How to Take a Mini Retirement Whenever You Want (a.k.a Building a Lifestyle Business)

Hey and welcome to episode 10 of the Free and Fearless Podcast. Learn what a lifestyle business is and how it can allow you to take a mini retirement whenever you want (+ the exact details of my latest mini retirement during the pandemic and while my business had one of its best months ever, even though I took time off). Tune into the episode below: Show Notes: * [1:03] The details about my latest mini retirement and how much my biz earned without me * [3:48] Why my mini retirement to Thailand 4 years ago wasn’t as good * [6:25] The first reason why I’m so free in my business and can travel any time * [8:54] The role passive income plays in a lifestyle business * [10:12] How to take a mini retirement without worrying about money * [11:47] Recession-proofing your business for even more freedom * [13:59] How to make your active income streams take as little time as possible How to Take Mini Retirements Thanks to Your Lifestyle Business I haven’t published an episode in a while and there’s a good reason for that. I took a sabbatical. Out of nowhere, without any plans or preparations. I escaped lockdown in the Netherlands by getting a one way ticket to Tenerife, one of the Canary Islands, which is the place to be in Europe during the pandemic if you want to be at the beach, see palm trees, feel the amazing Spanish culture, be around people, and explore the beauty of the island. I brought my laptop and mic, ready to record course lectures and podcast episodes, answer any email coming my way, and do work during the week, even though I didn’t have to. I didn’t do almost any of that. There are nearly 200 emails waiting to be answered, module 3 of my new course Fearless Content is ready to be recorded and shared with the students currently enjoying early bird access, and my people expect to hear from me weekly with fresh content and an email. Instead, I spent all my time at the beach, doing trips to the volcano, on catamarans and to a nearby island, making friends with locals and digital nomads living there for a few months, being outside as often as possible, and taking pictures of every palm tree I saw, literally, because I love them so much and because that was the first time I’m traveling to such a beautiful place since being an iPhone owner. And yet, my business is still here. No one is requiring anything from me. I earned $6K in February, which makes it a better month than others in terms of income. I got new features, connected with new people online, generated business growth ideas, saw things from another perspective, and let all the knowledge from courses, books and podcasts from the last few months of hard work and self-education sink in.  I stopped working and reading and learning, but I was living, socializing and literally resetting my mind more than I did in the whole last year.  I know many of you crave the same sort of freedom. Because owning a business or being self-employed doesn’t necessarily mean you can do this kind of travel, take such spontaneous decisions or time off your business, without worrying your income will drop. So in this article,

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Welcome to The Free and Fearless Podcast where we talk about having more freedom and income than you know what to do with, creating digital products that people love, and making offers that sell themselves, all while serving your purpose and living your best life. I’m your host, Lidiya, a business mentor and founder of LetsReachSuccess.com, and I’m here to help you build your dream business and be bold and unapologetic.