What is the difference between a lifestyle business and a traditional small business?
Answer to relevant QuestionsWhy do you think that 56% of the 15-17 years olds say they would like to start a small business, but only about 10% who expresses an interest actually tries to do anything? Think about the list of reasons people give for going into self-employment. If you can, interview local entrepreneurs about their reasons and see how your real-life examples fit with the national survey results. What make the situation of the late career entrepreneur problematic? What can they do to smooth their way? What are the four philosophies you can use to evaluate alternatives you have generated to solve an ethical problem? What are some of the differences between a lifestyle business and a high-performing small business?
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