Definition: is a person that opens a company with the primary purpose of changing his or her individual lifestyle, while generating revenue serves only as a secondary objective. A lifestyle entrepreneur focuses his efforts on granting life rewards to himself and the people that perform their duties with a genuine passion. Due to the employees and management of such a firm working with dedication, this kind of enterprise has a large chance of achieving financial success.
In a Sentence:
Steve was a real lifestyle entrepreneur as he could easily give his employees a couple of days off just so that they could be with their families. It wasn’t a financially wise decision, but it certainly made him well-liked by the staff.
When I first opened my company, I was a lifestyle entrepreneur. However, as time went on, I’ve lost my passion, and now I see my business just as a way to earn money.
Synonyms and related words: lifestyle creep, entrepreneur, serial entrepreneur, entrepreneurship