Sure, but so does a guy with a lemonade stand. It's being able to grow and replicate that.
From wikipedia:
"Lifestyle Businesses are businesses that are set up and run by their founders primarily with the aim of sustaining a particular level of income and no more."
And that's great if you want to create a business that sustains your lifestyle.
Orange Julius and Jamba Juice are both basically glorified lemonade stands. Starbucks is just an upscale version of your gas station's coffee dispenser.
Sure, but my original point was that they don't seem to want to grow. They don't seem to want to be a chain of lemonade stands, they just want to be their own profitable lemonade stand. Which is great and fine, but it's perhaps not aligned with many of our aims.
From wikipedia: "Lifestyle Businesses are businesses that are set up and run by their founders primarily with the aim of sustaining a particular level of income and no more."
And that's great if you want to create a business that sustains your lifestyle.