Technical Vocational Education and Training (TVET) plays a crucial role in preparing skilled workers, contributing to economic development and poverty alleviation. This chapter explores the integration of life-based learning in TVET, highlighting its potential to bridge the gap between formal education and industry needs. Life-based learning in TVET emphasises practical, real-world experiences, equipping students with not only technical skills (hard skills) but also essential soft skills such as communication, teamwork, and problem-solving. Through the Teaching Factory (TEFA) model, students gain hands-on experience in real work environments, learning key competencies that align with industry demands. The chapter discusses three TEFA approaches—production-based, service-based, and project-based—each designed to provide students with direct exposure to industry practices. Additionally, the chapter introduces the TEFA sister-cousin model, which focuses on customising TEFA practices based on regional potential and industry requirements, ensuring that graduates are not only job-ready but also capable of becoming entrepreneurs. The integration of life-based learning in TVET is shown to enhance the adaptability and competitiveness of graduates, addressing challenges such as unemployment and the skills gap. By adopting life-based learning principles, TVET institutions can play a pivotal role in producing skilled, entrepreneurial workers who contribute to sustainable economic growth and societal well-being. The chapter concludes by emphasising the need for TVET systems to adapt to the evolving labour market and technological advancements continually.