If you’re planning to turn your interest, passion, or hobby into profit, check out these lifestyle business ideas you can start right away and run from anywhere in the world.
What is a Lifestyle Business?
Before you start that lifestyle business idea of yours, let us first define what it is.
A lifestyle business is a type of business e-sms that is designed to support the lifestyle of its owner. The term is typically used to describe businesses that are small and owner-operated, such as sole proprietorships and partnerships.
They are often started by people who have a specific passion or interest and want to turn it into a career. For example, someone who loves art or painting may start a lifestyle business in graphic design.
What Is a Lifestyle Entrepreneur?
A lifestyle entrepreneur is a person who starts a business to improve their lifestyle rather than make money. They place a strong focus on both passion and freedom
Typically, a person chooses a career and then organizes their life around it. A lifestyle entrepreneur does the opposite. They design their careers around their lives.
Jon Orana, CEO of Negosyo University, an online coaching business that generated Php 70 million, is a well-known lifestyle entrepreneur in the Philippines.
Service-Based Lifestyle Business
One of the most profitable and fastest ways to launch your lifestyle business is to sell your skills or services. Here are some service-based lifestyle business ideas you can start.
1. Fitness/Diet Coach
You may become a fitness or diet coach for many people and turn this into one of your lifestyle business ideas if you are qualified and have a lot of practical experience in the field.
Try offering in-home personal training or membership programs. You can also host boot camps, where, instead of regular training, you can collect as many clients as you want for personal fitness training.
2. Real Estate Agent
A better work-life balance is possible if you become a real estate agent and make enough money to support yourself. To earn a commission, all you need to do is assist your clients in finding the ideal residence. Plus, you get to set your own rules.
Teddy Dalope of TD Real Properties had successfully turned his real estate investment passion into profit by becoming a licensed Real Estate Broker and starting his own online real estate agency with Prosperna.
3. Virtual Assistant
This position has been around long enough to be categorized as a traditional online administrative service business. It is the ideal lifestyle business for stay-at-home parents, college students, or those wishing to work from home.
As a virtual assistant, you carry out administrative work and other tasks for your client. For example, you act as a secretary and manage the day-to-day schedule of a business owner.
Other services you can offer as a virtual assistant include financial management, content production, website/blog management, marketing, etc.
4. Freelance Writing
If you have research experience and creative writing skills, freelance writing is one lifestyle business idea you can immediately dive into.
To get started, all you need is a laptop and an internet connection. Working online and offering to write content for bloggers, website owners, and other online businesses can bring in a sizable income.
5. Event Management
There is a healthy demand for event management services. This could be your ideal lifestyle business if you are a superb organizer. In exchange for a fee, you can earn money by assisting others with the planning of social events like weddings or birthday parties or business events like launching a new company product.
