As far as I can tell, "lifestyle businesses" were not implied in the parent's comment... just "bootstrapping." There is plenty of room in between "lifestyle business" and "swing for the fences" -- your comment seems to imply that those are the only options.
Re:Incubators are a Ghetto
by littleidea on Tuesday January 03, 2012 @09:45PM
(#3422500)
The author edited the post since my response. I used the word lifestyle because that was the word he used.
There are a lot of options. Infinite options. There is also a big difference in potential risk and outcomes of those options. There is nothing wrong with approaches to creating lifestyle businesses. In many cases, this can be optimal.
If the incubator is specifically trying to develop lifestyle business in Chile, win and win.
With the possible reservation that if you truly get to product-market fit and it's a lifestyle business, then maybe you should consider a bigger market, as it is almost always as much work to solve a small problem as it would be to solve a bigger one.
Good luck, and I'd love to hear your story as you make progress