Arguing about the term "lifestyle business" is itself distracting.
To me the point is that nowadays you don't have to get permission (in the form of someone else investing in your company) to get started. On your own you can fairly quickly build a business that pays your bills (your "lifestyle") and lets you escape "wage slavery". Once you do this, you have a lot of security and a lot of power/control over your next move.
I didn't think the point was to build a business that makes enough to pay the bills and then stop building. I'm certainly not stopping.
To me the point is that nowadays you don't have to get permission (in the form of someone else investing in your company) to get started. On your own you can fairly quickly build a business that pays your bills (your "lifestyle") and lets you escape "wage slavery". Once you do this, you have a lot of security and a lot of power/control over your next move.
I didn't think the point was to build a business that makes enough to pay the bills and then stop building. I'm certainly not stopping.