your Strategy

We've all heard it, "change is the only constant." Yet, in the world of business, the pace and unpredictability of change can sometimes leave...

Investing in the Future: Business Ideas Focused on Kids and Teens

We've all heard the saying, "Kids are the future," right? Well, ain't that the truth! Investing in the future by focusing on business ideas...

Does your small business really need cyber insurance?

As a business owner or consultant, or freelancer, cyber insurance may seem like an unnecessary cost. But consider this... cyber-attacks have been occurring ever since...

Top Tips To Successfully Manage A Small Business

Top Tips To Successfully Manage A Small Business Small-scale businesses are the backbone of American economic activity, accounting for nearly half of all private sector...

A list of examples of business opportunities

Teaching Online teaching can be a great option for those with teaching experience and education backgrounds. You can either teach traditional business opportunities courses online...

Guidelines for Choosing a Business Opportunity

Guidelines for Choosing a Business Opportunity First, ensure that your business opportunity is compliant with all applicable business opportunity statutes. These laws vary from one...

These are the top 7 business card templates

Letterpress Are you looking to make a statement with simplicity? Do you like a simple business card template that will fit your personality? Letterpress business...

Here are the Top 7 Business Card Templates

Letterpress Do you want to make a bold statement and are looking for a business template that suits your style? A letterpress Business Card Templates...

Know the 5 Remarkable Advantages of an Internship

As a college graduate or someone looking to start a career in a particular field, internships are a great way to test a career...

Comments

Share article

Subscribe ⇘

1,000FansLike
1,000FollowersFollow
1,000FollowersFollow

Latest articles

Newsletter

Subscribe to stay updated.